Overnight Digest : Stocks to look out for on September 19
The stocks that are likely to witness significant movement on the bourses on September 19 are Indian Hume Pipe Company, ICICI Prudential, Sun Pharma, Som Distilleries and Breweries and Strides Pharma.
India Hume Pipe : Company has announced on receiving Letter of Acceptance for Rs 221 .72 crores from Madhya Pradesh Jal Nigam Maryadit for Engineering, procurement, construction, testing, commissioning, trial run and operation & maintenance of various components of lndwar-l Multi Village Rural Water Supply Scheme. The share will be in highlight on Wednesday.
ICICI Prudential Life Insurance Company: ICICI Prudential and Saraswat Co-operative Bank (Saraswat Bank) have come together to offer life insurance products ranging from protection to wealth creation. The event could land the stocks of ICICI LIC in focus on Wednesday.
Sun Pharma : Sun Pharmaceutical Industries announced that partner spannish company Almirall has received the European Commission (EC) approval for ILUMETRI (tildrakizumab) for the treatment of adults with moderate-to-severe chronic plaque psoriasis who are candidates for systemic therapy.Sun pharma could be in focus in Wednesday’s trading session.
Som Distilleries and Breweries : The company has informed the bourses on launching ‘Blackfort’ Beer in lager variant in Karnataka. The addition could keep the stock in focus on Wednesday.
Strides Pharma : The company informed upon the completion of the USFDA inspection at the formulations facility in Bangalore on August 25, 2018 and the company has been issued a Form 483 with 3 observations. The stock will be watched on Wednesday.