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Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, appointments, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:

<a href="https://www.moneycontrol.com/markets/earnings/" target="_blank">Results Today</a>

Kridhan Infra, Safecure Services, and Davin Sons Retail will release their quarterly earnings today.

<a href="https://www.moneycontrol.com/markets/earnings/" target="_blank">Quarterly Earnings</a>

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-ancillaries-others/studdsaccessories/SAL05" target="_blank">Studds Accessories</a> Q2 (Consolidated YoY)

Profit soars 17.9% to Rs 20.6 crore Vs Rs 17.5 crore

Revenue increases 6.5% to Rs 154.4 crore Vs Rs 145 crore

Stocks to Watch

<a href="https://www.moneycontrol.com/india/stockpricequote/consumer-goods-white-goods/whirlpoolindia/WI" target="_blank">Whirlpool of India</a>

The promoter is likely to sell up to 95 lakh shares (7.5% stake) in Whirlpool via a block deal, with an offer size of Rs 965 crore and a floor price of Rs 1,030 per share, reports CNBC-TV18 citing sources.

<a href="https://www.moneycontrol.com/india/stockpricequote/online-services/one97communicationspaytm/OC03" target="_blank">One 97 Communications Paytm</a>

The Reserve Bank of India has granted a Certificate of Authorization to the company’s subsidiary, Paytm Payments Services, to operate as a Payment Aggregator under the Payment and Settlement Systems Act.

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/wipro/W" target="_blank">Wipro</a>

The AI-powered technology services and consulting company announced a strategic alliance with the Indian Institute of Science (IISc) and the Foundation for Science Innovation and Development (FSID) to collaborate on cutting-edge research and innovation across frontier technologies.

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-real-estate/oberoirealty/OR" target="_blank">Oberoi Realty</a>

The company has entered into a Development Agreement for the redevelopment of land admeasuring 4,706 square meters at Nepean Sea Road, Mumbai.

The company’s entitlement of the free-sale component from the project is presently estimated to be around 1.18 lakh square feet (RERA carpet area).

Meanwhile, Ashok Choudhury has resigned as Executive Vice President – Compliance &amp; Special Projects, effective November 26.

<a href="https://www.moneycontrol.com/india/stockpricequote/banks-private-sector/jammukashmirbank/JKB" target="_blank">Jammu &amp; Kashmir Bank</a>

The Board has approved raising equity share capital of up to Rs 750 crore in one or more tranches via Qualified Institutional Placement (QIP), and raising up to Rs 500 crore via non-convertible debentures on a private placement basis.

<a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/internationalconveyors/IC05" target="_blank">International Conveyors</a>

The company has acquired 1.21 lakh equity shares of Ganesha Ecosphere for Rs 11.28 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/construction-residentialcommercial-complexes/kesarindia/KI20" target="_blank">Kesar India</a>

The company has acquired a land parcel of 24,256 square meters with a development potential of over 1.50 million square feet at Nagpur, Maharashtra, with a revenue potential of Rs 900 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-civil/patelengineeringcompany/PEC" target="_blank">Patel Engineering</a>

The company has received two Letters of Intent from Saidax Engineers and Infrastructure for the execution of excavation and associated works, and transportation of coal at a project located at Jhiria West OCP of Hasdeo area, Chhattisgarh, for South Eastern Coalfields (SECL).

The total project value is Rs 798.19 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-ancillaries/lgbalakrishnanbrothers/LGB" target="_blank">LG Balakrishnan and Brothers</a>

The company has signed a non-binding Memorandum of Understanding (MoU) with the Government of Tamil Nadu (GoTN) through its nodal agency "Guidance". Guidance will extend necessary infrastructural support and regulatory facilitation. This reiterates the company’s commitment to invest in Tamil Nadu.

<a href="https://www.moneycontrol.com/india/stockpricequote/paintsvarnishes/asianpaints/AP31" target="_blank">Asian Paints</a>

The company’s subsidiary, Berger Paints Emirates, UAE, has proposed setting up its second paint manufacturing facility in the UAE with an investment of AED 140 million (approximately Rs 340 crore), having an initial capacity of 55,800 KL per annum.

