Stocks in Focus Today :Today i.e. on 2nd December 2024, some stocks (Stocks in News) are ready to show action. Due to positive trigger, these shares may remain in focus in the market today (Stocks to Watch). If you are looking for better stocks in intraday then you can keep an eye on them (Stock in Focus). Today’s list includes Tata Motors, Maruti Suzuki, Cipla, Aster DM Healthcare, Hyundai Motor India, Rail Vikas Nigam, KEC International, RBL Bank, TVS Motor, Karur Vaisya Bank, Eicher Motors, Escorts Kubota, Home First Finance Company India, Shares like Biocon, Cochin Shipyard, KEC International, DLF, Greaves Cotton are included.
Tata Motors
Tata Motors’ total sales in November increased marginally to 74,753 units as against 74,172 units in the same month last year. Tata Motors said in a statement that total domestic sales increased by 1 percent to 73,246 units last month, compared to 72,647 units in November 2023. Total passenger vehicle (PV) sales, including electric vehicles (EVs), increased by 2 percent to 47,117 units in November, compared to 46,143 units in the same month a year ago.
Maruti Suzuki
Maruti Suzuki India Limited’s total sales in November increased by 10 percent year-on-year to 1,81,531 units, which was 1,64,439 units in the same month last year. The company’s total wholesale sales of domestic passenger vehicles increased by 5 percent to 1,41,312 units, whereas 1,34,158 vehicles were sold in the same month a year ago. Sales of small cars like Alto and S-Presso stood at 9,750 units in the month under review, which was 9,959 units in November 2023.
Cipla
The promoters of pharma company Cipla want to raise Rs 2,000 crore through share sale. Samana and Rumana Hameed plan to sell about 1.4 crore shares on Monday, the floor price of which has been fixed at Rs 1,442 per share.
Aster DM Healthcare
The company and Blackstone- and TPG-promoted Quality Care India will merge through a share-swap agreement to become India’s No. 3 hospital operator. Based on the swap ratio, Aster shareholders will hold 57.3 per cent stake, and QCIL shareholders will hold 42.7 per cent stake in the merged entity, which will be named Aster DM Quality Care Ltd and will be led by the Moopen family.
Hyundai Motor India
Hyundai Motor India’s total sales in November declined by 7 percent year-on-year to 61,252 units, compared to 65,801 units in the same month last year. Hyundai Motor India said domestic sales declined 2 per cent to 48,246 units last month as against 49,451 units in the same period last year. Exports declined by 20 percent last month to 13,006 units.
RBL Bank
The bank and Bajaj Finance have mutually agreed to stop issuing new co-branded cards. However, the existing co-branded cards issued so far will continue to function as usual without any changes. It may take a quarter for private sector RBL Bank to get back to new product sales momentum after ending its year-old credit card distribution tie-up with Bajaj Finance.
