Overnight Digest – Stocks to look out for on August 25

The stocks which could witness a significant movement on Aug 25 are Interglobe Aviation, Bosch, Astrazeneca Pharma India, BPCL and Tata Steel.

Interglobe Aviation: In response to the news item that Tiger Airways was to take back the 12 jets subleased to Indigo, the company has said that such updates have not been received from Tiger Airways.

Bosch: The company has fixed September 06, 2016 as the record date for the purpose of buy back of equity shares. The stock will remain in the lime light for the next session.

Astrazeneca Pharma India: Astrazeneca Pharma UK has terminated the distribution pact for Meronem in India, 6 months from August 24, due to the Astra Zeneca and Pfizer deal.

BPCL: The international rating agency Fitch has reaffirmed BPCL's, the oil marketing company’s long-term forex issuer default rating outlook to ’stable’. The stock may see some upside in coming days.

Tata Steel: The company has kicked off exports of its ferroshots, granulated pig iron from its Kalinganagar steel plants, which it had launched in March. The stock may react to the news in the next session.