Stock Market Live Updates 18 December 2024: Stock to buy today: United Spirits (₹1,561.65) BUY

Granules: Company’s generic ADHD drug gets U.S. FDA nod. (Positive) 

MTNL: CARE Rating upgrades ratings of Bonds of Company. (Positive) 

JSW Energy: South Korea’s LG Energy is in talks with India’s JSW Energy to manufacture batteries for electric vehicles and renewable energy storage in a joint venture that would need an investment of over $1.5 billion. (Positive) 

Minda Corporation: Company announced a new 50/50 joint venture with HSIN Chong Machinery Works Co., Ltd called Minda-HCMF Technologies Private Limited. (Positive) 

Sonata Software: Company launched IntellQA, a new AI-powered test acceleration platform. (Positive) 

Fermenta Biotech: Company to Sell Its Commercial Office Premises at Worli, Mumbai, Deal For Rs 400 Million (Positive) 

Supriya Lifescience: Company inaugurates state-of-the-art module e Producɵon block at lote Parshuram, Maharashtra. (Positive) 

Aditya Birla Real Estate: Company’s subsidiary, Birla Estates, acquired a 70.92-acre land parcel in Boisar for Rs 104.3 Cr. (Positive) 

Cellecor Gadgets: Company partners with Epack durable Pvt Ltd to strengthen air conditioner manufacturing. (Positive) 

Gulf Oil Lubricants: Company extends exclusive partnership with Piaggio India by 8 years. (Positive) 

GIPCL: Company says award of EPC contract for BOS package at Khavda for a 500 mw (AC) solar PV project at Khavda, located in the great Rann of Kutch, Gujarat. (Positive) 

LTIMindtree: Company gets interim stay on tax order or ₹88 cr from High Court of Karnataka. (Positive) 

Jindal Saw: Company to acquire 31.20% stake in Renew Green Energy. (Positive) 

Tourism stocks: India leads global tourism surge with record spending and luxury travel trends. (Positive) 

Infosys: Company collaborates with Google Cloud to boost enterprise AI innovation, establishes center of excellence. (Positive) 

HCC: QIP Issue fully subscribed, strong demand seen amongst institutions. (Positive) 

Route Mobile: Company appoints Gautam Badalia as CEO of the company. (Positive) 

Chennai Petro: Government nominates Arvinder Singh Sahney as part- time Chairman of board of directors. (Positive) 

Ambuja Cement: Announces merger with its subsidiaries – Sanghi and Penna Cement Industries (Positive) 

Glenmark Life: MCA approves change of name of company to Alivus Life Sciences: Exchange Filing. (Neutral) 

Aurobindo Pharma: U.S. FDA inspection closes with 2 observations at arm Apitoria Pharma (Neutral) 

Oil India: Company appoints Shri Trailukya Borgohain as Director (Operations), effective December 17, 2024. (Neutral) 

Exide Industries: Company invested Rs 99.99 Cr in its subsidiary, Exide Energy Solutions, maintaining its 100% shareholding. (Neutral) 

Elpro International: Company Acquired Shares of Blue Jet Healthcare for Rs 75.4 Million. (Neutral) 

IIRM Holdings India: Company approved a right issue of up to Rs 44 Cr in equity shares. (Neutral) 

Sun TV Network: NCLT approved scheme of amalgamation of south Asia FM, JVS/associate Companies (Neutral) 

Brooks Laboratories: Company approved a preferential issue of up to 33 lakh shares at Rs 141.5 share. (Neutral) 

Bartronics: Kinex India Private Limited proposes to sell 2 cr equity shares representing 6.57% of the share capital of the Company through OFS (Neutral) 

SpiceJet plans: Revival after raising Rs 3,000 cr QIP in September, as per sources. (Neutral) 

Piramal Enterprises: Company to consider public issuance of NCDs on December 20. (Neutral) 

Aditya Birla Sun Life AMC: Vikas Gautam resigns as CEO – International Business of the company w.e.f. December 31, 2024 (Neutral) 

Alembic Pharma: Company issues corporate guarantee of $10 m in favour of HSBC Bank, Chile for Chile-based arm Alembic Pharmaceuticals SpA. (Neutral) 

Pondy Oxides: Company opens QIP, sets floor price at ₹902.93/sh. (Neutral) 

Muthoot Capital: To consider issuance of non-convertible debentures on private placement basis on December 20, 2024 (Neutral) 

Swiggy/Zomato: Ola has started 10 min food delivery in Bengaluru- called Ola Dash. (Neutral) 

Shriram Finance: Company is in advanced talks for a multicurrency, multitranche social loan of about $1.25b-Bloomberg. (Neutral) 

Adani Energy: Company incorporates arm Adani Energy Solutions Step-Eleven for transmission, distribution and supply of power. (Neutral) 

Va Tech Wabag: Tender for Saudi Arabia’s 300 MLD mega SeaWater Desalination Plant won by the comoany stands cancelled. (Negative)