<a href="https://www.moneycontrol.com/india/stockpricequote/electric-equipment/havellsindia/HI01" target="_blank">Havells India</a>

The electrical equipment manufacturer has received board approval for acquiring a 26% stake in Kundan Solar (Pali), a special purpose vehicle (SPV) established for developing, installing, operating, managing, and maintaining a solar power plant. The cost of acquisition is Rs 5.63 crore.

With this acquisition, the company aims to reduce dependence on fossil fuels and move toward green energy. Kundan Solar will set up a 15 MWac solar power plant, and Havells plans to enter into a long-term Power Purchase Agreement (PPA) of up to 25 years.

<a href="https://www.moneycontrol.com/india/stockpricequote/banks-private-sector/axisbank/AB16" target="_blank">Axis Bank</a>

Anand Viswanathan has been appointed as the Chief Risk Officer of the bank for a period of 3 years, effective January 1, 2026, replacing Amit Talgeri. Anand Viswanathan will be part of senior management.

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-lcvshcvs/ashokleyland/AL" target="_blank">Ashok Leyland</a>

The Board has approved the merger of the company’s subsidiary Hinduja Leyland Finance into NDL Ventures.

Hinduja Leyland Finance shareholders will receive 25 equity shares of NDL Ventures for every 10 shares held.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/panaceabiotec/PB02" target="_blank">Panacea Biotec</a>

Devender Gupta has resigned as Chief Financial Officer and Head – Information Technology of the company due to personal reasons, effective December 15.

<a href="https://www.moneycontrol.com/india/stockpricequote/chemicals/indiaglycols/IG" target="_blank">India Glycols</a>

The company has raised Rs 467 crore via the allotment of 51.03 lakh shares on a preferential basis at an issue price of Rs 915 per equity share.

The funds will be used to reduce the company’s overall debt, including term loans and working capital, by March 2026.

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-ancillaries/shivamautotech/SA13" target="_blank">Shivam Autotech</a>

The Board of Directors will meet on November 29 to consider a proposal for fund raising.

<a href="https://www.moneycontrol.com/india/stockpricequote/engineering/salasartechnoengineering/STE02" target="_blank">Salasar Techno Engineering</a>

The company has received two contracts worth Rs 695.18 crore from Rail Vikas Nigam.

The project involves service support and procurement management for electrical and mechanical items for development of distribution infrastructure for loss reduction works, and erection work for distribution infrastructure development at Mandi, Bilaspur, Kullu, and Hamirpur operation circles in the central zone of HPSEBL.

<a href="https://www.moneycontrol.com/india/stockpricequote/power-transmissionequipment/indotechtransformers/ITT02" target="_blank">Indo Tech Transformers</a>

The company has received a purchase order for the supply of 11 transformers. The aggregate value of the order is Rs 91.26 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-carsjeeps/mahindramahindra/MM" target="_blank">Mahindra and Mahindra</a>

The company has launched the electric SUV Mahindra BE 6 Formula E Edition, priced at Rs 23.69 lakh, while the FE3 edition with add-on features is priced at Rs 24.49 lakh.

Bulk Deals

<a href="https://www.moneycontrol.com/india/stockpricequote/telecommunications-service/bhartiairtel/BA08" target="_blank">Bharti Airtel</a>

Promoter entity Indian Continent Investment sold 3.43 crore equity shares (equivalent to 0.6% of paid-up equity) in Bharti Airtel for Rs 7,195.5 crore. These shares were sold at Rs 2,097.81 per share.

Total promoter shareholding in the telecom company was 50.27 percent as of September 2025, including Indian Continent Investment’s 1.48 percent stake.

<a href="https://www.moneycontrol.com/india/stockpricequote/plastic-products-others/tarsonsproducts/TP01" target="_blank">Tarsons Products</a>

Siddhartha Sacheti, a non-institutional investor, sold 1.58% equity stake in Tarsons Products, the laboratory plasticware manufacturer.

He sold 4.55 lakh shares at Rs 229.24 per share for Rs 10.44 crore, and 3.85 lakh shares at Rs 233.37 per share, amounting to Rs 9 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/mangalamdrugsorganics/MDO" target="_blank">Mangalam Drugs and Organics</a>

Tata Capital sold a 3.47 percent stake in Mangalam Drugs through two transactions. It offloaded 4.44 lakh shares at Rs 33.54 per share for Rs 1.49 crore, and 1.05 lakh shares at Rs 33.36 per share, amounting to Rs 35.02 lakh.

