Overnight Digest: Stocks to watch on December 24

The stocks most likely to witness significant movement on the bourses on December 24 are Unichem Laboratories, CMI, Info Edge (India), Sun Pharma and PVR.

Unichem Laboratories: The company received final ANDA approval for its Pramipexole Dihydrochloride Tablets, 0.125 mg, 0.25 mg, 0.5 mg, 0.75 mg, 1 mg and 1.5 mg from the USFDA for the treatment of Parkinson’s disease and moderate-to-severe primary Restless Leg Syndrome (RLS). The stock will be monitored on Monday.

CMI: The company got production clearance for BHEL export order worth Rs. 79 crore for its overseas project to supply LT XLPE and HT XPLE cables to be executed in the next 4 months. The stock is likely to witness movement in Monday’s trading session.

Info Edge (India): The company, through its wholly-owned subsidiary, invested Rs. 28 crore in Nopaperforms Solutions Pvt. Ltd. The stock will be watched on Monday.

Sun Pharma: One of the company’s subsidiaries received approval from the US health regulator to market Elepsia XR, an antiepileptic drug. The stock will be watched on Monday.

PVR: The company's board approved the issue of equity shares of face value Rs. 10 each or securities convertible into equity shares, or non-convertible debt instruments along with warrants, or any combination thereof in one or more tranches, to eligible qualified institutional buyers for an aggregate amount of up to Rs. 750 crore. The stock will be monitored on Monday.