Overnight Digest: Stocks to watch on November 22
Stocks most likely to witness significant movement on the bourses on November 22 are DHFL, ITI, Adani Gas, Redington and Maruti Suzuki.
DHFL: The company’s net profit rose 52.46 per cent to Rs. 438.74 crore in Q2FY19 as against Rs. 287.78 crore in Q2FY18. The stock is likely to be in action in Thursday’s trading session.
ITI: The company filed DRHP as part of its FPO for offering Rs. 18 crore shares to the public. The stock will be watched on Thursday.
Adani Gas: The company won 13 city gas distribution projects and has secured permission from the Petroleum and Natural Gas Regulatory Board, Government of India to expand its city gas footprint in 13 new geographical areas. The stock will be watched on Thursday.
Redington: Redington Gulf FZE, a step-down subsidiary of the company notified the exchange that it has acquired 24.8 per cent stake in Citrus Consulting Services FZ LLC. This enhances its shareholding in Citrus to 84.8 per cent from 60 per cent. The stock will be watched on Thursday.
Maruti Suzuki: The company officially launched second-generation Ertiga, the bookings for which were opened earlier this month. The stock is likely to be in action in Thursday’s trading session.