Overnight Digest- Stocks to look out for on May 17

DSIJ Intelligence / 16 May 2017

Overnight Digest- Stocks to look out for on May 17

The stocks which are expected to witness significant movement on May 17 are Hindustan Unilever/JK Lakshmi Cement/Bajaj Finserv/Bajaj Finance, Maruti Suzuki, Havells India, Vardhman Holdings Limited, IRB Infrastructure Developers Limited.

The stocks which are expected to witness significant movement on May 17 are Hindustan Unilever/JK Lakshmi Cement/Bajaj Finserv/Bajaj Finance, Maruti Suzuki, Havells India, Vardhman Holdings Limited, IRB Infrastructure Developers Limited.

Hindustan Unilever/JK Lakshmi Cement/Bajaj Finserv/Bajaj Finance: - These companies will be declaring their Q4 results tomorrow and their stock prices can be expected to remain volatile in tomorrow's session.

Maruti Suzuki: - India's largest passenger car maker has re-launched Maruti Swift Dzire at Rs 5.45 lakh. The compact sedan has over 50 per cent market share in the segment.

Havells India: - The company has declared a dividend of Rs 3.5 per share for FY16-17.

Vardhman Holdings Ltd: - The company has informed the exchanges that the board of directors at its meeting held on May 16, 2017, recommended a final dividend of Rs 5 per equity share. 

IRB Infrastructure Developers Limited: -The company has informed the exchanges that the company has successfully completed concession period of Thane Bhiwandi bypass project on May 13, 2017. The concession period of the project was 18 years and 6 months. Now, upon successful completion of concession, the company has handed over the project to the Ministry of Road Transport & Highways (MORTH)/ PWD Government of Maharashtra.

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