Overnight Digest: Stocks to look out for on August 14
DSIJ Intelligence / 11 Aug 2017
The stocks that are likely to witness significant movement on the bourses on August 14 are Godrej Industries Limited, Technocraft Industries (India) Limited, PPAP Automotive Limited, Cochin Shipyard, Parsvnath Developers and Kavit Industries
The stocks that are likely to witness significant movement on the bourses on August 14 are Godrej Industries Limited, Technocraft Industries (India) Limited, PPAP Automotive Limited, Cochin Shipyard, Parsvnath Developers and Kavit Industries
Technocraft Industries (India) Limited: The company informed the exchange that credit rating agency ‘CRISIL’ has reaffirmed their credit rating on long term bank loan facility and short term bank loan as “CRISIL A+” and “CRISIL A1+” respectively. The stock will be watched on Monday, August 14.
Godrej Industries Limited/ PPAP Automotive Limited:
These companies submitted to the exchange their unaudited financial results for the quarter ended June 30, 2017. These stocks will be in focus on Monday.
Cochin Shipyard:
India's largest state-owned shipmaker’s debut on the bourses today saw its shares rising as much as 21 per cent to an intra-day high of Rs 522 on the Bombay Stock Exchange, against its issue price of Rs. 432. The stock will remain in focus on Monday.
Parsvnath Developers and Kavit Industries:
The Securities Appellate Tribunal has asked the stock exchanges to lift the trading restrictions imposed on Parsvnath Developers and Kavit Industries after SEBI had restricted trading of 331 suspected shell companies earlier this week. These stocks will be in the limelight on Monday, August 14.
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