Overnight Digest – Stocks to look out for on September 28

DSIJ Intelligence / 27 Sep 2016

Overnight Digest – Stocks to look out for on September 28

The stocks which could witness a significant movement on September 28 are- Bajaj Auto, Tata Motors, ICICI Bank, Kakatiya Cement,Sugar & Industries Ltd., & Reliance Infra.

The stocks which could witness a significant movement on September 28 are- Bajaj Auto, Tata Motors, ICICI Bank, Kakatiya Cement,Sugar & Industries Ltd., & Reliance Infra.

Bajaj Auto Ltd :-  Bajaj Auto Ltd has informed BSE that the board of directors of the Company will meet on October 28, 2016, inter alia, to consider, the unaudited financial results for the quarter and half year ending September 30, 2016 (Q2).

Tata Motors :- Credit rating agency Moodys investor services has upgraded Tata Motors ratings from Ba2 TO Ba1.

ICICI Bank :- ICICI Prudential Life Insurance is getting listed on September 29, and the stock might trade volatile owning to the listing gains expectation.

Kakatiya Cement, Sugar & Industries Ltd:- Kakatiya Cement Sugar & Industries Ltd., has informed BSE that the shareholders of their Company at the 37th Annual General Meeting, held on September 27, 2016 have approved the resolution declaring payment of Dividend @ 27% i.e., Rs. 2.70 per share.

Reliance Infra :- Looking to pursue foreign business and dividend policy is to be announced next year onwards as declared by Anil Ambani in AGM conducted on September 27.

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