Overnight Digest: Stocks to watch out for on November 14

Dnyanada Kulkarni
/ Categories: Trending, Markets

The stocks most likely to witness significant movement on the bourses on November 14 include Reliance Infrastructure, Eicher Motors, Ashok Leyland, Kamdhenu Limited and Mayur Uniquoters.

 

Reliance Infrastructure: The stock gained 4 per cent after the company won an arbitration award worth Rs. 16.14 crore against NHAI. The stock is likely to be in action on Wednesday.

 

Eicher Motors: Shares of the company rose 6 per cent after the strike organized by the workforce of Royal Enfield was called-off at Oragadam facility. The stock will be monitored during Wednesday's trading session.

 

Ashok Leyland: The company reported its financials for the quarter ended September, 2018, showcasing a 24.17 per cent increase in profit to Rs. 459.57 crore in Q2FY19 from Rs. 370.10 crore in Q1FY19. The stock will be watched on Wednesday.

 

Kamdhenu: The company produced a strong performance in H1FY19, registering revenue growth of 47 per cent to Rs. 732 crore and reporting a growth of 89 per cent in profit after tax at Rs. 11 crore. The stock is likely to be in the limelight in Wednesday’s trading session.

 

Mayur Uniquoters: The company declared a second interim dividend of Rs. 0.50 per equity share (10 per cent) for the FY 2017-2018. The record date for the same is November, 23. The stock will be monitored on Wednesday.


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