What to watch. Hindustan Organic: eyes on board meet

The board of Hindustan Organic Chemicals will meet on Friday to consider appointment of asset valuer to value HFL (as HOCL plans to divest its shareholding in HFL); transfer of its N204/CNA plant to ISRO alongwith about 20 acres land; stoppage of two plants — nitrobenzene and formaldehyde; and approval for disposal of seven plants (of Rasayani unit) and disposal of super structure and other items. Investors would be watching the development.