Share Market: These shares including SBI, Salasar Techno, Tata Power, Alkem will fill the market, prepare the list now
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Stock To Watch Today: Tremendous action can be seen in the Indian stock market today. There may be enthusiasm in the market due to the election results of five states and the monetary policy review meeting of the Reserve Bank to be held this week. Meanwhile, today good signals are also being received from the global market. Gift Nifty is trading up 300 points. Elsewhere in Asia, Australia’s ASX was trading up 0.98 per cent, South Korea’s Kospi was up 0.56 per cent and Hong Kong’s Hang Seng was up 0.51 per cent. Japan’s Nikkei is trading at a loss of 0.45 percent. In the US on Friday, the S&P 500 and Dow Jones Industrial Average rose 0.59 per cent and 0.82 per cent respectively. The tech-heavy Nasdaq Composite rose 0.55 per cent. In such a situation, investors will keep an eye on these shares in the market.
SBI, Titan: Motilal Oswal Financial Services believes that the clean sweep of the Bharatiya Janata Party (BJP) in three states (Rajasthan, Madhya Pradesh, Chhattisgarh) is a very good sign for the macro and policy momentum for India. In such a situation, it is expected that this victory will benefit 14 stocks including State Bank of India, Axis Bank, M&M, Hero MotoCorp, L&T, UltraTech Cement, Titan, Indian Hotels Company, Lemontree Hotels, Angel One and Medanta.
Hindustan Unilever:The company decided to split its beauty and personal care business into two separate divisions.
GAIL (India): The company has filed an arbitration case worth up to $1.817 billion in the London Court of International Arbitration against SEPE Marketing & Trading Singapore Pte Ltd.
KPI Energy: KPI Green Energy Limited has secured a new order of 4.40 MW from Sun Drops Energia Pvt. Ltd. for implementation of solar power projects.
AstraZeneca Pharma: AstraZeneca Pharma India Limited has received permission to import the pharmaceutical formulation of the new drug (Breztree Aerosphere) for sale or distribution. Meanwhile, its Anglo-Swedish parent company AstraZeneca has signed a deal worth up to $247 million with US artificial intelligence (AI) biologics firm Absi to design antibodies to fight cancer, the Financial Times reported on Sunday. .
HFCL: Telecom gear maker has received an order worth about Rs 67 crore for supplying optical fiber cables to domestic telecom operators.
Salasar Techno Engineering:The company won a contract worth Rs 364 crore from Tamil Nadu Generation and Distribution Corp.
Life Insurance Corporation (LIC): State-owned insurer Life Insurance Corporation of India on Saturday said it has amended a framework to allow inclusion of shareholder directors on its board.
Tata Power: Tata Power has won the bid to acquire Bikaner-III Neemrana-II Transmission Limited, a transmission project special purpose vehicle (SPV) set up by PFC Consulting Limited.
Kamat Hotel: The chain has opened Orchid Hotel in Jamnagar, Gujarat.
Lemon Tree Hotel: The hotel chain has opened Lemon Tree Hotel in Hubli. This is the group’s eighth property in Karnataka.
Bajaj Healthcare: CFO Rupesh Nikam resigned from the post on 1 December.
Alkem Labs: Alkem Labs has received Form 483 with three observations from the United States Food and Drug Administration (USFDA) at the end of the inspection conducted at the company’s API manufacturing facility in Mandwa.
Granules India: The US Food and Drug Administration (USFDA) granted approval to Granules Pharmaceuticals, Inc., the company’s wholly owned foreign subsidiary, for sildenafil for oral suspension. The abstract new drug application (ANDA) filed by (GPI) is approved. mg/ml.
Avantel: Provisional purchase order of Rs 67.92 crore has been received from NewSpace India Limited for supply, installation and commissioning of Satcom Terminals (Expanders).
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