Five stocks to watch out for on Wednesday consensus: FM
Here is a look at the top five stocks to watch out for on Wednesday:
Deccan Chronicles Holdings Limited: The Enforcement Directorate (ED) in connection with a money laundering case related to a bank fraud, has attached assets worth Rs 263 crore, which includes bank accounts and land of the Hyderabad based Deccan Chronicle.
HMT: As part of an exercise to tackle mounting losses incurred by these entities, NITI Aayog is preparing a fresh cabinet note recommending closure of 7 more sick CPSEs. These include HMT Watches, Tyre Corporation, Bird Jute Export Limited (BJEL), Central Inland Water Transport Corporation and Hindustan Cable.
Idea Cellular:(Hni-mcx) The telecom major in Jammu Kashmir has launched its 4G services on Tuesday, and they are planning to expand it to 20 towns in the Jammu & Kashmir circle by June.
ITC: The FMCG conglomerate has approved the proposed acquisition of two brands of Jhonson & Jhonson, namely ‘Shower to Shower’ and ‘Savlon’.
PVR: The multiplex operator in the coming four to five years is looking at around 90% jump in revenue to around Rs 4000 crore by expansion across the country.