Overnight Digest- Stocks to look out for on December 29

DSIJ Intelligence / 28 Dec 2016

Overnight Digest- Stocks to look out for on December 29

The stocks which could see a significant movement on December 29 are ICICI Bank, Kuantum Papers, India Finsec, Suyog Telematics and Dilip Buildcon.

The stocks which could see a significant movement on December 29 are ICICI Bank, Kuantum Papers, India Finsec, Suyog Telematics and Dilip Buildcon.

a) ICICI Bank: According to certain sections of the media, ICICI Bank and Twitter have announced their partnership, which is aimed at integrating additional digital customer care support features to benefit customers with direct online response to their queries and feedback in real-time.

b) Kuantum Papers:  CARE has reviewed its credit ratings for fixed deposits, long term and short term bank facilities and has upgraded the external rating to CARE BBB+.

c) India Finsec: Company has made investment of Rs. 5,00,000/- in IFL Housing Finance Limited, via purchase of 50000 Equity Shares @10/- each.

d) Suyog Telematics: The company has informed the bourses that it has received a letter of acceptance from MSRDC for installing BTS equipments on poles along the Bandra-Worli Sea Link.

e) Dilip Buildcon:  India Rating & Research has upgraded the company's long term issuer rating and the long term rating on its bank facilities to ‘IND A' from IND A-' while resolving the Rating Watch Positive (RWP). The agency has also upgraded the short term rating on DBL's bank facilities to ‘IND A1 from 'INDA2+'.


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