Overnight Digest- Stocks to look out for on Oct 20
DSIJ Intelligence / 19 Oct 2016
The stocks which could witness significant movement on October 20 are RIL/Yes Bank, Punjab & Sind Bank, RBL, Suzlon Energy & NBCC.
The stocks which could witness significant movement on October 20 are RIL/Yes Bank, Punjab & Sind Bank, RBL, Suzlon Energy & NBCC.
RIL/Yes Bank :- RIL & Yes Bank will be declaring results on Thursday and the stocks may react to the result expectations.
Punjab & Sind Bank:- With reference to the earlier letter dated October 05, 2016, Punjab & Sind Bank has now informed BSE that allotment of Basel-Ill compliant Tier-II Bonds with coupon of 7.99% p.a. with a maturity of 10 years amounting to Rs.500 crore on Private Placement basis has been done on October 19, 2016 (i.e., Deemed Date of Allotment) as per the terms of the Disclosure Document.
RBL :- The Total income for RBL increased by 37.91 per cent and the net profit increased by 34.3 per cent for the bank with NPA coming down for the private bank.
Suzlon Energy :- Suzlon Energy has signed Share Subscription and Shareholders Agreement with Unisun Energy and Vayudoot Solarfarms for setting-up of solar power project under Vayudoot, presently a wholly owned subsidiary of the Company.
NBCC :- Government announces 15 per cent stake sale in the company. Government is likely to raise Rs 2,200 crore from NBCC stake sale.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.