Overnight Digest: Stocks to watch out on May 16
The stocks that are likely to witness significant movement on the bourses on May 16 are Yes Bank, Bharti Airtel, Dr. Reddy’s Laboratory, Amara Raja Batteries and JK Tyre
Yes Bank: RBI appointed former deputy governor R Gandhi on board of Yes Bank. The stock will be in focus.
Bharti Airtel: The company has upgraded its fourth generation (4G) network in Haryana with the deployment of LTE 2100 technology, according to news sources.
Dr. Reddy's Laboratories: The pharma company has launched Daptomycin for Injection, 500mg/vial single-dose vial in the US Market.
Amara Raja Batteries: The company has registered 12.1 per cent growth in revenue for the year ended March 31, 2019.
Jk Tyre & Industries: The company is set to announce its Q4FY19 results on May 16.