The Indian stock market is expected to open on a quiet note today, with GIFT Nifty futures signalling a flat start for both the Sensex and Nifty 50. Here’s a quick look at the major stocks in focus today based on key corporate developments and regulatory updates.
Top Stocks to Watch Today
Maruti Suzuki
The automaker has unveiled its first electric vehicle, the e-Vitara, offering a claimed range of 543 km. The company has also introduced its EV ecosystem as part of its long-term electrification strategy.
Adani Enterprises
Adani Enterprises has diluted its stake in its subsidiary Astraan Defence, transferring the stake to its joint venture partner MSM Group.
Dr. Reddy’s Laboratories (DRL)
The Delhi High Court has permitted the manufacturing of semaglutide, a diabetes and anti-obesity drug, in India, along with approval to export it.
Sun Pharma
The board has approved an investment proposal of ₹3,000 crore to establish a formulations manufacturing facility in Madhya Pradesh.
Canara Bank
The bank has raised ₹3,500 crore through Tier-1 bonds at a coupon rate of 7.55%.
Oil India
The Finance Ministry has approved the upgradation of Numaligarh Refinery Ltd. (NRL) to Navratna status, giving it greater operational and financial autonomy.
IRFC
Indian Railway Finance Corporation has signed an agreement with Sumitomo Mitsui Banking Corporation at GIFT City to raise USD 300 million via external commercial borrowing (ECB).
OneSource
The Delhi High Court has granted approval for the manufacturing and export of semaglutide in India.
Bank of Maharashtra
The government will exercise the greenshoe option under the ongoing Offer for Sale (OFS), allowing it to sell additional shares.
Apeejay Surrendra Group
The company has signed a lease agreement with Katsons Hotel for a 42-room boutique property named ‘Casa De Katson’.
Hindustan Copper
The company has entered into an MoU with NTPC Mining to jointly participate in copper and critical mineral block auctions.
Rallis India
ASK Investment Managers has purchased 11.23 lakh shares of the company at ₹266.7 per share through block deals.
PSU Banks
The Ministry of State for Finance clarified that there is no approved proposal to raise FDI limits in public sector banks to 49%.
Angel One
For November, the brokerage reported an 11.1% decline in gross client acquisition and a 12.3% month-on-month drop in total orders.
Embassy Developments
The company has forfeited ₹133 crore of application money after investors failed to exercise their allotted warrants.
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