Stocks to Watch Today: Monte Carlo, Belrise, Emcure Pharma, GPT Infra, Surana Telecom, Vikran Engineering, Federal Bank in focus on 24 December

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Stocks to Watch, 24 December: Stocks like Monte Carlo Fashions, Rail Vikas Nigam, Zydus Lifesciences, Emcure Pharmaceuticals, GPT Infraprojects, SJS Enterprises, Surana Telecom, Vikran Engineering, Ajanta Pharma, Coal India, Federal Bank, Bliss GVS Pharma, GAIL India, Belrise Industries, and Marc Technocrats will be in focus on December 24.

Stocks to Watch Today, 24 December

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Let’s catch up on the latest news from the stock market. From significant investments to major deals, order wins, acquisitions, and appointments, here’s a quick look at which stocks will be in focus in today’s trade:

Stocks to Watch

Monte Carlo Fashions

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The company has received multiple Letters of Award (LOAs) from Madhya Pradesh Urja Vikas Nigam (MPUVNL) for solar PV-based power plants (SPPs) for solar photovoltaic power-generating stations, with a total capacity of 35 MW (AC), under the Surya Mitra Krishi Feeders Scheme – PM KUSUM-C. The EPC order is worth Rs 147 crore.

Endurance Technologies

A cybersecurity incident occurred on the company’s IT infrastructure. Upon detection, the company took immediate steps to isolate the affected systems, and remediation measures have been initiated to contain and mitigate the impact of the incident.

Based on the current assessment, there is no material impact on the core operations or financial position of the company.

Rail Vikas Nigam

Saleem Ahmad has been appointed as the Chairman and Managing Director of Rail Vikas Nigam, effective December 23. However, Sukhmal Chand Jain has ceased to be the Chairman and Managing Director of the company.

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Godfrey Phillips India

The company has filed a claim with the insurance company (insurer) for Rs 344.49 crore against the loss caused by a fire at the tobacco processing plant and warehouse of a third party in Andhra Pradesh, where the company processes and stores its tobacco leaf inventory.

Zydus Lifesciences

The company’s subsidiary, Zydus Lifesciences Global FZE, United Arab Emirates, has entered into a strategic partnership with Bioeq, a Swiss biopharmaceutical company, for the licensing, supply, and commercialization of Bioeq’s Vascular Endothelial Growth Factor (VEGF) inhibitor, Nufymco—an interchangeable biosimilar of Lucentis (Ranibizumab)—for the US market.

The Biologics License Application (BLA) for Nufymco was approved by the US Food and Drug Administration (USFDA) on December 18.

Ola Electric Mobility

The company’s subsidiary, Ola Electric Technologies, has received approval from its Board for the third tranche of allotment of 10 crore non-cumulative, non-participating, 0.001% Series A Optionally Convertible Redeemable Preference Shares (OCRPS), worth Rs 100 crore, to subsidiary Ola Cell Technologies, on a preferential basis through private placement.

Emcure Pharmaceuticals

The company has received the Establishment Inspection Report (EIR) from the US Food and Drug Administration (US FDA) for the inspection of its manufacturing facility at Lakhtar, Gujarat. The US FDA has classified the inspection as No Action Indicated (NAI).

GPT Infraprojects

The company has received an order worth Rs 199.2 crore from North Eastern Railway for the construction of substructures, including fabrication of superstructures and their launching, for important bridges over the River Rapti between Balrampur and Bahraich stations, in connection with the new line work between the Khalilabad–Bahraich section.

SJS Enterprises

The company has announced the execution of a Technology License-cum-Supply Agreement (TLA) with BOE Varitronix, Hong Kong, for the optical bonding and assembly of automotive display systems in India.

Surana Telecom and Power

The company has received eight Letters of Award (LOAs) worth Rs 175 crore for the development of a 51.3 MW solar power project in Madhya Pradesh.

Adani Ports and Special Economic Zone

The Board has approved the allotment of 14.38 crore equity shares of the company, on a preferential basis, to Carmichael Rail and Port Singapore Holdings Pte, for consideration other than cash, towards the discharge of the total non-cash consideration payable for the acquisition of 100% ordinary share capital of Abbot Point Port Holdings Pte from Carmichael Rail and Port Singapore Holdings Pte.

