Overnight Digest - Stocks to watch out on April 13

The stocks that may witness some kind of significant movements on April 13 in the markets are: JP Associates; Tata Steel; Madhucon Infra; Maruti Suzuki; Kaveri Seeds, Escort, Jain Irrigation , UPL.

a) JP Associates: Infrastructure firm JP Associates has pulled out of the project to set up an electronic chip plant that entailed an investment of about Rs 34,000 crore. 

b) Tata Steel: Britain's financial involvement in helping the sale of Tata Steel's Port Talbot steelworks is most likely to be via a state loan provided on commercial terms alongside other investors.

c) Madhucon Infra: Madhucon Infra informed stock exchanges on Tuesday that it has completed the sale of Madhucon Agra-Jaipur Expressway.

d) Maruti Suzuki: Maruti Suzuki informed stock exchanges on Tuesday that it is aiming to maintain a double-digit growth rate in volumes in the fiscal 2016-17, so it has decided to strengthen its portfolio by adding one new car and one variant.

e) Kaveri Seeds/Escort/Jain Irrigation/UPL etc: These stocks can show some movement tomorrow as Indian Meteorological Department has predicted a favourable monsoon this year.