Multibagger Stock Tips: The domestic stock market rose for the third consecutive day and the BSE Sensex closed with a gain of 385 points on Thursday. The 30-share BSE Sensex closed at 57,315.28, up 384.72 points, or 0.68 per cent. Similarly, the NSE Nifty jumped 117.15 points, or 0.69 per cent, to end at 17,072.60. We are telling you which stocks you have to keep an eye on on Friday (December 24):-
Havells India: The company has announced a vision to enhance its ‘Make in India’ strategy by showcasing its industry first ‘Industry 4.0’ manufacturing plant for Lloyd ACs at Ghiloth, Rajasthan. Diversifying its manufacturing prowess further, the company has now entered into Washing Machine (WM) production at the same location in Ghiloth where the AC plant is located. The stock was heavily volatile in Thursday’s trade, entering the Red Territory in the second half of the trading session, curtailing first-half gains and ending the day with a gain of 0.3 per cent.
Hero MotoCorp : The company will do an upward revision in the ex-showroom prices of its motorcycles and scooters with effect from January 4, 2022. Price revision has become necessary to partially offset the impact of the continuous rise in commodity prices. The price revision will be up to Rs 2,000 and the exact quantum of increase will depend on the model and the market. The stock has gained 1.93 per cent in Thursday’s trading session.
52-week high stocks: Out of the Sensex pack, shares of Infosys and Tech Mahindra made a new 52-week high on Thursday.
All these stocks are likely to remain in focus on Friday.
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