A sharp upmove in SGX Nifty50 futures on Thursday hinted at a positive start for Dalal Street. At 6:55 am, the contract rose 0.6 percent to 17,076.5. Along with the listing of Medplus Health Services, stocks such as Kotak Mahindra Bank, Indiabulls Real Estate, Great Eastern Shipping and Kolte-Patil Developers are to watch out for in today's trading session. Here are the top stocks to watch out for today:
Medplus Health Services | The company will make its debut on the bourses today. The issue price is fixed at Rs 796 per share.
Kotak Mahindra Bank | The bank's subsidiary Kotak Mahindra Prime acquired the passenger vehicle financing portfolio of Ford Credit India, the Indian captive financing arm of Ford Motor company.
PSP Projects | Gujarat Pollution Control Board has granted consent to setting up of industrial plant for manufacturing of precast and the company has started manufacturing activities.
Ceinsys Tech | The company announced the acquisition of Allygrow Technologies.
Inox Wind | The company's board of directors will meet on December 27, 2021, to consider a proposal for raising funds.
Indiabulls Real Estate | The board of directors has approved raising funds aggregating up to Rs 1,500 crore.
Great Eastern Shipping Co | The company's board of directors will meet on December 27, inter alia, to consider and approve a proposal for the buyback of equity shares of Great Eastern Co.
Vivanta Industries | The company has received an order from Vitaanova Healthcare Uganda, for the execution of a pharmaceutical project for manufacturing tablets, capsules and oral liquids on a turnkey basis including planning, designing, engineering, construction, supply, installation and commissioning of plant and machinery along with obtaining WHO approval. The entire project with an aggregate value of $5.9 million is to be completed within 18 months from the date of signing the contract.
Kolte-Patil Developers | The company's board of directors has approved the merger of the two wholly-owned subsidiaries - Tuscan Real Estate and PNP Agotech into the company. Demerger of the retail business of its wholly-owned subsidiary Kolte-Patil Properties has also been approved along with the merger of the retail business into the company.
Axiscades Technologies | The company has approved the appointment of Shashidhar SK as Chief Financial Officer.