Overnight Digest: Stocks to look out for on August 23

The stocks that are likely to witness significant movement on the bourses on August 23 are Adani Green Energy, Granules India, Axis Bank, Uflex and HDFC

Adani Green Energy : The company has acquired 100 per cent stake of Adani Green Energy Pte Ltd (AGEPteL) from its Group firm Adani Global Pte Ltd.. This will likely put the stock in focus on Thursday.

Granules India : The US Food & Drug Administration (US FDA) has approved the Abbreviated New Drug Application (ANDA) filed by Granules India Limited for Ranitidine Tablets USP, 150 mg and 150 mg Cool Mint (OTC). The stock will be in limelight on Thursday.

Axis Bank : The stock has recorded a new high at Rs. 638 per share beating previous high of Rs 636.20 per share. This could put the stock in focus on Thursday.

UFLEX : The company has announced that Fresca Juices with holographic pack will be available for the first time in India with the launch of new holographic packs. The development will put the stock in focus in Thursday's trading session.

Housing Development Finance Corporation: HDFC has entered into an agreement for acquiring 30,52,469 equity shares of Re 1 each of Good Host representing 25.01 per cent of its share capital from Manipal Integrated Services for cash consideration of Rs 69.50 crore. The stock will be watched on Thursday.