Overnight Digest- Stocks to look out for on December 7
DSIJ Intelligence / 06 Dec 2016
The stocks which could witness significant movement on December 7 are KEI Industries, Lupin, IL&FS Transportation Networks, NMDC, Crompton Greaves/PNC Infratech and State Bank of India/ HDFC Bank/ICICI Bank.
The stocks which could witness significant movement on December 7 are KEI Industries, Lupin, IL&FS Transportation Networks, NMDC, Crompton Greaves/PNC Infratech and State Bank of India/ HDFC Bank/ICICI Bank.
KEI Industries: KEI Industries’ new production line of Extra High Voltage (EHV) cables at Chopanki plant would be operational by the end of December 2016.
IL&FS Transportation Networks: IL&FS Transportation Networks’ Joint Venture with M/s. PJSC Kyivmetrobud in the ratio of 70:30 has submitted bids with the Chennai Metro Rail (CMRL) on item rate basis for ‘Design Validation and Construction of works of underground station (Excluding Station Diaphragm Walls).
NMDC: NMDC’s production and sales for November stand at 20.09 million tonnes and 22.59 million tonnes respectively.
Crompton Greaves/ PNC Infratech: Crompton Greaves and PNC Infratech will declare their Q2FY17 results on Wednesday. The share prices of these companies will be watched out on December 7.
State Bank of India/ HDFC Bank/ICICI Bank: All banking stocks will remain in focus as MPC’s declaration will come out during market hours on Wednesday.
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