Stocks to Watch Today: MCX India, Oberoi Realty, Cipla, Venus Remedies, Dixon Technologies, L&T Finance in focus on 21 January

Stocks in focus today: Let’s recap what is happening with the stock market. Investor purchases, deals of the day, quarterly earnings, order confirmations, and acquisitions, here’s a snapshot of which top stocks we’ll focus on today:

ICICI Prudential Life Insurance Company, Tata Technologies, Dalmia Bharat, Aditya Birla Real Estate, Cyient DLM, India Cements, IndiaMART InterMESH, Indoco Remedies, Jana Small Finance Bank, KEI Industries, PNB Housing Finance, South Indian Bank, Tanla Platforms, UCO Bank will publish their quarter end results on January 21.

Stocks To Watch

Cipla

The plant of the company’s sister company, Medispray Laboratories, in Goa, had been visited by the US Food and Drug Administration (USFDA) between January 14 and 20. After the inspection, USFDA made one complaint on Medispray Form 483.

Prakash Industries

Upon acquiring permission from the Collector (Mining Branch), Chhattisgarh, the company has initiated the mining at the Bhaskarpara commercial coal mine. It expects coal extraction to begin next month.

Bank of Baroda

The bank has decided to sell its depository business (DEMAT) to its wholly owned subsidiary, BOB Capital Markets for Rs 1.53 crore.

Torrent Power

Their subsidiary Torrent Green Energy (TGEPL) has also taken over their subsidiary Torrent Urja 37.

Landmark Cars

The luxury car maker has signed a letter of intent with JSW MG Motor India to set up new MG Select dealerships in Ahmedabad and Kolkata. The first two vehicles the company will release are the MG Cyberster and the MG M9 EV, with more coming down the line. Sales are scheduled to commence in May 2025. These dealerships will be operated by the firm’s affiliate, Aeromark Cars.

Reliance Power

On January 20, the Board has elected Neeraj Parakh as the company’s Executive Director and Chief Executive Officer (CEO) for a term of three years.

Ugro Capital

January 23: The Board will vote to raise funds by placing non-convertible debentures in a private placement.