Stocks to Watch: The beginning of the fourth trading day of the week for the Indian stock market may be weak considering the profit booking from the global market. At 7:30 am, GIFT Nifty was at 21,143, down 70 points from its last close. With the new variant JN.1 being detected in states like Goa, Kerala and Maharashtra, sentiments may remain calm due to the fear of new Covid-19. The Dow and S&P 500 fell 1.27 percent and 1.47 percent, respectively, overnight, while the Nasdaq Composite lost 1.5 percent. Asian shares also declined. Japan’s Nikkei fell 1.4 percent, leading to losses in the sector. Australia’s S&P/ASX 200 and South Korea’s Kopsi fell by 0.6 percent.
inox india: The company made its debut in the stock market today. Its issue price is Rs 660.
zee entertainment: Sony Pictures Networks has agreed to discuss with the company a possible extension of the date of completion of its merger deal.
Allcargo Logistics: LCL volumes for November were a marginal decline of 0.35 per cent compared to last year. It said that in line with expectations, demand remained low, reflecting the difficult macroeconomic environment for global trade. It said shipping lines are expected to avoid the Red Sea due to ongoing attacks by Yemen, which will cause longer journey times, disrupt sailing schedules, impact transit costs and cause freight rates to fluctuate in the near term. Could. It has fixed January 2, 2024 as the record date for the 3:1 bonus share issue.
UltraTech Cement: The company has entered into an agreement to acquire 26 percent stake in Clean Max Terra.
Mazagon Dock Shipbuilders: The company has received an order worth Rs 1615 crore from the Defense Ministry for the supply of six ships to the Indian Coast Guard (ICG).
Cochin Shipyard: It has also signed a contract worth Rs 488.25 crore with the Defense Ministry.
ICICI Bank: RBI has approved the reappointment of Sandeep Batra as Executive Director with effect from December 23.
Tips Industries: Promoters of the music record label, including Kumar Taurani and Ramesh Taurani, have sold 6.07 percent stake in the company.
DLF: Amid strong demand for property, the company has sold independent floors and commercial plots in Haryana’s Gurugram and Panchkula for about Rs 1,400 crore.
flair writing: Its second-quarter revenue rose 4.2 percent quarter-on-quarter to Rs 257 crore, while profit rose 3 percent to Rs 33 crore.
AstraZeneca Pharma: It will launch Enhertu in India in January 2024. Trastuzumab deruxtecan (Enhertu) is indicated for the treatment of adult patients with unresectable or metastatic HER2-positive breast cancer.
velocity: It has received a government work order for the development and management of at least 50 tents in Agatti Island in the Union Territory of Lakshadweep. Its board will also meet on December 26 to consider raising funds.
Jyoti Structure: Its board has approved the rights issue of Rs 175 crore.
macro international: It has raised Rs 15 crore through a preferential issue at a valuation of Rs 30 per share.
Greatex Corporate: Its unit Greatex Share Broking has submitted IPO DRHP with SEBI.