Overnight Digest- Stocks to look out for on January 31
DSIJ Intelligence / 30 Jan 2017
The stocks which could witness a significant movement either side on January 31 are Tech Mahindra, V-Guard Industries, Dish TV, Emami, ICICI Bank, Bajaj Auto, Cadila, Dabur, ONGC, IOC, Wipro, State Bank of Travancore and banking stocks.
The stocks which could witness a significant movement either side on January 31 are Tech Mahindra, V-Guard Industries, Dish TV, Emami, ICICI Bank, Bajaj Auto, Cadila, Dabur, ONGC, IOC, Wipro, State Bank of Travancore and banking stocks.
a) Tech Mahindra, V-Guard Industries, Dish TV and Emami: IT major Tech Mahindra along with the likes of V-Guard Industries, Dish TV and FMCG company Emami will be reacting to its Q3 numbers on Tuesday.
b) ICICI Bank, Bajaj Auto, Cadila Healthcare, Dabur, IOC and ONGC: All eyes would be on the following companies as they would be reporting its Q3 earnings on Tuesday, January 31, 2017.
c) Wipro: The company has informed BSE in an exchange filing that Wipro partners with Invests in Tradeshift to increase digitalisation and automation across source-to-pay processes.
d) State Bank of Travancore: The company has informed BSE in an exchange filing that company has revised the marginal cost of funds based on lending rate. Bank cut 65 basis points across all tenors.
e) Banking Stocks: Banking stocks are likely to be focus on Tuesday post RBI announcement of removing cash withdrawal limits from ATMs from February 1, 2017.
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