Friday, July 17, 2015

STOCKS TO WATCH

Wockhardt may be under pressure on the  news that it is recalling 1,62,142 cartons of various drugs, which are used to treat ailments such as high blood pressure and ulcer, in the US market.

Tata Motors may see investor interest on plans to raise Rs 4,400 crore from Non-Convertible Debentures (NCDs) during the current fiscal to meet its expansion plan.

Asian Paints may be in the limelight on reports that it is considering the establishment of a facility in Karnataka.

Great Eastern Shipping is planning to raise upto Rs 500 crore through non-convertible debentures (NCDs) on a private placement basis, according to news reports. Keep an eye on this counter.

According to reports, GAIL India plans to spend nearly $1.5 billion (about Rs 9,500 crore) to acquire a shale gas asset in the United States to meet future gas demand in India and other markets.

Among the results declared on Thursday, Mindtree posted a marginal growth in net profit and said on Thursday that it bought UK-based Bluefin Solutions and Ohio, US-based Relational Solutions Inc for a combined value of nearly $75 million as part of the Bangalore-based firm's effort to shore up its digital business.

DB Corp reported a 16.01% decline in its consolidated net profit at Rs 66.45 crore for the first quarter of 2015-16.

No comments:

Post a Comment