These stocks are likely to be in focus on March 29

These stocks are likely to be in focus on March 29

by 5paisa Research Team Last Updated: 2022-03-28T17:21:34+05:30

On Monday, the headline indices Sensex and Nifty 50, opened on the lower side only to end in the green territory at day end.

The Sensex was at 57,593.4, up by 231.29 points or 0.40% and the Nifty was at 17,222.00 up by 69 points or 0.40%.

 On the BSE, 1,173 shares have advanced, 2,334 shares have declined, and 157 shares are unchanged.

These stocks are likely to be in focus for Tuesday's trading session:

HCL Technologies Limited: HCL Technologies has been selected to provide global service desk and on-site support to Novo Nordisk. Through the partnership, HCL will help Novo Nordisk transform its IT operations and create world-class end-user experiences and drive efficiency across its workforce.

HCL will implement a multilingual and omnichannel digital workplace solution for Novo Nordisk. Using the knowledge-centred service (KCS) methodology and its next-generation automation and self-service capabilities, HCL will support more than 48,000 end-users in 20 languages, across 58 countries and offer on-site IT services throughout the United States, Asia and Europe. The scrip of HCL was at Rs 1163.70 down by 1.31% on the BSE. 

Coal India Limited: The state-owned coal miner, till 24th March of the ongoing fiscal, has supplied an all-time high of 528 million tons (MTs) of coal to the country's power utilities. This is 98.50% of the prorated demand of 535 MTs projected by the Ministry of Power and Central Electricity Authority. The current trend of coal stock accumulation indicates, CIL opening the fiscal FY'23 with above 60 MTs at its pitheads. The stockpile of domestic coal at power plants is expected to rise to around 25 MTs by the closure of the fiscal and an additional 4.5 MTs will be available at goods sheds, washeries and ports. The stocks of CIL surged by 2.85%, to end at Rs 191.25 on the BSE.

Godrej Properties Limited: Godrej Properties Ltd has announced a brand new development project of 33 acres land parcel in the residential micro-market of Bannerghatta Road in South Bengaluru. The agreement is for an outright purchase with a 5% area share to the landowners. Bannerghatta Road is one of the established residential locations in South Bengaluru and has excellent connectivity to the Bannerghatta Main Road and the IT/ITES belt in Electronic City. The shares of the developer were at Rs 1628.10, up by 0.40% at market close on the BSE.

52-week high stocks: From the BSE 200 pack, the stocks of Adani Total Gas, Tata Elxsi, Adani Enterprises, Cummins India, Indian Hotels Company, and Hindalco Industries have hit their 52-week high on Monday.


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