Overnight Digest: Stocks to look out for on February 5
The stocks that are likely to witness significant movement on the bourses on February 5, 2018 are United Spirits, PC Jeweller, BSE Ltd, GMR Infrastructure, Aarti Industries, V2 Retail and Aegis Logistics.
United Spirits: The Kerala government has increased the tax on India-made foreign liquor (IMFL) costing Rs. 400 and above by up to 210 per cent. Som Distilleries, Radico Khaitan, United Spirits, Empee Distilleries, G.M.Breweries and other liquor stocks will be closely watched on Monday.
PC Jeweller: The company on Friday plummeted about 60 per cent before closing 25 per cent down on BSE. The stock will continue to amuse the investors on Monday.
BSE Limited: The company reported strong Q3FY18 numbers on Friday. The stock will be watched on Monday.
GMR Infra: The company, after the market hours on Friday, informed the bourses that GMR Airports Limited, a subsidiary company has entered into an agreement to acquire 11 per cent equity stake in GMR Hyderabad International Airport Ltd collectively from Malaysian Airports Holding Berhard and its subsidiary MAHB (Mauritius) Private Limited. The stock will be watched on Monday.
Aarti Industries/ V2 Retail/ Aegis Logistics: The quarterly financial results of these companies will be out over the weekend. These stocks will be watched on February 5.