Overnight Digest- Stocks to look out for on Oct 27
DSIJ Intelligence / 26 Oct 2016
The stocks which could witness significant movement on October 27 are Future Entreprises Ltd, Exide Industries, Pricol Ltd, TVS Motors/ Indian Oil and Tata Motors/Tata Steel/ Tata Chemicals.
The stocks which could witness significant movement on October 27 are Future Entreprises Ltd, Exide Industries, Pricol Ltd, TVS Motors/ Indian Oil and Tata Motors/Tata Steel/ Tata Chemicals.
Future Entreprises Ltd :- Future Enterprises Ltd has informed BSE that the committee of directors of the Company has at their meeting held on October 26, 2016, considered, approved & allotted 200, 9.75% Secured Redeemable Non-Convertible Debentures ("NCDs") of Rs. 10 lakh each (NCD Series XV - C) and 300, 9.80% Secured Redeemable Non-Convertible Debentures ("NCDs') of Rs. 10 lakh each, (NCD Series XV - D) aggregating to Rs. 50 crore, on private placement basis.
Exide Industries :- Exide reports 15% year on year growth in profit before tax for the second Quarter of 2016 -17
Pricol Ltd :- Pricol Ltd has informed BSE regarding Order from Hon'ble High Court of Madras, Tamil Nadu approving amalgamation of Pricol Limited with Pricol Pune Limited.
TVS Motors/ Indian Oil :- These two companies will be declaring Q2FY17 results on Thursday and are expected to trade volatile in the session.
Tata Motors / Tata Steel/ Tata Chemicals :- The developments in the Tata group over Cyrus Mistry being ousted as a chairman will be affecting the stock prices of Tata group stocks.
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