Stocks To Watch On Monday, November 04: Samvat 2081 started on a strong note with the Sensex jumping 335.06 points or 0.42 per cent to close at 79,724.12. Similarly, the Nifty 50 also closed strong at 24,304.35, gaining 99 points or 0.41 percent. The gift Nifty on Monday, November 4, indicated a positive start for the domestic equity benchmark indices, as it hovered around 24,393. Meanwhile, take a look at the stocks in focus today.

Stocks to watch today, Monday, November 04

sun pharma

The US District Court of New Jersey granted Sun Pharma a preliminary injunction on November 1, delaying the launch of Lekcelvi. As a result, Sun Pharma is prohibited from launching the product until a favorable court decision is reached or the relevant patent expires, whichever is earlier. Lekcelvi (ruxolitinib) is typically used to treat severe alopecia areata.

Brightcom Group

Brightcom Group has signed initial agreements with publishers in the technology, lifestyle, and finance sectors, as well as several advertising networks, during Digiday Europe and the London Publisher Roadshow. The company is progressing in selecting personnel and office space for its London office, which is expected to open by the second quarter of 2025. Additionally, it has finalized a comprehensive contingency plan to protect its business interests in the Middle East amid ongoing regional conflicts.

Premier Energies

Premier Energies Limited's subsidiaries Premier Energies International Private Limited and Premier Energies Photovoltaic Private Limited have received multiple orders worth Rs 560 crore from two leading independent power producers (IPPs) and other customers. This includes orders worth Rs 513 crore for solar modules and Rs 47 crore for solar cells.

Jaish Industries

Jaish Industries has finalized a supply agreement with a registered supplier of coated fabric for a leading car manufacturer. The company has also purchased ~3 acres of land and ordered 4 used PVC/PU coated fabric lines at an estimated cost of Rs 28 crore for a new plant in Sonipat, Haryana. Additionally, the company has launched a new lamination adhesive product within its existing PU resin capacity, which was launched during Diwali and is targeted at both domestic and international markets.

Azad Engineering

Azad Engineering has signed a long-term contract and price agreement with Mitsubishi Heavy Industries Ltd of Japan for the supply of advanced rotating and fixed airfoils for gas and thermal power turbine engines. The value of this phase of the contract is around Rs 700 crore.

Gensol Engineering

Gensol Engineering has secured a large turnkey EPC order from a leading public sector utility company in Maharashtra, the company informed through an exchange filing. The project involves developing a 150 MW capacity ground-mounted solar PV power plant with a total contract value of Rs 780 crore, to be completed in a period of 15 months.

Jonjua Overseas

HSJONJUA AEROINFRA has signed a Position Reservation Agreement with Piper Aircraft for the supply of two Piper Archer DX aircraft, whereby the reservations have been submitted under the agreement. The company plans to operate its aircraft fleet from Mohali International Airport. The Piper Archer DX is a diesel-powered aircraft. Jonjua Overseas Limited is acting as a consultant for the startup of the aviation operations of HSJONJUA AEROINFRA.

Zen Technologies

In the second quarter, Zen Technologies reported a 365.3% rise in profit to Rs 63.4 crore from Rs 13.6 crore last year. Revenue grew 263.7% to Rs 241.8 crore from Rs 66.5 crore last year. EBITDA grew 322% to Rs 80 crore from Rs 18.96 crore while margins expanded 457 basis points to 33.07%.

Q2 results for FY 2024-25 today

ABB India, Andhra Paper, Amara Raja Energy & Mobility, Bata India, Chaman Lal Setia Exports, Exide Industries, Gland Pharma, Hatsun Agro Product, Indian Railway Catering & Tourism Corporation, Indian Railway Finance Corporation, JK Paper, Sai Silks (Kalamandir), KC Industries, KEC International, Procter & Gamble Health, Raymond, Sankara Building Products, Sun Pharma Advanced Research Company, Tube Investments of India and VST Tillers Tractors, among others, will report their earnings on November 4.