Watch out for these 12 stocks, including ONGC, GRSE, Nazara, Waaree in today’s trade

On a recent trading day, investors should be cautious of several stocks, including ONGC, GRSE, Nazara, Waaree, and several others. ONGC recently struck gas at a deepwater well off the Odisha coast, marking the first well in the Mahanadi Basin under the Samudra Manthan initiative. GRSE has approved a capital budgetary outlay of Rs 2,896 crore for a Greenfield Shipyard in Raichak to expand its shipbuilding capacity.

GK Energy Ltd has secured a Letter of Award for setting up 150 MW of BESS in Maharashtra under a utility's Tariff-Based Global Competitive Bidding, backed by Viability Gap Funding. Kirloskar Ferrous Industries Ltd recently appointed Ajay Patil as Joint Managing Director, bringing 36 years of experience to the company. Wheels India Ltd successfully allotted equity shares via a preferential issue, raising ₹1,79,99,97,291.

Waaree Energies Ltd has been ordered to supply 2 GW of solar modules for the upcoming financial years. Vinati Organics Ltd made a fresh capital infusion into its wholly owned subsidiary, Veeral Organics Private Limited. UFlex Ltd received a patent for a High-Speed Twin Aseptic Pack Packaging Machine for Liquid Products. Transrail Lighting Ltd expanded its conductor manufacturing capacity at the Silvassa location.

Nazara Technologies extended an unsecured loan facility to its wholly-owned subsidiary, Smaaash Entertainment Private Limited. Neogen Chemicals Ltd completed its first-ever Qualified Institutions Placement of equity shares. Lineage Power secured a ₹488.46 crore contract from NTPC GE Power Services for 5.02 MWh of Battery Energy Storage System containers.