<a href="https://www.moneycontrol.com/india/stockpricequote/cement-major/rainindustries/RC12" target="_blank">Rain Industries</a>

First Water Fund has bought an additional 19.48 lakh shares (equivalent to 0.57% of paid-up equity) of Rain Industries for Rs 21.24 crore from K2 Family Private Trust and Haresh Tikamdas Kaswani. The block deals took place at a price of Rs 109 per share.

First Water Capital Advisors-owned First Water Fund Class C held a 1.22% stake in Rain Industries as of September 2025.

New Listing

KSR Footwear

Stock Trades Ex-Date for Reduction of Capital

Gold Coin Health Foods

Stock Trades Ex-Date for Interim Dividend

AK Capital Services

Ownership, Material Conflicts of Interest and Disciplinary History

MCD is a wholly owned subsidiary of Network 18 Media & Investments Ltd ("Network18"), in which Independent Media Trust (IMT) holds 56.89% stake. Reliance Industries Limited ("RIL") is the sole beneficiary of IMT. Network18 and RIL and their subsidiaries, joint ventures and associates can be considered as associates of MCD.

Details of Associate

Receipt of Compensation

Third-Party Compensation

Employment History

Market-Making Activities

Use of Artificial Intelligence

Stocks to Watch Today: Paytm, Whirlpool, Wipro, Oberoi Realty, Patel Engineering, Salasar Techno, Studds Accessories in focus on 27 November

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, appointments, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:

Results Today

Kridhan Infra, Safecure Services, and Davin Sons Retail will release their quarterly earnings today.

Quarterly Earnings

Studds Accessories Q2 (Consolidated YoY)

Profit soars 17.9% to Rs 20.6 crore Vs Rs 17.5 crore

Revenue increases 6.5% to Rs 154.4 crore Vs Rs 145 crore

Stocks to Watch

Whirlpool of India

The promoter is likely to sell up to 95 lakh shares (7.5% stake) in Whirlpool via a block deal, with an offer size of Rs 965 crore and a floor price of Rs 1,030 per share, reports CNBC-TV18 citing sources.

One 97 Communications Paytm

The Reserve Bank of India has granted a Certificate of Authorization to the company’s subsidiary, Paytm Payments Services, to operate as a Payment Aggregator under the Payment and Settlement Systems Act.

Wipro

The AI-powered technology services and consulting company announced a strategic alliance with the Indian Institute of Science (IISc) and the Foundation for Science Innovation and Development (FSID) to collaborate on cutting-edge research and innovation across frontier technologies.

Oberoi Realty

The company has entered into a Development Agreement for the redevelopment of land admeasuring 4,706 square meters at Nepean Sea Road, Mumbai.

The company’s entitlement of the free-sale component from the project is presently estimated to be around 1.18 lakh square feet (RERA carpet area).

Meanwhile, Ashok Choudhury has resigned as Executive Vice President – Compliance &amp;amp; Special Projects, effective November 26.

Jammu &amp;amp; Kashmir Bank

The Board has approved raising equity share capital of up to Rs 750 crore in one or more tranches via Qualified Institutional Placement (QIP), and raising up to Rs 500 crore via non-convertible debentures on a private placement basis.

International Conveyors

The company has acquired 1.21 lakh equity shares of Ganesha Ecosphere for Rs 11.28 crore.

Kesar India

The company has acquired a land parcel of 24,256 square meters with a development potential of over 1.50 million square feet at Nagpur, Maharashtra, with a revenue potential of Rs 900 crore.

Patel Engineering

The company has received two Letters of Intent from Saidax Engineers and Infrastructure for the execution of excavation and associated works, and transportation of coal at a project located at Jhiria West OCP of Hasdeo area, Chhattisgarh, for South Eastern Coalfields (SECL).

The total project value is Rs 798.19 crore.

LG Balakrishnan and Brothers

The company has signed a non-binding Memorandum of Understanding (MoU) with the Government of Tamil Nadu (GoTN) through its nodal agency &quot;Guidance&quot;. Guidance will extend necessary infrastructural support and regulatory facilitation. This reiterates the company’s commitment to invest in Tamil Nadu.

