Overnight Digest: Stocks to look out for on December 6

Shital Jibhe / 05 Dec 2017

Overnight Digest: Stocks to look out for on December 6

The stocks that are likely to witness a significant movement on the bourses on December 6, 2017 are Hindustan Petroleum Corporation Limited, Manali Petrochemicals Limited, Centum Electronics Limited, Windsor Machines Limited and Punjab Chemicals and Crop Protection Limited.

The stocks that are likely to witness a significant movement on the bourses on December 6, 2017 are Hindustan Petroleum Corporation Limited, Manali Petrochemicals Limited, Centum Electronics Limited, Windsor Machines Limited and Punjab Chemicals and Crop Protection Limited.

Hindustan Petroleum Corporation Limited: ICRA has assigned a long-term issuer rating of “(ICRA) AAA” to the company. This rating indicates the highest degree of safety regarding timely servicing of financial obligations. The stock will be in limelight on December 6, 2017.

Manali Petrochemicals Limited: The company announced its second quarter results on Tuesday, December 5. It posted a hike of 328.31 per cent in profit to Rs. 915.39 crore in Q2FY18 against Rs. 213.72 crore in Q1FY18. The stock will be in focus on Wednesday.

Centum Electronics Limited: The company will release its second quarter results of FY18 on Wednesday. The stock will be in focus on December 6, 2017.

Windsor Machines Limited: The company announced its second quarter results on Tuesday, 05th December 2017, it posted a hike of 6125.4 per cent in profit to Rs. 782.7 crore in Q2FY18 against a loss of Rs. 12.99 crore in Q1FY18. The stock will be in focus on Wednesday.

Punjab Chemicals and Crop Protection Limited: The company has informed the stock exchange to consider the fund raising by way of public offering / qualified institutional placement / debt issue or any other method as decided by the Board of Directors of the Company. The stock will be in limelight on December 6, 2017.

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