Overnight Digest: Stocks to look out for on July 4
The stocks that are likely to witness significant movement on the bourses on Wednesday, July 4 are GE Power India Limited, Mahindra and Mahindra Fin services, Aban Offshore limited, Tata Chemicls and Tata Global Beverages.
GE Power India Ltd : The company informed the exchange on being awarded twin boiler equipment orders by BHEL for supercritical thermal power projects. This is likely to keep the stock in focus on Wednesday.
Mahindra and Mahindra Fin services : The company has informed the bourses that the International Finance Corporation will be investing $100 million in the company. The stock will be watched on July 4.
Aban Offshore Limited : Aban Offshore informed the exchange that their step down subsidiary Aban Singapore Pte Ltd has received a letter of award from Oil and Natural Gas Corporation Limited for deployment of jack-up rig deep driller 8 for a firm period of 2 years. The stock will be in focus on Wednesday.
Tata Chemicals And Tata Global Beverages : Tata Group, is evaluating a proposal to integrate its food and beverage businesses into a single company,separating the salt and branded lentils businesses of Tata Chemicals Ltd. and folding them into Tata Global Beverages Ltd. This is likely to keep the stock in limelight on Wednesday.