L&T, Ola Electric, Gland Pharma, other stocks to track today

Share Market News, Stocks in News: Dalal Street is all set to resume trade on Thursday following the Christmas Day market holiday. On Tuesday, domestic equity benchmarks finished a volatile session on a mildly negative note, with the Sensex losing 67.3 points to end at 78,472.9 and the Nifty 50 giving up 25.8 points to settle at 23,727.7.

As market participants await the December 26 trading session, here are a few stocks set to be in focus on Dalal Street: 

STOCKS IN NEWS | L&T, Ola Electric Mobility, EPACK Durable...

Larsen & Toubro (L&T)

The construction giant has received a GST notice demanding a penalty of Rs 42.5 lakh by disallowing certain transitional credit claims.

Not in agreement with this levy, L&T has said it will be filing an appeal against this order and expects a favourable outcome at the higher forum.

Ola Electric Mobility 

The company has opened 3,200 new experience centres, taking the total number of its touchpoints to 4,000. 

Ola Electric Mobility plans to open 4,000 company stores by May. 

Welspun Corp

A subsidiary of the company has bagged orders amounting to Rs 130 crore from Saudi Arabia.

Astec Lifesciences

An open offer by the company's promoters, the Godrej family, is set to close on Thursday.  

Ceigall India 

A subsidiary of the company has signed a concession agreement with highways authority NHAI for a Rs 981 crore road project in Punjab. 

Ceigall Ludhiana Bathinda Greenfield Highway is set to complete the order in 24 months. 

Gland Pharma 

France's regulatory body ANSM has completed an inspection at Gland Pharma's facility and issued 10 observations in this regard. 

ANSM conducted its inspection at Gland Pharma's Fontenay facility from December 9 to December 19. 

Panacea Biotec 

The company has received a bivalent oral polio vaccine (bOPV) order worth Rs 127 crore from UNICEF.

As part of the deal, Panacea Biotec will be supplying 11.5 crore doses of the vaccine.

The order is set to be completed in 2025. 

Share India Securities 

Share India Securities will be investing Rs 59.5 crore in Metropolitan Stock Exchange of India through equity.

The transaction will be completed in 60 days.

EPACK Durable 

A Chinese TV manufacturer is planning to pick a 26 per cent stake in a subsidiary of EPACK Durable.

EPACK Durable has said that talks related to such a deal are at an advance stage and that it will be disclosing the details when required.

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