Overnight Digest: Stocks to look out for on August 30
DSIJ Intelligence / 29 Aug 2017
The stocks that are likely to witness significant movement on the bourses on August 30 are IL&FS Engineering and Construction Company Limited, Mold-Tek Technologies Limited, Aurobindo Pharma, Sun Pharma, Safari Industries (India) Ltd, Wipo Ltd and NTPC Ltd.
The stocks that are likely to witness significant movement on the bourses on August 30 are IL&FS Engineering and Construction Company Limited, Mold-Tek Technologies Limited, Aurobindo Pharma, Sun Pharma, Safari Industries (India) Ltd, Wipo Ltd and NTPC Ltd.
NTPC Ltd:
Institutional buyers put in Rs 7,800 Cr bids in NTPC stake sale. On the first day of the offer for sale (OFS), bids for over 46.35 crore shares, came in from institutional buyers. The stock will be in focus on Wednesday.
Wipro Ltd:
Wipro Gallagher Solutions, a Wipro Ltd company has announced that the release of its enhanced HMDA functionality in NetOxygen. The stock will be in focus on Wednesday.
Aurobindo Pharma, Sun Pharma:
Aurobindo Pharma, Sun Pharma and other pharma stocks might get affected as the US Food and Drug Administration (USFDA) has increased fee for processing Abbreviated New Drug Application (ANDA) by over USD 1 lakh to USD 1.71 lakh for the fiscal year 2018. The stocks will be watched on Wednesday.
Safari Industries (India) Ltd :
The financial results of the company will be out on 30th August. The stocks will be watched on Wednesday.
IL&FS Engineering and Construction Company Limited, Mold-Tek Technologies Limited:
These companies have submitted to the Exchange, the financial results for the period ended June 30, 2017. These stocks will be in focus on Wednesday.
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