Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
MARKETS

Stocks in Focus: Infosys, NHPC, Vakrangee, and Others

Picture Source: Internet

The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 1.28% lower by 310 points at 23,944, indicating that the domestic benchmark indices are likely to make a negative start on Thursday. 

On Wednesday, 18 December, Domestic benchmark indices S&P BSE Sensex slumped 502 points or 0.62% to end at 80,182 while the Nifty50 traded 137 points lower or 0.56% and settled at 24,199.

Here are some stocks that are likely to remain in focus on 19 December.

Vakrangee: The company has announced its signing of an agreement with Canara Bank as a corporate business correspondent to offer banking services through its Vakrangee Kendra networks. 

NHPC: The company is in talks with the Bhutan government to form a joint venture company to undertake hydropower projects in the country. 

Infosys: The company has inaugurated a state-of-the-art development centre in New Town, Kolkata, which was built with an investment of Rs 426 crore. This marks a significant milestone in West Bengal’s IT growth journey. 

Gandhar Oil Refinery: The company has received an establishment inspection report (EIR) from the US Food and Drug Administration (USFDA) for its manufacturing facility based in Tajola, along with the inspection being classified as Voluntary Action Indicated (VAI) and now closed.  

Shriram Finance: The company has announced that it has raised $1.27 billion through a mix of external commercial borrowing in various currencies, turning it into the largest loan received by a domestic private non-banking finance company. 

Lupin: The company has announced receiving approval from the USFDA for its ANAD (abbreviated new drug application) for HIV tablets that contain emtricitabine and tenofovir alafenamide (200 mg/25 mg). 

Punjab and Sind Bank: The company has announced that it will raise Rs 3,000 crore through the issuance of maiden infrastructure bonds with the aim of expanding infra lending. 

Piramal Enterprises: The wholly-owned subsidiary of the company, Piramal Capital & Housing Finance Limited, is looking to offer counterbids to sell two pools of non-performing loans that are worth Rs 550 crore via a Swiss challenge auction.

The future of investing is here!
Unicorn Signals leverages advanced AI technology to provide you with powerful market predictions and actionable stock scans. Download the app todayand 10x your trading & investing journey!

Get Daily Prediction & Stocks Tips On Your Mobile