Here is a list of the top stocks to watch today:
Tata Strength: Tata Power has asked the Maharashtra Electricity Regulatory Commission (MERC) to relax its cap on fuel adjustment fees to recover the cost of purchased electricity.
M&M, Tata Motors: Competition in the EV industry is expected to heat up, with Ola Electric slated to enter the commercial vehicle space with the launch of three- and four-wheel electric small commercial vehicles (eSCV). Tatas introduced the electric Ace EV, a four-wheeled eSCV, early May, and deliveries are expected to start soon.
Spandana Sphoorty Finance: The company’s board of directors will meet on December 21 to evaluate and approve the fundraising through the placement of private notes.
Specialty Restaurants: The company’s board of directors will meet on December 21 to evaluate and approve the capital increase proposal through the issuance of equity shares or other suitable convertible securities.
Paisalo Digital: Paisalo Digital’s board of directors will meet on December 22 to discuss and issue the Unregistered, Unsecured, Unrated Non-Conversion Notes via private placement.
Steel layout: The steel giant demolished two ancient coke factory buildings at Jamshedpur Works on Sunday, making way for a new battery of coke ovens with cutting-edge technology and increased efficiency.
Jindal Steel and Strength: According to Managing Director Bimlendra Jha, the business is expected to spend Rs 7,930 crore under the PLI scheme for specialty steels to develop high-end alloys in India.
Adani Company: The Gautam Adani-led group aims to invest up to Rs 10,700 crore in the expansion of Lucknow airport, increasing its annual passenger handling capacity from 4 million to 39 million.
Ashoka Building: Ashoka Concessions and Viva Highways subsidiaries have entered into share purchase agreements with National Investment & Infrastructure Fund and Jaora Nayagaon Toll Road for the sale of 100% share capital of JTCL from ACL and VHL to NIIF for Rs 691 crore.
Stocks in the F&O ban: Balrampur Chini, BHEL, Delta Corp, GNFC, Indiabulls Housing Finance, IRCTC and PNB are the seven stocks in the F&O ban period on Monday.