Here’s a comprehensive list of stocks that are likely to be in focus on December 26, 2024, along with the key developments:
1. BPCL
- Key Development: Emerged as the lowest bidder for a 150 MW ISTS-connected solar PV power project by NTPC.
- Project Details:
- Capital Outlay: Rs 756 crore.
- Expected Annual Revenue: Rs 100 crore.
- Clean Energy Production: ~400 million units.
- Project Details:
2. NALCO
- Key Development: Signed a mining lease deed for Utkal-D and Utkal-E coal blocks to enhance coal production capacity to 4 MTPA.
3. Welspun Corp
- Key Development: Secured an order worth Rs 130 crore from Saudi Arabia for steel pipes and coating.
4. Ola Electric
- Key Development: Expanded its store count to 4,000, reaching beyond metro cities into Tier-1 and Tier-2 regions.
5. Ceigall India
- Key Development: Arm Ceigall Ludhiana Bathinda Greenfield Highway signed a concession agreement with NHAI for a Rs 981 crore project.
6. Ramky Infrastructure
- Key Development: Received a Letter of Acceptance (LoA) from the Hyderabad Metropolitan Water Supply and Sewerage Board for a five-year project worth Rs 215.08 crore.
7. Panacea Biotec
- Key Development: Secured a Letter of Award (LoA) from UNICEF for supplying 115 million doses of its polio vaccine worth Rs 127 crore.
8. Max Estates
- Key Development: Acquired three floors in ‘Max Towers’ from Max India for Rs 105 crore.
9. Epack Durable
- Key Development: Clarified that talks regarding a stake sale in its arm with a China TV player are in the preliminary stages.
10. Share India Securities
- Key Development: To invest Rs 59.50 crore in Metropolitan Stock Exchange for a 5% stake.
11. Gland Pharma
- Key Development: Its arm received 10 observations from France’s Health Safety Body, ANSM, following an inspection of the Fontenay manufacturing unit.
Bulk and Block Deals
1. Snowman Logistics
- Bulk Deal: Promoter Gateway Distriparks purchased nearly 1% stake at an average price of Rs 75.45 per share.
2. Manorama Industries
- Block Deal: LIC Mutual Fund, Aditya Birla Sun Life Mutual Fund, and Bank of India Mutual Fund collectively purchased a 3.05% stake at an average price of Rs 1,100 per share, valued at Rs 200 crore.
SME IPOs Listing on December 26
- Identical Brains Studios: Expected listing.
F&O Ban
- RBL Bank: Stock remains in the F&O ban list.
Investors are advised to stay updated on these developments for informed trading decisions on December 26, 2024.