- December 13, 2024
Stocks To Watch: Tata Motors, HAL, Zomato, HDFC Bank, Titan, TCS, And Others – News18
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Stocks to watch: Shares of firms like Tata Motors, HAL, Zomato, HDFC Bank, Titan, TCS, and others will be in focus on Friday’s trade
Stocks To Watch
Stocks to Watch: Markets ended slightly lower on the weekly expiry day, dipping nearly half a percent amid mixed signals. In today’s session, stocks of Tata Motors, RIL, HAL, Zomato, JK Tyre, JSW Energy, and others will be in focus due to recent developments.
Reliance Industries (RIL): Russia’s state-owned Rosneft has agreed to supply up to 500,000 barrels per day of crude oil to RIL, marking the largest-ever energy deal between the two countries.
HDFC Bank: The private sector lender has received an administrative warning letter from the Securities and Exchange Board of India (SEBI), citing alleged non-compliance with regulations governing merchant bankers, capital issuance, and insider trading.
Axis Bank: Axis Asset Management Company, the bank’s mutual fund arm, has opened a new branch in GIFT City, India’s premier international financial services hub.
Zomato: The GST department in Thane has imposed a tax demand of Rs 803.4 crore on the food delivery platform, including penalties and interest.
Siemens: Siemens has appointed Harish Shekar as the Chief Financial Officer (CFO) of its energy business, effective January 1, 2025.
Titan: Titan’s luxury brand Zoya is targeting 20 new stores in the next three to four years. The brand’s CEO Ajoy Chawla announced this on the occasion of the Zoya boutique launch in Kolkata.
JK Tyre: Germany’s DEG will provide JK Tyre with a long-term loan of €30 million (Rs 267 crore).
Tata Motors: Tata Motors has announced a price hike of up to 2% across its range of trucks and buses, effective January 1, 2025.
NBCC: The company has been appointed as a project management consultant for the completion of 16 real estate projects by Supertech Ltd at a cost of nearly Rs 9,500 crore, bringing relief to thousands of homebuyers.
Tech Mahindra: Tech Mahindra has teamed up with American software company ServiceNow to launch the One E2E Platform, a GenAI-powered enterprise service management solution.
State Bank of India (SBI): SBI is reportedly seeking a ¥30 billion ($197 million) facility, as part of the record volume of yen loans raised by Asian borrowers this year, excluding Japan.
TCS: Tata Consultancy Services (TCS) has extended its partnership with Telenor Denmark (TnDK) for the next five years.
L&T: L&T’s data center business, L&T-Cloudfiniti, has onboarded its first major customer at its hyperscale data center in Sriperumbudur, near Chennai.
Punjab & Sind Bank: The public sector lender plans to raise Rs 3,000 crore from its maiden infrastructure bonds this month to help expand its loan book.
Ashok Leyland: The company has received an order worth Rs 345.58 crore for supplying 1,475 BS-VI diesel fuel-type passenger bus chassis to the Tamil Nadu State Transport Corporation. Additionally, Ashok Leyland Russia, a subsidiary, is being voluntarily liquidated.
HAL: The Ministry of Defence has signed a Rs 13,500 crore contract with HAL for the procurement of 12 Su-30MKI aircraft.
Bajaj Finance: Bajaj Finance, India’s largest non-bank consumer financier, has unveiled a new five-year business plan that includes integrating artificial intelligence (AI) across all its processes.
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