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Stocks To Watch: In as we speak’s session, shares of Bharat Forge, Biocon, JK Paper and others are anticipated to be within the highlight
Stocks To Watch: Check Latest Market Trend On December 16
Stocks To Watch Today: Sensex and Nifty’s benchmark inventory indices surged practically 1% on Friday, pushed by cut price looking in telecom, tech, and client sturdy shares, supported by optimistic home inflation knowledge. In as we speak’s session, shares like Bharat Forge, Biocon, JK Paper, JSW Energy, Lupin, and others are anticipated to be within the highlight following current developments.
Stocks to Watch (Alphabetical Order)
63 Moons Technologies
The Board has permitted a Rs1,950 crore one-time settlement proposed by the NSEL Investors Forum.
Aeroflex Industries
The board permitted elevating as much as Rs 400 crore by way of a Qualified Institutions Placement (QIP) to fund expansions. Shareholders will resolve on the EGM on January 15, 2024.
Afcons Infrastructure
The firm has secured a Rs 1,006.74 crore contract from Madhya Pradesh Metro Rail Co. for the Bhopal Metro Rail Project. The challenge includes constructing an elevated viaduct and 13 elevated metro stations.
Aurobindo Pharma
CuraTeQ Biologics, a subsidiary of Aurobindo Pharma, acquired a optimistic suggestion from the European Medicines Agency for Zefylti, a biosimilar used to deal with neutropenia and mobilize peripheral progenitor cells.
Bharat Forge
Kalyani Strategic Systems, a subsidiary of Bharat Forge, has signed a deal to amass a 25% stake in Edgelab SpA, Italy, for €2.5 million as a part of Edgelab’s IPO plan.
Biocon
Biocon Biologics, a subsidiary of the corporate, has acquired a optimistic suggestion from the European Medicines Agency for the approval of YESINTEK, an Ustekinumab biosimilar. This treatment is used to deal with plaque psoriasis in adults and kids, in addition to psoriatic arthritis and Crohn’s illness in adults.
GE Power India
The firm acquired an Rs 18.27 crore extension order from MP Power Generating to produce boiler elements to the Sanjay Gandhi energy station.
GMM Pfaudler
Alexander Poempner was appointed Group CFO, efficient February 7, 2025, after Manish Poddar’s resignation. The firm has additionally permitted the closure of its Hyderabad manufacturing facility.
Godrej Agrovet
The Government of Gujarat has allotted land in Vadodara, Surat, and Tapi districts to Godrej Agrovet for increasing oil palm cultivation below the National Mission on Edible Oils – Oil Palm.
HBL Power Systems
The firm has gained a Rs 1,522.4 crore order from Chittaranjan Locomotive Works to produce, set up, and fee Train Collision Avoidance Systems for two,200 locomotives inside 12 months.
Jaiprakash Power Ventures
The Andhra Pradesh High Court has stayed an Rs 1,334 crore demand from the Department of Mines & Geology in opposition to the corporate.
JK Paper
JK Paper introduced plans to merge three subsidiaries—Horizon Packs, Securipax Packaging, and JKPL Utility Packaging Solutions—into the guardian firm to streamline operations. The Board has additionally permitted buying a majority stake in Radhesham Wellpack.
JSW Energy
The firm has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) to recuperate dues from Maharashtra State Electricity Discom Company (MSEDCL). MSEDCL has additionally filed a petition difficult the claims.
Lupin
Lupin has strengthened its diabetes remedy portfolio by buying three anti-diabetes emblems—GIBTULIO, GIBTULIO MET, and AJADUO—from Boehringer Ingelheim International.
Max Financial Services
The company title of Max Life has been modified to Axis Max Life Insurance, permitted by the Registrar of Companies.
Premier Explosives
The firm signed an MOU with Global Munition, a subsidiary of NIBE Ordnance and Maritime, to create a three way partnership for manufacturing protection and aerospace merchandise.
Reliance Industries
The firm has acquired a 74% stake in Navi Mumbai IIA (NMIIA) for Rs 1,628.03 crore. The remaining 26% fairness is held by CIDCO, making NMIIA a subsidiary of Reliance Industries.
RITES
RITES has secured a Rs 297.67 crore order from the Ministry of External Affairs to construct an Integrated Check Post, strengthening border infrastructure over the following 59 months.
Disclaimer: The views and funding ideas by consultants on this News18.com report are their very own and never these of the web site or its administration. Readers are suggested to test with licensed consultants earlier than making any funding selections.
