Overnight Digest: Stocks to watch out on May 28

The stocks that are likely to witness significant movement on the bourses on May 28 are Colgate Palmolive, Brigade Enterprises, NIIT Technologies, Sterlite Technologies and Ratnamani Metals & Tubes. 

Colgate Palmolive: The Board of Directors of the company has declared a special third interim dividend of Rs. 8 per equity share of Re. 1 (face value) for the financial year 2018-19. 

Brigade Enterprises: The company announced the Pre-launch of Brigade El Dorado near Aerospace Park, Bengaluru North. 

NIIT Technologies: The company has reported a net loss of Rs. 8.73 crore in Q4FY19 against a net profit of Rs. 4.29 crore for the same quarter in the previous year. However, the total income of the company increased by 7.28 per cent at Rs. 118.60 crore for Q4FY19 to Rs. 110.55 crore for the quarter ended March 31, 2018. 

Sterlite Technologies: The company has unveiled Intellza - its next-generation business intelligence solution, at the recently concluded TM Forum Digital Transformation World 2019 in Nice, France. 

Ratnamani Metals & Tubes: The company has bagged two orders worth Rs. 99 crore for supply of Titanium welded tubes. The domestic order is for Rs. 73 crore to be completed by May 2020, while export order is for approximately Rs. 26 crore to be completed by December 2019.