Share Market: Top Stocks to Watch Today (18th Nov, 24 – Monday)
Oil and Natural Gas Corporation: ONGC has reported increased production targets for the upcoming quarter. Government-backed, extensive reserves, and a strong track record in oil and gas exploration.
NTPC Limited: NTPC is focusing on increasing its renewable energy capacity and has announced new solar and wind projects. Largest power generation company in India, strong financial performance, and commitment to clean energy.
State Bank of India: SBI has launched a new savings account scheme with attractive interest rates. Largest public sector bank in India, extensive customer base, and government backing.
Axis Bank: Axis Bank has announced a partnership with a fintech company to enhance its digital offerings. Strong corporate banking segment, focus on digital transformation, and diversified loan portfolio.
Lupin Limited: Lupin has received regulatory approval for a new formulation in the Indian market. Strong domestic market presence, focus on chronic and acute therapies, and robust R&D capabilities.
Glenmark Pharmaceuticals: Glenmark has launched a new dermatology product in the Indian market. Strong dermatology portfolio, focus on specialty and niche segments, and consistent growth in the Indian market.
Patanjali: Patanjali has expanded its product portfolio with new launches in the health and wellness segment. Strong brand presence in Ayurveda and natural health products, extensive rural and urban reach, and commitment to natural and herbal formulations.
ITC Limited: ITC has reported strong quarterly earnings driven by growth in its FMCG and agribusiness segments. Diversified business model with interests in FMCG, hotels, paperboards, and agribusiness, strong financial performance, and wide distribution network.
DLF Limited: DLF has reported strong quarterly earnings with significant growth in its residential segment. Market leader in real estate, extensive land bank, and diversified project portfolio.
Shobha: Shobha Realty recently launched two new megaprojects worth $6.53 billion in Dubai. These projects, named Sobha 1 and Hartland 2, are expected to be completed in five to eight years. Shobha Realty is a backward integrated real estate company, meaning it handles construction, manufacturing, design, and engineering in-house. This allows for better quality control and efficiency. The company has a strong track record of delivering projects on time and maintaining high standards.
Disclaimer: Please note that these are our observations based on the current market performance and past data. It is always a good idea to do your own research before making any trading decisions. Also, consider using fundamental & technical analysis tools to identify entry and exit points. Always stay informed about market news and events that could impact these stocks.
Happy Trading 😊
