Mumbai: As the stock market opened on December 12, 2024, shares of Bajaj Housing Finance, ITI, Mishtann Foods, Vedanta, Jupiter Wagons, and Shakti Pumps were in focus today. The trends showed that the mentioned stocks are garnering huge search volumes. BSE benchmark Sensex appreciated 83.73 points to 81,609.87 in early trade today. The NSE Nifty went up 12 points to 24,604.45.
Bajaj Housing Finance share price dropped nearly 5 per cent today morning to Rs 134.49. The counter is in focus as the three-month shareholder lock-in period for anchor investors comes to an end. The Rs 6,560-crore initial public offer (IPO) of Bajaj Housing Finance had received tremendous response, with subscriptions touching Rs 3.23 lakh crore.
ITI shares were trading in Green at Rs 368. The PSU stock recorded a steep decline yesterday. ITI stock has gained around 25 per cent in the last one month.
Mishtann Foods share price jumped nearly 5 per cent to 10.34 at around 10:25 am today. The stock gained after the company said that the “allegations made in the interim order of SEBI are baseless and devoid of any reality”. “The prima facie view of the legal team is that the Order is unsustainable in law. Mishtann Foods Ltd. is therefore in the process of taking steps qua the Order in accordance with law and vehemently denies all allegations and insinuations in the Order,” Mishtann Foods told the exchanges.
Mishtann Foods shares fell drastically after SEBI barred the company and its promoter and CMD Hiteshkumar Gaurishankar Patel from the securities market.
Shakti Pumps: Shakti Pumps share price jumped 5 per cent to trade at Rs 856.55 apiece. Stock Market Today: Shakti Pumps shares hit the 5% upper circuit limit after the company confirmed to receive a Letter of Empanelment from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 25,000 standalone off-grid DC Solar Photovoltaic Water Pumping Systems (SPWPS).
Vedanta share price gained after the company said its board will meet next week to consider the fourth interim dividend for the financial year 2024-25. “Board of Directors of the Company (the “Board”) is proposed to be scheduled on Monday, December 16, 2024, to consider and approve the Fourth Interim Dividend on equity shares, if any, for the Financial Year 2024-25,” Vedanta stated in its exchange filing.
Jupiter Wagons share price jumped nearly 4 per cent to 572.80 today morning. The railway stocks are in focus as the Union Cabinet has given its green signal to railway infrastructure projects worth Rs 7,927 crore and possibility of new announcements for the railway sector in the upcoming Union Budget 2025-26.
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Trending Stocks Today: Shakti Pumps, Mishtann Foods, Bajaj Housing Finance, ITI, Vedanta, and Jupiter Wagons share price in focus on December 12, 2024. The stick market opened in Green on Thursday. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
