Overnight Digest – Stocks to look out for on May 5

The stocks which could see a significant movement on May 5 are Eicher Motors/Hero Moto Corp, Gillete India Limited, Symphony Limited, Sun Pharma and Jet Airways.

a) Eicher Motors/Hero Moto Corp: With the sales picking in the previous month, it is  good news for the Auto manufacturers.  However, the scrips may see a movement on either side tomorrow as both the companies are poised to release their Q4FY16 Results.

b) Gillette India Limited: The Company is holding a fair amount of market share in men’s personal care products. The Company is set to release its Q4FY16 results. The stock has closed at 4300, which is up by 2 per cent.

c) Symphony Limited: World's largest air cooler company Symphony Ltd. is all set to launch the world's first wall-mounted air cooler under the brand name 'Cloud'. The stocks could see a positive movement on May 5.

d) Sun Pharma: Sun Pharma has inked a pact with International Centre for Genetic Engineering and Biotechnology (ICGEB) to develop a novel botanical drug 
for the treatment of dengue. The scrip could see a movement on May 5.

e) Jet Airways:  Strategic partners Jet Airways and Etihad have registered a 63 per cent growth in passenger volumes. The shares of Jet Airways are expected to open in the green on May 5. The shares on 4 May have closed at Rs 623.85, up by 3 per cent.