Last Updated: December 12, 2023, 09:05 IST
Stocks To Watch on December 12
Stocks to watch: Shares of companies like Infosys, Sun Pharma, Mankind, SpiceJet, Dixon, DLF, and others might be in concentrate on Tuesday’s commerce.
Stocks To Watch: GIFT Nifty on the NSE IX traded 3 factors, or 0.01 per cent, increased at 21,144, signaling that Dalal Street was headed for muted begin on Tuesday. Here’s a slew of shares that might be in focus at this time for numerous causes.
Infosys: The firm’s board has appointed Jayesh Sanghrajka because the chief monetary officer (CFO) with impact from April 1, 2024 as he replaces Nilanjan Roy.
Coal India: The Coal ministry estimates annual coal output to be at 1.5 billion tonne by 2029-30. Coal India’s output is anticipated to be 1.12 bn tonne by this time.
Sun Pharma: The firm has elevated its supply value for buying remaining shares of Taro Pharma to $43 per share in money, in contrast to $38 earlier than.
Dixon Technologies: Its wholly-owned subsidiary Padget Electronics has received a contract from Lenovo to manufacture laptops and notebooks, underneath the Production-Linked Incentive (PLI) 2.0 Scheme.
Mankind Pharma: As per CNBC-TV18, the corporate will seemingly see a block deal of seven.9 per cent fairness at this time. The whole block deal measurement is probably going to be round Rs 5,649 crore. Beige Investment, Link Investment Trust, Cairnhill CIPEF, Cairnhill CGPE, and Hema CIPEF are seemingly sellers within the block deal.
DLF: Group chief monetary officer (CFO) Vivek Anand has tendered his resignation after a 4-12 months tenure. Anand would stay the group CFO until February 29, 2024.
SpiceJet: The assembly of the board of administrators has been adjourned to December 12 to take into account Q2 earnings and choices for elevating contemporary capital.
Mahindra & Mahindra: It produced 69,875 models in November, up 13.4 per cent from final 12 months. Total gross sales grew 24.6 % YoY to 68,760 models, however exports fell 41.8 per cent to 1,816 models in the identical interval.
Jammu & Kashmir Bank: The firm launched its certified institutional placement to elevate Rs 750 crore. The flooring value for the QIP is ready at Rs 112.66 per share, a ten per cent low cost to final shut.
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