Overnight Digest: Stocks to look out for on March 14

The stocks that are likely to witness significant movement on the bourses on March 14 are Unichem Laboratories, GE T&D India Limited, Wipro, Sterlite Technologies and NHPC.

Unichem Laboratories: The company informed the exchange regarding an ANDA approval from USFDA for Unichem’s allopurinol tablets, USP 100 mg and 300 mg. This will keep the stock in focus.

GE T&D India Limited: The company plans to modernize Rajasthan’s Transmission Grid with advanced Grid Management Project. The shares would witness some significant movement on the bourses.

Wipro: Azim Premji earmarked 34 per cent of Wipro’s shares owned by several entities controlled by him towards his foundation for philanthropy purposes. This is likely to keep the stock in focus.

Sterlite Technologies: The company launches FTTx MANTRATM a fully-integrated, ready-to-implement FTTx solution. This could put the stock in focus.

NHPC: The company is set to raise funds through External Commercial Borrowings(ECB) worth $100m from MUFG Bank in JPY to fund part of its capital expenditure on ongoing projects. The stock will be watched.