🇮🇳 India Daybook ~ Stocks in News

Positive Buzz

• Max Healthcare: The company is set to establish a new hospital, indicating expansion and potential growth.
• NBCC India: Shares came into focus after the company secured an order worth ₹1.79 billion from the Indian Institute of Management (IIM) Sambalpur for project management consultancy for Phase-II development of its permanent campus. This marks its fifth order in December.
• Aeroflex Industries: Shares surged following the announcement of capacity expansion initiatives and a fund-raising plan. This includes manufacturing liquid cooling skids for data centers and installing robotic welding lines.
• Gujarat Ambuja: Shares rose after the commissioning of its maize fermentation plant for manufacturing sodium gluconate.
• Ather Energy: Gained 5% as its board approved entry into the insurance business through an agent subsidiary.
• Tata Steel: Infused ₹1,354.94 crore into its wholly-owned foreign subsidiary, T Steel Holdings, by subscribing to equity shares.
• Soma Textiles: Received a ₹281 crore order from roadway solutions India for construction work.
• Krishna Institute of Medical Sciences (KIMS): Acquired a 6.94% stake in Sarvejana Healthcare for ₹148 crore, increasing its total shareholding to 75.53%.
• Jio Financial Services: Recommended as a "buy" by analysts, showing early signs of a bullish reversal and forming a strong bullish candle.
• Bharat Electronics Limited (BEL): Analysts recommend "buy," noting signs of a bullish reversal, trading above its 200-day exponential moving average, and approaching its 20-day EMA.
• Asian Paints: Recommended as a "buy" by analysts, having witnessed a strong impulsive rally and breaking out from a prolonged consolidation zone.
• Infosys: Reached a settlement in principle to resolve all pending class action lawsuits against its subsidiary, McCamish Systems LLC, and certain customers, agreeing to pay $17.5 million into a fund. Additionally, IT stocks, including Infosys, are in focus due to positive global cues and better-than-expected quarterly results from Accenture, along with optimism around Tata Consultancy Services' long-term AI strategy.
• Varun Beverages, Tech Mahindra, Rites, Shriram Finance: Identified as stocks to watch with a positive outlook for the day.
• Lenskart Solutions: Shares soared 10% on huge volumes, trading at a new high, suggesting significant opportunity in the organized eyewear market.
• Groww: Parent company Billionbrains Garage Ventures saw its share price jump after Jefferies initiated coverage with a 'Buy' rating, projecting a 25% upside.
• JK Tyre: The stock appreciated by 10% after HDFC Mutual Fund acquired a 0.09% stake.

Neutral Developments

• ICICI Bank: The company received a GST demand order of nearly ₹80 crore, including interest, from the Ranchi Tax Body. However, it was also among the top losers on Friday.
• Ola Electric Mobility: Shares are buzzing after the promoter, Bhavish Aggarwal, completed a limited monetization of a small portion of his personal shareholding.
• Power Grid Corporation of India: The company approved the merger of 13 wholly-owned subsidiaries into two other arms.
• DCM Shriram Industries: Extended the record date for allotment of shares in DCM Shriram Fine Chemicals and DCM Shriram International to December 26, 2025.
• Excelsoft Tech: The board withdrew a corporate guarantee worth ₹300 crore previously issued in favor of Vistra ITCL (India).
• Tega Industries: Granted listing approval for 85.9 lakh shares allotted to promoters and non-promoters on a preferential basis.
• Voltas: HDFC Securities maintained an 'Add' rating but sees a delayed growth recovery, valuing the company with a target price of ₹1,430 per share.
• Canara Robeco AMC: Shares will trade ex-dividend today.
• Knowledge Marine & Engineering Works: Shares will trade ex-split today.
• Pulsar International: Shares will trade ex-date for rights issue today.
• Vidya Wires: Will announce its quarterly results today.
• YES Bank, RBL Bank, Bandhan Bank: These midcap banking stocks are expected to be under traders' spotlight. While Bandhan Bank has reclaimed 10 & 20-days SMA, YES Bank is maintaining a lower top lower bottom formation, signaling weakness.

Negative News

• ZF Commercial: Received a GST demand order of nearly ₹80 crore, including interest, from the Ranchi Tax Body.
• HCL Technologies: Was among the top losers on Friday.
• Kotak Mahindra: Was among the top losers on Friday.

TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex

Tags: Stocks in News Stock Market Buzzing Stocks Nifty Sensex