Aditya Birla Lifestyle Brands shares rallied 7.5 percent to close at Rs 146.72 after strong gap-up opening, though there was profit booking at higher levels.
As part of this transition, Nothing and Indian electronics major Optiemus Infracom have formed a strategic joint venture to establish India as a global production and export base for Nothing and CMF products.
Stocks To Watch, Jan 15: Stocks like Benares Hotels, Network18 Media and Investments,Hathway Cable & Datacom, Jammu & Kashmir Bank, Adani Green Energy, Jaiprakash Associates, Allcargo Gati, Innova Captab, Escorts Kubota, McNally Bharat Engineering, and Vedanta will be in focus on January 15.
Optiemus Infracom has delivered multibagger returns to the shareholders in the last 365 days, rising 111.71 percent on the BSE.
The company plans to invest Rs 140 crore in manufacturing of drones.
The JV firm has signed an MoU with the Government of Tamil Nadu to set up facility SIPCOT Pillaipakkam, Kanchipuram District which has a potential employment opportunity for 840 persons