The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a gap-up opening for the index in India with a 143 points gain.
Here is the list of top stocks likely to be in focus on Monday:
Here Are The Stocks To Watch
Sintex Industries: Says Reliance With Assets Care & Reconstruction Enterprise To Bid For Company.
Union Bank of India
Union Bank of India: Additional Tier-I Bonds (Basel III) of Rs 1500 crore assigned AA/Stable rating by CRISIL.
Minda Industries: To enhance two-wheeler alloy wheel capacity by another two million per annum at Supa, Maharashtra. Another subsidiary to also expand its 4W alloy wheel capacity by 30,000 wheels per month at the Gujarat plant.
PowerGrid Corporation: To consider interim dividend on Dec. 15.
Greenlam Industries: To consider the proposal of a stock split.
Burger King India
Burger King India: Board to meet on Dec. 15 to consider and approve the proposal to raise funds by way of further issue of securities through public and/or private offerings including preferential issue, qualified institutions placement, further public offer, or other permissible modes.
Alembic Pharmaceuticals: Announces Seed Round Investment in Rigimmune.
Aurobindo Pharma: Gilead sues Aurobindo to block copies of the Letairis drug.
Cadila Healthcare: Gets tentative approval for Cariprazine capsules.
Godrej Properties: Acquires 100% in Yerwada Developers.
Wabco India: To change the name to ZF Commercial Vehicle Control Systems India subsequent to related party transactions. Both transaction and name change are subject to shareholder approval.
Jubilant Industries: Temporarily closed down manufacturing activities at its plant located in Sahibabad, Uttar Pradesh, upon directions of the Commission for Air Quality Management in NCR.
Dr Reddy’s Labs
Dr Reddy’s Labs: Received approval from the U.S. Food and Drug Administration for ANDA 207577 (VeraRing).
The Phoenix Mills
The Phoenix Mills: Its subsidiary company Island Star Mall Developers and Canada Pension Plan Investment Board have executed a second further funding subscription agreement for the infusion of up to Rs 700 crore towards subscription of equity shares of ISML on a rights basis for deployment towards construction and development of the ongoing projects of its subsidiaries in Pune, Bangalore, and Madhya Pradesh.
SpiceJet: Boeing 737 Max event probed in India after mid-air emergency; SpiceJet aircraft headed to Kolkata turned back to Mumbai.
Beardsell: The company will open its rights issue on December 31, 2021 and close on January 14, 2022. The rights issue price has been fixed at Rs 10 per share.
IndoStar Capital Finance
IndoStar Capital Finance: Amol Joshi has tendered his resignation as Chief Financial Officer of the company