Stocks to Watch: These 8 stocks will be in focus next week, strong gains possible – stocks to watch these 8 stocks will be in focus next week, strong gains possible

Stocks in Focus: The trading week ended on a strong note for the Indian stock markets. Both Sensex and Nifty closed in the green with a gain of 1.6%. Good news on the domestic front supported the market throughout the week. However, the market witnessed some fluctuations on the last trading day. Now investors are eyeing those stocks next week which can remain in focus due to big news and important announcements. Here we are talking about 8 such stocks:

1. Maruti Suzuki

The country’s largest auto company Maruti Suzuki has announced the recall of 39,506 units of its Grand Vitara SUV. According to the company, vehicles manufactured between December 9, 2024 and April 29, 2025 will be investigated for possible technical defects. Due to this, the company’s shares may be affected next week.

2. IRB Infrastructure Developers

The stock will be in the news on Monday as its subsidiary IRB Infrastructure Trust has bagged a big TOT (toll-operate-transfer) project from NHAI. This project to be done in Uttar Pradesh is worth ₹9,270 crore, which is considered to be a big booster for the company.

3.Amber Enterprises India

IL JIN Electronics, a subsidiary of Amber Enterprises, has entered into an agreement to purchase a majority stake in Shogini Technoarts Private Limited. This acquisition is expected to further strengthen the company’s electronics manufacturing capability.

4. Glenmark Pharmaceuticals

Glenmark has increased its consolidated net profit by 72% to ₹610 crore in the second quarter, compared to ₹354 crore in the same period last year. The company released its results after market close on Friday. After strong quarterly results, its shares will now be under watch on Monday.

5. Trualt Bioenergy

The company has signed a non-binding MoU with Andhra Pradesh Economic Development Board (APEDB). The proposed project will involve an investment of approximately ₹2,250 crore. This agreement is believed to give impetus to the company’s future expansion plans.

6. Alembic Pharmaceuticals

Alembic Pharma has received final approval for ANDA of Diltiazem Hydrochloride Tablets from USFDA. This medication is used in the treatment of high blood pressure and angina. After getting the approval, the company’s presence in the American market will be further strengthened.

7. Anant Raj

Real estate and infrastructure company Ananth Raj plans to invest around Rs 4,500 crore in Andhra Pradesh. The company will build a new data center and IT park. Its subsidiary ARCPL has also signed MoU with APEDB.

8. Minda Corporation

Auto component manufacturer Minda Corporation has informed about the resignation of its Group CFO and KMP Vinod Raheja. Change in top management usually attracts the attention of investors, so this stock will also be under observation next week.

Also read- Dividend Stocks: These 7 companies are giving dividend up to Rs 5 on every share, next week is the record date.

Disclaimer: The views and investment advice given by experts/brokerage firms on Moneycontrol are their own and not those of the website and its management. Moneycontrol advises users to consult certified experts before taking any investment decision.

Source link

Leave a Comment