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Stocks To Watch Today: Vedanta, PG Electroplast, HG Infra, Zaggle Prepaid

Vraj Iron and Steel, Kirloskar Brothers and Bharat Forge are some of the other stocks to watch before going into trade today.

<div class="paragraphs"><p>Vedanta, PG Electroplast, HG Infra Engineering, Zaggle Prepaid, Bharat Forge will be the stocks to watch before going into trade. (Photo Source: Envato)</p><p></p></div>
Vedanta, PG Electroplast, HG Infra Engineering, Zaggle Prepaid, Bharat Forge will be the stocks to watch before going into trade. (Photo Source: Envato)

PG Electroplast Ltd., Vedanta Ltd., HG Infra Engineering Ltd., Zaggle Prepaid Ocean Services Ltd. and Bharat Forge Ltd. will be the stocks to watch before going into trade on Tuesday.

PG Electroplast secured a deal to contract manufacture select Whirlpool branded semi-automatic washing machines. Vedanta stock will trade ex-date for its fourth interim dividend this year. Zaggle Prepaid raised Rs 595 crore via share sale to institutional investors.

Stocks To Watch

  • PG Electroplast: The company signed an agreement with Whirlpool to contract manufacture select Whirlpool branded semi-automatic washing machines.

  • HG Infra Engineering: The company’s arm entered into a battery energy storage purchase agreement with NTPC Vidyut Vyapar Nigam for procurement of 185 MW on a long term basis.

  • Bharat Forge: The company will infuse $64.5 million in arm Bharat Forge America.

  • Zaggle Prepaid: The company raised Rs 595 crore via QIP. The company allotted 1.14 crore shares at issue price of Rs 523.2 per share, which indicates a 5% discount to floor price.

  • Vraj Iron and Steel: The company successfully started commercial operation of a sponge iron plant in Bilaspur.

  • MIC Electronics: A competent authority approved capacity cum capability assessment for GPS location based public address and passenger information system.

  • Bansal Wire Industries: The company announced its new product Hose Wire (Brass Coated Hose Reinforcement Wire) in the industrial product category.

  • Kirloskar Brothers: Ravish Mittal resigned from the position of CFO due to personal reasons.

  • Websol Energy System: The company placed a purchase order for equipment for capacity addition of cell lines at Falta plant. The new line is expected to be installed and commissioned in the June quarter of next year, and begin commercial production in July 2026.

  • TVS Motor: The company completed acquisition of 39.11% stake in DriveX. Post acquisition, the company's holding has increased to 87.38%.

Opinion
Trade Setup For Dec. 24: NSE Nifty 50 Finds Immediate Support Near 23,600

Stocks Going Ex-Date

  • Vedanta: The company had declared a dividend of Rs 8.50 per equity share with a face value of Re 1, and the record date for eligibility is set on Monday.

Opinion
Buy, Sell Or Hold: Tata Motors, LIC, SBI, Cipla, Swiggy, NTPC—Ask Profit
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