Stocks To Watch Today: Hudco, Waaree Energies, Zydus Lifesciences, Laurus Labs

Mazagon Dock Shipbuilders, Agro Tech Foods and BPCL are some of the other stocks to watch on Thursday.

Housing & Urban Development Corp., Paras Defence and Space Technologies Ltd. and Waaree Energies Ltd. are some stocks that will be on the radar on Thursday  (Source: Freepik)

Housing & Urban Development Corp., Paras Defence and Space Technologies Ltd. and Waaree Energies Ltd. are some stocks that will be on the radar on Thursday.

Hudco signed a memorandum of understanding with Vadhavan Port project to explore and provide funds up to Rs 25,000 crore for the development of new ports.

Paras Defence signed a memorandum of understanding with the Maharashtra government to invest around Rs 12,000 crore for a proposed Optics Park project over next 10 years. 

Stocks To Watch

  • Hudco: The company signed a memorandum of understanding with the Vadhavan Port project to explore and provide funds up to Rs 25,000 crore for the development of new ports.

  • Paras Defence: The aerospace and defence company signed a memorandum of understanding with the Maharashtra government to invest around Rs 12,000 crore for a proposed Optics Park project over the next 10 years. 

  • MAS Financial Services: The company is to consider investment in arm Rural Housing and Mortgage.

  • Waaree Energies: The company's arm, Waaree Solar Americas, commences commercial production of 1.6 GW Solar Module line in the US.

  • Mazagon Dock Shipbuilders: The Navratna company clarified that there was no contract signed between them and Jawaharlal Nehru Port Authority, as was erroneously reported by the media. 

  • Balmer Lawrie & Co: The steelmaker issued an undertaking in favour of PFC for infusing funds for meeting the shortfall in debt servicing of loan facility.

  • Zydus Lifesciences: The pharmaceutical company announced the USFDA orphan drug designation to Usnoflast for the treatment of amyotrophic lateral sclerosis. 

  • Agro Tech Foods: The CCI approved the proposed acquisition of Del Monte Foods.

  • Bharat Petroleum Corp: The board approved the submission of the development plan to the Indonesian regulator. An estimated investment of $121 million would commence once the development plan for the Nunukan Block, aimed at exploring oil and gas reserves, gets approved.

  • Laurus Labs: The US FDA issued a form 483 with one observation to the company's US-based arm Laurus Generics.

Also Read: Stock Market Jan. 22 Highlights: Nifty, Sensex Gainers And Losers

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