Overnight Digest- Stocks to look out for on Oct 5
DSIJ Intelligence / 04 Oct 2016
The stocks which could witness significant movement on October 5 are CIL Nova Petrochemicals Limited, Indo Count Industries Ltd., Punjab & Sind Bank, Bharat Electronics and Bharti Airtel/Rel Com/ Idea.
The stocks which could witness significant movement on October 5 are CIL Nova Petrochemicals Limited, Indo Count Industries Ltd., Punjab & Sind Bank, Bharat Electronics and Bharti Airtel/Rel Com/ Idea.
CIL Nova Petrochemicals Limited: - The company has obtained a stable credit rating for its Line of Credit.
Indo Count Industries Ltd. :- Indo Count Industries Ltd., has informed BSE regarding a Press Release dated October 04, 2016 titled "CARE upgrades Indo Count Industries Ltd's Long Term Bank facilities (Term Loans) rating to "CARE AA-" and Short Term Bank facilities rating to "CARE A1+".
Punjab & Sind Bank :- Punjab & Sind Bank intends to raise Basel III compliant Tier II bonds through private placement aggregating up to Rs 500 crore. The proposed Bonds issue has been rated as ‘AA’ by CARE & 'AA’ (negative outlook) by CRISIL.
Bharat Electronics :- The buy back in Bharat Electronics share will keep the momentum in the share intact.
Bharti Airtel/Idea/Rel Com :- With the spectrum allocation almost done, the telecom companies may react to the development in tomorrow’s trading session.
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