Stocks to Watch

Stocks To Watch Today on December 13, 2024: Zomato, L&T, Tata Motors, Axis Bank & More Can be in Focus

On December 13, 2024, the Indian benchmark indices Sensex and Nifty 50 are expected to be impacted amid negative global market cues. Check out a few stocks that might be in focus during the trading session.

  • Axis Bank

Axis AMC, Axis Bank’s mutual fund arm, has opened a branch at GIFT City, India’s top international financial hub.

  • NBCC

NBCC has been appointed to manage and complete Supertech Ltd’s 16 real estate projects for nearly ₹9,500 crore.

  • L&T

L&T’s L&T-Cloudfiniti got its first major client at its hyperscale data centre in Sriperumbudur, near Chennai.

  • JK Tyre

Germany’s DEG is providing JK Tyre with a €30 million (₹267 crore) long-term loan.

  • Titan

Titan’s luxury brand Zoya plans to open 20 new stores in the next 3-4 years, starting with its Kolkata launch in East India.

  • Zomato

The GST department in Thane has raised a tax demand of ₹803.4 crore on Zomato, including interest and penalties.

  • Tech Mahindra

Tech Mahindra has collaborated with ServiceNow to launch One E2E, a GenAI-powered enterprise service management platform.

  • Tata Motors

Tata Motors announced that it will increase the prices of trucks and buses by up to 2% starting January 1, 2025.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Stocks to Watch Today on December 16, 2024: RIL, Lupin, Dixon, and More

Indian markets may face a cautious start on Monday, December 16, with GIFT Nifty futures down by 66 points at 24,774.

On Friday, the markets ended on a strong note. The BSE Sensex climbed 843 points (1.04%) to close at 82,133.12, while the Nifty50 rose 219 points (0.89%) to finish at 24,768.30.

* Reliance Industries

Reliance Industries has acquired a 74% stake in Navi Mumbai IIA Private Limited for ₹1,628 crore, with the remaining 26% retained by CIDCO. This acquisition reinforces RIL’s position in key infrastructure projects.

* Dixon Technologies

Dixon Technologies has signed a binding term sheet with Vivo India for a joint venture. The collaboration aims to expand Dixon’s OEM business in smartphone and electronics manufacturing.

* Lupin

Lupin has strengthened its diabetes portfolio by acquiring three trademarks from Boehringer Ingelheim: Gibtulio, Gibtulio Met, and Ajaduo. These trademarks are expected to be transferred by March 2025.

* Aurobindo Pharma

Aurobindo Pharma’s subsidiary CuraTeQ Biologics has received EMA approval for its biosimilar Zefylti, designed to treat neutropenia and mobilize peripheral progenitor cells.

* Afcons Infrastructure

Afcons Infrastructure secured a contract worth ₹1,007 crore from MP Metro Rail Corporation for the development of a metro rail project.

* RITES

RITES has been awarded a ₹297.67 crore contract by the Ministry of External Affairs to build an Integrated Check Post. The project is scheduled for completion within 59 months.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Stocks To Watch Today on December 17, 2024: Indus Towers, Vedanta, Religare, and More in Focus

Indian markets are expected to open on a weak note, as GIFT Nifty futures trade 80 points below Nifty50 futures at 24,658. On Monday, the Sensex fell by 384 points to close at 81,748.57, while Nifty50 dropped 100 points, ending at 24,668.25.

Key Stocks to Watch

  • Indus Towers

Indus Towers has secured a favourable verdict from the tax tribunal regarding asset depreciation linked to a merger, reducing its contingent liabilities by ₹3,500 crore.

  • Religare Enterprises

Care Health Insurance, a subsidiary of Religare, received a show-cause notice and advisory letter from IRDAI following an inspection conducted in 2021.

  • Wipro

Wipro plans to acquire Applied Value Technologies and its affiliates for $40 million to enhance its business operations.

  • Texmaco Rail & Engineering

Texmaco Rail & Engineering has won a new order worth ₹187 crore, strengthening its project pipeline.

  • Varun Beverages

Varun Beverages has acquired a 39.93% stake in LunarMech to further expand its equity investments.

