Overnight Digest- Stocks to look out for on December 1

DSIJ Intelligence / 30 Nov 2016

Overnight Digest- Stocks to look out for on December 1

The stocks that could witness significant movement on December 1 are RBL Bank, Geojit BNP Paribas Financial Services, Amtek Auto, Gillette India/ Dilip Buildcon, Bajaj Finance.

The stocks that could witness significant movement on December 1 are RBL Bank, Geojit BNP Paribas Financial Services, Amtek Auto, Gillette India/ Dilip Buildcon, Bajaj Finance.

RBL Bank: RBL Bank becomes the first Indian bank to launch Aadhaar Payment Bridge System for small ticket micro-finance loan disbursements. The stock will be in the limelight on Thursday.

Geojit BNP Paribas Financial Services: Geojit BNP Paribas Financial Services has acquired control of Sharekhan on November 23.

Amtek Auto: Amtek Auto’s board has approved infusion of fresh capital and restructuring of debt of the company. An investor has made significant investment in the group. The company’s consolidated debt stands at Rs 14,800 crore.

Gillette India/Dilip Buildcon: Gillette India, Dilip Buildcon will declare their Q2FY17 results on December 1. The stocks of these companies will be watched on Thursday.

Bajaj Finance: Bajaj Finance has secured redeemable non-convertible debentures worth Rs 606.8 crore with face value of Rs 10 lakh on private placement basis. The share price of the company will be focused on December 1.

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