As the market gears up for a busy trading day, several stocks are drawing significant attention due to pivotal developments and strategic initiatives. These companies are positioned to impact investor sentiment and market trends, making them essential for traders to monitor closely.
Stocks To Watch 2024
In particular, KEC International’s move to raise ₹4,500 crore through a Qualified Institutional Placement (QIP) stands out, alongside PC Jewellers’ plans for its first stock split. Additionally, the Supreme Court’s upcoming decision on NBCC’s stalled projects could have major implications for homebuyers, further emphasizing the importance of staying informed about these developments.
Stocks To Watch KEC International
| Action | Information |
| Initiating a QIP | Aims to raise ₹4,500 crore |
| Floor price set at ₹976.64 per share | May offer up to 5% discount on the floor price |
Stocks To Watch PC Jewellers
| Action | Information |
| Board meeting scheduled for stock split | Discussing subdivision of shares |
| Current face value of ₹10 per share | First-ever stock split announcement |
Stocks To Watch NBCC
| Action | Information |
| Supreme Court to review project proposal | Completion of 17 stalled projects |
| Affects 27,000 homebuyers | Similar intervention with Amrapali Group |
Stocks To Watch MCX India
| Action | Information |
| Revision of transaction fees | Effective October 1, 2024 |
| New fees: ₹2.1 for Futures, ₹41.8 for Options | per lakh of turnover |
Stocks To Watch NHPC
| Action | Information |
| Raising ₹2,300 crore | Exceeding original target of ₹2,000 crore |
| Plans to securitize returns | From Dulhasti Power Station in Jammu & Kashmir |
Stocks To Watch HDFC Life Insurance
| Action | Information |
| Board meeting on September 27, 2024 | Finalizing terms for NCD issuance |
| Approval to raise up to ₹2,000 crore | Through non-convertible debentures |
Stocks To Watch Delta Corp
| Action | Information |
| Approval of demerger | Hospitality and real estate businesses |
| New subsidiary: Delta Penland | Share entitlement ratio set for eligible shareholders |
Stocks To Watch Easy Trip Planners
| Action | Information |
| Promoter to sell up to 8.5% stake | Through block deals |
| Estimated block size of ₹622 crore | Indicative price of ₹41.5 per share |
Stocks To Watch CarTrade Tech
| Action | Information |
| Significant stake reshuffling | Warburg Pincus sells 8.64% stake |
| Mirae Asset acquires 6.4% stake | Notable ownership changes |
Stocks To Watch JSW Group
| Action | Information |
| Confirms no relocation of EV project | Commitment to original sites in Odisha |
| Initial MoU signed in February | For project establishment in Cuttack and Paradip |
Stocks To Watch Reliance Power
| Action | Information |
| Monitoring ongoing market activities | Insights on investor sentiment |
| Key stock movements to observe | Assessing overall performance |
Stocks To Watch SpiceJet
| Action | Information |
| Recent updates on operational capabilities | Monitoring potential impacts on stock |
| Observing reactions in trading sessions | Noting performance fluctuations |
Stocks To Watch Vodafone Idea
| Action | Information |
| Financial performance updates | Impacting stock trends |
| Stakeholders closely watching developments | Keeping track of key announcements |
Stocks To Watch HDFC Bank
| Action | Information |
| Anticipated market reactions | Corporate news affecting stock performance |
| Key player in the banking sector | Influencing broader market dynamics |
Stocks To Watch Tata Steel
| Action | Information |
| Updates on production capacity | Aiming to enhance market reach |
| Strategic moves expected | Enhancing operational performance |
Stocks To Watch PNB
| Action | Information |
| Financial updates affecting stock trends | Monitoring stock performance closely |
| Key indicators to watch | Impacts on trading activities |
Stocks To Watch Summary
Investors should closely monitor these stocks today, as each represents key developments that could significantly influence market trends. With corporate actions, financial moves, and operational updates in play, being informed about these companies is crucial for making strategic investment decisions.
