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M&M, Dr Reddy's, Aurobindo, Natco Pharma, SBI, Kotak Bank and more: Top stocks to watch out for on Dec 29

M&M, Dr Reddy's, Aurobindo, Natco Pharma, SBI, Kotak Bank and more: Top stocks to watch out for on Dec 29

M&M, Dr Reddy's, Aurobindo, Natco Pharma, SBI, Kotak Bank and more: Top stocks to watch out for on Dec 29
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By CNBCTV18.com Dec 29, 2021 7:23:02 AM IST (Updated)

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SUMMARY

Mahindra and Mahindra, Dr Reddy's, SBI, ICICI Bank, Kotak Mahindra Bank, HDFC Bank, Axis Bank, Vakrangee and Natco Pharma are the top stocks in focus on Wednesday. SGX Nifty50 futures were down 0.2 percent as of 7:05 am, at 17,226 which hinted at a tepid opening for Indian stock market on Wednesday. Here are top stocks to watch out for in trade today:

Mahindra and Mahindra, M&M, share price, stock market
1 / 10

Mahindra and Mahindra | M&M's wholly-owned subsidiary, Mahindra Engineering and Chemical Products, has agreed to sell its entire stake aggregating to 49 percent of the paid-up equity share capital held in MahindraTsubaki Conveyor Systems.

Aurobindo Pharma, share price, stock market, DCGI nod for Molnupiravir generic
2 / 10

Aurobindo Pharma | The Drugs Controller General of India's granted permission to manufacture and market the company's generic version of Molnupiravir, to be sold as Molnaflu, licensed from MSD and Ridgeback.

Dr Reddy's Laboratories, share price, stock market, DCGI nod for molnupiravir
3 / 10

Dr Reddy's Laboratories | The company has received emergency-use authorisation from the Drugs Controller General of India to manufacture and market the oral anti-viral drug Molnupiravir capsules for the treatment of adult patients with COVID-19.

Natco Pharma, share price, stock market, DCGI nod for molnupiravir
4 / 10

Natco Pharma | The company received approval for the drug Molnupiravir, which will be sold under the brand name MOLNUNAT, for the treatment of Covid-19 in India.

Financial Services companies, banks, nbfcs, share price, stock market, rbi, stress, asset quality
5 / 10

Financial Services companies | RBI has warned that the impact of the pandemic is showing up in muted credit growth as banks remain largely risk-averse. The central bank has also warned that stress could rise and going ahead, the bank's asset quality could get dented and it specifically warned that NBFC asset quality could see a further hit. This said, banks and non-bank lenders, such as Kotak Mahindra Bank, HDFC Bank, State Bank of India, ICICI Bank, Axis Bank, RBL Bank, Punjab National Bank, and others, will be in focus.

GR Infraprojects, share price, stock market, order win
6 / 10

GR Infraprojects | The company has emerged as an L-1 bidder for the tender invited by Noida Metro Rail Corporation. The order is for part design and construction of elevated viaduct and five elevated stations, of Noida-Greater Noida Metro Rail Project.

Mishtann Foods, share price, stock market, Mishtann Foods to manufacture ethanol
7 / 10

Mishtann Foods | The company signed an agreement with the Gujarat Government for the proposed project of manufacturing grain-based ethanol in Gujarat.

Vakrangee, share price, stock market, Vakrangee ties up with nayara energy
8 / 10

Vakrangee | The company has announced a strategic tie-up with Nayara Energy. The company will set up Vakrangee Kendra outlets across the network of Nayara Energy and the tie-up will ramp up the physical network of Vakrangee Kendra outlets in urban and rural areas.

India Grid Trust, share price, stock market
9 / 10

India Grid Trust | The consortium of IndiGrid 1 and IndiGrid 2, wholly-owned subsidiaries of India Grid Trust, has completed the acquisition of 100 percent paid-up capital and management control of Kallam Transmission, from REC Power Development and Consultancy.

Equitas Small Finance Bank, share price, stock market
10 / 10

Equitas Small Finance Bank | The lender has re-appointed Vasudevan P N as the Managing Director and Chief Executive Officer of Equitas Small Finance Bank.

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