Stocks to Watch: Tata Coffee, J B Chemicals, Hindustan Petroleum, Azad Engineering

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Tata Coffee: Tata Group company's Tata Coffee will complete the merger with Tata Consumer Products Ltd (TCPL), and Tata Beverages and Foods Ltd (TBFL) on Monday, the company said in its stock exchange filing on Thursday. Tata Coffee shares closed 1.33% higher at ₹308.15 per share on Thursday. J B Chemicals and Pharmaceuticals Ltd: JB Chemicals looks to continue its growth momentum, driven by the geographical expansion of legacy brands, scale-up in Sanzyme, Azmarda, and Razel franchises, MR productivity improvement, scale-up of contract manufacturing business and new product launches across markets.

The shares closed lower at ₹1,614 on Thursday. Hindustan Petroleum: Shares of Indian oil marketing companies are on an uptrend and scored record-high levels on Thursday. Hindustan Petroleum Corporation Ltd (HPCL) surged significantly and were locked at 10% upper circuit to hit a 52-week high mark of ₹425.45 apiece on the BSE.

HPCL emerged as one of the top gainers on BSE on Thursday. Suzlon Energy Ltd: Suzlon Energy won an order for the development of a 300-MW wind power project for Apraava Energy, the company said in a filing on Thursday. Last week, the company bagged a repeat order for the development of a 193.2 MW wind power project from The KP Group.

The shares of the company closed 3% up at 38.15 on Thursday. Zomato Ltd: Online delivering platform Zomato Ltd share price closed 3% down at ₹123.20 on Thursday after the company said that it has received a show cause notice from the Goods and Services Tax (GST) office for supposed tax liability of ₹401.7 crore, in addition to interest and penalty on the delivery fee collection from its customer from the period of 29 October 2019 to 31 March 2022. Asian Paints: Despite the