Overnight Digest- Stocks to look out for on December 2

DSIJ Intelligence / 01 Dec 2016

Overnight Digest- Stocks to look out for on December 2

The stocks which could witness significant movement on December 2 are Sagar Cements, KIC Metaliks Ltd, Wipro Ltd, Axiscades Engineering Technologies Ltd and Parsvanath developers/Ashoka Buildcon/BGR energy.

The stocks which could witness significant movement on December 2 are Sagar Cements, KIC Metaliks Ltd, Wipro Ltd, Axiscades Engineering Technologies Ltd and Parsvanath developers/Ashoka Buildcon/BGR energy.

Sagar Cements Ltd:- The company issued a letter dated November 30, 2016 intimating about the meeting of the Securities Allotment Committee of the Board convened to be held on December 05, 2016, inter alia, to consider the allotment of 6,11,986 equity shares of Rs. 10/- each on a preferential basis to the persons forming part of promoter as well as non-promoter group, as earlier approved by the shareholders of the company.

KIC Metaliks Ltd :- The company has informed BSE that from December 01, 2016 the Company has resumed its Plant operations after a major shutdown for technical reasons.

Wipro Ltd :- The company has informed BSE about winning Infrastructure deal from Australia-based Oil and GAS Company – Woodside.

Axiscades Engineering Technologies Ltd :- The compay has announced on BSE about winning an engineering services contract from Airbus.

Parshvanath developers/Ashoka Buildcon/ BGR Energy:- These companies will be declaring their Q2 results tomorrow and the stocks may trade volatile.

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