Overnight Digest: Stocks to look out for on November 6

DSIJ Intelligence / 03 Nov 2017

Overnight Digest: Stocks to look out for on November 6

The stocks that are likely to witness significant movement on November 6, 2017 are Bharat Road Network Limited, Torrent Pharmaceuticals, GE T&D India Limited, AU Small Finance Bank Limited and Motilal Oswal Financial Services Limited.

The stocks that are likely to witness significant movement on November 6, 2017 are Bharat Road Network Limited, Torrent Pharmaceuticals, GE T&D India Limited, AU Small Finance Bank Limited and Motilal Oswal Financial Services Limited.

Bharat Road Network Limited: The company informed the bourses that it has got into an agreement to Acquire the equity shares in Guruvayoor Infrastructure Private Limited (GIPL), an sssociate of the company . The stock will be in focus on Monday.

Torrent Pharmaceuticals: Torrent Pharma acquired the branded formulation business of India and Nepal of Unichem Laboratories Limited. The stock is likely to be in focus on Monday.

GE T&D India Limited: The company announced its Q2FY18 results on Friday and posted a an increase in PAT from Rs. 205 crore in Q2FY17 to Rs. 475 crore in Q2FY18. The stock will be watched on November 6, 2017.

AU Small Finance Bank Limited: The company informed the bourses that the RBI has granted its approval to SBI Mutual Fund to acquire shareholding of up to 10% in AU Small Finance Bank. The stock is likely to be in focus on Monday.

Motilal Oswal Financial Services Limited: The company will be announcing its second quarter results for the financial year 2018 on Friday. The stock will be in focus on November 6, 2017.

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