Green start is expected in the domestic stock market today based on the signals of GIFT Nifty. On the last trading day, there was rangebound trading in the market during the monthly expiry of Nifty.
- BSE Sensex closed marginally 0.39 points down at 78,472.48.
- Nifty 50 closed at 23,750.20 with a slight gain of 0.10% or 22.55 points.
Today many individual stocks may see a rise. Here are the details of the major stocks that can create a stir in the market today.
Stocks to Watch: Will keep an eye on these stocks
IndusInd Bank
- The bank announced the sale of its microfinance institution (MFI) retail loan pool worth ₹1,573 crore.
- This sale will be on 100% cash basis.
- Goal: Optimize balance sheet and improve liquidity.
Gensol Engineering
- Gensol Engineering wins EPC contract worth ₹897.47 crore from NTPC Renewable Energy Development.
- Project: 225 MW Solar PV Project at Khavra GSECL Solar Park, Gujarat.
- This includes three years of operation and maintenance.
Power Mech Projects
- The company received an order worth ₹186 crore from Jaiprakash Power Ventures.
- Service: Field Operation and Maintenance for JP Nigri Super Thermal Power Plant (2×660 MW) at Nigri, Madhya Pradesh.
- Duration: 1 January 2025 to 31 December 2029.
Jubilant FoodWorks
- The company signed MOU with Coca-Cola India.
- Deal: Purchase of sparkling beverage products from authorized bottlers of Coca-Cola.
NHPC
- Losses due to flood at Teesta-V power station in Sikkim increased from ₹1,005.1 crore to ₹1,075.97 crore.
- Under insurance claim to the company:
- ₹150 crore (for damage to goods).
- ₹250 crore (for business interruption).
- Subansiri Lower HEP Project:
- Three units will be completed by May 2025 and the remaining five units by May 2026.
Gujarat Fluorochemicals
- The company approved the sale of a 57 MW captive power plant to subsidiary IGREL Mahidad for ₹200 crore.
- Other decisions:
- Investment of up to ₹40 crore in IGREL Mahidad.
- Investment of up to ₹200 crore for 26% stake in Flurry Wind Energy.
- Purchase of power:
- 107 MW from IGREL Mahidad.
- 350 MW from Flurry Wind Energy (₹4/unit).
HMA Agro Industries
- The company’s board approved a credit facility of ₹160 crore from HDFC Bank.
Dixon Technologies
- Dixon Electro Manufacturing signs MOU with Cellcor Gadgets.
- Objective: Manufacturing of refrigerators and associated parts.
RBL Bank
- The bank sold its 8.16% stake in DAM Capital Advisors through the offer for sale window under the IPO.
Dhani Services
- Subsidiary company Juventus Estate received registration from Haryana RERA for residential project “Indiabulls Estate & Club-I” in Sector 104, Gurugram.
SKF India
- The company approved demerger of its industrial business under a wholly owned subsidiary SKF India (Industrial).
- Shareholders will get one share of SKF India (Industrial) for every one share.
Lemon Tree Hotels
- The company signed a license agreement for a 76-room hotel in Bapane, Maharashtra.
- Management: By subsidiary company Carnation Hotels.
- Expected launch: FY 2026.
Bulk Deals Highlights
Aarti Pharmalabs
- Sunil Singhania’s Abacus Asset Managers bought 1.18% stake worth ₹61.52 crore at ₹575.04 per share.
- Promoters Tulip Family Trust and Orchid Family Trust raised ₹57.5 crore by selling 10 lakh shares.
EPACK Durable
- India Advantage Fund S4-I sold 0.58% stake worth ₹28.05 crore at ₹500.12 per share.
One Mobikwik Systems
- Peak XV Partners sold 1.5% stake worth ₹81.63 crore at ₹679.38 per share.
SG Mart
- Oaklane Capital Management bought 1.6% stake worth ₹66.62 crore at ₹370.12 per share.
Today’s Listings and Corporate Actions
Listing:
- Listing of DAM Capital Advisors, Transrail Lighting, Mamta Machinery, Sanatan Textiles, and Concord Enviro Systems on BSE and NSE.
- Entry of New Malayala Steel on NSE SME.
Ex-Date:
- Mazagon Dock Shipbuilders’ Stock Split.
- Bonuses from NMDC and Hardwyn India.
- Rights of Dhanlaxmi Bank and Anupam Finserv.
