Overnight Digest: Stocks to look out for on January 12

The stocks that are likely to witness significant movement on the bourses on January 12, 2018 are HT Media Limited, Infosys Limited, Varun Beverages Limited, Sintex Plastics Technology Limited, Gallantt Ispat Limited and Dredging Corporation of India Limited.    

HT Media Limited/Infosys Limited: The companies will be announcing their financial results for the third quarter of fiscal year 2018 on Friday. The stocks are likely to be in focus on January 12, 2018.

Varun Beverages Limited: The company announced on Thursday that it has completed the acquisition of PepsiCo India’s previously franchised rights for the state of Chhatisgarh. The stock is likely to be in focus on January 12, 2018.

Sintex Plastics Technology Limited: The company announced the financial results for the third quarter of FY18 on Thursday. It posted a strong hike in its revenue for the corresponding period. The stock is likely to be in limelight on January 12, 2018.

Gallantt Ispat Limited: The company informed the bourses that the ministry of corporate affairs has granted approval for the amalgamation of Gallantt Ispat with 7 other companies including Shikharji Rolling Mills. The stock is likely to be watched on January 12, 2018.

Dredging Corporation of India Limited: The company announced on Thursday that it has bagged a contract worth Rs. 88.51 crore for dredging of channels and basins at Cochin Port through competitive bidding. The stock is likely to be in limelight on January 12, 2018.