Overnight Digest: Stocks to look out on February 15

The stocks that are likely to witness significant movement on the bourses on February 15 are Kaya, Marico, Ashok Leyland, White Organic Agro, Vodafone Idea 

Kaya and Marico: The companies have signed a licensing agreement to launch a new skincare brand - Kaya Youth that will be aimed at the younger consumers. As a part of the deal, Marico will pay royalty to the Kaya. Both the shares of the companies would be in focus. 

Ashok Leyland: The company has reported results for Q3FY19. The company has reported a fall of 21.45 per cent in its net profit at Rs 380.84 crore for the quarter as compared to Rs 484.86 crore Q3FY18. Total income of the company decreased by 12.26 per cent at Rs 6,346.04 YoY in Q3FY19 as compared Rs 7,232.39 crore. The shares of the company would be watched on Friday. 

White Organic Agro: The company plans to start of new unit on 1100 sq yard industrial plot with 4200 sq ft structure in FFL. This unit shall be used for multiple purposes including secretion of Aloe Vera Pulp , drying process for leaves and others. The shares would be in focus on the following trading session. 

Vodafone Idea: The company has launched Milaap service aimed at ensuring safety of children and senior citizens, as well as providing location alerts and other digital solutions, an initiatives for ongoing Kumbh mela. This could put the stock under watch on Friday.