Overnight Digest: Stocks to look out on April 11

The stocks that are likely to witness significant movement on the bourses on April 11 are RSWM, Camson Bio Technologies, Sastasundar Ventures, Marico and NHPC

RSWM: The company has decided to sell around 1.69 crore equity shares of Rs. 10 each of Bhilwara Energy an associate company at a cash consideration of Rs. 84.85 crore to HEG on the basis of valuation of fair price per share on arm's length basis. The company's holding in Bhilwara Energy, after the proposed sale, shall be 1.25 crore equity shares comprising of 7.56 per cent.

Camson Bio Technologies: The company has received approval for incorporating a wholly-owned subsidiary (WOS) for the smooth functioning of the business.

Sastasundar Ventures: The company has transferred the entire stake held in Genu Path Labs to Sastasundar Healthbuddy, a subsidiary of the company.

Marico: The company has launched a range of Vegan Gourmet products under the brand name ‘Coco Soul’. The organic variants mark Marico’s first foray into the organic products space.

NHPC: The company has restored each unit of Parbati-III Power Station (4 X 130 MW) in Himachal Pradesh. Unit 1 and 2 have been restored on April 7 and April 5, 2019, respectively, while Unit 3 and 4 were restored on April 7, 2019 and April 8, respectively.