Stocks To Watch: Reliance Capital, Biocon, Airtel, Unichem Laboratories

India's stock benchmarks logged the biggest single day gain in a month on Thursday, advancing for the second consecutive session, aided by power, utility, information technology and oil and gas stocks. The S&P BSE Sensex rose 1.35% to 58,461.29. The NSE Nifty 50 advanced by a similar magnitude to 17,401.65. This is the most the two indices have gained since November 1.

Here are the stocks to watch in trade today:

• Reliance Capital: RBI has initiated insolvency proceedings against the company. The central bank has filed insolvency application at Mumbai bench of NCLT. Interim moratorium will commence from date of filing till admission/rejection.

• Biocon: Biocon Pharma, a subsidiary of the company, received approval of its ANDA for Mycophenolic Acid from the U.S. FDA.

• Unichem Laboratories: The company has received ANDA approval for its Aripiprazole Tablets USP from the U.S. FDA.

• Bharti Airtel: The company has given a clarification on report of talks to buy stake in Dish TV. As a matter of policy, we do not comment on media speculation or reports, Bharti Airtel said. The company evaluates various opportunities of restructurings, alliances or acquisitions and other similar avenues as per its requirements in the ordinary course of business.

• NHPC: To consider the proposal regarding monetisation of Return on Equity of one power station of the company through securitisation for suitable tenure on December 7.

• Apollo Pipes: Crisil Ratings has upgraded the long-term credit rating of bank loan facilities-- of Rs 180.2 crore-- of the company to A/stable and short-term rating to A1.

• India Tourism Development Corporation: Ministry of Tourism has appointed Sambit Patra as part time non-executive director and chairman of the company for three years.

• Sona BLW Precision Forgings: India Ratings & Research has upgraded the company's long-term issuer rating to AA from AA- and the outlook is stable.

• Delta Corp: Waterways Shipyard, an associate company of Delta Corp, to acquire 50% stake in WSPL Containers for Rs 5 crore. The acquisition is expected to be completed by December 31.

• DCB Bank: The bank has revised Marginal Cost of Funds based Lending Rate across tenors. It has also revised its Base Rate to 10.50% per annum from the earlier Base Rate of 10.64% p.a. The revised rates will be applicable with effect from December 6, 2021.

Offerings

• Star Health and Allied Insurance Co.'s IPO was subscribed 79% on the final day.

• The Rs 619-crore initial public offering of Tega Industries was subscribed 13.87 times on the second day.

• Anand Rathi Wealth IPO was subscribed 1.6 times on the first day.

Pledge Share Details

• Chambal Fertilisers & Chemicals: Promoter Zuari Global revoked pledge of 5.60 lakh shares between November 29-30.

• Cholamandalam Financial Holdings: Promoter Lakshmi Ramaswamy Family Trust created a pledge of 1.25 lakh shares on November 29.

• Emami: Promoter Sneha Enclave created a pledge of 1.76 lakh shares on November 30.

• Swan Energy: Promoter Dave Impex created a pledge of 51 lakh shares on November 30.

• Wockhardt: Promoter Themisto Trustee Company created a pledge of 4 lakh shares on November 30.

  As reported on December 2.

Bulk Deals

• Redington (India): Marina IV (Singapore) Pte sold 54.40 lakh shares at Rs 150.42 per share.

• Kirloskar Oil Engines: Franklin Templeton Mutual Fund India Taxshield Open bought 10 lakh shares (0.69%) at Rs 180 per share. Franklin Templeton Mutual Fund India Prima Plus bought 30 lakh shares (2.07%) at Rs 180 per share. Nalanda India Fund sold 52 lakh shares (3.60%) at Rs 180.92 per share.

• Karda Constructions: Societe Generale bought 36 lakh shares (0.59%) at Rs 16.65 per share.

Insider Trades

• Aditya Birla Capital: Promoter Birla Group Holdings bought 3.87 lakh shares on November 26.

• Bajaj Holdings & Investment: Promoters (Bachhraj & Company and Bachhraj Factories) bought 1.14 lakh shares between November 29-December 1.
  Bajaj Auto: Promoter Maharashtra Scooters bought 30,000 shares on December 1.

• DB Realty: Promoter Vinod Goenka HUF bought 10,000 shares on December 1.

• Grasim Industries: Promoter IGH Holdings bought 3 lakh shares between November 26-30.

• Lincoln Pharmaceuticals: Promoters (Ashish Patel, Jigar Patel and Aniruddh Patel) bought 70,500 shares between November 30-December 1.

• Meghmani Finechem: Promoters (Maulik Patel, Ashishbhai Soparkar, Patel Karana and Meghjibhai Patel) bought 41,309 shares on December 1.

• Shoppers Stop: Promoter Neel Raheja bought 20,000 shares on November 30.

• Star Cement: Promoter Prem Bhajanka bought 42,560 shares on November 29.

Who's Meeting Whom

• Nuvoco Vistas Corporation: To meet Principal Mutual Fund and DAM Capital on December 3.

• Puravankara: To meet India Capital Fund, Old Bridge Capital Management, Premji Invest, Tata Mutual Fund and Value Quest Investment Advisors on December 3.

• Kalyan Jewellers India: To meet Rare Enterprises on December 6.

• Adani Green Energy: To meet equity research analyst on December 6-7.

• Accelya Solutions India: To meet Nirmal Bang Securities on December 7.

• IIFL Finance: To meet Motilal Oswal AMC on December 7.

Trading Tweaks

• Ex-Date Bonus Issue: Indian Energy Exchange

• Move Into Short-Term ASM Framework: PNB Housing Finance, Aurionpro Solutions