Overnight Digest: Stocks to look out for on May 3

The stocks that are expected to witness a significant movement on the bourses on Thursday, May 3, 2018 are Cadila Healthcare Limited, Tata Power Company Limited, Kridhan Infra Limited, Castrol India Limited and Central Bank of India.      

Cadila Healthcare Limited: The company announced on Wednesday that Zydus received final approval from the USFDA for Bumetanide Tablets USP. The stock will remain in focus on Thursday.

Tata Power Company Limited: The company announced its financial results for the fiscal year 2018 on Wednesday. The stock will be in limelight on Thursday.  

Kridhan Infra Limited: The company announced on Wednesday that its subsidiary Swee Hong Limited has won order worth Rs. 566 million. The stock will be watched on Thursday.

Castrol India Limited: The company will be announcing its FY18 results on Thursday. The stock will be watched on Thursday.

Central Bank of India: The bank announced on Wednesday that the credit rating agency ICRA has assigned an ICRA A+ rating to its bonds. The stock will be watched on Thursday.