Overnight Digest – Stocks to look out for on May 30

The stocks which could witness significant movement on May 30 are Jubilant Foodworks Ltd., HDFC, Aurobindo Pharma, Infosys Ltd., Bhel India Ltd.

a) Jubilant Foodworks Ltd.: Company on May 28 is expected to declare its Q4FY16 results. The company has recently made headlines.  The Centre for Science and Environment has found impermissible amount of toxic in its bread.

b) HDFC: The Forbes magazine has marked HDFC as the largest mortgage lender of the country. It stands as the 10th biggest and the most powerful company in the consumer financial segment.

c) Aurobindo Pharma: The company will declare its Q4FY16 on May 30. The results are expected to be fairly positive by the analysts. The stocks on Friday closed at Rs 763.95, up by 3 per cent.

d) Infosys Ltd.: India’s second largest software exporter has done a top level re-shuffle. The company has named Anantha Radhakrishnan as the new head of its BPO business. The stock on Friday has closed higher at Rs 1246.40, up by 1.20 per cent.

e) Bhel India Ltd.: The company post market hour has declared its Q4 results on May 27. The company has reported a net profit of 359.58 crores quarterly. The stocks on Friday closed at Rs 128.20, marginally down by 0.19 per cent.