Overnight Digest- Stocks to look out for on February 2

DSIJ Intelligence / 01 Feb 2017

Overnight Digest- Stocks to look out for on February 2

The stocks which could witness significant movement on February 2 are Sona Koyo Steering Systems, Wipro, Mahindra & Mahindra, Kandagiri Spinning Mills, TeamLease Services.

The stocks which could witness significant movement on February 2 are Sona Koyo Steering Systems, Wipro, Mahindra & Mahindra, Kandagiri Spinning Mills, TeamLease Services.

Sona Koyo Steering Systems: Kotak Mahindra Capital Company has submitted a copy of public announcement to the shareholders of Sona Koyo Steering Systems with respect to the proposed open offer by JTEKT Corporation.

Wipro: Wipro joins the Industrial Internet Consortium (IIC), the global member-supported organisation. The share price of the company will remain in focus on Thursday.

Mahindra & Mahindra: Mahindra & Mahindra’s automobile sales stood at 39,303 vehicles in January 2017. The company’s tractor sales stood at 14,776 units in January 2017.

Kandagiri Spinning Mills: Kandagiri Spinning Mills’ wind energy generators completed total sales of Rs 27.1 crore till January 31. The share price of the company will remain in limelight on February 2.

TeamLease Services: TeamLease Services has acquired Keystone Business Solutions. Keystone will be formed as the company's wholly-owned subsidiary i.e. TeamLease Staffing Services with effect from February 1.

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