The Indian markets are set for another active trading day as several key companies announce developments that could impact their performance. Here is a list of all the top stocks in focus and to watch in today’s trading session.

Stocks in the Green

  1. Ambuja Cements (AMBUJA)
    •  The company’s board has approved a merger with Sanghi Industries at a 12:100 share swap ratio. Additionally, it plans to merge Penna Cement with its operations.
  2. JSW Energy (JSWENERGY)
    •  According to Reuters, LG is in talkswith JSW Energy to collaborate on battery manufacturing for electric vehicles (EVs).
  3. RITES Limited (RITES)
    •  The company secured a ₹122.6 crore order from the Meerut Development Authority.
  4. RBA (RBA)
    •  The board will meet on December 20 to discuss plans for a potential fundraise.
  5. Inox Wind (INOXWIND)
    • Inox Wind has received a 60 MW equipment supply order from Serentica Renewables for wind turbines.
  6. Edelweiss Financial Services (EDELWEISS)
    • The Reserve Bank of India (RBI) has lifted restrictions on the activities of ECL Finance and Edelweiss Asset Reconstruction Company (ARC).
  7. Route Mobile (ROUTEMOBILE)
    •  Proximus Group has consolidated its global operations into a single entity, Proximus Global, which may impact Route Mobile’s collaboration.
  8. Aditya Birla Real Estate (ABREAL)
    •  The company acquired a 70.92-acre land parcel in Boisar for ₹104.3 crore.
  9. Kirloskar Ferrous Industries (KIRLOSFER)
    •  The company has commenced dispatches of iron ore from the Bharath Mines.

Stocks in the Red

  1. Sanghi Industries (SANGHIIND)
    •  The company is set to merge with Ambuja Cements, with a share swap ratio of 12 Ambuja shares for every 100 Sanghi shares.
  2. Aurobindo Pharma (AUROPHARMA)
    •  The US FDA has issued two procedural observations for its Telangana-based API manufacturing unit.
  3. VA Tech Wabag (VATECH)
    •  A ₹2,700 crore order from the Saudi Water Authority has been canceled.
  4. Yatharth Hospital (YATHARTHHOSP)
    •  The Assistant Commissioner has attached unquoted equity shares held by the company in various entities.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.