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Stock Market News: December 9 Top Stocks Expected to Surge

Indian Stock Market – Exploring Lucrative Investment Prospects on December 9, 2024

Stock Market And Business Top Stories on 9th December 2024

Check These Stock Trending In The Stock Market

Larsen & Toubro Ltd

  • Real Estate | Large Cap
  • Rs.3949.30/-

Central Depository Services (India) Ltd

  • Financial Services | Mid Cap
  • Rs.1902.05/-

Tata Motors Ltd

  • Consumer Cyclical | Large Cap
  • Rs.803.05/-

Enviro Infra Engineers Ltd

  • Infrastructure Developers & Operators | Small Cap
  • Rs.279.00/-

Dixon Technologies (India) Ltd

  • Consumer Cyclical | Large Cap
  • Rs.17369.00/-

Vedanta Ltd

  • Basic Materials | Large Cap
  • Rs.496.10/-

Mazagon Dock Shipbuilders Ltd

  • Industrials | Large Cap
  • Rs.4893.30/-

ITI Ltd

  • Communication Services | Small Cap
  • Rs.366.70/-

BSE Ltd

  • Financial Services | Mid Cap
  • Rs.5457.70/-

HDFC Bank Ltd

  • Financial Services | Large Cap
  • Rs.1876.30/-

Angel One Ltd

  • Financial Services | Small Cap
  • Rs.3438.05/-

Reliance Industries Ltd

  • Energy | Large Cap
  • Rs.1301.45/-

CEAT Ltd

  • Consumer Cyclical | Small Cap
  • Rs.3429.00/-

Zomato Ltd

  • Technology | Large Cap
  • Rs.293.60/-

Godrej Consumer Products Ltd

  • Consumer Defensive | Large Cap
  • Rs.1119.05/-

Trending Top Stories in The Indian Stock Market on December 9, 2024

  1. Lloyds Metals & Energy to enter into the Mines Development and Operations division for cost optimization and profits enhancement.

 

  1. UltraTech Cement likely to expand its production facility in Rajasthan by 10 million tonne capacity from the base capacity of 20 million tones currently.

 

  1. adani Renewables Nomura sees zero chances of cancellation of SECI solar manufacturing-linked projects, going with favorable tariff levels against Adani Green Energy Limited.

 

  1. ITC Agri Business Division pushes the cultivation of medicinal and aromatic plants to increase its foothold in the health and wellness products market.

 

  1. Government has approved petroleum import till March 2026 for Krishnapatnam Port, which pushes the shares of Adani Ports 1.2 percent up.

 

  1. IRCTC e-ticketing service on its website and app will be available only for one hour on account of maintenance activity. IRCTC 0.64% View
  2. NCLT approves merger of Monica Trading, Shree Renuka Agri Ventures, and Shree Renuka Tunaport with Shree Renuka Sugars effective December 6, 2024.

 

  1. Godrej Consumer Products downgraded by Emkay Global to reduce with a target price of Rs 1,225 due to subdued Q3 outlook and inflationary pressures.

 

  1. Vedanta Group plans to invest Rs 1 lakh crore to boost zinc production, generating employment for 5 lakh people.

 

  1. Shares of Hindustan Unilever slid 4% after Godrej Consumer Products indicated margin squeeze was impacting December quarter’s earnings.

 

  1. Board of PC Jeweller to consider issue of 5,17,11,462 equity shares of the Company, on December 11, 2024, through preferential allotment

 

  1. Equirus upgrades to Buy PG Electroplast with TP of 980. Expected revenue, EBITDA and PAT growth is robust across FY24-FY27.

 

  1. Nomura is the most Attractive corporate among Indians which has improved Liquidity Management due to several legal issues as well.

 

  1. The State Bank of India looks to auction several bad loans worth Rs 2,732.5 crore by ARSS Infrastructure Projects Ltd at a Swiss challenge.

 

  1. Despite Q3 margin pressure and flattish growth expectations, Buy rating on Godrej Consumer Products maintained and the target has been set for 1,550 by Jefferies.

 

  1. Jefferies reaffirms its Buy rating on Sun Pharma with a price target of *2150, which boasts 19.23% possible upside, as well as specialty assets in the cancer space

 

  1. Subsidiary unit of One97 Communications will issue stock acquisition rights of PayPay to SoftBank Vision Fund 2 for ₹2,364 cr, likely by Dec. 2024.

 

  1. Reliance Power subsidiary Samalkot Power has paid $15.48m in interest on term loan and is out of its default as a guarantor.

 

  1. RITES wins a $97.13 million order from Guyana government to upgrade Palmyra to Moleson Creek Highway over the next 60 months.

 

  1. TVS Motor Company launches a new 2.2 kWh battery version of the TVS iQube electric scooter in Sri Lanka.

 

  1. Tata Power plans to raise capex at Rs 1.25 lakh crore from 2026 to 2030 and shall double EBITDA and PAT by FY30.

 

  1. CLSA sees NHPC as a beneficiary of green growth, supported by FY24-29 regulations and the Lower Subansiri Hydro Project contributing 1.5GW by FY25.

 

  1. Equirus projects PG Electroplast Ltd’s revenue growth at 57% CAGR over FY21-FY24, with a PAT CAGR of 60% over FY24-FY27E.

 

  1. Roto Pumps secures over 400 orders for Solar Submersible Pumping Systems, boosting shares by 13%. Orders span South Africa, Australia, and India.

 

  1. Bondada Engineering’s board approves fundraising of up to Rs 185 crore through equity shares and other eligible securities.

 

  1. Servotech Power Systems partners with LESSzwei GmbH to develop solar-powered EV charging infrastructure in Germany, deploying 100 systems across 50 cities.

 

  1. Incred initiates ‘Add’ rating on Lloyds Metals with a target price of Rs 1,476, indicating a potential upside of 40%.

 

  1. Bharti Airtel recently launched an Al-powered solution that flagged 8 billion spam calls and 0.8 billion spam SMSes in 2.5 months.

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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.

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