Stocks To Watch Today on November 19, 2024: Airtel, NTPC, SpiceJet, Bajaj Finance, ITI and More Can be in Focus

On Tuesday, the Indian benchmark indices Sensex and Nifty 50 are expected to start positively amid global market gains. On November 19, 2024, Gift Nifty futures traded at 23,593, down by 0.34% at 08:11 AM. Check out a few stocks that might be in focus during the trading session.

• Waaree Energies

The company reported a 17% increase in consolidated net profit, reaching ₹375.6 crore for the July-September quarter, up from ₹320.1 crore in the same period last year. On Monday, Waaree Energies share price closed at ₹3,106.00, up by 6.46%.

• Bharti Airtel

Bharti Global, the parent company of Bharti Airtel, finalised the acquisition of 24.5% of BT Group plc’s issued share capital from Altice UK. This follows an August 2024 announcement by Mittal’s conglomerate to purchase the stake for approximately $4 billion, making it the largest shareholder in the UK’s leading broadband and mobile company. On Monday, Bharti Airtel share price closed at ₹1,542.20, down by 0.54%.

• NTPC

The state-owned NTPC distributed ₹2,424 crore as its first interim dividend for FY 2024-25. This amount, paid on November 18, represents 25% of the company’s paid-up equity share capital, according to an official statement. On Monday, NTPC share price closed at ₹366.95, down by 1.49%.

• Bajaj Finance

The company reported a 21% year-on-year growth in its Fixed Deposit (FD) book, which stood at ₹66,131 crore as of September 30, 2024. On Monday, Bajaj Finance share price closed at ₹6,565.05, up by 0.24%.

• Adani Green Energy

Reports indicate the company plans to raise around $2 billion in the coming months through a mix of international bonds and loans. On Monday, Adani Green Energy share price closed at ₹1,454.90, down by 2.38%.

• ITI

The company secured a ₹95 crore contract for implementing Mining Digital Transformation and Surveillance Systems (MDTSS) in Uttarakhand. On Monday, ITI share price closed at ₹290.10, down by 1.19%.

• SpiceJet

Two additional insolvency petitions were filed against SpiceJet at the National Company Law Tribunal (NCLT) by Sabarmati Aviation and JetAir 17. While the NCLT issued a notice to the airline over Sabarmati Aviation’s plea, it requested JetAir 17 to submit more documents supporting its $27 million claim. On Monday, SpiceJet share price closed at ₹55.79, up by 0.76%.

• Godrej Agrovet

The agribusiness firm partnered with US-based Provivi to launch sustainable, pheromone-based pest control solutions for rice and corn farmers in India. On Monday, Godrej Agrovet share price closed at ₹726.20, down by 0.53%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.