Overnight Digest: Stocks to look out on April 2
The stocks that are likely to witness significant movement on the bourses on April 2 are Sadbhav Infrastructure, Lupin, Gateway Distriparks, Sambhaav Media and PVR.
Sadbhav Infrastructure Project: The company has acquired 6 per cent (3,000) equity shares of Maharashtra Border Check Post Network (MBCPNL) held by SREI Equipment Finance (SREI). The shares will be in focus.
Lupin: The pharma company has launched Tadalafil Tablets USP, 2.5 mg, 5 mg, 10 mg, and 20 mg, having received approval from the USFDA earlier. Shares will be watched on Tuesday.
Gateway Distriparks: The company has completed the acquisition of the entire stake held by the private equity, Blackstone, in its subsidiary, Gateway Rail Freight (GatewayRail) for a total consideration of Rs. 850 crore. The shares of the company will be in focus.
Sambhaav Media: The company has commenced operations of yet another FM Radio Station at Bhavnagar (93.1 MHz). The shares of the company could be in focus.
PVR: The company has opened a 4 screen multiplex at Khanna in Punjab and 5screen multiplex at Guwahati in Assam. Shares will be watched.