These stocks are likely to be in focus on March 11
On Thursday, the headline indices Sensex and Nifty 50 ended on a higher note as the assembly elections results were declared. Also, crude oil was down by 12% in the morning session and ended 4% higher at US$ 113 per barrel on Thursday.
The Sensex was at 55,464.39 up by 817.06 points or 1.50% and the Nifty was at 16,594.90 up by 249.55 points or 1.53%.
On the BSE, 2,433 shares have advanced, 929 shares have declined, and 98 shares are unchanged.
These stocks are likely to be in focus for Friday's trading session:
Exide Industries Limited: Exide Industries has entered into a multi-year technical collaboration agreement with SVOLT Energy Technology Co. Ltd (SVOLT). As part of the agreement, SVOLT will grant Exide an irrevocable right and license to use, exploit and commercialize necessary technology and know-how owned by them for lithium-ion cell manufacturing in India. Additionally, SVOLT will also provide the support required for setting up a state-of-the-art greenfield manufacturing plant on a turnkey basis.
The scrip of the company was at Rs 151.15, up by 2.13% on the BSE.
Larsen and Toubro Limited: The construction arm of Larsen Et Toubro has secured various orders for its businesses. The Railways SBU of L&T Construction's Transportation Infrastructure IC has secured an Engineering, Procurement and Construction (EPC) order from IRCON International LTD involving 25kV Overhead Electrification, Signaling and Telecommunication, and associated works for 549 RKM/678 TKM railway lines pertaining to the Northeast Frontier Railway. Also, its business of Buildings and Factories IC has secured a prestigious order from a global FMCG manufacturer for Design Et Construction of a food processing facility in Gujarat, India. The business has also secured an order from a prestigious client to expand a super speciality hospital in Kolkata by 250 beds on Design and Build basis.
The shares of L&T were up by 2.20% at Rs 1,728.35 at market close on the BSE.
Tata Power Limited: Tata Power has collaborated with Enviro - the facility management wing of the NCR-based real estate developer Vatika Group to install 59 EV charging points at its properties across Gurugram, Haryana. The EV chargers will be installed at 18 locations across the properties of Vatika Group in Gurugram. These chargers will be made available as Public Charging Stations and Semi-Public based on the nature of the premises. The shares of Tata Power were up by 1.33% at Rs 232.30 at market close on the BSE.
52-week high stocks: From the BSE 500 pack, the stocks of Swan Energy, GNFC, and Balrampur Chini Mills have hit their 52-week high on Thursday.
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