Stock Market News: December 11 Top Stocks Expected to Surge

Indian Stock Market – Exploring Lucrative Investment Prospects on December 11, 2024

Check These Stock Trending In The Stock Market

Raymond Ltd

• Consumer Cyclical | Small Cap
• RS.1889.90/-

Vedanta Ltd

• Basic Materials | Large Cap
• RS.522.80/-

Waaree Energies Ltd

• Capital Goods – Electrical Equipment | Mid Cap
• RS.3175.50/-

Titagarh Rail Systems Ltd

• Industrials | Small Cap
• RS.1327.60/-

Zomato Ltd

• Technology | Large Cap
• RS.292.80/-

NTPC Green Energy Ltd

• Power Generation & Distribution | Large Cap
• RS.149.37/-

ITI Ltd

• Communication Services | Mid Cap
• RS.364.50/-

HDFC Bank Ltd

• Financial Services | Large Cap
• RS.1862.90/-

Swiggy Ltd

• SWIGGY E-Commerce/App based Aggregator | Large Cap
• RS.522.15/-

Premier Energies Ltd

• Capital Goods Electrical Equipment | Mid Cap
• RS.1316.80/-

Mazagon Dock Shipbuilders Ltd

• Industrials | Mid Cap
• RS.4924.20/-

PNC Infratech Ltd

• Real Estate | Small Cap
• RS.339.75/-

BSE Ltd

• Financial Services | Mid Cap
• RS.5460.10/-

Swan Energy Ltd

• Consumer Cyclical | Small Cap
• RS.732.75/-

Enviro Infra Engineers Ltd

• Infrastructure Developers & Operators | Small Cap
• RS.284.12/-

Reliance Industries Ltd

• Energy | Large Cap
• RS.1284.95/-

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Trending Top Stories in The Indian Stock Market on December 11, 2024

1. IRFC reports Q2 revenue of Rs 6,898 crore and net profit of Rs 1,612 crore, up from the previous year.

 

2. RailTel Corporation won a work order worth Rs 11.11 crore for establishing virtual classrooms and digital classroom equipment at Mahatma Phule Krishi Vidyapeeth.

 

3. The Reliance Infrastructure unit Reliance Velocity includes Reliance EV Go for the manufacture, procurement, and sales of electrical vehicles.

 

4. The lock-in period for shares would end on December 11 and make 6.5 crore shares of Swiggy tradable.

 

5. Afcons Infrastructure Ltd has mopped up Rs 8,400 crore with its IPO in November 2024.

 

6. CLSA and Jefferies have placed UltraTech Cement as a top pick citing demand rebound and price increases as growth drivers.

 

7. Morepen Labs launches LightLife, a weight management program, targets Rs 100 crore revenue in three years.

 

8. BEML Limited has bagged an order worth Rs 83.51 crore from the ministry of defence to supply a 50-tonne trailer.

 

9. HSBC maintains Buy on Torrent Pharmaceuticals citing strong growth potential and an ability to navigate the industry’s challenges.

 

10. Star Health Insurance Ltd has increased security measures after a recent alleged data breach to protect customer data.

 

11. Asian Granito India Ltd Establishes joint venture Klyn AGL Ltd in UK with Shudh Investments and Klyn Stone for trading large porcelain slabs and tiles.

 

12. Maruti Suzuki plans to use electric, hybrid, and CNG technologies to support the carbon neutrality goal of India till 2070.

 

13. Reliance Power Enters Renewable Energy Space Reliance NU Energies; Appoints Mayank Bansal as CEO, Rakesh Swaroop as COO.

 

14. Saakshi Medtech secured Rs 250 crore contract from Mahindra & Mahindra for supplying EV panels over a five-year term.

 

15. Ujjivan Small Finance Bank: RBI approved the reappointment of Banavar Anantharamaiah Prabhakar as part-time Chairman for three years.

 

16. Saakshi Medtech received an order from Mahindra & Mahindra for supply of EV panels for five years for Rs 250 crore.

 

17. The RBI has sanctioned the appointment of Banavar Anantharamaiah Prabhakar as part-time chairman for three years at Ujjivan Small Finance Bank.

 

18. Maruti Suzuki transported 2 million cars by train as the company marked a significant milestone in its logistics operations.

 

19. IndiGo is going to offer business class seats on some of its Delhi-Bengaluru flights from next month.

 

20. To bring about the needed revenue of Rs 200 crore by 2030, Morepen Laboratories now unveils weight management programme LightLife.

 

21. ICICI Securities rated the stock of PB Fintech with a Buy recommendation along with a target price of Rs 2,300, citing strong operational performance and market penetration.

 

22. Goldman Sachs maintains Sell rating on Avenue Supermarts, cuts target price to Rs 3,425 from Rs 4,000 citing competitive pressure and lowered earnings estimates.

 

23. Asahi India Glass Ltd has signed a share purchase agreement selling 30% stake in TGPEL Precision Engineering to some investors for Rs 66 crore.

 

24. HSBC maintained Buy rating for Sun Pharma citing good prospects of growth and ability to navigate industry challenges.

 

25. HSBC keeps ‘buy’ rating on Cipla, citing strong growth potential and its ability to ride over industry challenges.

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Source: Google Google News  NSE BSE

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