Market Watch: Top Stocks to Focus on Today

Stock Market Updates

Food Delivery Giant: Opened its qualified institutions placement (QIP) on December 9, with a floor price of Rs 390.51 per share, aiming to raise up to Rs 10,000 crore.
Infrastructure Company: Received a Letter of Acceptance (LOA) worth Rs 328.8 crore for the operation of the Kaza Fee Plaza in Andhra Pradesh.
Pharmaceutical Company: Entered into a strategic partnership with Formycon AG for the exclusive licensing and supply of checkpoint inhibitor FYB206, a biosimilar of Keytruda (Pembrolizumab), for the USA and Canadian markets.
Toll Collection Company: Saw a 15.8 percent rise in gross toll collection to Rs 716.1 crore in November, up from Rs 618.5 crore in the same month last year.
Construction Company: Declared L1 (the lowest bidder) for an order worth Rs 199.17 crore from North Eastern Railway, Uttar Pradesh, for the construction of a bridge substructure.

Godrej Agrovet: Signed a Memorandum of Understanding (MoU) with the Government of Telangana to invest Rs 150 crore in setting up a dairy processing facility.
Power Transmission Company: Commissioned the 400 kV Koteshwar–Rishikesh transmission line, enabling the evacuation of 1,000 MW of hydropower.
Mining Company: Awarded the MDO contract for the development and operation of the Pottangi Bauxite Mines to Dilip Buildcon (L-1 bidder).
Specialty Chemicals Company: Signed an Exclusive Distribution and Commercial Partnership Agreement with Kivoro to bring Kivoro’s next-generation graphene-based Heat Transfer Additive (HTA) technology to the Indian corrugated paperboard industry.

Anupam: Signed a definitive agreement to acquire a 100% equity stake in Jayhawk Fine Chemicals Corporation, a US-based specialty chemicals company, for $150 million.
Pine Labs: Launched India’s first agentic bill payments experience through Setu, designed to address challenges in bill payments.

GST Department: Passed the Assessment Order for closure of the show-cause notice proceedings against a company, with nil demand for tax, interest, and penalty.
Board Meetings: The Board of Directors of a company will meet on December 12 to consider the issuance of non-convertible debentures (NCDs) worth up to Rs 2,500 crore.
Resignations and Appointments: Raman Malhotra resigned as the Chief Financial Officer (CFO) of a company, effective December 13, and Dhara Dhedhi was appointed as the Interim Chief Financial Officer.

GQG Partners: Sold 1.52 crore equity shares in a company for Rs 676.7 crore at Rs 444 per share.
SBI Mutual Fund: Acquired an additional 6.02 lakh shares in a company for Rs 168.8 crore at Rs 2,800 per share.
Amit Rathi: Sold 20 lakh shares in a company for Rs 560 crore at Rs 2,800.03 per share.

Stay tuned for more updates on the stock market and these companies.

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Stock Market Updates

Food Delivery Giant: Opened its qualified institutions placement (QIP) on December 9, with a floor price of Rs 390.51 per share, aiming to raise up to Rs 10,000 crore.
Infrastructure Company: Received a Letter of Acceptance (LOA) worth Rs 328.8 crore for the operation of the Kaza Fee Plaza in Andhra Pradesh.
Pharmaceutical Company: Entered into a strategic partnership with Formycon AG for the exclusive licensing and supply of checkpoint inhibitor FYB206, a biosimilar of Keytruda (Pembrolizumab), for the USA and Canadian markets.
Toll Collection Company: Saw a 15.8 percent rise in gross toll collection to Rs 716.1 crore in November, up from Rs 618.5 crore in the same month last year.
Construction Company: Declared L1 (the lowest bidder) for an order worth Rs 199.17 crore from North Eastern Railway, Uttar Pradesh, for the construction of a bridge substructure.

Godrej Agrovet: Signed a Memorandum of Understanding (MoU) with the Government of Telangana to invest Rs 150 crore in setting up a dairy processing facility.
Power Transmission Company: Commissioned the 400 kV Koteshwar–Rishikesh transmission line, enabling the evacuation of 1,000 MW of hydropower.
Mining Company: Awarded the MDO contract for the development and operation of the Pottangi Bauxite Mines to Dilip Buildcon (L-1 bidder).
Specialty Chemicals Company: Signed an Exclusive Distribution and Commercial Partnership Agreement with Kivoro to bring Kivoro’s next-generation graphene-based Heat Transfer Additive (HTA) technology to the Indian corrugated paperboard industry.

Anupam: Signed a definitive agreement to acquire a 100% equity stake in Jayhawk Fine Chemicals Corporation, a US-based specialty chemicals company, for $150 million.
Pine Labs: Launched India’s first agentic bill payments experience through Setu, designed to address challenges in bill payments.

GST Department: Passed the Assessment Order for closure of the show-cause notice proceedings against a company, with nil demand for tax, interest, and penalty.
Board Meetings: The Board of Directors of a company will meet on December 12 to consider the issuance of non-convertible debentures (NCDs) worth up to Rs 2,500 crore.
Resignations and Appointments: Raman Malhotra resigned as the Chief Financial Officer (CFO) of a company, effective December 13, and Dhara Dhedhi was appointed as the Interim Chief Financial Officer.

GQG Partners: Sold 1.52 crore equity shares in a company for Rs 676.7 crore at Rs 444 per share.
SBI Mutual Fund: Acquired an additional 6.02 lakh shares in a company for Rs 168.8 crore at Rs 2,800 per share.
Amit Rathi: Sold 20 lakh shares in a company for Rs 560 crore at Rs 2,800.03 per share.

Stay tuned for more updates on the stock market and these companies.