Overnight Digest- Stocks to look out for on April 5

DSIJ Intelligence / 03 Apr 2017

Overnight Digest- Stocks to look out for on April 5

The stocks which are expected to witness significant movement on April 5 are State Bank of India, Tata Motors/Ashok Leyland, MEP Infrastructure Developers, IL&FS Transportation and VST Tillers.

The stocks which are expected to witness significant movement on April 5 are State Bank of India, Tata Motors/Ashok Leyland, MEP Infrastructure Developers, IL&FS Transportation and VST Tillers.

State Bank of India: State Bank of India (SBI) has cut base rate by 15 basis points. The share price of the bank will remain in the limelight on Wednesday.

Tata Motors/Ashok Leyland: The pile-up of inventories of BS III vehicles of Tata Motors and Ashok Leyland are worth Rs 2500 crore and Rs 750 crore, respectively. The share price of these companies will be in focus on April 5.

MEP Infrastructure Developers: MEP Infrastructure Developers has entered into an MOU with the Construction Industry Development Board (CIDB Malaysia) for development of sustainable highways and expressways projects in India and related investments. The share price of the company will remain in the limelight on Wednesday.

IL&FS Transportation: IL&FS Transportation has built Rs 3500 crore Chenani-Nashri tunnel in 70:30 BOT annuity model. The share price of the company will be in focus on April 5.

VST Tillers: VST Tillers has achieved sales of 4625 power tiller units and 1398 tractors in March 2017. The share price of the company will remain in the limelight on Wednesday.

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