Overnight Digest- Stocks to look out for on November 25
DSIJ Intelligence / 24 Nov 2016
The stocks which could witness significant movement on November 25 are Blue Dart Express Ltd., JK Paper Ltd., Indo Tech Transformers Ltd., Bata India/BEML/Shilpa Medicare and Yes Bank.
The stocks which could witness significant movement on November 25 are Blue Dart Express Ltd., JK Paper Ltd., Indo Tech Transformers Ltd., Bata India/BEML/Shilpa Medicare and Yes Bank.
Blue Dart Express Ltd. :- Blue Dart Express Ltd., has now informed BSE that, Blue Dart Aviation Ltd., has become 'Wholly Owned Subsidiary’ of the Company with effect from November 24, 2016.
JK Paper Ltd. :-The company has informed BSE that a meeting of the committee of directors of the Company will be held on December 07, 2016, to consider allotment of 74,28,240 Equity Shares of Rs. 10/- each of the Company, consequent upon conversion of FCCBs (Series 2).
Indo Tech Transformers Ltd:- The company has informed BSE that India Ratings and Research (The Credit Rating Agency) has affirmed Indo tech Transformers Limited's (the Company) Long-Term Issuer Rating at 'IND BBB-/Stable'. The agency has also affirmed the Long-term 'IND BBB-' rating with a Stable Outlook and Short-term 'IND A3' rating.
Bata India/BEML/Shilpa Medicare :- These companies will be declaring their results tomorrow and may trade volatile.
Yes Bank :- Yes Bank partners with Gujarat State Road Transport Corporation to digitise Bus Travel payments.
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