Stocks To Watch Out on October 10, 2024: RCF Ltd Share, GTPL Hathway Shares in Focus

On October 10, the Indian benchmark indices Nifty 50 and Sensex are supported by the global rally on Wednesday, October 9.  Check out a few stocks, which will be in focus during the trading session

• RCF Ltd

The board of directors of RCF Ltd has approved a purchase order with Larsen & Toubro Ltd for developing a complex fertiliser plant at its Thal facility with a capacity of  1200 MTPD (DAP basis). The timeline for the construction of the plant has been set for 27 months.

• GTPL Hathway

The digital cable TV and broadband service provider released its Q2 FY25 results, wherein, it reported a drop of 62.9% YoY in net profit at ₹12.7 crore. 

• PNC Infratech

The leading Infrastructure company announced via an exchange filing that it has been selected as the lowest (L1) bidder by the City & Industrial Development Corporation of Maharashtra Ltd (CIDCO) for an engineering, procurement, and construction project.

• Britannia Industries

Britannia Industries and Bel Group announced the opening of a new cheese manufacturing plant in Ranjangaon, Maharashtra, as part of their joint venture, Britannia Bel Foods. This new plant is likely to produce Britannia The Laughing Cow cheese products locally.

• Vedanta

The mining giant has cancelled its board meeting for the second consecutive day on  October 9, during which the company’s board was to mull a fourth interim dividend for FY 2025 for its shareholders.

• Adani Enterprises

Adani Enterprises launched qualified institutional placement (QIP) following board and shareholder approval.

• Craftsman Automation

The auto component maker Craftsman Automation through an exchange filing announced that it has acquired a 100% stake in Sunbeam Lightweighting Solutions Private Ltd for ₹376 crore. The transaction included the purchase of all Sunbeam securities and an investment in optionally convertible debentures (OCDs) of Sunbeam.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.