  • RVNL (Rail Vikas Nigam Limited)

RVNL has secured an order valued at ₹270 crore from Maharashtra Metro Rail Corporation, boosting its project portfolio.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Stocks to Watch Today on December 18, 2024: Ambuja Cements, LTIMindtree, JSW Energy, and More

Indian equities might be impacted today, as suggested by GIFT Nifty futures, which were trading 57 points below Nifty50 futures at 24,359.

On Tuesday, the markets closed in negative territory. The BSE Sensex dropped by 1,064 points (1.30%) to 80,684.45, while the Nifty50 fell 332 points (1.35%) to settle at 24,336.

Key Stocks to Watch

  • Ambuja Cements

Ambuja Cements announced the merger of its subsidiaries, Sanghi Industries Ltd (SIL) and Penna Cement Industries Ltd (PCIL). As per the merger scheme, Ambuja will issue 12 equity shares of ₹2 each for every 100 equity shares of SIL with a face value of ₹10. This move supports the company’s expansion plans.

  • LTIMindtree

LTIMindtree obtained an interim stay from the Karnataka High Court in a dispute concerning tax refunds and zero-rated supply benefits. The case contests a central tax order, with further hearings pending.

  • Aurobindo Pharma

The US FDA completed an inspection of Aurobindo Pharma’s API manufacturing facility in Telangana from December 9 to 17, 2024. The inspection resulted in two procedural observations.

  • JSW Energy

JSW Energy and LG Energy Solution are nearing an agreement to form a $1.5 billion joint venture for manufacturing EV and renewable energy storage batteries. LG will provide technology, while JSW will invest capital.

  • Piramal Enterprises

Piramal Enterprises’ Administrative Committee is set to meet on December 20, 2024, to consider a public issuance of non-convertible debentures (NCDs).

  • Exide Industries

Exide Industries has infused ₹100 crore into its subsidiary, Exide Energy Solutions Ltd, bringing the total investment to ₹3,152.24 crore. The funds will support a greenfield lithium-ion battery project in Bengaluru.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Stocks to Watch Today: December 19, 2024 – ITC, BoB, Asian Paints, Lupin and More

Indian equities may face pressure as GIFT Nifty futures trade 245 points below Nifty50 futures at 23,912.

On Wednesday, markets ended in the red, with the BSE Sensex declining 502 points (0.62%) to 80,182.20 and Nifty50 falling 137 points (0.56%) to 24,198.85.

Key Stocks in Focus

  • ITC

Ahead of its hotel business demerger in January 2025, ITC has raised its stake in Oberoi (EIH) to 16.13% and in Leela (HLV) to 8.11%. This move consolidates its hospitality holdings under the parent company following a board decision in October 2024.

  • Bank of Baroda (BoB)

Bank of Baroda has approved raising ₹10,000 crore through long-term bonds to finance infrastructure and affordable housing projects. The bonds may be issued in phases during FY25 and beyond, depending on market conditions.

  • Asian Paints

Asian Paints announced that 2 senior executives, Shyam Swamy (VP, Home Improvement & Retail) and Vishu Goel (AVP, Retail Sales & Marketing), have resigned. Reasons for their exits, effective immediately, were not disclosed.

  • Lupin

Lupin has received US FDA approval to market a generic version of HIV drug Descovy. This grants the company 180 days of shared exclusivity in the US market for its Emtricitabine and Tenofovir Alafenamide tablets.

  • Brigade Enterprises

Brigade Enterprises has launched Brigade Citrine, India’s first net-zero residential project, in Whitefield, Bengaluru. The project, valued at ₹500 crore, includes 420 eco-friendly units designed to conserve water and use renewable energy for common areas.

  • IOL Chemicals

IOL Chemicals plans to hold a board meeting on December 27, 2024, to discuss a potential stock split of its ₹10 face value equity shares.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Stocks To Watch Today on December 20, 2024: Exide, Bharti Airtel, JK Cement, and More

Indian markets are expected to be impacted on Friday, as GIFT Nifty futures were trading 86 points lower than Nifty50 futures at 23,932.

On Thursday, the Sensex fell 964 points (-1.20%) to 79,218.05, and the Nifty50 declined 247 points (-1.02%) to 23,951.70.

Key Stocks to Watch

  • Exide Industries

Exide Energy Solutions, a subsidiary of Exide Industries, has entered into an agreement with Hyundai Motor India to supply lithium-ion cells and battery packs for its EV lineup in India.

