Overnight Digest- Stocks to look out for on March 27

The stocks which are expected to witness significant movement on March 27 are, HPCL/BPCL/ONGC/IOC, Nelco, DFM Foods, Dilip Buildcon and Bajaj Holdings & Investment.

HPCL/BPCL/ONGC/IOC:  Oil minister after market hours on Friday has asked the oil PSUs to start preparing for their integration. The oil PSUs may trade volatile on Monday’s trading session.

Nelco :  The company has entered into agreement with DTS Corporation, Japan for sale of part of its Investment to the extent of 2,05,212 shares representing 9.95 per cent in equity shares of Nelito Systems, at a consideration of Rs 3.79 crore.

DFM Foods : DFM Foods has commissioned its new extrusion line at the Greater Noida facility on March 23, 2017. With the commissioning of this line, the total capacity of the company has increased from 25308 MT per annum to 35308 MT per annum.

Dilip Buildcon : Dilip Buildcon has emerged as Lowest -1 (L1) Bidder at Rs 837 per Metric Tonne of mined out coal from the block in the reverse auction conducted by Damodar Valley Corporation for MDO tender of Tubed coal block in Jharkhand.

Bajaj Holdings & Investment:  Bajaj Holdings & Investment is delisting GDRs of the company from London Stock Exchange. The stock can remain volatile on Monday’s trading session.