Stocks To Watch Today on December 4, 2024: Swiggy, HUL, DLF, IndiGo, Vedanta and More Can be in Focus

On Wednesday, December 4, 2024, the Indian benchmark indices Sensex and Nifty 50 are expected to start on a tepid note amid mixed global market performance. Check out a few stocks that might be in focus during the trading session.

• Swiggy

Swiggy reported a reduction in its consolidated net loss for Q2 FY25 to ₹625.5 crore, compared to ₹657 crore in the same period last year. However, the loss increased sequentially from ₹611 crore in Q1 FY25.

• Hindustan Unilever (HUL)

Hindustan Unilever‘s popular Vim brand, a leader in the dishwashing segment, is projected to achieve sales of over ₹3,000 crore soon.

• DLF

DLF has announced the appointment of Badal Bagri as its new Chief Financial Officer (CFO), effective December 6, 2024.

• Vedanta

CRISIL Ratings Ltd has upgraded Vedanta’s rating on its long-term bank facilities and debt instruments. The improvement is attributed to a better capital structure, enhanced financial flexibility, and strong volume growth.

• InterGlobe Aviation (IndiGo)

IndiGo has filed a case in the Delhi High Court against Mahindra Electric Automobile, alleging trademark infringement over Mahindra’s upcoming electric car model, the Mahindra BE 6e.

• Godrej Properties

Godrej Properties has successfully raised ₹6,000 crore through a qualified institutional placement (QIP), marking the largest fund-raising event by an Indian real estate company.

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.