Overnight Digest: Stocks to look out for on November 16
DSIJ Intelligence / 15 Nov 2017
The stocks that are likely to witness significant movement on the bourses on November 16 are CRISIL Limited, Royal Orchid Hotels Limited, RBL Bank Limited, The New India Assurance Company Limited and Gujarat State Financial Corporation Limited.
The stocks that are likely to witness significant movement on the bourses on November 16 are CRISIL Limited, Royal Orchid Hotels Limited, RBL Bank Limited, The New India Assurance Company Limited and Gujarat State Financial Corporation Limited.
CRISIL Limited: The rating agency CRISIL announced on Wednesday that it will be acquiring 100 per cent stakes in Pragmatix for Rs. 56 crore. The stock will be watched on November 16, 2017.
Royal Orchid Hotels Limited: The company announced on Wednesday that it will be launching a new Royal Orchid hotel in Kanpur. The stock will be in focus on November 16, 2017.
RBL Bank Limited: The bank informed the bourses on Wednesday that it has acquired additional 2.08 per cent stake in Swadhaar FinServe Private Limited and thereby increased its shareholding in Swadhaar to 60.48 per cent. The stock will be in focus on November 16, 2017.
The New India Assurance Company Limited: NIACL announced its second quarter results for the financial year 2018 on Wednesday. The company posted a nearly 50 per cent y-o-y hike in its net profit for the corresponding period. The stock will be watched on November 16, 2017.
Gujarat State Financial Corporation Limited: The company will be announcing its Q2 results for FY18 on Thursday. The stock will be in focus on November 16, 2017.
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