11 hours ago
Stocks to watch today: Dixon Tech, Enviro Infra, Tata Motors, Adani Energy
Stock markets started the week on a weak note as rising geopolitical tensions in the Middle East weighed on investor sentiment. The benchmark indices fell over half a percent on Monday. However, reports suggesting a possible ceasefire between Iran and Israel could help bring some stability to the market. As investors look forward to Tuesday's session, here are the key stocks to keep an eye TECHNOLOGIESShares of Dixon Technologies will be in focus after a big promoter-level transaction. Sunil Vachani, the promoter of Dixon, sold 16.7 lakh shares, which is 2.77% of the company's total equity. The shares were sold at an average price of Rs 13,301.47 each, totalling Rs 2,221.3 the same time, Motilal Oswal Mutual Fund bought 2.4% stake in the company, purchasing shares worth Rs 1,923.8 crore at an average price of Rs 13,307.96 per share. This shows continued interest from institutional investors in the electronics manufacturing services INFRA ENGINEERSEnviro Infra Engineers has won new projects worth Rs 306.30 crore in the domestic market. The company, which provides water and waste-water treatment solutions, also announced two major acquisitions in the renewable energy acquired Vento Power Infra, which owns a 40 MW solar power project in Odisha, for Rs 115.61 crore. It also bought Soltrix Energy Solution, which holds a 29 MW solar project in Maharashtra. The Maharashtra project will receive financial support of Rs 3.20 crore per MW from the state government, amounting to a total of Rs 92.80 crore. The project will earn Rs 0.88 per unit over 25 acquisitions mark Enviro Infra's strategic entry into the solar power business, with a combined capacity of 69 MOTORSTata Motors has revealed the pricing for its new electric SUV, the The vehicle will be available in rear-wheel drive variants. Bookings for the car will begin from July starting price for the basic "Adventure" variant is Rs 21.49 lakh. The top variant will be priced at Rs 27.49 lakh. This move reflects Tata Motors' continued focus on expanding its electric vehicle SHIPYARDA subsidiary of Cochin Shipyard has received an order worth between Rs 100 crore and Rs 250 crore to build two luxury river cruise vessels. The company did not disclose the exact value of the deal but said the new vessels would support growth in inland and river INFRA ENGINEERINGHG Infra Engineering has been declared the lowest bidder by the Military Engineer Services (MES) for a project at the Naval Dockyard in Mumbai. While the company did not reveal the bid amount, the announcement could help the stock as it shows a growing pipeline of government infrastructure ENERGYAdani Electricity Mumbai has completed an open market repurchase of senior secured notes worth $49.5 million. This move is part of the company's efforts to manage its debt and improve financial are expected to keep a close eye on developments in the Middle East, which continue to drive global oil prices and impact market direction. Meanwhile, these stock-specific updates are likely to influence trading action on Tuesday.- Ends
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