The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.16% higher by 39 points at 24,001, indicating that the domestic benchmark indices are likely to make a positive start on Monday.
On Friday, 27 December, Domestic benchmark indices S&P BSE Sensex surged by 227 points or 0.29% and settled at 78,699, while the Nifty50 traded 63 points higher or 0.27% and settled at 23,813.
Here are some stocks that are likely to remain in focus on 30 December.
Vodafone Idea: The company has received a waiver of bank guarantee for spectrum auctions held in 2012, 2014, 2016, and 2021. The proposed waiver is only applicable if the pro-rated value of spectrum used from the date of allocation till the end of three months after the due date of payment of the next instalment is less than the value of the payment made by the telecom operator on a net present value basis.
Zydus Wellness: The company’s wholly-owned subsidiary, Zydus Wellness Products, has received a GST demand worth Rs 56.33 crore, along with applicable interest and penalty from the Directorate General of Goods and Services Tax Intelligence, Surat Zonal Unit.
Adani Green Energy: The company has announced the incorporation of a new wholly-owned subsidiary, Adani Green Energy Sixty Eight Limited. The main objective of this new wholly-owned subsidiary is to generate, develop, transform, distribute, transmit, sell and supply any kind of power or electrical energy using wind energy, solar energy or other renewable sources of energy.
NTPC: The company has signed a strategic agreement with Clean Core Thorium Energy (CCTE), which is based in the US, to explore the development and deployment of advanced nuclear energy for enriched life.
JSW Energy: The company has announced signing an agreement to acquire O2 Power’s green energy platform for a total enterprise value of $1.47 billion.
BPCL: The company has announced its plans to invest $11 billion in southern Andhra Pradesh state to set up a new refinery and petrochemical project to cater to the growing fuel demand of the country.
Granules India: The company expects that its new drug applications from its Gagillapur facility in Hyderabad will receive approval from the US Food and Drug Administration (USFDA) by the first quarter of the next fiscal year.
PNC Infratech: The company has received approval from the National Highways Authority of India to transfer a 100% stake held by its arm, PNC Infra Holdings, in PNC Chitratlurga Highways (SPV) to the Highways Infrastructure Trust.
Max Estates: The company has announced that it is selling a luxury residential project in Noida worth around Rs 845 crore amid strong demand.
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