Overnight Digest: Stocks to look out for on February 16

The stocks that are likely to witness significant movement on the bourses on February 16, 2018 are Yes Bank Limited, Wockhardt Limited, IDBI Bank Limited, Skipper Limited and Infosys Limited.  

Yes Bank Limited: The bank announced on Thursday that will be issuing non-convertible securities (BASEL III compliant Tier II Bonds) for raising funds. The stock will be in focus on February 16, 2018.  

Wockhardt Limited: The company announced on Thursday that the credit rating agency CARE has revised the rating for its Long - Term Bank Facilities as CARE A+; Outlook: Stable from earlier it was CARE AA-; Outlook: Negative and Short Term Bank Facilities (Non Fund Based Working Capital limit) as CARE A1 from CARE A1+. The stock will be in limelight on February 16, 2018.

IDBI Bank Limited: The bank announced on Thursday that it has divested its stake in NEGIL. The stock will be in focus on February 16, 2018.

Skipper Limited:  The company announced that it has executed a Limited Liability Partnership Agreement with Metzerplas Cooperative Agricultural Organization Ltd, to jointly carry out business activities in the field of micro-irrigation. The company will hold 50% Partnership Interest in the LLP. The stock will be in focus on February 16, 2018.

Infosys Limited: The company announced on Thursday that UCAS has appointed Infosys as its coretechnology partner up to 2021. The stock will be in focus on February 16, 2018.