Overnight Digest: Stocks to look for on April 18

The stocks that are likely to witness significant movement on the bourses on April 18 Cyient, RIL, Lupin, Pritika Auto and Wipro.

Cyient: The company has launched a portfolio of services and solutions that help Communication Service Providers (CSPs) expedite 5G network rollouts globally.

Reliance Industries: RIL’s telecom arm, Reliance Jio Infocomm (Jio) has approached the Department of Telecommunications (DoT) for in-flight connectivity licence, that allows service providers to offer connectivity and data services to Indian and foreign airlines.

Lupin: The pharma company has received approval for its Fluoxetine Tablets USP, 10 mg and 20 mg, from the USFDA.

Pritika Auto Industries: The company has received a new order to develop and supply cylinder heads for engines. The order comes from an existing long-standing customer, which is among leading manufacturers of tractor engines across India.

Wipro: The company reported Q4 results after market hours. The company's PAT was at Rs. 2,480 crore, revenue at Rs. 15,000 crore. The company's board announced a buyback at Rs. 325 per share, and a dividend of Rs. 1 per share.