Top six stocks to watch out for on Friday
CDSL: The company is making a stock market debut on Friday. Its IPO was oversubscribed 170x with a highest ever subscription in 2017.
Ashok Leyland: Ashok Leyland is looking at expansion of its commercial vehicle business with plans to introduce a slew of new products.
Kesoram Industries: The company is looking at increasing its industrial footprint in the eastern region of the country.
Aditya Birla Nuvo: Indian private equity firm Premji Invest has invested about Rs 700 crore, picking up a 2.2 per cent stake in Aditya Birla Capital, a wholly-owned subsidiary of Aditya Birla Nuvo.
Real estate stocks: The government has hiked the GST rate for the construction sector to 18 per cent from 12 per cent, but removed land value from the computation of tax liability.
UltraTech Cement: UltraTech Cement has completed the Rs 16,189 crore acquisition of Jaiprakash Associates’ six integrated cement plants and five grinding units, having a capacity of 21.2 million tonnes.