Stocks to Watch: The beginning of the new year was great for the stock market. Talking about today, there are mixed signals from the global market. At the end of the day one trading day ago i.e. on January 1, 2025, the Sensex closed at 78,507.41 with a jump of 368.40 points or 0.47% and the Nifty closed at 23,742.90 with a jump of 0.41% or 98.10 points. Now talking about individual stocks, due to corporate action along with listing of a stock, some stocks may see sharp movement. Here we are talking about them.
Quarterly Results (Provisional Figures)
In the December quarter, CSB Bank’s gross advances jumped 26.5 percent year-on-year to Rs 28,914 crore and deposits increased 22.3 percent to Rs 33,406 crore.
South Indian Bank’s gross advances jumped 11.94% year-on-year to Rs 86,965 crore and deposits increased 6.3% to Rs 1,05,378 crore. During this period, CASA (Current Account Saving Account) ratio increased from 31.8 percent to 31.16 percent and CASA increased by 4.13 percent to Rs 32,831 crore.
monthly sales figures
In the month of December, domestic sales of Tata Motors increased by 1 percent on annual basis to 76,599 units. However, during this period, sales of commercial vehicles fell by 1 percent to 33,875 units, while sales of passenger vehicles including EVs increased by 1 percent to 44,289 units.
Stocks To Watch: Will keep an eye on these stocks
RailTel Corporation of India
RailTel has received a work order worth Rs 78.43 crore from Bharat Coking Coal. It will also provide a variety of services along with integrated IT-based security infra.
NMDC’s iron ore production jumped 5.1 per cent year-on-year to 4.71 tonnes in December 2024. However, sales during this period fell by 6.7 percent to 3.91 tonnes.
Ambuja Cements received ‘No Adverse Observations’ letter from BSE and ‘No Objection’ letter from NSE on January 1 regarding the merger with Adani Cementation.
Ugrow Capital has signed a share purchase agreement and shareholders agreement to acquire shares of Bengaluru-based embedded finance fintech platform “MyShubhLife” (Datascience Technologies).
The production of the country’s largest car company Maruti Suzuki jumped 30.3 percent on an annual basis to reach 1,57,654 vehicles in December 2024.
Ind-Swift Laboratories has purchased 40 bighas of land in Derabassi, Punjab for Rs 17.72 crore. A new formulation facility will be set up here.
Deepak Spinners CFO Poonam Chand Sharma resigned from her post with effect from January 1.
Ashoka Metcast CFO Deepak Pandit resigned from his post with effect from January 1.
The Ruby Mills has entered into a loan agreement of Rs 250 crore with Union Bank of India.
Business activity has resumed at Goa Carbon’s Bilaspur unit in Chhattisgarh, and production has returned to normal from January 1.
Indian Bank CEO and MD Shanti Lal Jain has retired with effect from January 1.
Bulk Deals
Brainjet sold 0.75% stake in Responsive Industries at an average price of Rs 249.02 per share.
Chartered Finance and Leasing, backed by veteran investor Madhusudan Kela, sold 1% stake in RNFI Services at an average price of Rs 207.48 per share.
Bridge India Fund sold 3.01% stake in Gujarat Toolroom at an average price of Rs 17.22 per share.
Shares of fertilizer and bag maker Anya Polytech and Fertilizers are to be listed on NSE SME today.
Today is the ex-date of GetAlong Enterprises’ stock split.
Will not be able to take new F&O positions in Manappuram Finance today.
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