Stocks to watch, January 1: Auto stocks, ITC, Thomas Cook, KPIL, Sun Pharma, SJVN, and more

ITC: Following the demerger of the hotel business of the company into ITC Hotels Ltd, effective from January 1, the entire shares held by ITC in eight subsidiaries, including Maharaja Heritage Resorts and Gujarat Hotels, will be transferred to ITC Hotels Ltd.

Kalpataru Projects International Limited: KPIL, along with its international subsidiaries, have won new orders worth ₹1,011 crore. The orders are for transmission & distribution (T&D) business in overseas markets, railway business in India, and buildings and factories (B&F) business in the domestic market.

Thomas Cook: The company has informed about a cyber attack on its IT infrastructure. "Immediately upon becoming aware of the incident, we have taken the necessary steps to investigate and respond to the incident, including shutting down affected systems. We are working with leading cyber security experts to support our investigation and identify the extent of the issue and take remedial action as necessary," it said in an exchange filing.

Auto stocks: Stocks of Mahindra & Mahindra, Tata Motors, Maruti Suzuki, and other automotive companies will be in focus on Wednesday as they will release their December 2024 sales data.

Sun Pharmaceutical: The drugmaker has entered into a deal with Zaza Industrial Holdings K.K, Japan, to sell 100% of shares held in Sun Pharma Japan Technical Operations Limited, the company's step-down subsidiary.

SJVN: The hydroelectric power generation company has signed a memorandum of understanding (MoU) with the Bihar Government for the development of 1,000 megawatts (mW) Hathidah Durgawati Pumped Storage Project and other PSPs in the state.

Piramal Enterprises: The company has invested ₹1,000 crore in its wholly-owned subsidiary, Piramal Capital and Housing Finance Ltd., via subscription to rights issue. The investment will be used for business and corporate general purposes.