Overnight Digest: Stocks to look out on July 23

Overnight Digest: Stocks to look out on July 23

The stocks to watch out on July 23 include Allied Digital, KDDL, Lauras Labs, Can Fin Homes and ICICI Securities.

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The stocks to watch out on July 23 include Allied Digital, KDDL, Laurus Labs, Can Fin Homes and ICICI Securities.

Allied Digital Services Limited: The company has bagged the Smart City project for Bidkin which is near Aurangabad and comes under the Delhi-Mumbai Industrial corridor.

KDDL Limited: Ethos Limited which is the company’s subsidiary has launched it’s first multi-brand store in the eastern region of the country in Guwahati in Assam.

Laurus Labs: The company’s distribution partner Rising Pharmaceuticals launches Pregabalin Capsules in the US markets.

Can Fin Homes Limited: For the quarter ended June 2019, the company reported a net profit of Rs. 8,098.18 lakhs which is an increase by 10.44 per cent YoY and a total of income of Rs. 48,414.10 lakhs, an increase of  20.24 per cent YoY.

ICICI Securities: In Q1FY20, the company’s total revenue from operations stood at Rs. 3,865.2 million a decrease by 10.88 per cent YoY and profit gained was Rs. 1,137.7 million which is a decrease by 15 per cent YoY.