SAIL will turn ex-dividend on Wednesday. The state-run company had announced a final dividend of Re 0.50 per share. Wednesday would also be the record date for the purpose of determining eligible SAIL shareholders.
HCP Plastene Bulkpack (up 65 times), Tata Teleservices (Maharashtra) (up 57 times), Brightcom Group (up 56 times), Hazoor Multi Projects (up 55 times return), Imagicaaworld Entertainment (up 55 times), Cosmo Ferrites (up 54 times) and Adani Green Energy (up 54 times) were other stocks which turned out to be multibaggers.
Read more about Stocks to Watch: Delta Corp, L&T, HCC, Anupam Rasayan, Voda Idea, IT shares on Business Standard. Delta Corp will be in focus ahead of its Q3 earnings, the stock is also in F&O ban. HCC may come under pressure owing to debt default.
The next upside levels on the Nifty to be watched around 18,200-18,350, which could be achieved in one week, however, immediate support is placed at 17,870 levels, says Nagaraj Shetti of HDFC Securities.