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Matthew 7:7,8 Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you: For every one that asketh receiveth; and he that seeketh findeth; and to him that knocketh it shall be opened.

21 Dec 2016

STOCK MARKET-- Overnight TIPS- Stocks to look out for on December 21

The stocks, which could witness significant movement on December 21 are Deep Industries, MIC Electronics, Bhageria Industries, Oriental Carbon & Chemicals and Bharat Financial Inclusion.
Deep Industries :- The company has announced a private equity investment of USD 20 Million from Tridevi Capital Partners into Prabha Energy Private Limited.
MIC Electronics :-  The Company has informed that it has been granted a patent by the Controller General of Patents, Designs & Trademarks, Intellectual Property of India, for an invention entitled SOLAR RECHARGEABLE LED LANTERN for a period of 20 years commencing from August 25, 2008.

Bhageria Industries :-  The company has informed that it has completed the financial tie up of a loan of Rs. 95 crores from Export Import Bank of India (EXIM Bank Ltd) on the terms and conditions as per their sanction letter dated December 06, 2016, which has been approved by the board of directors at their meeting held at company’s registered office on December 20, 2016, for company’s 30 MW Solar Power project being setup at Ahmednagar in Maharashtra and the loan/facilities documentation is being executed with the lender for this purpose.
Oriental Carbon & Chemicals :-  The company has commissioned / started the commercial production, ahead of schedule, on December 20, 2016, of the First Phase (5500 Mt pa capacity) of its project for expansion of insoluble Sulphur's production capacity at Special Economic Zone (SEZ) at Mundra, Gujarat.
Bharat Financial Inclusion :-  The MFI sector companies are expected to trade volatile on  December 21. The stock has tanked more than 3 per cent in Tuesday's session.

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