Asian Paints

The company’s subsidiary, Berger Paints Emirates, UAE, has proposed setting up its second paint manufacturing facility in the UAE with an investment of AED 140 million (approximately Rs 340 crore), having an initial capacity of 55,800 KL per annum.

Havells India

The electrical equipment manufacturer has received board approval for acquiring a 26% stake in Kundan Solar (Pali), a special purpose vehicle (SPV) established for developing, installing, operating, managing, and maintaining a solar power plant. The cost of acquisition is Rs 5.63 crore.

With this acquisition, the company aims to reduce dependence on fossil fuels and move toward green energy. Kundan Solar will set up a 15 MWac solar power plant, and Havells plans to enter into a long-term Power Purchase Agreement (PPA) of up to 25 years.

Axis Bank

Anand Viswanathan has been appointed as the Chief Risk Officer of the bank for a period of 3 years, effective January 1, 2026, replacing Amit Talgeri. Anand Viswanathan will be part of senior management.

Ashok Leyland

The Board has approved the merger of the company’s subsidiary Hinduja Leyland Finance into NDL Ventures.

Hinduja Leyland Finance shareholders will receive 25 equity shares of NDL Ventures for every 10 shares held.

Panacea Biotec

Devender Gupta has resigned as Chief Financial Officer and Head – Information Technology of the company due to personal reasons, effective December 15.

India Glycols

The company has raised Rs 467 crore via the allotment of 51.03 lakh shares on a preferential basis at an issue price of Rs 915 per equity share.

The funds will be used to reduce the company’s overall debt, including term loans and working capital, by March 2026.

Shivam Autotech

The Board of Directors will meet on November 29 to consider a proposal for fund raising.

Salasar Techno Engineering

The company has received two contracts worth Rs 695.18 crore from Rail Vikas Nigam.

The project involves service support and procurement management for electrical and mechanical items for development of distribution infrastructure for loss reduction works, and erection work for distribution infrastructure development at Mandi, Bilaspur, Kullu, and Hamirpur operation circles in the central zone of HPSEBL.

Indo Tech Transformers

The company has received a purchase order for the supply of 11 transformers. The aggregate value of the order is Rs 91.26 crore.

Mahindra and Mahindra

The company has launched the electric SUV Mahindra BE 6 Formula E Edition, priced at Rs 23.69 lakh, while the FE3 edition with add-on features is priced at Rs 24.49 lakh.

Bulk Deals

Bharti Airtel

Promoter entity Indian Continent Investment sold 3.43 crore equity shares (equivalent to 0.6% of paid-up equity) in Bharti Airtel for Rs 7,195.5 crore. These shares were sold at Rs 2,097.81 per share.

Total promoter shareholding in the telecom company was 50.27 percent as of September 2025, including Indian Continent Investment’s 1.48 percent stake.

Tarsons Products

Siddhartha Sacheti, a non-institutional investor, sold 1.58% equity stake in Tarsons Products, the laboratory plasticware manufacturer.

He sold 4.55 lakh shares at Rs 229.24 per share for Rs 10.44 crore, and 3.85 lakh shares at Rs 233.37 per share, amounting to Rs 9 crore.

Mangalam Drugs and Organics

Tata Capital sold a 3.47 percent stake in Mangalam Drugs through two transactions. It offloaded 4.44 lakh shares at Rs 33.54 per share for Rs 1.49 crore, and 1.05 lakh shares at Rs 33.36 per share, amounting to Rs 35.02 lakh.

Rain Industries

First Water Fund has bought an additional 19.48 lakh shares (equivalent to 0.57% of paid-up equity) of Rain Industries for Rs 21.24 crore from K2 Family Private Trust and Haresh Tikamdas Kaswani. The block deals took place at a price of Rs 109 per share.

First Water Capital Advisors-owned First Water Fund Class C held a 1.22% stake in Rain Industries as of September 2025.

New Listing

KSR Footwear

Stock Trades Ex-Date for Reduction of Capital

Gold Coin Health Foods

Stock Trades Ex-Date for Interim Dividend

AK Capital Services

Promoter entity Indian Continent Investment has offloaded six-tenths of a percent stake in telecom operator Bharti Airtel via open market transactions on November 26.

