The GIFT Nifty futures, which are an early indicator of the Nifty50 index stocks, were trading lower by 7 points at 25,809, indicating that the domestic benchmark indices are likely to make a negative start on Monday. 

Earlier on Monday, 12 January, the Domestic benchmark indices S&P BSE Sensex slipped by 605 points or 0.72%, and settled at 83,576, while the Nifty50 traded 0.75% lower or 194 points, closing at 25,683.

Here are some stocks that are likely to remain in focus on 12 January.

Lloyds Engineering: Lloyds Engineering Works has signed a purchase agreement with The Materials Works (TMW), USA. Under the agreement, the company can manufacture and sell unlimited EPS Gen 4 cells using TMW’s patented technology, subject to the payment of an agreed earn-out to TMW for a specified period.

Lemon Tree Hotels: Coastal Cedar Investment BV, an affiliate of Warburg Pincus, will acquire the entire 41.09% equity stake held by APG Strategic Real Estate Pool NV in Lemon Tree Hotels’ subsidiary, Fleur Hotels. The board has approved a shareholders’ agreement that allows Warburg Pincus to make a primary investment of up to Rs 960 crore in tranches to fund Fleur’s future growth.

NTPC: NTPC has entered into a shareholders’ agreement with Maharashtra State Power Generation Company (MAHAGENCO) to acquire Sinnar Thermal Power Limited (STPL) for Rs 3,800.14 crore. STPL, which is undergoing the Corporate Insolvency Resolution Process, owns a 1,350 MW (5 × 270 MW) coal-based thermal power plant at Sinnar in Nashik district, Maharashtra.

Websol Energy System: The Andhra Pradesh government has approved Websol Energy System’s proposed greenfield 4 GW solar cell and module manufacturing project at MPSEZ, Naidupeta. As part of the facility, the company plans to set up a 100 MW captive solar power plant to ensure reliable access to renewable energy and improve operating cost efficiency.

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