Thu, December 12, 2024
Wed, December 11, 2024

Stocks To Watch: Jubilant FoodWorks, Maruti Suzuki, Swiggy, SBI, Vedanta, And Others

Shares of firms like Jubilant FoodWorks, Maruti Suzuki, Swiggy, SBI, Vedanta, and others will be in focus on Thursday's trade

The article from News18 discusses various updates and market movements related to several Indian companies. Jubilant Foodworks reported a 3.8% increase in same-store sales growth for Q4 FY24, with a 6.2% rise in revenue, though its EBITDA margin decreased. Maruti Suzuki announced a price hike for its vehicles starting April 1, 2024, due to increased input costs. Swiggy is set to launch its IPO in 2024, aiming to raise $1 billion, with potential plans for a pre-IPO funding round. State Bank of India (SBI) is considering raising up to Rs 20,000 crore through infrastructure bonds. Vedanta's shares saw a significant drop after announcing a $1.25 billion fundraising plan. Other companies like Tata Motors, Hero MotoCorp, and Indian Oil Corporation also made headlines with their respective business updates and market reactions.

Read the Full CNN-News18 Article at:
https://www.news18.com/business/markets/stocks-to-watch-jubilant-foodworks-maruti-suzuki-swiggy-sbi-vedanta-and-others-9153296.html