Overnight Digest: Stocks to look out for on February 20

The stocks that are likely to witness significant movement on the bourses on February 20, 2018 are Mahindra & Mahindra Limited, Advanced Enzyme Technologies Limited, Bharti Airtel Limited, B. L. Kashyap and Sons Limited and Ambuja Cements Limited/ Mahindra CIE Automotive Limited.      

Mahindra & Mahindra Limited: The company informed the bourses on Monday that it will be making an additional investment of over Rs.500 crore for Electric Vehicles and Electric Vehicle Components in Chakan as part of expansion efforts. The stock will be in limelight on February 20, 2018.

Advanced Enzyme Technologies Limited: The company informed the bourses that its board of Directors has inter alia, approved the additional investment not exceeding MYR 300,000 (Malaysian Ringgit Three Hundred Thousand) in shares of Advanced Enzymes (Malaysia) Sdn. Bhd., Subsidiary (80%) ["AEM"] . On completion of the said acquisition, AEM would become wholly owned subsidiary (100%) of the company. The stock will be watched on February 20, 2018.  

Bharti Airtel Limited: The company informed the bourses that Airtel and HMD Global has partnered to offer affordable 4G smartphones. The stock will be in focus on February 20, 2018.  

B. L. Kashyap and Sons Limited: The company informed the bourses on Monday that it has been awarded new projects worth of Rs. 605 crore. The stock will be watched on February 20, 2018.  

Ambuja Cements Limited/ Mahindra CIE Automotive Limited: Both the companies will be announcing their third quarter results for the fiscal year 2018 on Tuesday. The stocks will be in focus on February 20, 2018.