Stock Alert: Kotak Mahindra Bank, Royal Orchid, Puravankara, Zaggle Prepaid Ocean Services, Rail Vikas Nigam

Upcoming Results: JSW Cement, All Time Plastics, Orissa Minerals Development Company, Seven Hill Industries, and White Organic Retail are scheduled to announce their quarterly earnings later today. Stocks to Watch: Kotak Mahindra Bank announced that the Reserve Bank of India (RBI) has approved the appointment of Paritosh Kashyap as an executive director of the Bank. Royal Orchid Hotels announced the expansion of its presence in North India with the launch of a new property in Ambala, Haryana. Puravankara announced that its wholly owned subsidiary, Purva Blue Agate, has received a letter of award for the redevelopment of Samrat Ashok Co-operative Housing Society in Mumbai with estimated gross development value (GDV) of Rs 2,700 crore. Zaggle Prepaid Ocean Services announced a partnership with Suryoday Small Finance Bank to offer its Zaggle Save platform for managing the bank’s employee expenses and benefit programs. Rail Vikas Nigam (RVNL) announced that Sukhmal Chand Jain has officially assumed charge as the chairman and managing director (CMD) of the company. Anupam Rasayan India announced re-appointment of Anand Sureshbhai Desai as managing director & Mona Anandbhai Desai as whole-time director for a term of five years.