Overnight Digest- Stocks to look out for on February 9
DSIJ Intelligence / 08 Feb 2017
The stocks which could witness a significant movement on either side on February 9 are Cipla, Union Bank, ABB India, Aurobindo Pharma, Bank of India, BPCL, SKF and Acrysil.
The stocks which could witness a significant movement on either side on February 9 are Cipla, Union Bank, ABB India, Aurobindo Pharma, Bank of India, BPCL, SKF and Acrysil.
a) Cipla and Union Bank of India: Generic pharma major Cipla and public sector bank Union Bank will be reacting to their Q3 numbers on Thursday.
b) ABB India, Aurobindo Pharma, Bank of India, BPCL and Cairn India: All eyes would be on these companies as they would be reporting their Q3 earnings on Thursday.
c) SKF: The company has informed BSE in an exchange filing that the board of directors meeting scheduled to be held on February 13, 2017 will also consider a proposal for buy-back of equity shares of the company.
d) Acrysil: The company has informed BSE in an exchange filing that the company has acquired additional 8 per cent equity shares in the UK-based kitchen sinks distribution company Homestyle Products Ltd through its UK subsidiary, Acrysil UK Ltd".
e) Cipla: The company has informed BSE in an exchange filing that the board of directors of the company have approved raising of funds upto Rs 2,000 crore.
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