Overnight Digest: Stocks to watch out on May 21

The stocks that are likely to witness significant movement on the bourses on May 21 are Lumax Auto Tech, TV Today, Rishab Special, Shree Pushkar Chemicals and Bosch.

Lumax Auto Technologies: The company has reported a rise of 7.15 per cent in its net profit at Rs. 6.59 crore for the Q4FY19 as compared to Rs. 6.15 crore for the same quarter in the previous year. Total income of the company increased by 7.95 per cent at Rs. 168.43 crore for Q4FY19 as compared to Rs. 156.03 crore for the quarter ended March 31, 2018.

TV Today Network: Company has received approval for equity investment of an amount not exceeding Rs. 5 lakh in Vibgyor Broadcasting, a wholly-owned subsidiary of the company.

Rishab Special Yarns: Company is planning for removal of the old building at Ambaji Industrial Area, Rajasthan, sub division of plot to make it in a saleable parcel of land and to sell the same.

Shree Pushkar Chemicals & Fertilisers: The company’s board of directors has recommended Final Dividend of 1.5 per equity share.

Bosch: The company is set to announce its Q4FY19 results on May 21. The shares of the company have closed on a positive note at Rs. 17,640, up 2.33 per cent.