Perhaps, as a result of this, the stock corrected 1.61 percent to Rs 2,126.8 on the NSE after gap-down opening and breaking the consolidation of last five sessions on the downside.

Indian Continent Investment sold 3.43 crore equity shares in <a href="https://www.moneycontrol.com/india/stockpricequote/telecommunications-service/bhartiairtel/BA08">Bharti Airtel</a> for Rs 7,195.5 crore. These shares were sold at a price of Rs 2,097.81 per share, near the day's low.

The total promoters' shareholding in the telecom company was 50.27 percent as of September 2025, including Indian Continent Investment's 1.48 percent stake.

Siddhartha Sacheti, the non-institutional investor, sold 1.58 percent equity stake in <a href="https://www.moneycontrol.com/india/stockpricequote/plastic-products-others/tarsonsproducts/TP01">Tarsons Products</a>, the laboratory plasticware manufacturer. The stock price fell 1.78 percent to Rs 223.6 on the NSE after a day of nearly 14 percent rally, sustaining below all key moving averages.

As per the bulk deals data, Siddhartha Sacheti sold 4.55 lakh shares in Tarsons at Rs 229.24 per share for Rs 10.44 crore, and 3.85 lakh shares at Rs 233.37 per share, amounting to Rs 9 crore.

Further, there was an exchange of 0.57 percent shares of <a href="https://www.moneycontrol.com/india/stockpricequote/cement-major/rainindustries/RC12">Rain Industries</a> via block deals on Wednesday. The stock finished flat at Rs 109.69.

First Water Fund has bought additional 19.48 lakh shares (equivalent to 0.57 percent of paid-up equity) of Rain Industries for Rs 21.24 crore from K2 Family Private Trust, and Haresh Tikamdas Kaswani.

The above block deals have taken place at a price of Rs 109 per share.

First Water Capital Advisors-owned First Water Fund Class C held 1.22 percent stake in Rain Industries as of September 2025.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/mangalamdrugsorganics/MDO">Mangalam Drugs and Organics</a> was also in focus, falling 10 percent to Rs 32.68, the lowest level since April 2020, continuing downtrend for eighth consecutive session.

Tata Capital sold 3.47 percent stake in Managalam Drugs via two transactions. It has offloaded 4.44 lakh shares at Rs 33.54 per share for Rs 1.49 crore, and 1.05 lakh shares at Rs 33.36 per share, amounting to Rs 35.02 lakh.

Promoter entity sells 0.6% stake in Bharti Airtel for over Rs 7,195 crore

Promoter entity Indian Continent Investment has offloaded six-tenths of a percent stake in telecom operator Bharti Airtel via open market transactions on November 26.

Perhaps, as a result of this, the stock corrected 1.61 percent to Rs 2,126.8 on the NSE after gap-down opening and breaking the consolidation of last five sessions on the downside.

Indian Continent Investment sold 3.43 crore equity shares in Bharti Airtel for Rs 7,195.5 crore. These shares were sold at a price of Rs 2,097.81 per share, near the day's low.

The total promoters' shareholding in the telecom company was 50.27 percent as of September 2025, including Indian Continent Investment's 1.48 percent stake.

Siddhartha Sacheti, the non-institutional investor, sold 1.58 percent equity stake in Tarsons Products, the laboratory plasticware manufacturer. The stock price fell 1.78 percent to Rs 223.6 on the NSE after a day of nearly 14 percent rally, sustaining below all key moving averages.

As per the bulk deals data, Siddhartha Sacheti sold 4.55 lakh shares in Tarsons at Rs 229.24 per share for Rs 10.44 crore, and 3.85 lakh shares at Rs 233.37 per share, amounting to Rs 9 crore.

Further, there was an exchange of 0.57 percent shares of Rain Industries via block deals on Wednesday. The stock finished flat at Rs 109.69.

First Water Fund has bought additional 19.48 lakh shares (equivalent to 0.57 percent of paid-up equity) of Rain Industries for Rs 21.24 crore from K2 Family Private Trust, and Haresh Tikamdas Kaswani.

The above block deals have taken place at a price of Rs 109 per share.

First Water Capital Advisors-owned First Water Fund Class C held 1.22 percent stake in Rain Industries as of September 2025.

