Overnight Digest: Stocks to watch on December 20
The stocks most likely to witness significant movement on the bourses on December 20 are KEC international, Tata Teleservices, Premier Explosives, Dabur India and Tata Steel.
KEC International: The company secured orders worth Rs. 1,491 crore across its business segments of transmission & distribution, cables and railways. The stock is likely to be in focus during Thursday’s trading session.
Tata Teleservices: The shares of Tata Teleservices (Maharashtra) rose 20 per cent after the National Company Law Tribunal (NCLT) sanctioned a merger between the company and Airtel. The stock is likely to witness some action in Thursday’s trading session.
Premier Explosives: The company bagged an order worth Rs. 181 crore from Satish Dhawan Space Centre, SHAR, Sriharikota to be executed between December 2018 and December 2028. The stock will be watched tomorrow.
Dabur India: Dabur International Limited, a wholly owned subsidiary of Dabur India, has decided to contribute USD 8,000,000 as share capital in Dermoviva Skin Essentials Inc, which is a wholly owned step down subsidiary of Dabur India. The stock will be monitored tomorrow.
Tata Steel: Tata Steel awarded a contract to CMI Industry METALS for three state of the art processing lines: 2 Continuous Galvanizing Lines (CGL) & 1 Continuous Annealing Line (CAL). All three high-end lines are to be supplied to the client's site at Kalinganagar in the Jajpur district of Orissa. The stock will be watched tomorrow.