These stocks are likely to be in focus on January 7
On Thursday, the frontline equity indices, i.e., Sensex and Nifty plunged heavily from their last trading session levels.
At close, the Sensex was down by 621.31 points or 1.03% at 59,601.84 and the Nifty was down by 179.35 points or 1% at 17,745.90.
These stocks are likely to be in focus for Friday's trading session -
Larsen and Toubro Limited: The Water & Effluent Treatment Business of L&T Construction has secured a slew of orders from various prestigious clients. The Department of Water Supply and Sanitation, Punjab has awarded two EPC orders for the Bulk Supply of Treated Water to 10 lakh people across 412 villages and 15 dhanies in the Fazilka and Ferozepur districts of Punjab on a DBOT (Design Build Operate Transfer) basis. The scope of work comprises design and construction of raw water intake systems, storage and sedimentation tanks, water treatment plants of a total capacity of 114 MLD, clear water reservoirs with pumphouse, supply, and laying of transmission pipelines, and associated Electromechanical & Instrumentation works. The scrip was down by 1.30% at Rs 1922.90 at market close on Thursday.
Alembic Pharmaceuticals Limited: Alembic Pharmaceuticals Limited announced that it has received final approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Entacapone Tablets USP, 200 mg. The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD) Comtan Tablets, 200 mg, of Orion Corporation. Entacapone Tablets are indicated as an adjunct to levodopa and carbidopa to treat end-of-dose "wearing-off" in patients with Parkinson's disease. The stock was 0.16% up at Rs 815.35 on the BSE.
Page Industries Limited: The stock of Page Industries, India’s leading apparel maker, has hit its 52-week high today at Rs 42,173. The stock surged 2.06% to Rs 42,059.55 extending its winning run to the fifth consecutive trading session. In the last month, the stock moved nearly 9% higher as compared to a nearly 4.6% rise in the Nifty 50 index. The stock was 1.97% high at Rs 42,012 at market close on Thursday.
52-week high stocks – From the BSE 500 pack, the stocks of Balrampur Chini Mills, Page Industries, Poonawalla Finance, Tata Teleservices (Maharashtra), and Thermax have hit their 52-week high price on Thursday.
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