Key Stocks to Watch on December 23, 2024: JBM Auto, L&T, Aurobindo Pharma, and More

On December 23, Indian stock markets will likely be impacted, with GIFT Nifty futures trading 180 points higher at 23,805. 

On Friday, the major indices ended in the red, with the BSE Sensex dropping 1,196 points (1.49%) to close at 78,041.59, while the Nifty50 declined 364 points (1.52%) to settle at 78,041.59.

Here’s a snapshot of key stocks in focus:

• JBM Auto

JBM Auto’s subsidiary won a ₹1,800 crore contract from Ahmedabad BRTS to supply 343 electric buses.

• Sterling & Wilson Renewables

Sterling & Wilson Renewables bagged a domestic order worth ₹1,200 crore.

• Aurobindo Pharma

Aurobindo Pharma, Subsidiary Curateq Biologics, received approval from the UK’s MHRA for its oncology biosimilar, Bevqolva.

• Larsen & Toubro (L&T)

Larsen & Toubro (L&T) Signed a ₹7,629 crore contract with the Ministry of Finance to supply K9 Vajra-T artillery guns to the Indian Army.

• Piramal Enterprises

Piramal Enterprises Plans to issue ₹2,000 crore worth of secured non-convertible debentures.

• Ultratech Cement

The Competition Commission of India (CCI) has approved Ultratech Cement‘s acquisition of The India Cements Ltd.

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.