Overnight Digest: Stocks to watch out on June 3

The stocks likely to have significant movement on June 3 are TVS Electronics, Coal India Limited, TV18 Broadcast, Dilip Buildcon and TATA Steel.

TVS Electronics Limited: The Chief Financial Officer of the company Mr. Karthi Chandramouli resigned to pursue a career outside the company. The company accepted his resignation and he will be relieved with effect from  June 30, 2019.

TV18 Broadcast: In regard to the clarification regarding the FIR filed against management and directors of Viacom18, the company has confirmed of receiving a copy of the FIR complaint filed against them.

Coal India Ltd.: The company reported a net profit of Rs. 10469.67 crore for FY19 as compared to the net profit of Rs. 9293.42 crore for FY18. With such strong financial performance and a dip in the crude oil prices the stock could be in focus.

Dilip Buildcon: Company has executed the EPC Agreement with the National Highways Authority of India for Saoner-Dhapewada-Kalmeshwar-Gondkhairi, NH-547E, Package -II on EPC Mode in the state of Maharashtra.

Tata Steel: The company informed the bourses regarding the approval given by National Company Law Tribunal for the acquisition of Bhushan Energy Limited.