Overnight Digest- Stocks to look out for on December 26

DSIJ Intelligence / 23 Dec 2016

Overnight Digest- Stocks to look out for on December 26

The stocks which could witness significant movement on 26 December are Tata Metaliks, Bajaj Hindusthan Sugar, Cipla, Apar Industries, Rashtriya Chemicals and Fertilizers.

The stocks which could witness significant movement on 26 December are Tata Metaliks, Bajaj Hindusthan Sugar, Cipla, Apar Industries, Rashtriya Chemicals and Fertilizers.

ata Metaliks: The Calcutta High Court has sanctioned the scheme of amalgamation between Tata Metaliks DI Pipes and Tata Metaliks. The share price of the company will be watched on Monday.

Bajaj Hindusthan Sugar: Bajaj Hindusthan Sugar will sell its co-generation power business having an aggregate capacity of 449 MW.

Cipla: UK MHRA has given nod for final approval of Cipla’s generic asthma drug, Sereflo. The share price of the company will be in the focus on Monday.

Apar Industries: Apar Industries’ board of directors will consider matters relating to buyback of the fully paid-up equity shares of the company. The share price of the company may remain in the limelight on 26 December.

Rashtriya Chemicals and Fertilizers: The company has issued commercial paper for Rs 150 crore on 23 December, 2016 in favour of HDFC Bank, having maturity date 23 March, 2017.

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