GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Tuesday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty was trading 48 points or 0.20% higher at 23,787 indicating a higher start for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously, on Monday, the NSE Nifty 50 closed the session 166 points or 0.70% higher at 23,753, while the BSE Sensex rose 498 points or 0.64% to close at 78,540.
Stocks to watch on December 24, 2024
Adani Enterprises
Adani Enterprises announced that its wholly owned subsidiary, Adani Defence Systems & Technologies (ADSTL) has signed a share purchase agreement to acquire 85.8% shareholding in Air Works India (Engineering), a private sector MRO company with a pan-India footprint. The cost of acquisition would be at an enterprise value of Rs 400 crore, the company said in a regulatory filing.
Sansera Engineering
The Karnataka government approved nine industrial projects with a total investment of Rs 9,823.31 crore, expected to create approximately 5,605 jobs. Sansera Engineering was awarded Rs 2,150 crore investment at Harohalli, estimated to generate 3,500 jobs.
NTPC
NTPC has signed an initial pact with GRIDCO and CRUT to set up green hydrogen infrastructure in Odisha. NTPC has signed a Memorandum of Understanding (MoU) with GRIDCO, a Government of Odisha undertaking for Energy and Capital Region Urban Transport (CRUT), the public transit agency of the state government, as per a statement.
Kalyani Investment Company
Kalyani Investment Company, one of the promoter group entities of Bharat Forge, has settled a case with Sebi about the alleged violation of disclosure norms after paying Rs 1.12 crore towards the settlement fee.
Bharat Electronics
Bharat Electronics (BEL) announced that it has secured additional orders worth Rs 973 crore since its last disclosure on December 9, 2024. With these orders, the company’s total order book for the current financial year (FY25) now stands at Rs 9,801 crore, as per an exchange filing.
Waaree Energies
Waaree Energies’ board has approved three investment proposals aggregating Rs 850 crore to set up electrolyser and storage cell manufacturing facilities.
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