Overnight Digest: Stocks to watch out on April 25

The stocks that are likely to witness significant movement on the bourses on April 25 are Astron Paper, Tata Elxsi, UltraTech Cement, Hexaware Technologies and Axis Bank.

Astron Paper & Board Mill: The company will temporary shutdown Unit-2 located at Bhuj, Gujarat from mid night i.e of April 24, 2019 to May 15, 2019 for capacity expansion/modernization of plant. 

Tata Elxsi: For Q4FY19, the company reported a marginal rise of 1.42 per cent in net profit at Rs. 71.29 crore as compared to Rs 70.29 crore for the same quarter in the previous year.

Ultratech Cement: The company has reported a two-fold jump in net profit at Rs. 1,017.47 crore for the March quarter as compared to Rs. 487.95 crore for the same quarter in the previous year.

Hexaware Technologies: The company has reported a rise of 25.98 per cent in net profit at Rs. 118.61 crore for the Q4FY19 as compared to Rs. 94.15 crore for the same quarter in the previous year.

Axis Bank: The stock will be in focus owing to Q4FY19 results to be announced on April 25.