Overnight Digest- Stocks to look out for on December 19
DSIJ Intelligence / 16 Dec 2016
The stocks which could witness significant movement on December 19 are NTPC/National Aluminium Company, Aurobindo Pharma, Navneet Education, Wipro and Tata Global Beverages/Jay Shree Tea and Industries.
The stocks which could witness significant movement on December 19 are NTPC/National Aluminium Company, Aurobindo Pharma, Navneet Education, Wipro and Tata Global Beverages/Jay Shree Tea and Industries.
NTPC/National Aluminium Company: National Aluminium Company (NALCO) to get affordable power from NTPC’s 2400 MW Odisha unit. The share price of NTPC and Nalco will be watched out on Monday.
Aurobindo Pharma: Aurobindo Pharma hit almost nine months' low on Friday after it was named in a lawsuit alleging that it colluded with other drugmakers to fix prices of two commonly-used drugs in the United States.
Navneet Education: Inga Capital (manager to the buy-back offer) has submitted letter of offer in respect of the buy-back offer to the equity shareholders of Navneet Education.
Wipro: Wipro has been positioned as a 'Leader' in Gartner's magic quadrant for application testing services, worldwide 2016.
Tata Global Beverages/Jay Shree Tea and Industries: Darjeeling tea production numbers are likely to be lesser by 6.25 per cent in current year to 8 million kg in comparison to 8.5 million kg in previous year. The share price of companies, viz., Tata Global Beverages and Jay Shree Tea and Industries will be in focus on December 19.
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