Overnight Digest: Stocks to look out on September 9
The stocks to watch out on September 9 include IHFL, Ashok Leyland, ICICI Lombard, Oriental Bank of Commerce and Lupin.
Indiabulls Housing Finance Limited: The stock of the company slipped by 4.95 per cent reacting to media reports of PIL filed against the company and its promoters.
Ashok Leyland: According to news reports, the company will halt production at its plant in Chennai for five days from today due to sluggish auto sector.
ICICI Lombard General Insurance Company Ltd.: The company entered into a corporate agency agreement with Karur Vysya Bank for selling non-life insurance products.
Oriental Bank of Commerce (OBC): India Ratings (Ind-Ra) placed the Long-Term Issuer Rating of OBC on ‘Rating Watch Evolving (RWE)’ after the announcement by Finance Minister on the merger of banks.
Lupin: The company announced USFDA approval for Fosaprepitant for injection to be used for treating vomiting and acute nausea caused by HEC and MEC.