There could be some surprises in the offing in the scrip of Kavveri Telecom Products Ltd (Rs.27.50). The company is expected to declare its September, 2013 quarter results by 14th November, 2013. A board meeting could be held at anytime from now, to finalize the date of the declaration of the results.
Future Retail Ltd (Rs.76.40) is continuing to make higher tops and higher bottoms on daily charts, indicating that slowly the scrip is being accumulated by known circles. The promoters have already hiked up their stake, as per latest shareholding pattern. Moreover, Future (erstwhile Pantaloon) Retail Ltd. is in the process of merging its wholly owned subsidiary FVRL with itself and is awaiting regulatory approval, it said. Its stand-alone business primarily includes its home and consumer durables retailing business. During the September quarter, Big Bazaar added a store each in Kolkata, Mumbai, Agartala and Kochi. It also opened eZone stores in Bangalore, Ahmedabad, Mumbai and Mysore. The company also added HomeTown Express stores in Hyderabad and Lucknow.