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Stocks To Watch Today on December 9, 2024: Ceat, ITC, SBI, Paytm and More Can be in Focus

09 December 20243 mins read by Angel One
Check out the stocks to watch on December 9, 2024, as they have made a significant announcement, which might affect their share price.
Stocks To Watch Today on December 9, 2024: Ceat, ITC, SBI, Paytm and More Can be in Focus
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On Monday, December 9, 2024, the Indian benchmark indices Sensex and Nifty 50 are expected to open lower followed by the global market cues. Check out a few stocks that might be in focus during the trading session.

  • ITC

ITC Agri Business Division is promoting the cultivation of medicinal and aromatic plants, aiming to strengthen its presence in the rapidly growing health and wellness product markets across food, personal care, and other categories.

  • CEAT

CEAT, a leading tyre manufacturer under the RPG Group, has entered into a definitive agreement with Michelin to acquire the Camso brand’s off-highway tyres (OHT) and track business for $225 million (~₹1,905 crore).

  • Godrej Consumer Products

Godrej Consumer Products expects “flattish” volume growth and mid-single-digit sales growth in the domestic market for the December quarter, due to higher soap prices and unseasonal rainfall impacting the home insecticides (HI) segment.

  • One97 Communications (Paytm)

The parent company of Paytm‘s Singapore entity plans to sell its stake in the Japanese fintech firm PayPay to SoftBank Vision Fund 2 for ₹2,364 crore.

  • Aadhar Housing Finance

Aadhar Housing Finance projects its assets under management (AUM) to exceed ₹25,000 crore by the end of the current financial year.

  • SBI Card

SBI Card has reached the milestone of 20 million active credit cards, a significant achievement since launching its credit card business in 1998.

  • State Bank of India (SBI)

SBI plans to sell bad loans worth ₹2,732.5 crore related to ARSS Infrastructure Projects Ltd through a Swiss challenge auction, inviting expressions of interest from entities willing to submit counter bids on a full-cash basis.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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