Stocks to Watch: New Listings, TCS Earnings and Strong Intraday Performance
Today’s GIFT Nifty suggesting a negative behavior of the domestic market to the global setups. In the previous trading session, the BSE Sensex and Nifty 50 both traded lower but later today faced a sharp recovery during the last hour. The closing performance had the Sensex fall by 50.62 points or 0.06% and closed at 78,148.49, while the Nifty closed at a nearly identical at 0.08% but a quarter more making in sit at 23,688.95 points.
Performance to Watch
- TCS
- Tata Elxsi
- IREDA
- GTPL Hathway
- Yash Highvoltage
- Padam Cotton Yarns
- Vivo Bio Tech
Stocks that are Suited for the Watchlist
Borosil Renewables
They have now resumed work on the enhancement of the solar glass production capability which was at a standstill since the very start of the PV solar panel manufacturing business. This development is deemed to be a monumental one in the solar energies supply chain.
Prataap Snacks
Under the deal Prataap Snacks has agreed to CID Defenders and Elastica for a 26% sales stake for 544 crores.
NTPC Green Energy
A joint venture has been created between NTPC Green Energy and Rajasthan Rajya Vidyut Utpadan Nigam in the ratio of 74:26. This joint venture has been formed with the sole purpose of developing and managing a renewable energy park in Rajasthan, primarily concentrating on green hydrogen derivatives.
Hindalco Industries
Hindalco has made an exciting announcement which comes from their U.S subsidiary. A total of $500 million in senior unsured notes will be issued, which will be maturing in 2030.
Page Industries
The meeting to appoint members for Page Industries set for February 5 will also determine the third interim dividend.
PI Industries
PI Industries owes approximately ₹37 crore alongside a redemption fine and an interest penalty of up to ₹43 crore; Customs Commissioner Jawaharlal Nehru Custom House (JNCH) sent them a notice regarding the customs duty discrepancy.
Everest Organics
Everest Organics have scheduled talks on January 15 regarding the issuance of 263,157 of convertible warrants of face value equal to ₹10 each and 1.71 million shares of shares at ₹ 152 a share.
Moneyboxx Finance
New branch has been launched by Moneyboxx Finance in the Bhagalpur city.
Bulk Deals
Kingsman Wealth Fund PCC Auris Special Opportunities Fund: 68,800 shares of Apex Ecotech Limited have been sold at the price of ₹137.51 for each share.
Minerva Ventures Fund: Bartronics India Limited equity shares was sold for 1.712 million shares for ₹24.43 each.
Folios Advisory LLP: Jyoti Structures Limited sold 5.5 million share for ₹25.12 each.
New Listings
Stocks of Parameshwar Metal and Devinsans Retail are expected to be live on the BSE SME today.
F&O Updates
L&T Finance, Bandhan Bank, Hindustan Copper, Manappuram Finance and RBL Bank are some of the stocks in F&O that cannot have positions initiated today.
Traders are able to spot probable intraday opportunities for high profit by monitoring these activities and outcomes.