Top Stocks to Watch On October 1: Blue Dart Express, IOC, Bank of Maharashtra, BEL, Tata Power, PC Jeweller, Lupin

Top Stocks to Watch On October 1

Top Stocks to Watch On October 1: On Tuesday, the Indian Stock market is expected to begin the day with a little gain as at 7:02am GIFT Nifty futures were trading slightly ahead at 26,002.

On Tuesday, October there are some stocks that you should watch today, some of these stocks are Blue Dart Express, IOC, Bank of Maharashtra, BEL, Tata Power, PC Jeweller, and Lupin.

Let’s get into a more detailed view of these stocks:

Also Read: Gold and Silver Rates Today On September 29: Check the Latest Gold Rates in Your City

Blue Dart Express

The transportation & distribution company reported that starting from January 1, 2025, the prices of shipments will increase by 9 to 12 percent. The company said that the reason behind the increase was because of the rising operational costs while maintaining the quality of work.

IOC

India's largest government-owned oil producer reported that it had withdrawn its right issue of Rs 22,000 crore because of a lack of support from the government in the 2024-25 budget.

Bank of Maharashtra

The public sector bank reported that it has issued Qualified Institutions Placement (QIP) at a floor price of Rs 60.37 each share on September 30. Sources reported that the QIP issue is expected to be around Rs 3,500 crore.

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BEL

Bharat Electronics Limited reported that it has signed a MOU to work together with the Space Applications Center (SAC), ISRO to build required infrastructure for manufacturing space-grade Travelling Wave Tube Amplifiers (TWTAs) in India.

Tata Power

The company reported that it has signed a MOU of Rs 1.2 trillion investment with the Rajasthan government which includes Rs 75,000 crore for green energy projects.

This development will help to advance the development of electricity and increase more than 28,000 job opportunities in Rajasthan.

PC Jeweller

The company reported that in the board of directors meetings on Monday, September 30 the company agreed to a share split of 1:10 ratio to develop liquidity.

Lupin

The pharmaceutical company reported that th company has made a deal with Scope Ophthalmics in Ireland to sell a varieties of eye care products in Mexico. This will improve company’s ophthalmology portfolio and expand its foreign footprint.

Also Read: Fuel Rates Today On September 29: Check the Latest Petrol and Diesel Price in Your City