Last updated: Dec 12, 2023 09:05 IST
Stocks to watch on December 12
Stocks to watch: Shares of companies like Infosys, Sun Pharma, Mankind, SpiceJet, Dixon, DLF and others will be in focus during Tuesday's trading.
Stocks to watch: GIFT Nifty on the NSE IX was trading 3 points, or 0.01 percent, higher at 21,144, indicating that Dalal Street was heading for a quiet start on Tuesday. Here you'll find a whole host of stocks that will be in the spotlight today for a variety of reasons.
Infosys: The company's board of directors has appointed Jayesh Sanghrajka as Chief Financial Officer (CFO) with effect from April 1, 2024, replacing Nilanjan Roy.
Coal India: The Ministry of Coal estimates that annual coal production will reach 1.5 billion tonnes by 2029-2030. India's coal production is expected to reach 1.12 billion tonnes by then.
Sun Pharma: The company has increased its offer price to acquire the remaining shares of Taro Pharma to $43 per share in cash, up from $38 previously.
Dixon Technologies: Its wholly-owned subsidiary Padget Electronics has won a contract from Lenovo to produce laptops and notebooks, under the Production-Linked Incentive (PLI) 2.0 Scheme.
Humanity Pharma: According to CNBC-TV18, the company is likely to see a 7.9 percent equity block deal today. The total size of the block deal is likely to be around Rs 5,649 crore. Beige Investment, Link Investment Trust, Cairnhill CIPEF, Cairnhill CGPE and Hema CIPEF are likely sellers in the block deal.
DLF: Group Chief Financial Officer (CFO) Vivek Anand has resigned after four years in office. Anand would remain CFO of the group until February 29, 2024.
SpiceJet: The board of directors meeting has been postponed until December 12 to discuss second-quarter earnings and options for raising new capital.
Mahindra and Mahindra: In November, 69,875 units were produced, an increase of 13.4 percent compared to last year. Total sales grew 24.6 percent year-on-year to 68,760 units, but exports fell 41.8 percent to 1,816 units over the same period.
Jammu & Kashmir Bank: The company launched its qualified institutional placement to raise Rs 750 crore. The floor price for the QIP has been set at Rs 112.66 per share, a discount of 10 percent till the last close.
Disclaimer:Disclaimer: The views and investment tips expressed by experts in this News18.com report are their own and not of the website or its management. Users are advised to contact certified experts before making any investment decisions.