Overnight Digest- Stocks to look out for on May 11

The stocks which are expected to witness significant movement on May 11 are Bajaj Finance, Arvind/Glenmark Pharmaceuticals, Astrazeneca Pharma India, Jain Irrigation Systems/Escorts and Tata Motors.

Bajaj Finance: Bajaj Finance is looking to raise USD 150 million (Rs 969 crore) from International Finance Corporation. The share price of company will remain in the limelight on Thursday.

Arvind/Glenmark Pharmaceuticals: Arvind and Glenmark Pharmaceuticals will declare their Q4FY17 results on Thursday respectively. The share prices of these companies will be in focus on May 11.

Astrazeneca Pharma India: Astrazeneca Pharma India’s asthma drug has failed, after similar setback at Roche. The share price of the company will remain in the limelight on Thursday.

Jain irrigation Systems/Escorts: India will get higher rainfall this season as per IMD. The share price of Jain irrigation Systems/Escorts will be watched on May 11.

Tata Motors: Tata Motors’ global sales declined 9 per cent in April 2017. The share price of the company will remain in the limelight on Thursday.