MARKETS

Stocks in Focus: Coal India, Dilip Buildcon, NIBE, and Others

Stocks in Focus: Lloyds Engineering, SEAMEC, RailTel, and Others - EP
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The GIFT Nifty futures, which is an early indicator of the Nifty50 index stocks, was trading higher by 82 points at 25,288, indicating that the domestic benchmark indices are likely to make a positive start on Wednesday.

Earlier on Tuesday, 14 October, the Domestic benchmark indices S&P BSE Sensex slumped by 297 points or 0.36%, and settled at 82,030, while the Nifty50 traded 0.32% lower or 82 points, closing at 25,145.

Here are some stocks that are likely to remain in focus on 15 October.

Coal India: Coal India signed a non-binding Memorandum of Understanding (MoU) with the Chhattisgarh Mineral Development Corporation to collaborate on the exploration and extraction of critical and other strategic minerals.

Dilip Buildcon: Dilip Buildcon, through its DBL-APMPL joint venture (DBL – 74% and APMPL – 26%), received a Letter of Acceptance (LOA) to develop a 100 MW grid-connected ground-mounted solar PV project under captive mode to supply power to Madhya Pradesh Jal Nigam for 25 years post-commissioning.

NIBE: The company announced securing purchase orders worth Rs 20.57 crore from a leading Indian infrastructure and defence company for the manufacturing and supply of multiple structures.

Oil India: Oil India signed a Memorandum of Understanding (MoU) with Mahanagar Gas to jointly explore opportunities across the LNG value chain and in emerging clean energy sectors.

Zydus Lifesciences: Zydus Lifesciences received a Notice of Compliance (NOC) from Health Canada for its generic Liothyronine tablets in 5 mcg and 25 mcg dosages, used primarily to treat hypothyroidism. These tablets recorded annual sales of CAD 10.9 million in Canada.

HCL Technologies: HCL Technologies joined the MIT Media Lab, a globally renowned research and innovation hub at the Massachusetts Institute of Technology (MIT). Through this collaboration, HCL will access the lab’s advanced research and networks and co-develop AI-driven projects focused on delivering impactful and scalable innovations.

Brigade Enterprises: Brigade Enterprises entered into a Joint Development Agreement (JDA) for its upcoming premium residential project in West Chennai, spread across 6.6 acres. The project carries an estimated Gross Development Value (GDV) of Rs 1,000 crore.

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