Overnight Digest: Stocks to lookout on October 11

The stocks to watch out for October 11 include Godrej Agrovet, NHPC, Talwalkars Better Value Fitness, Biocon and TCS.

Godrej Agrovet Limited: The company acquired additional 11.03 per cent of the paid-up equity share capital of Godrej Maxximilk Private Limited, which is a subsidiary company, thus, increasing its total shareholding from 62.97 per cent to 74 per cent.

NHPC Limited: It has completed formalities for takeover of 500 MW (125 MW X 4) Teesta VI HEP on Teesta River by remitting the resolution plan with a consideration of Rs. 897.50 Crore to Lanco Teesta Hydro Power Limited (LTHPL).

Talwalkars Better Value Fitness Limited: The fitness company informed about default in payment of interest of Rs. 2.38 crore on loan from Laxmi Vilas Bank with gross principal amount of Rs. 25 crore.

Biocon Limited: Biocon Biologics, which is a wholly owned company of Biocon Ltd., and Just - Evotec Biologics, which is a wholly owned by Evotec, have signed a strategic licensing agreement for an early-stage, pre-clinical biosimilar asset.

Tata Consultancy Services Limited: For Q2FY20, the company reported 1.80 per cent growth YoY in consolidated net profit and also declared a special dividend of Rs. 5 and interim dividend of Rs. 40 per equity share of Rs. 1.