Stock Market News: December 2 Top Stocks Expected to Surge

Indian Stock Market – Exploring Lucrative Investment Prospects on December 2, 2024

Check These Stock Trending In The Stock Market

Adani Green Energy Ltd

Utilities | Large Cap

Rs.1366.75/-

Dixon Technologies (India) Ltd

Consumer Cyclical | Mid Cap

Rs.16602.20/-

Mazagon Dock Shipbuilders Ltd

Industrials | Mid Cap

Rs.4565.25/-

Adani Energy Solutions Ltd

Utilities | Large Cap

Rs.815.55/-

 Adani Power Ltd

Utilities | Large Cap

Rs.549.65/-

HDFC Bank Ltd

Financial Services | Large Cap

Rs.1781.25/-

Reliance Industries Ltd

Energy | Large Cap

Rs.1283.10/-

Adani Ports & Special Economic Zone Ltd

Real Estate | Large Cap

Rs.1205.00/-

Zomato Ltd

Technology | Large Cap

RS.284.00/-

Home First Finance Company India Ltd

Financial Services | Small Cap

RS.1,000.70/-

Adani Enterprises Ltd

Financial Services | Large Cap

RS.2465.65/-

Tata Motors Ltd

Consumer Cyclical | Large Cap

RS.792.90/-

Ola Electric Mobility Ltd

Automobile | Mid Cap

RS.83.68/-

NTPC Green Energy Ltd

Power Generation & Distribution | Large Cap

RS.128.00/-

ICICI Bank Ltd

Financial Services | Large Cap

RS.1300.90/-

Trending Top Stories in The Indian Stock Market on December 2, 2024

1. Axis Capital maintains Add rating on Hindustan Unilever with a target price of Rs 2,850 on account of stable demand and margin outlook.

2. Bajaj Auto sees 5% growth in sales in November at 4,21,640 units compared to 4,03,003 units for the same period last year.

3. Nuvama reiterates buy rating on Adani Ports, targeting Rs 1,960 per share, as revenue and EBITDA growth continue to drive through logistics and technology advancements.

4. Bajaj Auto reported 24,978 electric two-wheelers registered in November with a 12% MoM sales decline but a rise in market share to 22%.

5. Morgan Stanley cuts IndusInd Bank’s target price to Rs 1,150 from Rs 1,400 and maintains Equal Weight rating due to asset quality concerns.

6. Ambuja Cements partners with Coolbrook to embrace RotoDynamic HeaterTM technology, speeding up its net-zero ambitions and reducing dependence on fossil fuels.

7. The firm has retained Buy on Titagarh Rail and dropped target to Rs 1,425 for execution delays across metro projects as well as Vande Bharat orders.

8. Emami Ltd’s housing Emami Aamod, here, in New Alipore, boasts revenue potential of Rs 850 crore.

9. Brightcom Group appoints Non-Executive Independent Directors-Paladugu Venkata Subba Rao and Deepika Daliya, along with Company Secretary -Shweta Singh.

10. Maruti Suzuki reports total sales of 1.81 lakh units in November, which was domestic at 1.53 lakh units.

11. Tata Motors reported total sales at 74,753 units during the month, registering an increase of 0.8%, with a growth in domestic sales of 1% at 73,246 units.

12. Biocon Biologics receives approval from the FDA for the marketing of YESINTEK biosimilar for treating Crohn’s disease and other indications.

13. Cochin Shipyard signed a contract with Ministry of Defence for SRDD of INS Vikramaditya worth Rs 1207.5 crore.

14. H.G. Infra Engineering Ltd emerged as qualified bidder for 250 MW/500 MWh Battery Energy Storage System project from Gujarat Urja Vikas Nigam Ltd.

15. Hyundai Motor India reported a 7% decline in total sales to 61,252 units in November 2024, with domestic sales down 2%.

16. Info Edge files FIR against Rahul Yadav and executives of 4B Networks over alleged fraudulent activities involving company funds.

17. Adani Green Energy Ltd. likely to resume its canceled dollar bond in between April and June 2025, subject to present probe.

18. Religare Enterprises received warning letters from the stock exchanges for the delay in disclosure of RBI refusing Rakesh Asthana as additional director.

19. Royal Enfield: Eicher Motors to stay in focus as reporting the back series for November sales at 82,257 units and posting growth of 2% on y/y basis.

20. Open futures of Reliance Industries have touched 18 years high. That should mark some volatility in the market till that time the sentiment plays this one.

21. Greaves Cotton’s board has approved the proposed Initial Public Offering of Greaves Electric Mobility, a Combination Offer for equity and Offer-for-sale basis.

22. The Cochin Shipyard signed an agreement with the Ministry of Defence for Short Refit and Dry Docking of a Large Indian Naval Vessel, worth Rs 1,000 crore.

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Source: Google Google News  NSE BSE

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