Stock Market News: December 20 Top Stocks Expected to Surge

Indian Stock Market – Exploring Lucrative Investment Prospects on December 20, 2024

Stock Market And Business Top Stories
Stock Market And Business Top Stories on 20th December 2024

Inventurus Knowledge Solutions Ltd.

  • IT Software | Small Cap
  • Rs.1983.00/-

Axis Bank Ltd

  • Financial Services | Large Cap
  • Rs.1083.90/-

HDFC Bank Ltd

  • Financial Services | Large Cap
  • Rs.1783.25/-

Reliance Industries Ltd

  • Energy | Large Cap
  • Rs.1228.00/-

Kaynes Technology India Ltd

  • Consumer Durables | Mid Cap
  • Rs.7312.95/-

Bharti Airtel Ltd

  • Communication Services | Large Cap
  • Rs.1605.15/-

Dr Reddys Laboratories Ltd

  • Basic Materials | Large Cap
  • Rs.1366.30/-

Enviro Infra Engineers Ltd

  • Infrastructure Developers & Operators Small | Cap
  • Rs.341.41/-

International Gemmological Institute (India) Ltd

  • Miscellaneous | Small Cap
  • Rs.486.30/-

Tata Consultancy Services Ltd

  • Technology | Large Cap
  • Rs.4280.85/-

One Mobikwik Systems Ltd

  • E-Commerce/App based Aggregator | Small Cap
  • Rs.539.25/-

Swiggy Ltd

  • E-Commerce/App based Aggregator | Large Cap
  • Rs.589.05/-

Infosys Ltd

  • Technology | Large Cap
  • Rs.1953.60/-

Vishal Mega Mart Ltd

  • Trading | Mid Cap
  • Rs.100.77/-

Mazagon Dock Shipbuilders Ltd

  • Industrials | Large Cap
  •  Rs.4916.00/-

Trending Top Stories in The Indian Stock Market on December 20, 2024

  1. Tech Mahindra plans to increase the BFSI revenue share from 16% to 25% by March 2027, with a focus on banking and financial services.

 

  1. Mufin Green Finance Ltd has received a credit line of $18 million from the US International Development Finance Corporation for its lending business.

 

  1. KPI Green Energy has signed a Memorandum of Understanding with the Rajasthan government for hybrid solar and wind power projects in Jaisalmer.

 

  1. Subsidiary of Exide Signs Term Sheet with Hyundai for Battery Cell Production for Electric Vehicles.

 

  1. Reliance Industries resumed oil swap with Venezuela’s PDVSA exchanging 1.9 million barrels of crude for 500,000 barrels of heavy naphtha under US license.

 

  1. Hindustan Construction Company Ltd HCC raised 600 crore through QIP by selling 13.95 crore shares at 43.01 each to institutional investors including Societe Generale and Citigroup.

 

  1. The board of Dhanlaxmi Bank approves the rights issue worth up to Rs 297.54 crore at Rs 21 per share, opening January 8, 2025.

 

  1. PVR Inox Launches FLEXI Show feature PVR that will give audiences flexibility to pay for what they viewed, so raising audience participation.

 

  1. Stocks banned under the F&O ban include Steel Authority of India Ltd as its market-wide position limit has crossed 95%.

 

  1. The house from Kotak Institutional Equities also had a reduce recommendation on the same with a target price of Rs 2,350.

 

  1. Zodiac Energy has won its first international rooftop order, worth $720,626, for a 2 MWp solar system in Zambia.

 

  1. Mahindra & Mahindra is likely to cross the 500,000 annual sales milestone with 22-23% growth, beating competition as 2024 draws to close.

 

  1. Hyundai Motor India will offer locally manufactured battery cells with the EVs, according to the pact signed with Exide Energy Solutions.

 

  1. Appoints Sojan C S as Chief Financial Officer of the company, effective December 19, 2024.

 

  1. BASF India Ltd has sanctioned the demerger of its business in agricultural solutions into a separate listed entity for better operational flexibility.

 

  1. Mazagon Dock Shipbuilders got going on the first production Fast Patrol Vessel on an Indian Coast Guard Contract for Rs 1070.47 crore.

 

  1. CLSA downgrades LTI Mindtree to Underperform with reduced visibility on large deals.

 

  1. CLSA does not see any significant scope for upgrades in HCL Tech by any major players, post its Accenture revenue growth performance.

 

  1. MTAR Tech wins clean energy and aerospace order of 226 crore by securing large orders from Bloom Energy and IAI Ltd.

 

  1. Motilal Oswal initiates ‘Buy’ rating on Anant Raj Ltd at Rs 1,100, citing growth in data centers and cloud services.

 

  1. Bandhan Bank is one of the stocks that are under F&O ban because it has exceeded 95% of the market-wide position limit.

 

  1. CLSA expects the same, saying Hindustan Petroleum Corporation Ltd would produce a bumper December quarter supported by integrated diesel and gasoline margins.

 

  1. Jefferies has initiated coverage on Sagility sagility India with a ‘buy’ rating and a target price of 52, which translates into an upside of 18%.

 

  1. Asian Paints Appoints Ashish Rae as Associate Vice President Retail Sales, Marketing & Commercial. He is to join the company on January 2, 2025, after the resignation of two top executives.

 

  1. CLSA has the call for an Outperform on Persistent Systems, therefore the view is positive.

 

  1. Deep Industries bags a letter of award from Selan Exploration for Rs 62 crore drilling services.

Also read:  12 Exciting New OTT Releases Coming Your Way This 13th December Weekend

Top 15 Incredibly Beautiful Women from Across the World

Krystyna Pyszkova, Representing The Czech Republic, Crowned Miss World 2024!

Navratri and Nine Forms of Goddess Durga: A Deeper Insight into the Divine Feminine
Navratri 2024: Know the Nine Days of the Divine Festival
Mahindra Thar Roxx Unleashes New Era of Adventure with Cutting-Edge Features
Celebrate India’s Independence Day with these Inspiring Messages and Quotes

Source: Google Google News  NSE BSE

News Desk: News Lounge 24×7

Disclaimer: The views and recommendations made above in news headlines are those of individual analysts or broking companies, and not of News Lounge 24×7. We advise investors to check with certified experts before taking any investment decisions.

This page lists the most active stocks traded on the Indian Stock Market, sorted by trading volume and price movements for the day. Investors and traders can utilize this list for quick identification of potential potentially lucrative investment opportunities and to keep abreast of the current trends in the market.


Discover more from News Lounge 24x7

Subscribe to get the latest posts sent to your email.

Leave a Reply

Discover more from News Lounge 24x7

Subscribe now to keep reading and get access to the full archive.

Continue reading