Overnight Digest: Stocks to watch out for on October 19, 2018
The stocks most likely to witness significant movement on the bourses on October 19, 2018 are Cadila Healthcare, Mahindra & Mahindra, Security and Intelligence Services (India), CRISIL Ltd., Ramco Systems and ABB.
Cadila Healthcare Limited: Zydus Cadila received the final approval from the USFDA to market Clobetasol Propionate Cream, 0.05%. The stock will be watched on Friday.
Mahindra & Mahindra Limited: The company entered an agreement with Ford to develop connected vehicle solutions. The stock will be monitored on Friday.
Security and Intelligence Services (India) Limited: The company signed an agreement to acquire 80 per cent shareholding in Rare Hospitality and Services Private Ltd. The stock is in the cards to witness movement in Friday’s trading session.
CRISIL Ltd.: The company published its financial results on the NSE reporting an increase of 16.69 per cent in net profit of Rs. 90.01 crore in Q2FY19 versus Rs. 77.13 crore in Q1FY19. The stock will be monitored on Friday.
Ramco Systems: The company has partnered with Airbus Helicopters SAS to develop an MIS Data Pack Connector. The stock will be watched on Friday.
ABB: The company won orders worth Rs. 115 crore from Indian Railways to supply traction transformers for powerful passenger electric locomotives. The stock is likely to be in the limelight in Friday’s trading session.