Overnight Digest- Stocks to look out for on May 23
The stocks which are expected to witness significant movement on May 23 are Supreme Infrastructure India Limited, Centuryply/Indowind, Mahindra & Mahindra, Ajmera Realty & Infra India Limited and Karnataka Bank Limited.
Supreme Infrastructure India Limited has informed the Exchange that the investors and the exchanges, that the Company has added orders worth Rs. 244.06 crores.
Centuryply/Indowind :- These companies will be announcing their Q4 results tomorrow.
Mahindra & Mahindra: - Moody's Investors Service, ("Moody's") has withdrawn Mahindra & Mahindra Ltd's Baa3 issuer rating, following the request from the company.
Ajmera Realty & Infra India Limited : - The company has informed the Exchange that the Board of Directors of the Company at its meeting held on May 22, 2017, has recommended Dividend @ 30% i.e. Re 3/- per Equity Share for the year ended on March 31, 2017.
Karnataka Bank Limited: - The bank inks MOU with Life Insurance Corporation of India (LIC) for life insurance business as mentioned in its press release.