Overnight Digest: Stocks to look out for on May 9
The stocks that are likely to record a significant movement on the bourses on Wednesday, May 9 are Quess Corp, Lupin, HPL Electric & Power, Mcnally Bharat Engineering Company and Federal Bank.
Quess Corp: The company informed the bourses on Tuesday that it has completed the acquisition of 90 per cent equity in Greenpiece Landscapes India. The stock will be watched on Wednesday.
Lupin: The company announced on Tuesday that its joint venture company has submitted a New Drug Application for Etanercept biosimilar in Japan. The stock will be watched on Wednesday.
HPL Electric & Power: The company announced on Tuesday that it will be providing Smart Lighting solutions for Bhopal Smart City Project. The stock will be watched on Wednesday.
Mcnally Bharat Engineering Company: The company announced on Tuesday that it has received an order from Hindustan Zinc relating to work of design, manufacturing, supply, erection and commissioning, execution of civil & structural work at its Zawar Mines in Udaipur, Rajasthan. The stock will be in focus on Wednesday.
Federal Bank: The bank will be announcing its annual results for FY18 on Wednesday. Thus, the stock will be in limelight on Wednesday.