Overnight Digest- Stocks to look out for on November 29
DSIJ Intelligence / 28 Nov 2016
The stocks which could witness significant movement on November 29 are Edelweiss Financial Services, Tata Steel, Tamil Nadu Newsprint & Papers, Tata Power Company, Adani Ports and Special Economic Zone, Tata Elxsi.
The stocks which could witness significant movement on November 29 are Edelweiss Financial Services, Tata Steel, Tamil Nadu Newsprint & Papers, Tata Power Company, Adani Ports and Special Economic Zone, Tata Elxsi.
Edelweiss Financial Services: Edelweiss Asset Management Company is a wholly-owned subsidiary of Edelweiss Financial Services. Its onshore fund schemes are managed by JP Morgan Asset Management India.
Tata Steel: Tata Steel plans to sell UK’s speciality steel business to Liberty House for Rs 855 crore.
Tamil Nadu Newsprint & Papers and Tata Power Company: Tamil Nadu Newsprint & Papers and Tata Power Company will declare their Q2FY17 results on Tuesday. The share prices of these companies will be in focus.
Adani Ports and Special Economic Zone: Adani Group plans to ramp up Dhamra Port capacity to 300 million tonnes. DPCL has already received advance possession of 686 acres of land from Odisha government to go ahead with its second phase expansion.
Tata Elxsi: Tata Elxsi plans to drive growth through acquisitions. The company is planning to use over Rs 200 crore surplus cash in hand for such acquisitions.
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