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Stocks to watch: Shares of firms like NTPC Green, IndusInd Bank, Zomato, Vedanta, Indian Oil, and others will be in focus on Monday’s trade
Stocks To Watch: Check Latest Market Trend On December 23
Stocks To Watch On December 23: Markets saw a sharp drop on Friday, losing nearly 1.5% as the corrective phase continued. In today’s trading, shares of RIL, NTPC Green, IndusInd Bank, Zomato, and Vedanta are likely to attract attention due to recent developments.
UltraTech Cement: The Competition Commission of India (CCI) has approved UltraTech Cement’s acquisition of India Cements.
NTPC Green Energy: The company has signed a Memorandum of Understanding (MoU) with the Bihar government to launch renewable energy projects in the state.
Vedanta: The mining giant has announced that it will consider the demerger of its base metals business at a later date, while the share entitlement ratio for the demerger of its remaining five businesses will remain unchanged.
Zomato: Zomato’s stock will be under the spotlight today as the food delivery company becomes the first new-age tech firm to join the BSE Sensex’s 30-share frontline index.
RIL: Reliance Industries’ wholly-owned subsidiary, Reliance Digital, has entered into definitive agreements to acquire a 45% equity stake in Health Alliance Group Inc.
NHPC: NHPC has signed an MoU with the Bihar government to invest Rs 5,500 crore in solar energy and green hydrogen projects.
Piramal Enterprises: The board of Piramal Enterprises has approved raising up to Rs 2,000 crore through a qualified institutional placement, in one or more tranches.
IndusInd Bank: The Reserve Bank of India (RBI) has imposed a penalty of Rs 27.30 lakh on IndusInd Bank for failing to adhere to certain regulatory norms.
Indian Oil: The Indian Oil Corporation (IOC) board has approved an investment of Rs 657.33 crore in a yarn project at Bhadrak, Odisha.
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