Overnight Digest- Stocks to look out for on February 22
DSIJ Intelligence / 21 Feb 2017
The stocks which could witness significant movement on February 22 are Tata Chemicals, IDBI Bank, Bajaj Electricals, Aurobindo Pharma, ITD Cementation.
The stocks which could witness significant movement on February 22 are Tata Chemicals, IDBI Bank, Bajaj Electricals, Aurobindo Pharma, ITD Cementation.
Tata Chemicals: Tata Chemicals’ Haldia plant will remain shut from February 21, 2017 to April 15, 2017 on the account of ammonia pipeline relocating project hook up and commissioning, along with annual shutdown of the plant for planned repair and maintenance work.
IDBI Bank: IDBI Bank proposes to dilute stake in some non-core businesses to shore up capital base. The share price of bank will remain in the limelight on Wednesday.
Bajaj Electricals: Bajaj Electricals extends trademark agreement with Morphy Richards. The share price of the company will remain in focus on February 22.
Aurobindo Pharma: Aurobindo Pharma gets clearance for USFDA inspection for Unit-11. Its plant produces non-antibiotic active ingredients. The share price of the company will be watched on Wednesday.
ITD Cementation: ITD Cementation posted weak financials for Q4CY16 on Tuesday. The company’s topline declined 31 per cent and bottomline also reduced 56 per cent on a yearly basis.
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