Overnight Digest- Stocks to look out for on February 3

DSIJ Intelligence / 02 Feb 2017

Overnight Digest- Stocks to look out for on February 3

The stocks which could witness a significant movement on either side on February 3 are Godfrey Philips, TD Power, ACC, Gulf Oil, Inox Wind, PVR, Zee Media, Sun TV, Axis Bank and Tata Power.

The stocks which could witness a significant movement on either side on February 3 are Godfrey Philips, TD Power, ACC, Gulf Oil, Inox Wind, PVR, Zee Media, Sun TV, Axis Bank and Tata Power.

a) Godfrey Philips and TD Power: Cigarette major Godfrey Philip and power equipment manufacturer TD Power will be reacting to their Q3 numbers on Friday.

b) ACC, Gulf Oil, Inox Wind, PVR and Zee Media: All eyes would be on these companies as they would be reporting their Q3 earnings on Friday.

c) Sun TV: Special 2G Court to give verdict on all charges against Marans and Sun TV on February 3.

d) Axis Bank: The company has informed BSE in an exchange filing that the board of the bank has passed a resolution approving the allotment of 3 years senior floating rate notes aggregating to USD 10 million, under the bank’s MTN Programme through its Dubai International Financial Centre branch.

e) Tata Power: The company has informed BSE in an exchange filing that the company has entered into a binding understanding with NELCO Ltd. to purchase its defence business of Unattended Ground Sensors (UGS).

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