Market Commentary     10-Dec-24
Stock Alert
Stock Alert: Metropolis Healthcare, Bharat Electronics, NHPC, Lemon Tree Hotels
Securities in F&O Ban:

PVR Inox, RBL Bank, Granules India and Manappuram Finance shares are banned from F&O trading on 10 December 2024.

Stocks to Watch:

Metropolis Healthcare’s board approved the acquisition of 100% stake in Core Diagnostics for total consideration of Rs 246.8 crore. This strategic acquisition will enhance Metropolis’ capabilities in advanced cancer testing, while deepening its presence in Northern and Eastern India and driving market share expansion in the specialized segment across the country.

Bharat Electronics has received additional orders worth Rs 634 crore, including maintenance of the Aakash missile system, Telescopic sights for guns, communication equipment, jammers, electronic voting machines , test stations, spares and services. With these orders, the company has now accumulated a total of Rs 8,828 crore in orders for the current financial year.

NHPC‘s board will meet on 12 December 2024 to consider a revised borrowing plant for raising debt during FY25, including raising funds through issuance of bonds upto Rs 2,600 crore in one or more tranches via private placement as part of the borrowingplany for FY25.

JSW Steel has reported consolidated crude steel production for November at 23.23 lakh tonnes, up 5% compared to the year-ago period. India operations’ production was higher by7% YoY, with capacity utilization for November at 94% for India Operations.

GE Vernova T&D India has received an order worth Rs 400 crore from Sterlite Power fro the supply and supervision of 765KV power transmission and reactors for the khawda project.

Lemon Tree Hotel has signed a License Agreement for a Lemon Tree Resort in Mirik, West Bengal. The property will be managed by the company's subsidiary, Carnation Hotels, and is expected to open in FY28.

Isgec Heavy Engineering’s non material subsidiary, Isgec Investments Pte Singapore has entered into sale and purchase agreement with Triumph Excel to sell its entire shareholding in its wholly owned subsidiary, Bioeq Energy Holdings One, Cayman Islands, for $10 million (Rs 84.5 crore).

Previous News
  Bharat Electronics gains on bagging Rs 528 cr additional orders
 ( Hot Pursuit - 01-Jul-25   15:15 )
  Bharat Electronics secures orders worth Rs 528 cr
 ( Corporate News - 30-Jun-25   18:30 )
  ISGEC Heavy Engineering to conduct board meeting
 ( Corporate News - 27-Jun-25   11:32 )
  Volumes soar at Metropolis Healthcare Ltd counter
 ( Hot Pursuit - 27-Jun-25   11:00 )
  Bharat Electronics gains after securing additional orders worth Rs 585 cr
 ( Hot Pursuit - 23-Jun-25   11:04 )
  Bharat Dynamics Ltd Spurts 1.53%
 ( Hot Pursuit - 10-Jun-25   09:30 )
  Bharat Electronics signs MoU with Tata Electronics
 ( Corporate News - 06-Jun-25   17:55 )
  Bharat Electronics receives orders of Rs 2,323 cr
 ( Corporate News - 05-Jun-25   19:10 )
  Bharat Electronics secures new order of Rs 537 cr
 ( Corporate News - 04-Jun-25   18:34 )
  Barometers pare early losses; private bank shares jump
 ( Market Commentary - Mid-Session 03-Jun-25   10:38 )
  ISGEC Heavy Engineering
 ( Results - Analysis 31-May-25   12:21 )
Other Stories
  Stock Alert: UCO Bank, Vedanta, Bajaj Finance, PC Jeweller, Yes Bank
  04-Jul-25   08:04
  Stock Alert: V2 Retail, Avenue Supermarts, Baazar Style Retail, RVNL
  03-Jul-25   07:59
  Stock Alert: Hyundai Motor India, Maruti Suzuki India, V-Mart Retail, JSW Energy
  02-Jul-25   07:58
  Stock Alert: Hindustan Copper, CG Power, BEL, Can Fin Homes
  01-Jul-25   08:05
  Stock Alert: Waaree Energies, Asian Paints, Rattanindia Ent, BHEL, Prestige Estates
  30-Jun-25   08:05
  Stock Alert: Hitachi Energy, Power Mech Projects, Torrent Pharma, Western Carriers
  27-Jun-25   08:04
  Stock Alert: Wheels India, Balaji Amines, Ask Automotive, CEAT, H.G. Infra Engg
  26-Jun-25   08:06
  Stock Alert: PTC Inds, Mastek, Aurobindo Pharma, JB Chemicals, Hindalco Inds
  25-Jun-25   08:07
  Stock Alert: Satin Creditcare, KPIT Tech, Lemon Tree Hotels, Metro Brands
  24-Jun-25   08:12
  Stock Alert: Lloyd Metals, CEAT, Waaree Renewable Tech, EMS, Interarch Building
  23-Jun-25   08:02
Back Top