Indian equities ended slightly higher today, buoyed by investor optimism over sweeping GST reforms signaling deep structural tax changes. Stocks like Zydus Lifesciences, NTPC, HDFC Life, Varun Beverages, and TVS Motor are in sharp focus due to fresh catalysts.
Zydus Lifesciences is poised for a boost as it prepares to launch a generic multiple sclerosis drug in the U.S. market, tapping into a large therapeutic demand. Meanwhile, NTPC has permanently shut down its Tanda thermal power plant—marking a strategic shift in its operational footprint.
Varun Beverages is forging ahead with new ventures—announcing a joint venture for manufacturing visi-coolers through White Peak Refrigeration Pvt Ltd, and setting up a 26% stake in Jager Renewables Two Pvt Ltd to secure solar power for its Rajasthan facilities.
On the consumer front, TVS Motor unveiled the NTORQ 150, India’s first “hyper sport” scooter tailored for Gen-Z riders.
Each of these developments aligns with the broader GST-driven growth narrative, providing fresh direction and warranting continued investor attention.
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