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Overnight Digest : Stocks to look out for on August 30

The stocks which could witness a significant movement on August 30 are Ashoka Buildcon, Adani Ports & SEZ Ltd., Zee Entertainment, Tata Motors & Eclerx

Ashoka Buildcon :- Company came out with its Q1FY17 results. The Total income is down by 1.4 per cent and EBITDA is down by 12.2 per cent.

Adani Ports & SEZ Ltd. :- Oz Court has cleared legal hurdle for Adani's multi-billion dollar Charmiceal coal mines project.

Zee Entertainment :- The stocks will react to the news of acquisition of Ten sports by Sony from Zee Entertainment. The deal is valued approximately at Rs 2,000 crores.

Tata Motors :- Tata Motors unveils petrol version of Tiago in Nepal. Tata Motors has already hit its 52 w high on Monday.

Eclerx :- The total income was declared up by 14 per cent. EBIT was declared up by 22.7 per cent. The margins have expanded to 33.5 per cent from 31 per cent and the board has approved buy back of shares. Net profit has increased by 27 per cent.

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