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Thursday 18 July 2019

CAPITALSTARS – भारत में खरीदारी के लिए बेहतर हैं ये स्‍टॉक UPDATE : 19 JULY 2019

CAPITALSTARS INVESTMENT ADVISER


Morning news and update

The stocks to watch out on July 19 include Allahabad Bank, IMP Powers, IDFC First, Colgate-Palmolive, Royal Orchid Hotels and Sterlite Technologies.

Allahabad Bank: The bank reported a fraud by SEL Manufacturing Ltd. (SELM) amounting to Rs. 688.27 crore.

IMP Power: The company has successfully commissioned small Hydro Power Project (2 x 500 KW) at Chillong in Kargil to provide uninterrupted power facilities to around 3,000 households of Tai Suru Block located in Kargil, Jammu & Kashmir.

IDFC First Bank: Rating agency India Ratings & Research (lnd-Ra) has revised the Outlook for Senior Debt Instruments of the bank to negative and has affirmed its credit rating to 'IND AA+'.

Colgate-Palmolive (India) Limited: For Q1FY20, the company reported domestic net sales growth of 6 per cent YoY and net profit increased of 5 per cent YoY.

Royal Orchid Hotels Limited: The company has signed three new properties in North Goa, Noida (Uttar Pradesh) and Belagavi (Karnataka). The properties are expected to open within the next 2 months.

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