Overnight Digest: Stocks to watch out for on November 2

The stocks that are most likely to witness movement on the bourses on November 2 are Tata Motors, NCC, TVS Motors, Bajaj Electricals and Atul Auto.

Tata Motors: The company reported an 18 per cent increase in sales at 57,710 units in October 2018. The stock is likely to witness action in Friday’s trading session.

NCC: The stock surged 5 per cent intraday on Thursday after the company bagged four new orders totalling Rs. 1,345.78 crore in October, 2018 – two pertaining to Buildings Division, one pertaining to Mining Divisions and the last pertaining to Water & Environment Division. The stock is well placed to be in the limelight in Friday’s trading session.

TVS Motors: The October sales climbed 25 per cent with the two-wheeler segment rising 25 per cent, exports rising 27 per cent and three-wheeler sales rising 56 per cent in comparison to the same quarter of the previous fiscal. The stock will be watched on Friday.

Bajaj Electricals: The company reported a 70.85 per cent increase in net sales at Rs. 1,598.44 crore on a Q-o-Q basis. Similarly, net profit surged 79.56 per cent at Rs. 34.08 crore in Q2FY19. The stock will be monitored in the next trading session.

Atul Auto: The stock soared over 7 per cent as the volumes grew 57 per cent Y-o-Y in October. The stock will be monitored on Friday.