Overnight Digest – Stocks to look out for on May 26

The stocks which could witness significant movement on May 26 are Jet Airways (India) Ltd., Tata Consultancy Services, Adani Enterprises, Wipro and Finolex Cables Ltd.

a) Jet Airways (India) Ltd.: Company on May 26 is expected to declare its Q4FY16 results. With major competitors Spice Jet, Air India, Inter Globe Aviation posting good numbers, the results of Jet Airways are expected to be positive, as the prices of oil for the last 3 months have remained low.

b) Tata Consultancy Services: Tata Consultancy Services (TCS) and GE have partnered to enable healthcare industry transformation. It will develop innovative digital solutions on the GE Health Cloud to deliver benefits to its customers across the healthcare industry.

c) Adani Enterprises: Ruchi Soya Industries and Adani Wilmar, a joint venture between Adani Enterprises and Wilmar International, have agreed to combine their respective procurement, marketing, distribution and sales businesses, for their products. The stock will be in limelight for entire trading session on Thursday.

d) Wipro: Wipro has launched total customer centricity (TCC) solution for the manufacturing sector, leveraging Informatics Master Data Management platform. TCC will enable global manufacturers to transition from a product centric to a customer centric approach.

e) Finolex Cables Ltd.: The company will declare its Q4 results on May 26. In the previous quarter the company reported a net profit of 52 crores, and it could further be interesting to see the Q4 results. The stocks on Wednesday closed at Rs 291.45, up by 0.02 per cent.