Mangalam Drugs and Organics was also in focus, falling 10 percent to Rs 32.68, the lowest level since April 2020, continuing downtrend for eighth consecutive session.

Tata Capital sold 3.47 percent stake in Managalam Drugs via two transactions. It has offloaded 4.44 lakh shares at Rs 33.54 per share for Rs 1.49 crore, and 1.05 lakh shares at Rs 33.36 per share, amounting to Rs 35.02 lakh.

The shares of One97 Communications Ltd, the parent company of <a href="https://www.moneycontrol.com/india/stockpricequote/online-services/one97communicationspaytm/OC03">Paytm</a>, rose nearly 4 on November 26 after ICICI Securities hiked target price for the stock, while maintaining its 'Buy' rating.

The shares of the company closed at Rs 1,288 apiece, snapping a three-session losing streak.

&nbsp;
<h3>ICICI Securities on Paytm:</h3>
ICICI Securities hiked its target price for Paytm shares to Rs 1,450 apiece from Rs 1,240 apiece. The latest target price implies an upside potential of nearly 17 percent from the stock’s previous closing price.

The domestic brokerage said that it sees strong earnings growth potential driven by payment and loan distribution expansion, margin improvement through product upgrades and better UPI mix. "Paytm's plans for traction in postpaid, wallet and international segment complemented by its diverse presence across the payment ecosystem could support a net revenue of Rs 12,523 crore by FY28," said ICICI Securities.

“Given these levers, we consider risk-reward as favourable. There is also better success now in terms of product innovations, customer/merchant retention and free cash flow maximisation. Regulatory challenges, including its impact on loan growth, remain key risks,” it added.

ICICI Securities estimates subscription revenue of Rs 1,670 crore/Rs 1,950 crore and profit after tax of Rs 1,530 crore/Rs 2,230 crore for FY27/28.

&nbsp;
<h3>Paytm share price history:</h3>
Despite today’s gains, Paytm shares have fallen more than 1 percent in the past one month. The stock has however rallied more than 48 percent in the past six months, and is up over 30 percent in 2025 so far.

After hitting a 52-week low of Rs 651.50 on March 11 this year, the stock jumped a whopping 108 percent in less than eight months to hit a 52-week high of Rs 1,353.80 apiece on November 10. The stock has fallen nearly 5 percent since then.

Also read: <a href="https://www.moneycontrol.com/news/business/markets/hdfc-amc-shares-adjust-to-1-1-bonus-issue-here-s-why-you-should-ignore-the-50-plunge-13696458.html">HDFC AMC shares adjust to 1:1 bonus issue</a>

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Paytm shares snap three-day losses, rise nearly 4% as ICICI Securities hikes price target

The shares of One97 Communications Ltd, the parent company of Paytm, rose nearly 4 on November 26 after ICICI Securities hiked target price for the stock, while maintaining its 'Buy' rating.

The shares of the company closed at Rs 1,288 apiece, snapping a three-session losing streak.

&amp;nbsp;
ICICI Securities on Paytm:
ICICI Securities hiked its target price for Paytm shares to Rs 1,450 apiece from Rs 1,240 apiece. The latest target price implies an upside potential of nearly 17 percent from the stock’s previous closing price.

The domestic brokerage said that it sees strong earnings growth potential driven by payment and loan distribution expansion, margin improvement through product upgrades and better UPI mix. &quot;Paytm's plans for traction in postpaid, wallet and international segment complemented by its diverse presence across the payment ecosystem could support a net revenue of Rs 12,523 crore by FY28,&quot; said ICICI Securities.

“Given these levers, we consider risk-reward as favourable. There is also better success now in terms of product innovations, customer/merchant retention and free cash flow maximisation. Regulatory challenges, including its impact on loan growth, remain key risks,” it added.

ICICI Securities estimates subscription revenue of Rs 1,670 crore/Rs 1,950 crore and profit after tax of Rs 1,530 crore/Rs 2,230 crore for FY27/28.

&amp;nbsp;
Paytm share price history:
Despite today’s gains, Paytm shares have fallen more than 1 percent in the past one month. The stock has however rallied more than 48 percent in the past six months, and is up over 30 percent in 2025 so far.

