Stocks to watch out for on Thursday

Sensex declined by 263.72 points or by 0.54 per cent on Wednesday to settle at 48,174.06. Following is a list of stocks that will remain in focus today – Lupin, Dixon Technologies, Wendt, Ramco Systems and CEAT.    

Lupin: The pharma company said that it has received approval for its Sulfamethoxazole & Trimethoprim oral suspension USP, 200 mg/40 mg per 5 ml from USFDA.  

Dixon Technologies: Dixon Technologies and boAt have entered into an agreement to manufacture twin wireless speakers, which will be manufactured at the former’s manufacturing facility located in Noida (Uttar Pradesh).  

Wendt (India): The company’s promoters, Carborundum Universal & Wendt GmbH intend to undertake selling of around 94,704 equity shares having a face value of Rs 10 each via offer for sale (OFS) with the floor price being set at Rs 2,200 per share. OFS for non-retail investors and retail investors will open on January 7 and January 8, respectively.  

Ramco Systems: It has signed an agreement with CHI Aviation for implementing the full suite Ramco Aviation Software that comprises of maintenance & engineering, supply chain, MRO sales, flight operations, manufacturing & finance that will benefit CHI Aviation with unified dashboards, mobility and offline capability giving real-time updates across multiple locations to all the users.  

CEAT: Credit rating agency, CARE Ratings has reaffirmed its AA/stable rating to the long-term bank facilities of around Rs 800 crore and A1+ rating to the short-term bank facilities of around Rs 1,150 crore.