Stocks to Watch: Tata Motors, Cipla, Zomato, GMR Airports, Mazagon Dock, and Others – News18

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Stocks to Watch: Tata Motors, Cipla, Zomato, GMR Airports, Mazagon Dock, and Others – News18


Last Updated: December 11, 2023, 09:13 IST

Stocks to watch: GIFT Nifty on the NSE IX traded 2.5 factors, or 0.01 per cent, larger at 21,079.50, signaling that Dalal Street was headed for muted begin on Monday. Here’s a slew of shares that will probably be in focus right this moment for numerous causes.

Tata Motors: The automaker stated it might improve the value of its business autos efficient January 2024 by up to 3 per cent. The worth improve is to offset the residual impression of previous enter prices and will probably be relevant throughout your entire vary of business autos.

Mazagon Dock Shipbuilders: The firm obtained an order price Rs 1,145 crore from ONGC for laying roughly 44.4 km of subsea pipelines in 19 segments.

Ramco Cements: The firm’s Kolimigundla clinker plant capability has been elevated to 3.15 MTPA from 2.5 MTPA.

REC: REC has signed a 200-million-euro mortgage settlement with the German financial institution KfW to improve the distribution infrastructure of discoms consistent with the revamped distribution sector scheme (RDSS) of the federal government.

Blue Dart Express: The logistics firm stated the board of administrators has accepted the acquisition of two leased plane by Blue Dart Aviation, an entirely owned subsidiary of the corporate, from DHL Aviation (Netherlands), a fellow subsidiary firm, for Rs 40 crore.

Cipla: Its subsidiary InvaGen Pharmaceuticals Inc is voluntarily recalling one lot of Vigabatrin for oral resolution, USP 500mg, to the patron stage. Vigabatrin has been discovered to have seal integrity points, permitting for powder leakage.

Linde India: As per reviews, the Asia Index has determined to change Linde India with Gujarat Gas within the S&P BSE Oil & Gas index with impact from December 18. PSP Projects: The firm stated it has secured a contract of Rs 101.67 crore in Gujarat.

Jubilant Industries: Jubilant Industries knowledgeable the exchanges in regards to the sudden and unhappy demise of Manu Ahuja, Whole-time Director and CEO of JACPL.

Zomato: Softbank has bought 1.08% stake in meals supply firm Zomato by means of block offers on Friday. Through the sale, the Japanese investor bagged Rs 1,125 crore.

GMR Airports: Upping its wager on India’s infrastructure story, GQG Partners on Friday purchased shut to 5% stake in GMR Airports Infrastructure in a deal price Rs 1,672 crore by means of the open market.

Disclaimer:Disclaimer: The views and funding ideas by consultants on this News18.com report are their very own and not these of the web site or its administration. Users are suggested to examine with licensed consultants earlier than taking any funding selections.



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