Overnight Digest – Stocks to look out for on September 30
DSIJ Intelligence / 29 Sep 2016
The stocks which could witness significant movement on September 30 are Indian Overseas Bank, Lupin, Alkem Laboratories, Shipping Corporation of India and Yes Bank.
The stocks which could witness significant movement on September 30 are Indian Overseas Bank, Lupin, Alkem Laboratories, Shipping Corporation of India and Yes Bank.
Indian Overseas Bank: Indian Overseas Bank has received revised ratings from Brickwork Ratings for Basel III Compliant AT1 perpetual bonds. The share price of the company will be watched out on September 30.
Lupin: Lupin has received approval from the US health regulator to market its memantine hydrochloride extended-release capsules, used in treating Alzheimer's disease. The share price will be in focus on Friday.
Alkem Laboratories: Alkem Laboratories has received observations from USFDA for its manufacturing facility located at Daman, India. The share price of the company will be in limelight on September 30.
Shipping Corporation of India: Shipping Corporation of India has incorporated its wholly-owned subsidiary, Inland & Coastal Shipping on September 29, 2016. The share price of the company will be in focus on Friday.
Yes Bank: Yes Bank plans to raise Rs 2500 crore via long-term bonds. Out of this, Rs 1000 crore from debentures; and Rs 1500 crore from a private placement basis.
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