The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.10% lower by 23 points at 24,522, indicating that the domestic benchmark indices are likely to make a negative start on Thursday.
On Wednesday, 4 December, Domestic benchmark indices S&P BSE Sensex grew 110 points or 0.14% to end at 80,956 while the Nifty50 traded 10 points higher or 0.14% and settled at 24,467.
Here are some stocks that are likely to remain in focus on 5 December.
Waaree Energies: The company is aiming to set up an 11.4 GW integrated solar manufacturing facility by FY27. The company will commission 5.4 GW of solar cell manufacturing capacity for a total cost of Rs 2,400-2,500 crore during the ongoing fiscal year.
L&T Technologies: The company has announced that it is securing a $50 million deal from a global network solutions company to provide integration services in North America.
Suzlon Energy: The company’s group has announced the acquisition of a significant 302.4 megawatt wind power project from Jindal Renewables.
Bharti Airtel: The company has announced securing a multi-year extension deal with Ericsson, wherein Ericson will deploy Open RAN-ready and centralised Radio Access Network (RAN) solutions.
Swiggy: The food delivery major is looking to increase their delivery fees, which it charges from the customer on its Instamart platform, aiming towards improving Instamart’s economy.
Torrent Pharma: The company has announced its plans to acquire brands Xilingio, Cospiaq Met, and Cospiaq from Boehringer Ingelheim International GmbH. The proposed acquisition is expected to be completed by March 2025.
Bondada Engineering: The company has announced securing an order worth Rs 108 crore from the Bihar Renewable Energy Development Agency for the design, supply, installation, testing, and commissioning of smart solar street light systems.
HT Media: The company has received approval from the National Company Law Tribunal (NCLT) to merge HT Mobile Solutions with the company.
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