The Indian stock market is expected to open with a negative bias as signalled from the GIFT Nifty. Here is a list of all the top stocks in focus and to watch in today’s trading session.
1. Biocon: The European Medicines Agency has recommended the approval of Yesintek, a biosimilar to J&J’s Stelara, marking a significant step in the biosimilar space for the company.
2. Dixon Technologies: The company has signed a binding term sheet with Vivo India to form a joint venture to undertake the OEM business, enhancing its mobile manufacturing capabilities.
3. Lupin: Acquired three trademarks from Boehringer Ingelheim to strengthen its diabetes portfolio, a strategic move to expand its therapeutic reach.
4. Bharat Forge: Its arm will acquire a 25% stake for ₹22.3 crore in marine robotics player Edgelab, diversifying into advanced robotics solutions.
5. Radico Khaitan: Its premium brand After Dark Whisky has crossed 10 lakh cases in November, achieving 80% growth.
6. Aurobindo Pharma: Its arm has received a positive opinion for biosimilar Zefylti from the European Medicines Agency, strengthening its position in biosimilars.
7. PVR Inox: Opened a 6-screen multiplex in Dehradun, Uttarakhand, expanding its entertainment footprint.
8. RITES: The company bagged a work order worth ₹298 crore from the MEA for an integrated check post project.
9. JK Paper: To consolidate business operations, it has acquired a majority stake in Radhesham Wellpack, aiming for operational synergy.
10. Godrej Agrovet: The Gujarat government allotted land in Vadodara, Surat, and Tapi for oil palm cultivation, boosting agricultural expansion.
11. Borosil Renewables: The board will meet on December 18 to consider a fundraise, signaling growth initiatives.
12. Genus Power: Commenced commercial production at its new manufacturing facility in Assam.
13. HBL Power: Bagged an order worth ₹1,522 crore for KAVACH equipment from Chittaranjan Loco Works.
14. Godavari Bio: To add a 200 KLPD distillery capacity at its Sameerwadi manufacturing unit for an investment of ₹130 crore.
15. Happy Forgings: Secured an order worth ₹140 crore to supply crankshafts, further strengthening its auto-components portfolio.
16. Afcons Infrastructure: Received an LoA from MP Metro Rail Co for an EPC project worth ₹1,007 crore, marking significant progress in urban infrastructure.
17. Aeroflex Industries: The board approved a fundraise of up to ₹400 crore via QIP.
18. 63moons Technologies: The board approved a one-time settlement of ₹1,950 crore as proposed by the NSEL Investors Forum.
19. Lokesh Machines: M&M has canceled its order for the supply of auto-components, which could impact near-term performance.
20. Ceigall India: The Jharkhand State Highways Authority has canceled a project worth ₹207 crore.
These developments will keep the spotlight on these companies during today’s trading session. Investors will closely monitor further updates, especially regarding approvals, fundraises, and operational growth plans.