Overnight Digest- Stocks to look out for on Oct 17
DSIJ Intelligence / 14 Oct 2016
The stocks which could witness significant movement on October 17 are NIIT Technology/RS Software, DCB, HDFC, Jubilant Life and Resonance Specialties Ltd.
The stocks which could witness significant movement on October 17 are NIIT Technology/RS Software, DCB, HDFC, Jubilant Life and Resonance Specialties Ltd.
NIIT Technology/ RS Software :- Both the companies will be declaring their Q2 results on October 15. The stock prices will show some volatility.
DCB : - The net profits for the bank at Rs 48 crore were above estimates. The NIM improvement also is a positive for the stock.
HDFC :- With reference to the earlier letter dated October 12, 2016 informing about the opening of the fourth issue of Rupee Denominated Bonds to overseas investors, aggregating to an amount up to Rs. 500 crore, Housing Development Finance Corporation Ltd., has now informed BSE that the Corporation has closed the said issue on October 14, 2016.
Jubilant Life :- The company will be raising Rs 50 crore by issue of commercial paper.
Resonance Speciality Ltd :- The company for one of its manufacturing site i.e M/S Vista Organics Pvt Ltd., Mandideep, (Bhopal) has been recently inspected by the USFDA (U.S. Food and Drug Administration). No 483 observations have been issued and EIR (Establishment Inspection Report) is awaited.
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