Stocks To Watch: Adani Green Energy, J&K Bank, Vodafone Idea, L&T, Shoppers Stop, IRFC, Allcargo Gati, Premier Energies

GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Wednesday. Here’s a look at the key stocks to watch in trade.

Stocks in Focus: GIFT Nifty was trading 40 points or 0.17% higher at 23,304 indicating a higher start for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously, on Tuesday, the NSE Nifty 50 closed the session 90 points or 0.39% higher at 23,176.05, while the BSE Sensex rose 169.62 points or 0.22% to close at 76,499.63.

Stocks to watch on January 15, 2024 Adani Green Energy

Adani Renewable Energy Forty Eight Limited, a step-down subsidiary of Adani Green Energy (AGEL) announced that it has commissioned a 57.2 MW wind power component of its wind-solar hybrid project at Khavda, Gujarat. 

J&K Bank 

SEBI has issued an administrative warning letter to J&K Bank for regulatory non-compliance with regard to the disclosure of the appointment of its MD & CEO. The disclosure was made on December 25, 2024, at 4:53 PM with a delay of 1 hour 40 minutes beyond the stipulated timeline of 24 hours from the time for the occurrence of the event (RBI’s approval) i.e. December 24, 2024, at 3:14 PM, Sebi’s letter posted by J&K Bank on stock exchanges on Tuesday said.

Vodafone Idea 

Vodafone Idea has partnered with HCLSoftware to make its 4G and 5G networks more efficient. The telecom operator uses HCL Augmented Network Automation (HCL ANA), a multi-vendor self-optimising network platform, to manage its Ericsson and Samsung networks.

L&T

Larsen & Toubro has launched the second multi-purpose vessel for the Indian Navy from its Kattupalli Shipyard near Chennai. The launch of the vessel, christened INS Utkarsh, comes within three months of the launch of the first MPV INS Samarthak.

Shoppers Stop 

Shoppers Stop announced its fiscal third-quarter earnings report with a profit of Rs 52.23 crore, posting a growth of 41.74 per cent in comparison to Rs 36.85 crore during the same period last year. The company posted a quarterly profit growth after two-quarters of loss. 

IRFC

Indian Railway Finance Corporation said it has emerged as the lowest bidder (L1) to finance Rs 3,167 crore for the development of the Banhardih coal block in Latehar District, Jharkhand.

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