  • Bharti Airtel

Bharti Airtel has prepaid ₹3,626 crore to the Department of Telecommunications, settling all dues related to the spectrum acquired in 2016.

  • JK Cement

JK Cement has won the bid for the Mahan coal mine in Madhya Pradesh. The mine has geological reserves of 107.4 million tonnes and an annual peak-rated capacity of 1.2 million tonnes.

  • Amara Raja Energy & Mobility

Hyundai Motor India will incorporate AMARON AGM batteries into its domestic vehicle lineup as part of an existing procurement agreement.

  • Deep Industries

Deep Industries received a ₹62 crore Letter of Award (LOA) from Selan Exploration for providing drilling services.

  • KPI Green Energy

KPI Green Energy has set January 3 as the record date for a 1:2 bonus issue. Additionally, it has signed an MoU with the Rajasthan government to develop hybrid solar and wind energy projects in Jaisalmer.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Key Stocks to Watch on December 23, 2024: JBM Auto, L&T, Aurobindo Pharma, and Others

Indian stock markets are likely to be impacted on December 23, with GIFT Nifty futures trading 180 points higher at 23,805.

On Friday, the markets closed in the red, with the BSE Sensex plunging 1,196 points (1.49%) to finish at 78,041.59 and the Nifty50 slipping 364 points (1.52%) to settle at 78,041.59.

Here are the top stocks to watch today:

  • JBM Auto

JBM Auto’s subsidiary secured a ₹1,800 crore contract from Ahmedabad BRTS to deliver 343 electric buses.

  • Sterling & Wilson Renewables

The company received a domestic order valued at ₹1,200 crore.

  • Aurobindo Pharma

Curateq Biologics, a subsidiary of Aurobindo Pharma, gained approval from the UK’s MHRA for its oncology biosimilar, Bevqolva.

  • Larsen & Toubro (L&T)

L&T signed a ₹7,629 crore deal with the Ministry of Finance to supply K9 Vajra-T artillery guns for the Indian Army.

  • Piramal Enterprises

The company plans to raise ₹2,000 crore by issuing secured non-convertible debentures.

  • Ultratech Cement

Ultratech Cement received approval from the Competition Commission of India (CCI) to acquire The India Cements Ltd.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Stocks To Watch Today on December 24, 2024: Bharat Forge, Nava, Adani, Aurionpro, and More

Indian markets are expected to see action today, as GIFT Nifty futures signal a 25-point rise to 23,794, surpassing Nifty50 futures.

On Monday, the BSE Sensex climbed 498 points (+0.64%) to close at 78,540.17, while the Nifty50 advanced 165 points (+0.7%) to end at 23,753.45.

Here are the top stocks to follow today:

  • Bharat Forge

Bharat Forge has approved a capital infusion of $64.50 million (₹536.64 crore) into its US subsidiary, Bharat Forge America Inc.

  • Nava

Nava ’s board has greenlit a stock split, converting each equity share with a ₹2 face value into two shares of ₹1 each. Necessary amendments to the Memorandum and Articles of Association have also been approved.

  • Adani Enterprises

Adani Defence Systems and Technologies Ltd, a wholly owned subsidiary of Adani Enterprises, will acquire an 85.8% stake in Air Works India (Engineering) Pvt Ltd for ₹400 crore.

  • Aurionpro Solutions

Aurionpro Solutions has expanded into the European market by acquiring Fenixys, a financial services technology provider, for €10 million (₹87 crore), securing a 100% stake.

  • TVS Motor

TVS Motor has boosted its ownership in DriveX by acquiring an additional 39.11% stake, increasing its total holding to 87.38%.

  • HG Infra

HG Infra’s subsidiary, H.G. Banaskantha BESS Pvt Ltd, has signed a long-term agreement with NTPC Vidyut Vyapar Nigam for a 185 MW/370 MWh battery energy storage project.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Stocks to Watch On December 26, 2024: IOC, Gland Pharma, BPCL, and More

On December 26, Indian markets are expected to be influenced by GIFT Nifty futures, which are trading 23 points higher at 23,952.

On Tuesday, the Sensex dropped 67 points to close at 78,472.87, while the Nifty50 fell 25 points to end at 23,727.65.

