Overnight Digest- Stocks to look out for on April 25
DSIJ Intelligence / 24 Apr 2017
The stocks which are expected to witness significant movement on April 25 are Strides Shasun, IDFC Bank/Axis Bank, Reliance Communication, JM Financials and Reliance Industries.
The stocks which are expected to witness significant movement on April 25 are Strides Shasun, IDFC Bank/Axis Bank, Reliance Communication, JM Financials and Reliance Industries.
Strides Shasun: Strides Shasun has notified completion of USFDA inspection at the API Facility at Cuddalore with Zero 483 observations. The share price of the company will remain in the limelight on Tuesday.
IDFC Bank/Axis Bank: IDFC Bank and Axis Bank will declare their Q4FY17 results on Tuesday. The share price of these banks will be in focus on April 25.
Reliance Communication: Reliance Communication (RCom) has received shareholders' approval for merger with Aircel. The share price of RCom will remain in the limelight on Tuesday.
JM Financial: The board of directors of JM Financial Asset Management, a subsidiary of JM Financial, has approved the buy-back of up to 10 per cent of the outstanding equity capital. The share price of the company will be watched on April 25.
Reliance Industries: Reliance Industries declared Q4FY17 results on Monday after market hours. Its standalone net profit stood at Rs 8151 crore in Q4FY17, beating street estimates. The share price of the company will remain in the limelight on Tuesday.
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