Overnight Digest: Stocks to look out for on November 21

The stocks that are likely to witness a significant movement on the bourses on November 21, 2017 are NBCC (India) Limited, Sanghvi Movers Limited, Lakshmi Vilas Bank Limited, CL Educate Limited/20 Microns Limited and Intellect Design Arena Limited.  

NBCC (India) Limited: The company awarded the contract for construction of various Buildings for IIT Bhubaneswar at Bhubaneswar to Simplex Infrastructures Limited for Rs. 524.12 crore. NBCC will get project management consultancy fee on the same. The stock will be in focus on Tuesday.

Sanghvi Movers Limited: The company informed the bourses that the credit rating agency ICRA has assigned ICRA A to all the facilities of the company. The stock will be in limelight on November 21, 2017.

Lakshmi Vilas Bank: The bank announced its second quarter results on Monday, it posted a hike of 14 per cent in its income for the corresponding period, however, its net profit reduced to Rs. 76 core in Q2FY17 against Rs. 125 crore in Q2FY17 on the back of higher provisions. The stock will be watched on Tuesday.    

CL Educate Limited/20 Microns Limited: The companies will release their second quarter results of FY18 on Tuesday. The stock will be in focus on November 21, 2017. 

Intellect Design Arena Limited: The company informed the bourses that the Aite Report into Wholesale Banking APIs has given iGTB top rating on all six measures. The stock will be in limelight on Tuesday.