These shares will provide huge profits in the period of selling in share market, all important levels including entry and exit to print big money in intra-day.
Business News Desk – Selling pressure is visible in the domestic stock market amid positive signals from most of the markets. Weak GDP and core sector data created selling pressure due to which equity benchmark indices BSE Sensex and Nifty 50 fell. They have once again slipped 8 percent below the record high. Last month, on September 27, Sensex had reached very close to 86 thousand in intra-day at 85,978.25 and Nifty had also reached near 26300 at 26,277.35. Now talking about individual stocks, there may be movement in the stocks today due to auto sales figures for the month of November as well as some corporate actions. All this is being told here-
Stocks to Watch: Keep an eye on these stocks
Cipla
According to information received from sources by CNBC-TV18, the promoters can sell 1.72% stake in Cipla through a block deal. In this deal of Rs 2000 crore, shares can be sold at the price of Rs 1,442 per share.
Home First Finance Company India
The promoters of Home First Finance Company can sell 14.7% stake in it through a block deal on Monday. CNBC-TV18 has received this information from sources. The block size is Rs 1,267 crore and the floor price is expected to be Rs 968 per share. Under this, True North Fund V LLP (Warburg Pincus), Orange Clove Investment BV and Ather (Mauritius) are planning to sell shares.
biocon
Biocon Biologics, a subsidiary of Biocon, has announced the approval of YESINTEK (Ustekinumab-kfce) from the US Food and Drug Administration (FDA). This reference product is a biosimilar to Stelara (ustekinumab). YESINTEK is a monoclonal antibody used to treat Crohn’s disease, ulcerative colitis, plaque psoriasis, and psoriatic arthritis.
Aster DM Healthcare
Aster DM Healthcare and Blackstone-invested Care Hospitals are going to merge, after which it will become one of the three largest hospital chains in the country. As part of the merger plan, Aster will buy 1.9 crore shares of Quality Care India (Care Hospitals) from DM Blackstone and Centella at Rs 445.8 per share and issue its 1.86 crore shares to Quality Care shareholders at Rs 456.33 per share .
TVS Motor Company
TVS Motor Company has signed an agreement to acquire 7,914 additional equity shares (39.11% stake) in DriveX Mobility for Rs 97.8 crore. After this, TVS Motor’s stake in DriveX will increase to 87.38%.
Cochin Shipyard
Cochin Shipyard has signed a Rs 1,000 crore contract with the Defense Ministry to carry out short refit and dry docking of a large naval ship. This project is of approximately 5 months duration.
KEC International
KEC International, an RPG Group company, has won new orders worth Rs 1,040 crore for its transmission and distribution (T&D) business from global markets.
DLF
DLF Info City Developers (Kolkata), a subsidiary of DLF, has decided to sell its Kolkata Tech Park 1 business to RDB Primark Techno Park LLP (a subsidiary of Primark and RDB Group) for Rs 637 crore under a definitive agreement. Kolkata Tech Park 1 is a leading IT park in Eastern India with a gross leasable area of 14.9 lakh sq. ft.
Greaves Cotton
Greaves Cotton has announced that the board of Greaves Electric Mobility has approved the IPO. Under this IPO, new shares will be issued and shares will also be sold under the Offer for Sale window. Meanwhile, Greaves Cotton subsidiary Excel Controllinx has appointed Neeraj Sharan as its new executive director and CEO.
RBL Bank
RBL Bank and Bajaj Finance have decided to stop issuing their co-branded credit cards. However, RBL Bank will continue to provide services for the 34 lakh co-branded credit cards issued under this partnership.
GP Petroleum
GP Petroleum has entered into an agreement with Hindustan Petroleum Corporation (HPCL) for the supply of VG30 bulk bitumen. This contract is for one year which can be extended for one more year. The value of this contract is Rs 223 crore.
Lemon Tree Hotels
Lemon Tree Hotels has signed license agreements for two hotel properties in Mussoorie and Varanasi. Both of these will be managed by its subsidiary Carnation Hotels. Lemon Tree Hotels’ ‘Keys Prime’ in Mussoorie will open in FY 2026 and ‘Lemon Tree Hotel’ in Varanasi in FY 2028.
Bharat Petroleum Corporation
Bharat Petroleum Corporation (BPCL) has issued a corporate guarantee of $309 million to its subsidiary Bharat Petro Resources Limited (BPRL) International BV for a $300 million 5-year term loan availed from SBI.
Oil and Natural Gas Corporation (ONGC,
ONGC Videsh has completed the acquisition of 0.615% participating interest (PI) in the Azeri Chirag Gunashli (ACG) field in Azerbaijan from Equinor. This also includes the acquisition of 0.737% shares in Baku-Tbilisi-Ceyhan (BTC) Pipeline Company through ONGC BTC. The total investment for this acquisition is approximately US$60 million. This acquisition is in addition to ONGC Videsh’s existing 2.31% stake in the ACG field and 2.36% stake in the BTC pipeline.
Paradip Phosphate
Paradip Phosphate plans to shut down its ammonia and urea plants in Goa to replace catalysts in primary and secondary reformers as well as LTS converters.
McLeod Russell
McLeod Russell’s IT infrastructure was attacked by ransomware. However, the management took immediate action and initiated necessary precautions to minimize its impact. The company has not reported any significant impact on business due to this incident.
