Overnight Digest: Stocks to look out for on August 17

The stocks that are likely to witness significant movement on the bourses on August 17 are Talbros Engineering Ltd, Vimta Labs Ltd, Somany Ceramics Ltd, Dena Bank, Aditya Birla Fashion and Retail Limited, Granules India Limited, Savera Industries Ltd, Vedavaag Systems Ltd.
 
Aditya Birla Fashion and Retail Limited:
Aditya Birla Fashion and Retail Limited has informed the Exchange that the Company has on August 16, 2017, entered into a Multi Store Retail and E-commerce License Agreement ( License Agreement ) with American Eagle Outfitters, Inc., a leading global specialty retailer offering high-quality, on-trend clothing, accessories and personal care products at affordable prices. By virtue of the License Agreement, the Company has acquired the exclusive rights to use the American Eagle Outfitters and Aerie brands to operate stores and e-commerce site and to sell products of these brands in India. The stock will be in focus on August 17.

Dena Bank:
Dena Bank has informed the Exchange regarding its Credit Rating. CARE ratings has upgraded the lower tier II bonds & tier II bonds from CARE AA-  to CARE A+.  The perpetual bonds & additional tier I perpetual bonds ratings were reaffirmed. The stock will be watched on August 17.

Talbros Engineering Ltd./  Vimta Labs Ltd/ Somany Ceramics Ltd.

The financial results of these companies will be out on 17th August. These stocks will be watched on August 17.

Granules India Limited:
Granules India Limited has informed the Exchange regarding" Receipt of Establishment Inspection Report (EIR) from US FDA". The stock will be in focus on August 17.

Savera Industries Ltd/ Vedavaag Systems Ltd:
These companies have submitted to the Exchange, the financial results for the period ended June 30, 2017. These stock will be watched on August 17.