Stocks To Watch Today: UltraTech Cement, Bharat Forge, BPCL, Nalco, Ceigall India

UltraTech Cement Ltd., Bharat Forge Ltd., Bharat Petroleum Corp., National Aluminium Co., and Ceigall India Ltd. will be among the stocks to watch before going into trade on Thursday.

UltraTech Cement will acquire a 26% stake in Clean Max Sapphire for Rs 45.8 crore, while it increased its ownership in India Cements to 55.49%.

BPCL's board approved pre-project activities for a Rs 6,100 crore refinery in Andhra Pradesh and emerged as the lowest bidder for an NTPC tender worth Rs 756.5 crore.

Bharat Forge will invest nearly Rs 345.6 crore in its German subsidiary Bharat Forge Global Holding GmbH.

• UltraTech Cement: The company will acquire a 26% stake in Clean Max Sapphire worth Rs 45.8 crore for the company’s green energy needs. Additionally, it completed the acquisition of a 32.72% stake in India Cements, taking its shareholding to 55.49%.

• Bharat Petroleum Corp: The board approved the commencement of pre-project activities to set up a Rs 6,100 crore refinery in Andhra Pradesh. It also emerged as the lowest bidder for the 150 MW NTPC tender worth Rs 756.5 crore.

• Bharat Forge: The company will invest €39 million in its wholly owned subsidiary Bharat Forge Global Holding GmbH. This follows the metal forging company's investment committee, at its meeting held on Dec. 24, approving an infusion of about Rs 345.6 crore into BFGH.

• Ceigall India: The arm executed a concession agreement with the NHAI for a road project worth Rs 981 crore.

• Transport Corp: The company has proposed the sale of its chemical logistics business to its arm TCI Chemlog.

• Capital India Finance: The board approved splitting each share into five.

• National Aluminium Co: The company signed a mining lease deed to mine coal in Odisha.

• Religare Enterprises: The company's arm Religare Broking received SEBI approval for a change in shareholding.

• Ramky Infrastructure: The company has received a letter of acceptance from the Hyderabad Metropolitan Water Supply and Sewerage Board for manning, operation, and maintenance of STPs and its connecting interception and diversion under the Hyderabad Metropolitan Water Supply and Sewerage Board jurisdiction. The Rs 215.1-crore project is to be executed for a period of five years.

• Apollo Hospitals Enterprise: The company’s arm Apollo Healthco to acquire the business of operating software from Searchlight Health for Rs 67.5 crore.