Overnight Digest: Stocks to watch out for on January 10, 2019

The stocks most likely to witness significant movement on the bourses on January 10, 2019 are Bajaj Consumer Care, IndusInd Bank, AGC Networks, Cochin Shipyard and Yes Bank.

Bajaj Consumer Care: The board recommended an interim dividend of 1400 per cent, i.e. Rs. 14 per share to the shareholders who are eligible as per the record date of January 21, 2019. The company reported PAT of Rs. 60.0925 crore for Q3FY19, posting a growth of 8.93 per cent YoY. The stock will be watched on Thursday.

IndusInd Bank: The company published its results for the quarter ended December 31, 2018 in which profit for the period grew 5.21 per cent YoY and stood at Rs. 985.03 crore. The stock will be monitored on Thursday.

AGC Networks: The company’s wholly-owned subsidiary, AGC Networks Pte. Limited, Singapore, completed the acquisition of Black Box Corporation which will help strengthen its presence and offerings in North America, Latin America, Europe and Asia. The stock will be watched on Thursday.

Cochin Shipyard: The company entered an Annual Maintenance Contract with the Kerala Coastal Police to repair and maintain 23 coastal interceptor boats based over 18 coastal police stations. The contract is valid for 5 years. The stock will be monitored on Thursday.

Yes Bank: The bank notified the exchange that it has finalised names of potential candidates for the position of MD & CEO. The board will propose the same to the RBI on January 10, Thursday. The stock is likely to be in focus in the next trading session.