Overnight Digest- Stocks to look out for on December 20

DSIJ Intelligence / 19 Dec 2016

Overnight Digest- Stocks to look out for on December 20

The stocks which could witness significant movement on December 20 are Opto Circuits, Gujarat Industries Power Company, Entertainment Network (India), Granules India and Steel Authority of India.


The stocks which could witness significant movement on December 20 are Opto Circuits, Gujarat Industries Power Company, Entertainment Network (India), Granules India and Steel Authority of India.

Opto Circuits (India): Opto Circuits (India) and its subsidiaries received orders worth Rs 91 crore from Philips Health Care.

Gujarat Industries Power Company: Gujarat Industries Power Company (GIPCL) has signed Power Purchase Agreements (PPA) for a period of 25 years with Gujarat Urja Vikas Nigam (GUVNL) for the entire 26 MW (13 x 2 MW) wind farm capacity of the Rojmal Wind Farm viz.; for 18 MW (9x2 MW) and for 8 MW (4x2 MW).

Entertainment Network (India): Entertainment Network (India) has commenced broadcast from its radio station at Kanpur (2nd channel – 91.9 FM - acquired under Phase 3 auctions held last financial year). The second channel has been branded 'Mirchi Love'.

Granules India: Granules India’s OmniChem facility completed US FDA inspection.

Steel Authority of India (SAIL): SAIL is in talks with Japan's Nippon Steel & Sumitomo MetalCorp and Kobe Steel for potential technical agreements to help the firm expand its global footprint.