Stocks to Watch Today: Mankind Pharma and Suzlon Energy Lead the Stock Market

Key Stocks in Focus for the Day

Here’s a look at stocks that are trending in today’s market. Mankind Pharma has gained essential regulatory approvals, allowing it to proceed with its acquisition of Bharat Serums and Vaccines. This pivotal acquisition, formalized in July 2024, is part of Mankind’s growth strategy in the pharmaceutical sector.

Market Movements

Adani Enterprises is consolidating its subsidiaries into Adani New Industries, a move aimed at boosting its green energy initiatives. Furthermore, a $1.3 billion share sale to institutional investors is also underway.

• Suzlon Energy has received warnings from both NSE and BSE regarding compliance with SEBI regulations.
• NTPC signed an MoU for developing a 1,600 MW pumped storage project in Rajasthan.
• Godrej Properties is set to raise ₹6,000 crore for future expansions.
• HCL Tech partners with Foxconn for a major semiconductor investment.

Pharmaceutical Sector Highlights

• Zydus Lifesciences has received tentative approval from USFDA for Enzalutamide tablets.
• Aurobindo Pharma also obtained final USFDA approval for Cephalexin tablets, granting it exclusivity.

Infrastructure and Growth

Ashoka Buildcon secures contracts worth ₹1,264 crore for regional infrastructure projects, proving its essential role in development. Hindustan Zinc reports production increases, indicating a healthy operational outlook.

Vehicle Sales Surge

Maruti Suzuki records total sales of 1.84 lakh units for September 2024, while Eicher Motors sees an 11% growth in sales.

For more details on these trending stocks today, explore further news articles.