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Stocks To Watch Today on December 26, 2024: IOC, Gland Pharma, BPCL, and More Can be in Focus

26 December 20243 mins read by Angel One
Indian markets are likely to be impacted, as indicated by GIFT Nifty futures. Key stocks to watch today include IOC, Gland Pharma, BPCL, and More Can be in Focus.
Stocks To Watch Today on December 26, 2024: IOC, Gland Pharma, BPCL, and More Can be in Focus
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Indian markets are likely to be impacted, as indicated by GIFT Nifty futures, which are trading 23 points higher at 23,952. 

On Tuesday, the Sensex closed 67 points lower at 78,472.87, and the Nifty50 fell 25 points to settle at 23,727.65.

Here are the key stocks to watch for the day:

  • Indian Oil Corporation (IOC)

IOC Plans to sign an agreement with the Odisha government in January for a Naphtha Cracker Project in Paradip. The investment is expected to exceed ₹61,000 crore.

  • Gland Pharma

Gland Pharma received 10 observations from ANSM France after an inspection at Cenexi’s Fontenay facility.

  • Welspun Corp

Welspun Corp secured a ₹130 crore order from Saudi Arabia for steel pipes and coatings.

  • NALCO India

NALCO India signed a mining lease for Utkal-D and Utkal-E coal blocks, boosting coal production to 4 million tonnes per annum (MTPA).

  • Bharat Petroleum Corporation Ltd (BPCL)

BPCL emerged as the lowest bidder for NTPC’s 150 MW solar project, which has an estimated investment of ₹756.45 crore and projected annual revenue of ₹100 crore.

  • Arihant Superstructures

Arihant Superstructures acquired 11 acres near World Villas, enhancing revenue potential to over ₹1,200 crore.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.

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