Overnight Digest: Stocks to watch on December 19

The stocks most likely to witness significant movement on the bourses on December 19 are J. Kumar Infraprojects, TCS, DHFL, MIRC Electronics and Skipper.

J. Kumar Infraprojects: The company received a Letter of Acceptance from the National Highways Authority in which the company is recognized as the lead partner for construction of Dwarka Expressway amounting to Rs. 1,349.00 crore. The stock is likely to be in focus during Wednesday’s trading session.

TCS: The company announced a collaboration with Red Hat to build next-gen microservices-based solutions and frameworks pertaining to the areas of customer experience, cybersecurity and DevOps on Red Hat OpenShift Container Platform. The stock will be watched on Wednesday.

DHFL: The company signed a binding term with Pramerica Financial for Pramerica to acquire DHFL’s stake in their 50:50 JV asset management company called DHFL Pramerica Asset Managers Pvt Ltd. The transaction will be implemented upon signing of necessary documents and receipt of required approvals. The stock is likely to witness movement in Wednesday’s trading session.

MIRC Electronics: The stock surged as much as 20 per cent in Tuesday’s trading session after the company met with its investors, including Rakesh Jhunjhunwala’s Rare Enterprises. The stock will be monitored on Wednesday.

Skipper: The company received orders of over Rs. 150 crore for 2,500 number of Telecom Towers from different telecom operators. The stock is likely to be in the limelight in Wednesday’s trading session.