Overnight Digest: Stocks to look out for on September 10
The stocks that are likely to witness significant movement on the bourses on September 10 are Tata Motors, Ashok Buildcon, Maruti Suzuki, Tech Mahindra and Ashok Leyland.
Tata Motors : Subsidiary, Jaguar Land Rover (JLR) has reported total retail sales of 36,629 vehicles in August 2018, down 4.9% year-on-year (Y-o-Y). Retail sales were up in the UK (64.9%), Overseas markets (20.2%) and North America (2.5%), with Europe slightly below last year (3.1%). The stock shall be watched on Monday.
Ashoka Buildcon : The company has received extension in concession period from Public Works Department of the State of Maharashtra (PWD). The company has been allowed to collect toll for the period from September 08, 2018 to December 18, 2018 for the Project from Ghodegaon to Wadala under Build Operate-Transfer (BOT) basis on State Highway 60. The stock will be watched on Monday.
Maruti Suzuki : The company has commenced a nation-wide fleet testing of Electric Vehicles. The company is working towards its commitment to bring Electric Vehicle in India by 2020. The share will be in focus on Monday.
Tech Mahindra : The company announced partnership with Avaamo to develop and deliver conversational artificial intelligence (AI) platform for global enterprises. This partnership will include developing and delivering conversational AI solutions for global enterprises. Share will be watched in Monday’s trading session.
Ashok Leyland : The company inaugurated a new electric vehicle facility at its Ennore plant in Chennai to commemorate the company's 70th anniversary. Shares of the company will be in limelight on Monday.