Overnight Digest: Stocks to look out for on August 7

The stocks that are likely to witness significant movement on the bourses on August 7 are Sun Pharmaceutical Industries, Arvind Limited, Britannia Industries, Kridhan Infra and Sanofi India.

Sun Pharmaceutical Industries : The company has launched Kapspargo Sprinkle (metoprolol succinate) capsules in the US for the treatment of hypertension (to lower blood pressure), angina pectoris (chest pain), and heart failure (to reduce the risk of cardiovascular mortality and heart-failure hospitalisation in patients with heart failure). This will put the stock in focus on Tuesday.

Arvind Limted : The company has reported a 13.32 per cent increase in its consolidated net profit at Rs 64.31 crore for Q1FY19 as against Rs 56.75 crore for the same quarter in the previous year. The stock would be watched on Tuesday due to the results.

Britannia Industries : The company posted a 19 per cent growth in its net profit at Rs 258 crore for the Q1FY19 compared to Rs 216 crore for the Q1FY18. The results of the company will most likely keep the stock in focus on Tuesday.

Kridhan Infra : The company has announced to the bourses that its associate company Vijay Nirman Company Private Limited ('VNC') has bagged a new project worth Rs 132.6 crore. Kridhan infra's stocks will be in the limelight on Tuesday.

Sanofi India: The company has launched ‘once daily’ tablet Aubagio in India used for the treatment of relapsing forms of multiple sclerosis.The company's specialty care global business unit Sanofi Genzyme has launched the product. The shares of the company will be watched on Tuesday's trading session.