Overnight Digest- Stocks to look out for on Oct 26

The stocks which could witness significant movement on October 26 are Cadila Healthcare/Torrent Pharma/ITC,  Tata Motors/Tata Steel, Reliance Capital, L&T Finance and Ador Welding Ltd.

Cadila Healthcare/Torrent Pharma/ ITC : - These stocks will be declaring their Q2 FY17 results and are expected to trade volatile.

Tata Motors/Tata Steel :-  The stocks are expected to reflect increased volatility owing to developments in the group.

Reliance Capital :- Reliance Cap to list housing finance biz by April 2017 as announced by Sam Ghosh, the group CEO for Reliance Capital.

L&T Finance :- The company came out with stellar performance as reflected in its Q2FY17 results. The Company has posted a net profit of Rs. 52.20 million for the quarter ended September 30, 2016 as compared to Rs. 1430.70 million for the quarter ended September 30, 2015.The stock will react volatile to the development.

Ador welding Ltd:- Ador Welding Ltd has informed BSE that the Company’s Project Engineering Business (PEB) Division has secured an order for executing a project in one of the GCC countries. This order is expected to be executed in about 12 months period and will generate a turnover of about Rs. 100 Crore over the said period, out of which upto 30% is expected in the current Financial Year 2016-17.