Overnight Digest: Stocks to look out for on January 22
The stocks that are likely to record significant movement on the bourses on January 22, 2018 are Gitanjali Gems Limited, Reliance Industries Limited, Bharti Airtel Limited, Gruh Finance Limited and IFCI Limited.
Gitanjali Gems Limited: The company informed the bourses that it has incorporated a wholly owned subsidiary company namely “Cuttack Lifestyle Industrial Park Private Limited” through its wholly owned subsidiary Gitanjali Infratech Limited. The stock is likely to remain in focus on Monday.
Reliance Industries Limited: The company announced its Q3 FY18 results on Friday. The company posted a hike in net profit by over 25 per cent for the period. The stock is likely to remain in focus on Monday.
Bharti Airtel Limited: The company imformed the bbourses that the company’s board has approved the acquisition of 5 per cent equity shares of Bharti Teleports Limited, a subsidiary company. The stock is expected to be in focus on Monday.
Gruh Finance Limited: The company will be announcing its Q3 FY18 results on January 20, 2018. The stock is expected to remain in focus on Monday.
IFCI Limited: The company informed the bourses that the government is considering a capital infusion of Rs. 100 crore in the company. The stock is likely to remain in focus on Monday.