Overnight Digest: Stocks to look out for on April 1

The stocks that are likely to witness significant movement on the bourses on April 1 are Kalapataru Power Transmission, Indico Remedies, Cadila Healthcare, GAIL & BHEL and L&T

Kalpataru Power Transmission: The company’s Transmission & Distribution business has secured new orders of Rs. 588 crore in the international markets. The shares will be watched.

Indoco Remedies has received clearance from US Food and Drug Administration (USFDA) for its sterile manufacturing facility for Finished Dosages, located in Goa. Shares could be in focus.

Cadila Healthcare: The pharma company has received final approval from the USFDA for Ambrisentan Tablets. The shares would be in limelight.

GAIL and BHEL: Both the PSUs have signed an MoU for the development of Solar based power project. Both the stocks will be watched.

L&T: Announces a new strategic initiative under the name L&T-Nxt which will focus on areas of AI, Virtual reality and IoT.