Top stocks in focus: Maruti Suzuki, NTPC, Hathway Cable, Strides Pharma, Rail Vikas Nigam

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

December 01, 2021 7:25 IST | India Infoline News Service
Stocks In Focus
Maruti Suzuki India: The company is expecting an adverse impact on vehicle production in December 2021 in both Haryana and its contract manufacturing company, Suzuki Motor Gujarat (SMG) in Gujarat, owing to a supply constraint of electronic components due to the semiconductor shortage situation. Though the situation is quite dynamic, it is currently estimated that the total vehicle production volume across both locations could be around 80-85% of normal production.

NTPC: Unit-4 of 250 MW capacity of Nabinagar Thermal Power Project (4X250 MW) of subsidiary Bhartiya Rail Bijlee Company is declared on commercial operation. With this, the commercial capacity of NTPC group will become 67,907.5 MW.

Hathway Cable & Datacom: The company has acquired balance 3.64% shares of subsidiary Hathway Kokan Crystal, for Rs 54,880. Now Hathway Kokan Crystal has become a wholly-owned subsidiary of the company.

Strides Pharma Science: SBI Funds Management sold 66,400 equity shares in the company via open market transactions on November 29, reducing shareholding to 5.42% from 5.50% earlier.

Rail Vikas Nigam: The company signed MoU with Economic Policy Research Institute of KYRGYZ Republic, Government of Kyrgyzstan, for development of railway corridor projects in Kyrgyz Republic specially to connect from Bishkek to Karakechenskoye.

NMDC: The company has fixed the price of lump ore (65.5%, 6-40mm) at Rs5,200 per tonne, and fines (64%, -10mm) at Rs4,560 per tonne.

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