After hitting a 52-week low of Rs 651.50 on March 11 this year, the stock jumped a whopping 108 percent in less than eight months to hit a 52-week high of Rs 1,353.80 apiece on November 10. The stock has fallen nearly 5 percent since then.

Also read: HDFC AMC shares adjust to 1:1 bonus issue

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

The shares of <a href="https://www.moneycontrol.com/india/stockpricequote/software/magellaniccloud/SIP06">Magellanic Cloud</a> dropped 20 percent to hit the lower circuit at Rs 36.96 apiece on November 26. The stock has now fallen more than 28 percent in just two days.

The sharp fall in the share price incidentally comes even after the company reported a new order win on Monday.

Magellanic Cloud's order win from East Coast Railway:

Magellanic Cloud on November 24 announced that it has received a Letter of Acceptance (LoA) from East Coast Railway for the supply, installation and commissioning of crew voice, and video recording system (CVVRS) for electric locomotives.

The company said that the contract had a total value of Rs 6 crore, and is expected to be executed within three years. “This project will contribute in enhancing operational safety, improving investigation efficiency, and boosting crew performance accountability across the railway network,” it said.

Magellanic Cloud said that the order win confirms its established expertise in carrying out extensive operational oversight mandates for important public infrastructure clients, including the rail network. It added that this success reinforces the firm’s leadership role in making “cutting-edge and sophisticated” train protection platforms.

Speaking about the latest order, Magellanic Cloud Global CEO and Managing Director Joseph Sudheer Reddy Thumma said, “The awarding of this significant procurement serves as undeniable testament to Provigil's exceptional proficiency and specialized capability in delivering sophisticated, safety-critical recording platforms at scale for the nation's rail network. This milestone propels Provigil’s commitment to supporting Railway’s operational mandate; we stand resolutely focused on pioneering future-ready railway technology and guaranteeing superior crew vigilance standards, thereby establishing a core foundation of enhanced, protected rail operations that benefits commuters and stakeholders across the region."

&nbsp;
<h3>Magellanic Cloud share price history:</h3>
The shares of Magellanic Cloud have declined more than 45 percent in the past five days, and over 32 percent in the past one month.

After hitting an all-time low of Rs 42.49 apiece in March this year, the stock sharply rallied more than 148 percent in just four months to hit a lifetime high of Rs 105.42 apiece in July. The stock has now fallen around 65 percent since then.

The company has a market capitalization of Rs 2,160 crore. The stock’s P/E ratio stands at around 34.

Follow all <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-sensex-nifty-50-share-price-gift-nifty-latest-updates-26-11-2025-liveblog-13695961.html">LIVE updates</a> from the stock markets here.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Magellanic Cloud shares hit 20% lower circuit, stock falls 45% in 5 days

Magellanic Cloud share price hit 20% lower circuit, stock falls 45% in 5 days

The shares of Magellanic Cloud dropped 20 percent to hit the lower circuit at Rs 36.96 apiece on November 26. The stock has now fallen more than 28 percent in just two days.

The sharp fall in the share price incidentally comes even after the company reported a new order win on Monday.

Magellanic Cloud's order win from East Coast Railway:

Magellanic Cloud on November 24 announced that it has received a Letter of Acceptance (LoA) from East Coast Railway for the supply, installation and commissioning of crew voice, and video recording system (CVVRS) for electric locomotives.

The company said that the contract had a total value of Rs 6 crore, and is expected to be executed within three years. “This project will contribute in enhancing operational safety, improving investigation efficiency, and boosting crew performance accountability across the railway network,” it said.

Magellanic Cloud said that the order win confirms its established expertise in carrying out extensive operational oversight mandates for important public infrastructure clients, including the rail network. It added that this success reinforces the firm’s leadership role in making “cutting-edge and sophisticated” train protection platforms.

Speaking about the latest order, Magellanic Cloud Global CEO and Managing Director Joseph Sudheer Reddy Thumma said, “The awarding of this significant procurement serves as undeniable testament to Provigil's exceptional proficiency and specialized capability in delivering sophisticated, safety-critical recording platforms at scale for the nation's rail network. This milestone propels Provigil’s commitment to supporting Railway’s operational mandate; we stand resolutely focused on pioneering future-ready railway technology and guaranteeing superior crew vigilance standards, thereby establishing a core foundation of enhanced, protected rail operations that benefits commuters and stakeholders across the region.&quot;

&amp;nbsp;
Magellanic Cloud share price history:
The shares of Magellanic Cloud have declined more than 45 percent in the past five days, and over 32 percent in the past one month.

