Overnight Digest- Stocks to look out for on May 24

DSIJ Intelligence / 23 May 2017

Overnight Digest- Stocks to look out for on May 24

The stocks which are expected to witness significant movement on May 24 are Adani  Entreprises/Aptech/Bharat Forge, PPAP Automotive Limited,Coral India Finance & Housing Limited,Radico Khaitan Limited and Cerebra Integrated Technologies Limited.

The stocks which are expected to witness significant movement on May 24 are Adani  Entreprises/Aptech/Bharat Forge, PPAP Automotive Limited,Coral India Finance & Housing Limited,Radico Khaitan Limited and Cerebra Integrated Technologies Limited.

Adani Entreprises/Aptech/Bharat Forge :- These companies will be declaring their Q4 results tomorrow. 

PPAP Automotive Limited :- The company reported Net Profit of Rs. 8.74 crore for Q4FY17, up by 106.13%, as compared to Rs. 4.24 crore in the corresponding quarter of last fiscal.The company’s Q4FY17 PAT margin stood at a robust 9.15%, as compared to 5.50% in Q4FY16.

Coral India Finance & Housing Limited:- The company has informed the Exchange that the Board of Directors have recommended 10% dividend ( Re. 1/- per Equity Share of Face Value of Rs. 10/- each ) for the year 2016-17.

Radico Khaitan Limited:- The company has informed the Exchange that Board of Directors at its meeting held on May 23, 2017, recommended Final Dividend of Rs. .80 per equity share. 

Cerebra Integrated Technologies Limited:- The company has informed the Exchange regarding the consent from the Karnataka State Pollution Control Board to start production for its E-Waste plant in Bangalore.

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