Overnight Digest : Stocks to look out for on July 13

The stocks that are likely to witness significant movement on the bourses on Friday are Karnataka Bank, Essar Ports, Vikrangee, Ashok Leyland and Goodluck India.

Karnataka Bank :The bank has informed the bourses regarding achieving the highest ever quarterly net profit of Rs 163.24 crores during Q1FY19 as against Rs. 133.85 crore during Q1 of 2017-18 posting a 21.96 per cent growth rate. This is likely to keep the stock in focus on Friday.

Essar Ports : According to media report, the company is planning to invest $70 million for expansion at its Hazira facility by September 2020. This will keep the stock on focus on Friday.

Vikrangee Limited : The company has announced that they have entered an alliance with Reliance Nippon Life Asset Management Limited which would offer the distribution of mutual fund.This alliance will bring the stock of Vakrangee in focus on Friday.

Ashok Leyland : Ashok Leyland in association with Hindustan Petroleum Corporation Ltd, today launched eN-Dhan fuel card that will offer customized solutions to commercial vehicle owners. The stock will be watched on Friday.

Goodluck India Ltd : The company had earlier announced about setting up of Greenfield project at Kutch, Gujarat that has now been commissioned and started its commercial production from July 11.This will keep the stock in focus on Friday.