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Trending stocks today: Siemens India, Bharat Global Developers and Vakrangee

Trending stocks today: Siemens India, Bharat Global Developers and Vakrangee

New Delhi: Indian indices were in positive territory on Monday as the volatility gauge VIX cooled down and industry heavyweights such as HDFC Bank and Reliance Industries drove gains. JSW Steel and ZOmato will be in focus ahead of the annual Sensex shuffle scheduled for December 23, 2024.

Here are stocks that were trending on Monday, December 23, 2024:

Siemens India share price

Siemens Idna’s share price tanked 0.72 per cent to Rs 6,819.35 apiece. The German engineering giant’s share price has declined over 14 per cent in the past 5 days owing to a target price cut by brokerages citing a lower than expected growth forecast. Siemens Idnia’s share price was down 10 per cent in the previous session. Elara Capital slashed the target price to RS 7,670 per share while Nuvama cut Siemens India’s share price target to Rs 7,000 apiece, Moneycontrol reported.

Vakrangee share price

Vakrangee’s share price slipped 1.25 per cent on Monday to RS 32.25 apiece. The company’s stocks were in focus on Monday following board approval for a 35 crore issuance of convertible warrants through preferential share allotment to raise Rs 980 crore. The proposal awaits approval from shareholders.

Bharat Global Developers share price

Markets regulator SEBI halted trading in the real estate company’s shares until further notice leading to a lower 5 per cent circuit for the company’s shares on Monday. SEBI’s action came in response to a complaint filed on December 16, 2024, against Bharat Global Developers. A social media post also raised concerns about the company’s financials and disclosures, Moneycontrol reported. Bharat Global Developers’ share price was down 5 per cent to Rs 1,236.45 apiece.

(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)

 

 Trending stocks today: Amid a surge in the Sensex and Nifty based on global cues, here’s why shares of Siemens India, Bharat Global Developers and Vakrangee are in focus today.  Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today


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