Overnight Digest: Stocks to look out for on March 20
The stocks that are likely to witness significant movement on the bourses on March 20 are Cox and Kings, Voltamp Transformers, Muthoot Capital Services, L&T, Mindtree and Eicher Motors.
Cox & Kings: Meininger Hotels, owned by Cox & Kings has opened its first hotel in Hungary named Meininger Budapest Great Market Hall. This could fare well for the stock.
Voltamp Transformers: The company has informed the development of a new product, Ring main unit (RMU) which is a self-contained unit with protection and controls for reliable distribution of 11 kv supply. The shares will be watched.
Muthoot Capital Services: Muthoot Capital Services has completed securitization transaction of Rs. 236.36 crore. The shares could be watched.
Larsen & Toubro and Mindtree: L&T has entered into a definitive agreement to acquire the shares of Mindtree Ltd. Both the companies will be in focus.
Eicher Motors: The stock on Tuesday was trading with high volumes of 68,906 shares, 13.02 times higher compared to its 5 day average. The shares could be in focus.