Overnight Digest: Stocks to look out for on November 7
DSIJ Intelligence / 06 Nov 2017
The stocks that are likely to witness significant movement on November 7, 2017 are Reliance Communications Limited, AXISCADES Engineering Technologies Limited, Sadbhav Engineering Limited, Avadh Sugar & Energy Limited and Cipla Limited/Alembic Pharmaceuticals Limited.
The stocks that are likely to witness significant movement on November 7, 2017 are Reliance Communications Limited, AXISCADES Engineering Technologies Limited, Sadbhav Engineering Limited, Avadh Sugar & Energy Limited and Cipla Limited/Alembic Pharmaceuticals Limited.
Reliance Communications Limited: Reliance Communications Limited entered into a binding MoU with Veecon Media and Television Limited on Monday, for sale of its subsidiary Reliance BIG TV Limited, engaged in the business of DTH services across India. The stock will be in focus on Tuesday.
AXISCADES Engineering Technologies Limited: The company informed the bourses on Monday that it will be acquiring Mistral Solutions for Rs. 175 crore. The stock will be in focus on Tuesday.
Sadbhav Engineering Limited: The company informed the bourses that it is deemed successful in the bid (L1) of Western Coal Fields, CIL, Maharashtra for a project worth Rs. 674.20 crores. The company will be in limelight on Tuesday.
Avadh Sugar & Energy Limited: The company posted a 48 per cent hike in profit after tax for the second quarter of FY18. The results were declared in the post-market hours. The stock will be watched on Tuesday.
Cipla Limited/Alembic Pharmaceuticals Limited: The company will be announcing its second quarter results for the financial year 2018 on Tuesday. The stock will be in focus on November 7, 2017.
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