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Stocks To Watch Today on December 20, 2024: Exide, Bharti Airtel, JK Cement and More

Updated on: Jan 16, 2025, 11:09 AM IST
Markets likely to be impacted on December 20; key stocks include Exide's EV deal, Bharti Airtel's ₹3,626 cr prepayment, JK Cement's coal mine win, and KPI's hybrid energy projects.
Stocks To Watch Today on December 20, 2024: Exide, Bharti Airtel, JK Cement and More
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Indian markets are likely to be impacted on Friday, as indicated by GIFT Nifty futures, which were trading 86 points below Nifty50 futures at 23,932. 

On Thursday, the Sensex dropped 964 points (-1.20%) to 79,218.05, while the Nifty50 fell 247 points (-1.02%) to 23,951.70.

Here are the key stocks to keep an eye on:

  • Exide Industries

Exide Industries subsidiary, Exide Energy Solutions, has signed an agreement with Hyundai Motor India to supply lithium-ion cells and battery packs for Hyundai’s electric vehicles in India.

  • Bharti Airtel

Bharti Airtel prepaid ₹3,626 crore to the Department of Telecommunications, clearing all liabilities for the spectrum acquired in 2016.

  • JK Cement

JK Cement secured the Mahan coal mine in Madhya Pradesh with reserves of 107.4 million tonnes and a peak-rated capacity of 1.2 million tonnes annually.

  • Amara Raja Energy & Mobility

Hyundai Motor India will use AMARON AGM batteries in its domestic lineup under an existing procurement agreement.

  • Deep Industries

Deep Industries received a ₹62 crore Letter of Award (LOA) from Selan Exploration for drilling services.

  • KPI Green Energy

KPI Green Energy set January 3 as the record date for a 1:2 bonus issue. Also signed an MoU with the Rajasthan government to develop hybrid solar and wind projects in Jaisalmer.

 

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.

Published on: Dec 20, 2024, 8:49 AM IST

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