Overnight Digest: Stocks to watch on December 11
The stocks most likely to witness significant movement on the bourses on December 11 are Lupin, Tata Motors, Kotak Mahindra Bank, Zensar Technologies and Titagarh Wagons.
Lupin: The company received tentative approval from the USFDA for Apixaban Tablets, 2.5 mg and 5 mg. The stock will be monitored on Tuesday.
Tata Motors: The global wholesales in November 2018 of the Tata Motors Group, including Jaguar Land Rover, stood at 1,04,964 units, down 7 per cent on a YoY basis. The stock will be watched on Tuesday.
Kotak Mahindra Bank: The bank appealed to the Bombay High Court against the RBI on matters pertaining to promoter shareholding, causing the shares to close 6.56 per cent lower at the end of the trading session. The stock is likely to witness some movement during Tuesday’s trading session.
Zensar Technologies: The company was selected as IT Infrastructure partner by European Bank for Reconstruction and Development. The stock is likely to be in action during Tuesday’s trading session.
Titagarh Wagons: The company was awarded a contract worth Rs. 1,560.87 crore for the manufacture and supply of 5058 wagons to Indian Railways. The stock is likely to experience some momentum during Tuesday’s trading session.