Overnight Digest- Stocks to look out for on November 23
DSIJ Intelligence / 22 Nov 2017
The stocks that are likely to witness significant movement on the bourses on November 23 are Garware-Wall Ropes, Tata Teleservices (Maharashtra), Thomas Cook (India), Asian Granito India and Rane Brake Lining/Skipper.
The stocks that are likely to witness significant movement on the bourses on November 23 are Garware-Wall Ropes, Tata Teleservices (Maharashtra), Thomas Cook (India), Asian Granito India, Rane Brake Lining/Skipper.
Garware-Wall Ropes: The company announced its second quarter results on Wednesday, it posted a rise of 17.3 per cent to Rs. 54.1 crore in net profit in Q2DY18 as against Rs. 46.2 crore in FY17. The stock will be in focus on Thursday.
Tata Teleservices (Maharashtra): The company informed the bourses that its ratings on the bank loan facilities has been upgraded to ‘CRISIL AA-/CRISIL A1+’ from CRISIL A/CRISIL A1. The stock will be in limelight on November 23, 2017.
Thomas Cook (India): The company proposes to raise over Rs. 600 crore through dilution of 5.42% stake in Quess Corp. The stock will be in focus on Thursday.
Asian Granito India: The companies EBITDA hits up 14 per cent rise to Rs. 67 crore as compared to Rs. 58 crore in the previous year. Net profit increased by 41 per cent to Rs. 25 crore against 18 crore in the previous year. The stock will be watched on Thursday.
Rane Brake Lining/Skipper: The companies will release their second quarter results of FY18 on Thursday. The stock will be in focus on November 23, 2017.
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