Overnight Digest- Stocks to look out for on December 28

The stocks that could witness significant movement on December 28 are JSW Energy, Godrej Properties, Vardhman Textiles Ltd., Balmer Lawrie & Company Ltd., and Bombay Burmah Trading Company Ltd.

JSW energy : - JSW Energy's board approves raising up to Rs 750 cr.

Godrej Properties :- Realty firm, Godrej Properties Ltd., today said that its commercial project 'Godrej BKC' in Mumbai has received the LEED Platinum certification for developing green buildings.

VARDHMAN TEXTILES LTD :- Kotak Mahindra Capital Company Limited (Manager of the Buyback offer) has submitted to BSE a copy of Final Letter of Offer regarding Buyback of 62,60,869 equity shares of INR 10/- each ("Share") of Vardhman Textiles Ltd., ("Target Company") at a price of INR 1,150/- per share under the tender offer route ("Buyback").

Balmer Lawrie & Company Ltd :-  The company has decided on allotment of 8,55,01,923 new Equity Bonus Shares of Rs. 10/- each as fully paid up equity shares of the Company to the shareholders of the Company, on the record date fixed for the purpose i.e. December 27, 2016.

Bombay Burmah Trading Corporation Ltd :- The company has issued Commercial Paper for an aggregate amount of Rs. 50 crores on December 23, 2016 for 81 days and having maturity date March 14, 2017. This is in addition to the CP issued in November, 2016 for Rs. 50 crores.M/s India Ratings & Research Private Limited has granted rating of "A1+" for issue of Commercial Paper by the Corporation upto Rs. 100 crores.