Overnight Digest- Stocks to look out for on Oct 24

The stocks which could witness significant movement on October 24 are Equitas, Apollo Tyres, NBCC , Gujarat NRE Coke and Agarwal Industrial Corporation Ltd.

Equitas :- The company has declared its Q2 FY17 results. Its net income is higher by 46 per cent at Rs 384.5 cr vs Rs 263 cr YoY. The net profits are declared at Rs 46.3 cr vs 39.9 cr YoY.

Apollo Tyres :-  Apollo Tyres Ltd., has informed BSE that the "Committee of Directors-NCDs" at its meeting held on October 21, 2016, has allotted Non Convertible Debentures (NCDs) on a private placement basis aggregating to Rs. 300 crores.

NBCC: Government announced that it has no intentions of selling its stakes by more than 15 per cent in the company. 

Gujarat NRE Coke :  DGAD recommends anti-dumping duty in coke and coated steel. The stock will continue reacting to the news.

Agarwal Industrial Corporation Ltd.:  Agarwal Industrial Corporation Ltd., has informed BSE regarding the approval of Scheme of Amalgamation ("Scheme") for merger of Agarwal Petrochem Private Limited with Agarwal Industrial Corporation Limited by the Hon'ble High Court of Judicature at Mumbai on October 20, 2016, under Sections 391 to 394 read with applicable provisions of the Companies Act, 1956 (to the extent applicable, provisions of the Companies Act, 2013).