Overnight Digest: Stocks to watch on November 19

The stocks that are most likely to witness significant movement on the bourses on November 19 include Arman Financial Services, Welspun Corp, GAIL, SREI Infrastructure Finance and Capri Global Capital.

Arman Financial Services:  On YoY basis, the company’s net revenues increased 85.61 per cent to Rs. 32.89 crore, while PAT surged 576.25 per cent to Rs. 5.41 crore. The stock is likely to be in action on Monday.

Welspun Corp: The stock rose 2 per cent upon receiving an order to supply pipes for oil and gas project. The stock is likely to be in the limelight in Monday’s trading session.

GAIL: The company is looking to purchase 775 MW of wind energy assets from IL&FS Energy Develoment Co. and has sought advice from investment bankers regarding a potential deal. The stock closed at Rs. 342 per share, down 1.74 per cent. It will be monitored on Monday.

SREI Infrastructure Finance: The profit after tax surged 28.98 per cent YoY to Rs. 11,090 lakh in Q2FY19. The stock was up 0.72 per cent at the close of the trading session on Friday. The stock will be watched on Monday.

Capri Global Capital: The shares rose 7 per cent intraday on Friday after the company posted consolidated net profit increase at Rs. 51.58 crore, up 88.21 per cent. The stock will be monitored on Monday.