Vikran Engineering

The company has received a work order worth Rs 2,035.26 crore from Onix Renewables, a special purpose vehicle (SPV), for the development of 600 MW AC solar power projects across multiple locations in Maharashtra.

Ajanta Pharma

The specialty pharmaceutical formulations company has entered into an in-licensing agreement with Biocon for Semaglutide, a GLP-1 receptor agonist.

Under the agreement, Biocon will supply Semaglutide to Ajanta for exclusive marketing in 23 countries and semi-exclusive marketing in three countries across Africa, the Middle East, and Central Asia.

Coal India

The Board has given in-principle approval for the listing of South Eastern Coalfields (SECL) and Mahanadi Coalfields. The proposed in-principle listing of both subsidiaries is subject to the completion of various regulatory approvals.

Tata Steel

The Competition Commission of India has approved Tata Steel’s proposed acquisition of sole control of Tata BlueScope Steel by purchasing the remaining 50% equity shareholding currently held by BlueScope Steel Asia Holdings Pty Ltd.

Federal Bank

The Competition Commission of India has approved the acquisition of certain warrants of Federal Bank by Asia II Topco XIII Pte.

Upon full exercise of the warrants, Asia II Topco will hold 9.99% of the paid-up share capital of Federal Bank on a fully diluted basis.

Bliss GVS Pharma

The Board has appointed S. N. Kamath as the Managing Director of the company for a period of three consecutive years, subject to shareholders’ approval through a postal ballot.

Upon approval, Kamath will hold the office of Managing Director and Chief Executive Officer of the company. He is currently serving as the Chief Executive Officer.

Supreme Petrochem

Only the newly set-up mABS plant at Amdoshi, Maharashtra, has witnessed a temporary shutdown of operations due to the malfunctioning of a critical production equipment. The rest of the Amdoshi plant, engaged in the production of PS, EPS, GPPS, HIPS, and XPS, is fully operational without any hindrance.

Spandana Sphoorty Financial

The Board has approved and allotted 41,500 non-convertible debentures, having a face value of Rs 1 lakh per debenture, aggregating to Rs 415 crore, on a private placement basis.

GAIL India

The company has signed a Memorandum of Understanding (MoU) with the Government of Chhattisgarh for the development of a greenfield gas-based fertilizer project in the state.

Physicswallah

The company’s subsidiary, Penpencil Edu Services, has executed a sale deed for the acquisition of 1.76 acres of land for Rs 69.5 crore in Ranchi to support future business expansion.

Bulk Deals

Belrise Industries

SBI Mutual Fund has bought 5.12 crore equity shares, equivalent to 5.8% of the paid-up equity, in Belrise for Rs 788.3 crore, while BlackRock Global Investment Series – Global Equity Income Portfolio picked up an additional 70.5 lakh shares (0.79% stake) for Rs 108.37 crore at Rs 153.7 per share.

However, promoter entity Sumedh Tools was the seller in the deal, offloading its entire 5.83 crore shares (6.5% stake) for Rs 896.7 crore at the same price.

Restaurant Brands Asia

Amansa Investments sold 76 lakh shares of Restaurant Brands Asia at Rs 64.29 per share and 66.3 lakh shares at Rs 64.1 per share, amounting to Rs 91.37 crore.

As of September 2025, Amansa Investments held a 4.85% stake, while Amansa Holdings held 2.45% shares in Restaurant Brands Asia.

Capital Infra Trust

Pico Capital has acquired 34.6 lakh units, equivalent to 1.25% of the outstanding units, for Rs 25.27 crore at Rs 73.05 per unit from Neo Treasury Plus Fund.

TV Today Network

Promoter entity Living Media India has bought 4.5 lakh shares, equivalent to a 0.75% stake, for Rs 6.04 crore at Rs 134.4 per share. Meanwhile, HDFC Mutual Fund sold 4.76 lakh shares, equivalent to a 0.79% stake, for Rs 6.4 crore at Rs 134.41 per share.

SME Listing

Marc Technocrats

Global Ocean Logistics India

Stock Trades Ex-Date for Bonus

GRM Overseas

Stock Trades Ex-Date for Buy Back

Nectar Lifesciences

Stock Trades Ex-Date for Dividend

Prakash Pipes

Stock in F&O ban

Sammaan Capital