These stocks are in focus for today, January 2nd, 2025 –
- Sandur Manganese: Approved to enhance annual iron ore production from 3.81 MTPA to 4.36 MTPA.
- VST Tillers: December total sales up 38.5%, at 3,372 units.
- RailTel: Received a ₹78.43 crore work order from Bharat Coking Coal Limited.
- Goa Carbon: Resumed operations at its Bilaspur unit.
- Mercury Ev-Tech: Acquired a significant stake in DC2 Mercury Cars Private Limited.
- VPRPL: Received a Letter of Intent for elevation works at a fintech digital institute, Jodhpur, valued at ₹31.34 crore.
- DCX Systems: Secured a $2.26 million purchase order from Elta Systems.
- Power Stocks: December power consumption rose nearly 6% to 130.40 billion units YoY.
- Maruti Suzuki: December production at 157,654 units, up 30% YoY.
- Gravita: Started recycled aluminum alloy production in Ghana.
- Coal India: December production up 5.33% YoY to 97.94 MT.
- NTPC: Power generation grew 3.82% YoY to 32,600 crore units in Q3.
- Ambuja Cements: Received ‘no adverse observations’ from BSE and ‘no objection’ from NSE.
- CSB Bank: Total deposits rose 22.2% YoY to ₹33,406 crore as of December 31, 2024.
- Vodafone Idea: Expected to launch 5G services in March with competitive pricing.
- South Indian Bank: Advances grew 11.94% YoY to ₹86,965 crore in Q3.
- Indian Bank: MD & CEO Shanti Lal Jain retired on January 1, 2025.
- Rajesh Exports: To subscribe to 25.5 million shares of subsidiary ACC Energy Storage.
- Hindustan Tin Works: Vice President Praveen Jain resigned.
- Tembo Global: Company Secretary Jyoti Rawat resigned, effective January 1, 2025.
- Emerald Tyre: CS Raja Devika Dhivya to resign, effective January 19, 2025.
- Deepak Spinners: CFO Punam Chand Sharma resigned, effective January 1, 2025.
- Tata Motors: Domestic sales grew 1% YoY to 76,599 units.
- Suven Pharmaceuticals: Casper Pharma Private Limited merged with the parent company, effective January 1, 2025.
- Reliance Industries: Acquired Maharashtra’s largest industrial land parcel (5,286 acres) for ₹2,200 crore.
- NMDC: December production at 4.71 MT vs. 4.48 MT YoY.
- HDFC Life: Faces a ₹270.58 crore GST demand, plans to appeal.
- Ceramic Stocks: Propane prices hiked by ₹103 to ₹609/ton in the Morbi region
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