Overnight Digest: Stocks to look out for on September 3
DSIJ Intelligence / 01 Sep 2017
The stocks that are likely to witness significant movement on the bourses on September 3 are Union Bank of India, Genus Power Infrastructures Limited, Tata Motors Limited, Refex Industries Limited and Pudumjee Paper Products Limited.
The stocks that are likely to witness significant movement on the bourses on September 3 are Union Bank of India, Genus Power Infrastructures Limited, Tata Motors Limited, Refex Industries Limited and Pudumjee Paper Products Limited.
Union Bank of India: The bank informed the bourses on Friday that the rating agency CRISIL has downgraded the ratings of the bank’s various debt instrument to CRISIL AA+/Negative from CRISIL AAA/Negative. The stock will be in focus on Monday.
Genus Power Infrastructures Limited: The company informed the bourses on September 1 that it bagged technical partnership and export orders from GUMCO, Nigeria. The stock is likely to be in focus on Monday.
Tata Motors Limited: The company announced its monthly sales figures for August 2017 on September 1, post the market hours. The domestic sales of the company grew by 26 per cent for the corresponding period. The stock will be watched on Monday.
Refex Industries Limited: The company announced its financial results for the first quarter of FY18 on Friday. The company’s net profit grew tremendously for the period. The stock will be in limelight on September 3.
Pudumjee Paper Products Limited: The company will be announcing its financial results for the first quarter of the fiscal year 2018 on September 2. The stock will be watched on Monday.
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