Stocks to watch out for on Monday
Here are the stocks to watch out for on Monday:
GSPL: The company’s board has approved equity investment of 11% in Swan LNG Pvt. Ltd.
Mahindra and Mahindra: Mahindra overseas investment company to sell 51% stake in Mahindra Yueda Yancheng.
SpiceJet: SpiceJet will use the ‘sale and leaseback’ route to induct about a sixth of the 275 aircraft it has ordered, sticking to its goal of staying asset-light until the fleet expansion scheduled over the next three years is complete.
Dollar Industries: Its board approved issue of 25 lakh shares on preferential basis to promoter group. Board approved listing of shares on BSE.
Cadila Healthcare: Zydus has received tentative approval from U.S. FDA for mesalamine suppositories
Indocount Industries: It is going to set up a subsidiary in UAE for an investment of 50,000 Dirham.
Divi’s Labs: Divi’s Laboratories has received environment clearance for modernisation of its bulk drug unit in Visakhapatnam which will entail a cost of Rs 100 crore.
Tata Steel: Tata Steel has received regulatory approval for UK pension deal.
Satin Creditcare: The company’s board has approved allotment of 12.30 lakh optionally convertible preferntial shares to Capital First at Rs 284.53 each.
Vinati Organics: The company’s board has approved buyback of up to 2 lakh shares or 0.39% stake at a price of Rs 1,200 each.