Stocks To Watch Today: BHEL, AllCargo Logistics, Veranda Learning, NTPC, JSW Energy And More
Indian stock markets are expected to be volatile today, with several key stocks in focus due to various corporate actions and announcements. In this article, we will discuss the top stocks to watch today, including BHEL, AllCargo Logistics, Veranda Learning, NTPC, JSW Energy, and more.
BHEL and REC: Joint Venture Proposal Rejected
The board of directors of Bharat Heavy Electricals (BHEL) has announced that the Department of Investment and Public Asset Management has rejected the proposal for forming a joint venture between BHEL and REC Power Development and Consultancy Limited. This development is expected to impact the stock price of BHEL, and investors should keep a close eye on the stock today.
AllCargo Logistics: Digital Execution and Growth Plans
AllCargo Logistics has announced plans to focus on digital execution with ROI-based investments to drive long-term value. According to the company’s merged financials, revenue and EBITDA are expected to grow at a CAGR of 12% and 21%, respectively, by FY30. This positive outlook is expected to boost investor sentiment, and the stock may see some upward movement today.
NTPC: Commercial Operations Begin at Rajasthan Project
NTPC has begun commercial operations at its 167 MW Rajasthan project, which is a significant milestone for the company. This development is expected to positively impact the stock price of NTPC, and investors should watch the stock closely today.
JSW Energy: Appeal Filed with Supreme Court
JSW Energy’s arm has filed an appeal with the Supreme Court, challenging the Appellate Tribunal for Electricity order. This development may impact the stock price of JSW Energy, and investors should keep a close eye on the stock today.
Veranda Learning: Vocational Segment Transferred to SNVA EduTech
Veranda Learning has transferred its entire vocational segment to SNVA EduTech for a 50% stake in the new entity. The new entity targets over Rs 250 crore in revenue in FY26 and plans a separate public listing in the future. This development may positively impact the stock price of Veranda Learning, and investors should watch the stock closely today.
GK Energy and Saatvik Green Energy: Listing on BSE and NSE
GK Energy and Saatvik Green Energy are listing on the BSE and NSE today, and investors are eagerly waiting to see how the stocks perform on their debut. GK Energy provides EPC services for solar-powered agricultural water pump systems, and its public issue was subscribed to 89.62 times on day three. Saatvik Green Energy is a manufacturer of modules and offers engineering, procurement, and construction services, and its public issue was subscribed to 6.57 times on day three.
Other Stocks to Watch
In addition to the above-mentioned stocks, several other stocks are expected to be in focus today due to various corporate actions and announcements. These include IIFL Finance, Waaree Energies, Monarch Networth Capital, and Capital India Finance, among others.
Conclusion
In conclusion, today is expected to be a volatile day for Indian stock markets, with several key stocks in focus due to various corporate actions and announcements. Investors should keep a close eye on the stocks mentioned in this article and make informed investment decisions based on their individual risk tolerance and investment goals. For more information on the Indian stock market and top stocks to watch, visit our website and stay updated with the latest news and analysis.