Overnight Digest: Stocks to look out for on December 22

DSIJ Intelligence / 21 Dec 2017

Overnight Digest: Stocks to look out for on December 22

The stocks that are likely to witness significant movement on the bourses on Friday, December 22 are Infosys Limited, Indian Hume Pipe Company Limited, Steel Strips Wheels Limited, SRS Limited and Canara Bank.

The stocks that are likely to witness significant movement on the bourses on Friday, December 22 are Infosys Limited, Indian Hume Pipe Company Limited, Steel Strips Wheels Limited, SRS Limited and Canara Bank.

Infosys Limited: The company informed the bourses on Thursday that the company’s wholly owned subsidiary, Skava has joined HPE-driven Cloud28+ to offer new hybrid cloud retail solutions. The stock will be in focus on Friday.

Indian Hume Pipe Company Limited: The company informed the bourses on Thursday that it has secured three work orders aggregating to Rs.257.26 crore from Bengaluru Water Supply and Sewerage Board under Atal Mission for Rejuvenation and Urban Tranformation (AMRUT). The stock will be in focus on Friday.

Steel Strips Wheels Limited: The company informed the bourses that it has secured export orders for 32,000 Wheels for Truck & Trailer. The stock will be watched on Friday.

SRS Limited: The company informed the bourses on Thursday that it has signed an MOU with 'Spencer's Retail Limited' to sell the SRS Value Bazar business at an enterprise value of Rs.320 million. The stock will be in focus on Friday.

Canara Bank: The bank informed the bourses on Thursday that it will be augmenting capital –Stake Sale in Canfin Homes Limited. The stock will be in focus on Friday.  

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