Overnight Digest – Stocks to look out for on September 22
DSIJ Intelligence / 21 Sep 2016
The stocks which could witness a significant movement on September 22 are-Indian Oil Company, Syngene International Ltd, Pratibha Industries, Godrej Properties and ABG Shipyard.
The stocks which could witness a significant movement on September 22 are-Indian Oil Company, Syngene International Ltd, Pratibha Industries, Godrej Properties and ABG Shipyard.
Indian Oil Company (IOC):- IOC will be picking up 39 per cent stake in Dharma LNG terminal.
Syngene International Ltd:- Syngene International has closed a deal with Strand Life Sciences to Purchase Systems Biology and Pharma Services Practice.
Pratibha Industries: - Pratibha Industries has informed BSE that the board of directors of the company at its meeting held on September 21, 2016, has approved (subject to the consent of shareholders) the increase in the authorized share capital from Rs. 40 crores to Rs.70 crores.
Godrej Properties:- Godrej Properties Ltd has acquired a land parcel measuring approximately 12 acres off Sarjapur Road in South Bangalore. Godrej Properties plans to develop a residential housing project of approximately 92,900 sq. mtrs. (approximately 1 million sq. ft.).
ABG Shipyard:-Shareholders reject the bid of the company to restructure debt. Lenders proposal has been rejected by the shareholders, and the company is expected to trade volatile in tomorrow's session.
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