Overnight Digest: Stocks to look out for on October 16

The stocks that are likely to witness significant movement on the bourses on October 16 are Godrej Agrovet, Reliance Industries Ltd, Godrej Consumer Products Limited, GNA Axles Limited and Idea Cellular Ltd.

Godrej Agrovet: Godrej Agrovet will make its debut on the bourses on Monday after successfully concluding the initial public offer (IPO) last week. The stock will be in focus on Monday.

GNA Axles Limited: Today after the market hours, GNA Axles Limited submitted to the exchange its unaudited financial results for the second quarter ended 30th September, 2017. The stock will be watched on Monday.

Reliance Industries Ltd: The financial results of the company will be out tomorrow. The stock will be watched on Monday.

Godrej Consumer Products Limited: Godrej Consumer Products Limited has informed the Exchange regarding Credit Rating. Rating agency CRISIL has assigned the company a rating of “CRISIL A1+” to its commercial paper programme of Rs. 750 Crore. Instruments with this rating are considered to have very strong degree of safety. The stock will be in limelight on Monday.

Idea Cellular Ltd: Idea Celluar’s shareholders have approved the scheme relating to the merger of its mobile business with Vodafone India. The stock will remain in focus on Monday.