Overnight Digest: Stocks to look out for on May 8

The stocks that are likely to witness significant movement on the bourses on May 8 are Lupin, Alembic Pharmaceuticals, Larsen & Toubro Infotech, JK Paper and Jyothy Laboratories

Lupin: The company informed the exchange that it has received tentative USFDA approval for Fosaprepitant for Injection. This will keep the stock in focus.

Alembic Pharmaceuticals: Alembic has entered into a Joint Venture with SPH SINE Pharmaceutical Laboratories Co Ltd, China  & Adia (Shanghai) Pharma Co Ltd, China.  

Larsen & Toubro Infotech: The company unveiled Intelligent Enterprise Solutions for SAP S/ 4HANA. This could put the stock in focus.

JK Paper: The company is set to report its results for Q4FY19. The stock will be watched. 

Jyothy Laboratories : The company has reported a rise of 11.10 per cent in its net profit at Rs 67.05 crore for Q4FY19 as compared to Rs 60.35 crore for the same quarter in the previous year. Total income of the company increased by 3.26 per cent at Rs 515.64 crore for Q4FY19 as compared Rs 499.36 crore for the corresponding quarter previous year.