Here are today’s top stocks to keep an eye on:

  • Indian Oil Corporation (IOC)

IOC plans to finalise an agreement with the Odisha government in January for a Naphtha Cracker Project in Paradip. The investment is projected to exceed ₹61,000 crore.

  • Gland Pharma

Gland Pharma received 10 observations from ANSM France following an inspection at Cenexi’s Fontenay manufacturing facility.

  • Welspun Corp

Welspun Corp has secured a ₹130 crore order from Saudi Arabia to supply steel pipes and coatings.

  • NALCO India

NALCO India has signed a mining lease for the Utkal-D and Utkal-E coal blocks, which will increase its coal production capacity to 4 MTPA.

  • Bharat Petroleum Corporation Ltd (BPCL)

BPCL has emerged as the lowest bidder for NTPC’s 150 MW solar project. The project involves an investment of ₹756.45 crore and is expected to generate ₹100 crore in annual revenue.

  • Arihant Superstructures

Arihant Superstructures has acquired 11 acres near World Villas, boosting its revenue potential to over ₹1,200 crore.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Stocks to Watch on December 27, 2024: Gensol, Dixon, Mankind, Jubilant and More

Indian stock markets are likely to be impacted, as GIFT Nifty futures indicate a 4-point decline to 23,952. On Thursday, the Sensex closed flat at ₹78,472.48, while the Nifty50 gained 22 points to settle at ₹23,750.20.

Below are the key stocks to keep an eye on:

  • Gensol Engineering

Gensol Engineering secured a ₹897 crore EPC contract from NTPC Renewable Energy for a 225 MW solar PV project at GSECL Solar Park, Khavda, Gujarat.

  • Dixon Technologies

Dixon Technologies subsidiary Dixon Electro Manufacturing signed an MoU with Cellecor Gadgets to produce refrigerators and related components.

  • Mankind Pharma

Mankind Pharma partnered with Innovent Biologics to exclusively license and market the cancer immunotherapy drug Sintilimab in India.

  • Jubilant FoodWorks

Jubilant FoodWorks signed an MoU with Coca-Cola India to procure sparkling beverages and other products.

  • Gujarat Fluorochemicals

Gujarat Fluorochemicals approved a ₹200 crore slump sale of its power business. Committed ₹40 crore to invest in IGREL Mahidad and ₹200 crore for a 26% stake in Flurry Wind Energy.

  • Aarti Pharmalabs

Abakkus Asset Manager bought 10.7 lakh shares worth ₹61.5 crore at an average price of ₹575.04/share. Promoters Tulip Family Trust and Orchid Family Trust sold 10 lakh shares.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. Investments in securities market are subject to market risks, read all the related documents carefully before investing.

Stocks To Watch Today on December 30, 2024: Tata Motors, NTPC, JSW Energy, RIL, and More

As of 7:30 AM, GIFT Nifty futures were trading flat with a minor negative trend at 24,989.5. On the previous trading day, the Sensex advanced by 226 points (0.29%) to close at 78,699.07, while the Nifty50 gained 63 points (0.27%) to settle at 23,813.40.

  • Tata Motors

Tata Motors aims to introduce passenger electric vehicles (EVs) with a minimum range of 500 km per charge. Shailesh Chandra, MD of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, shared this update.

  • Reliance Industries

Reliance Industries has entered the healthcare sector by acquiring Karkinos, an oncology-focused technology platform, for ₹375 crore.

  • Telecom Sector Highlights

The telecom department has scrapped the requirement for bank guarantees for spectrum auctions conducted before the reform package. Vodafone Idea emphasised that this move would enhance 4G and 5G investments in India. Additionally, Vodafone Group cleared ₹11,650 crore in dues related to Vodafone Idea shares.

  • Zydus Wellness

Zydus Wellness has received a GST demand notice for ₹56.33 crore, which includes interest and penalties, from the tax authorities.

  • JSW Energy

In a landmark move, JSW Energy is set to acquire O2 Power’s green energy platform in a $1.47 billion deal, expanding its renewable energy portfolio.

  • NTPC

NTPC has collaborated with US-based Clean Core Thorium Energy to develop advanced nuclear energy technologies as part of the Aneel initiative.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.