Data Patterns, L&T Finance, IndiGo, SpiceJet and other stocks to watch out for on December 24

Dec 24, 2021

By: Rounak Jain

Data Patterns

The aerospace and defence electronics solutions provider’s shares will debut on the stock exchanges today.

Credit: Data-Patterns

Contd...

Its IPO received 120 times subscription and the grey market premium is hovering at 40 percent, which is around ₹250 per share.

Credit: Data-Patterns

L&T Finance Holdings

Divested its mutual fund business to HSBC AMC for ₹3,200 crore. Its assets under management stood at ₹80,000 crore this year.

Credit: LT-Finance-Holdings

Dr. Reddy's Laboratories

Merck’s Covid-19 pill, which has also been licensed by Dr. Reddy’s, has received US FDA authorisation.

Credit: Dr-Reddys-Laboratories

IndiGo, SpiceJet

The Ministry of Civil Aviation has issued fresh guidelines for domestic and international passengers visiting Delhi, including thermal screening and random sample collection.

Credit: BCCL

Indian Oil

Announced plans to set up a new crude oil pipeline at an outlay of ₹9,028 crore, running from Mundra in Gujarat to Panipat in Haryana, with a capacity of 17 million tonnes per annum.

Credit: BCCL

TCS

Swiss insurance company La Mobiliere has awarded a contract to TCS to drive its digital transformation.

Credit: TCS

Tega Industries

Approved setting up an additional plant in Chile at an outlay of ₹175 crore.

Credit: Tega-Industries

Biocon

Initiated clinical study of Itolizumab, an anti-CD6 monoclonal antibody used in the treatment of acute psoriasis.

Credit: Biocon

Adani Enterprises

Incorporated Adani Data Networks Ltd., a new wholly-owned subsidiary that will provide domestic and international data connectivity services.

Credit: Adani-Enterprises

Global stocks rally even as Sensex, Nifty fall sharply on Friday