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6:22-23 - "The lamp of the body is the eye. If your eye is sound, your whole body will be full of light. But if your eye is evil, your whole body will be full of darkness. If all the light you have is darkness, it is dark indeed!"

18 Nov 2016


The stocks which could witness significant movement on November 18 are Canara Bank, Punj Llyod, Bafna Pharmaceuticals, Aarti Industries & NHPC/3M India/JB Chemicals/ Ricoh India. 
Canara Bank :-  Canara Bank has informed BSE that the Bank has revised deposit interest rates in different maturities in retail and bulk deposits in the range of 5bps to 25 bps and these are effective from November 21, 2016.
Punj Llyod :-  Punj Lloyd Ltd., has informed BSE that Punj Lloyd Infrastructure Limited (“PLIL”), a wholly owned subsidiary of the Company has executed definitive agreements with India Power Green Utility Private Limited (“IPGUPL”) to co-develop 30 MW of solar assets in Uttarakhand, in respect of three Solar Power Projects, each of 10 MW capacity won by PLIL under the tarrif based competitive bidding process in October 2015 to be executed by its wholly owned subsidiaries.

Bafna Pharmaceuticals : - The company has declared its Q2 results on Thursday.
Aarti Industries :-Inga Capital Pvt. Ltd., (Manager to the Buy back Offer") has submitted to BSE a copy of Letter of Offer in respect of the offer of Aarti Industries Ltd., (“Target Company”) to buyback 12,00,000 (Twelve Lac) fully paid up Equity Shares of the Company of face value of 5/- (Rupees Five only) each at a price of Rs. 800/- (Rupees Eight Hundred Only) per Equity Share on a proportionate basis through Tender Offer (“Buyback”).
NHPC, 3 M India, JB chemicals, Ricoh India :- These companies will be declaring their Q2 results on Friday and the stocks are expected to trade volatile in Friday’s session.

Q2 results on November 18
Pharmaceutical company, J B Chemical along with state owned power company, NHPC will come up with their respective earnings on Friday. In other results 3M India and Rashtriya Chemicals will also be reporting their Q2 on Friday, November 18.
3M India Ltd– The Company is a technology company. The Company's segments include Industrial segment, which offers tapes, adhesives, advanced ceramics, sealants, specialty materials etc.
J B Chemicals and Pharmaceuticals Ltd– The Company is a pharmaceutical company. The Company manufactures and markets a range of pharmaceutical formulations, herbal remedies and active pharmaceutical ingredients (APIs).
NHPC Limited- The Company is engaged in electricity generation. The Company is engaged in electric power generation by hydroelectric power plants. 
Precision Camshafts- The company is a leader in camshaft technology.
Rashtriya Chemicals & Fertilizers Ltd- The company is a fertiliser and chemical manufacturing company. The Company manufactures Urea, Complex Fertilisers, Bio-fertilisers, Micro-nutrients, water soluble fertilisers, soil conditioners and a range of Industrial Chemicals.
Shares of all the results affected stocks are likely to remain in focus when market opens for trading on Friday, November 18, 2016.

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