After hitting an all-time low of Rs 42.49 apiece in March this year, the stock sharply rallied more than 148 percent in just four months to hit a lifetime high of Rs 105.42 apiece in July. The stock has now fallen around 65 percent since then.

The company has a market capitalization of Rs 2,160 crore. The stock’s P/E ratio stands at around 34.

Follow all LIVE updates from the stock markets here.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

The shares of Multi Commodity Exchange of India (<a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/multicommodityexchangeindia/MCE">MCX</a>) jumped nearly 4 percent to hit a fresh lifetime high of Rs 10,250 apiece on November 26. The stock has rallied more than 132 percent in just eight months after hitting a record low of Rs 4,408 in March this year.

The stock has now crossed the key psychological mark of Rs 10,000 per share, recording gains in eight out of the past 10 sessions. The company currently has a market capitalization of more than Rs 52,400 crore.

&nbsp;
<h3>MCX share price history:</h3>
MCX shares have rallied more than 530 percent in the past five years, and over 685 percent in its lifetime. Several brokerages hold bullish calls for the stock.

MCX shares are overall up around 62 percent in 2025 so far, after jumping 95 percent in 2024 and around 106 percent in 2023.

Notably, the shares had closed at Rs 1554.20 at the end of 2022. Today’s new record high implies a surge of around 560 percent in less than four years.

&nbsp;
<h3>Brokerages bullish on MCX shares:</h3>
Axis Capital recently initiated coverage on the shares of the company with a target price of Rs 12,500 apiece. This still implies an upside potential of nearly 27 percent from the stock’s previous closing price. UBS meanwhile raised its target price for the stock to Rs 12,000 apiece from Rs 10,000 apiece, while holding its ‘Buy’ call.

The sharp surge in MCX's share price may have also been driven by the massive rally in precious metals and other commodities, whose futures are traded on the platform.

Earlier in October, the stock had seen some decline after technical issue halted trading on the platform for over four hours. This was the longest-ever trading halt on MCX platform. "Due to a technical issue at the Exchange, the commencement of trading on Tuesday, October 28, 2025, was delayed. Operations were shifted to the Disaster Recovery (DR) site, and trading started at 1.25 pm," said MCX in a stock exchange filing.

Follow all <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-sensex-nifty-50-share-price-gift-nifty-latest-updates-26-11-2025-liveblog-13695961.html">LIVE updates</a> from the stock markets here.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

MCX shares cross Rs 10,000-mark for the first-time ever; stock rallies 132% in 8 months: Here's why

MCX share price crosses Rs 10,000-mark for the first-time ever; stock rallies 132% in 8 months: Here's why

The shares of Multi Commodity Exchange of India (MCX) jumped nearly 4 percent to hit a fresh lifetime high of Rs 10,250 apiece on November 26. The stock has rallied more than 132 percent in just eight months after hitting a record low of Rs 4,408 in March this year.

The stock has now crossed the key psychological mark of Rs 10,000 per share, recording gains in eight out of the past 10 sessions. The company currently has a market capitalization of more than Rs 52,400 crore.

&amp;nbsp;
MCX share price history:
MCX shares have rallied more than 530 percent in the past five years, and over 685 percent in its lifetime. Several brokerages hold bullish calls for the stock.

MCX shares are overall up around 62 percent in 2025 so far, after jumping 95 percent in 2024 and around 106 percent in 2023.

Notably, the shares had closed at Rs 1554.20 at the end of 2022. Today’s new record high implies a surge of around 560 percent in less than four years.

&amp;nbsp;
Brokerages bullish on MCX shares:
Axis Capital recently initiated coverage on the shares of the company with a target price of Rs 12,500 apiece. This still implies an upside potential of nearly 27 percent from the stock’s previous closing price. UBS meanwhile raised its target price for the stock to Rs 12,000 apiece from Rs 10,000 apiece, while holding its ‘Buy’ call.

The sharp surge in MCX's share price may have also been driven by the massive rally in precious metals and other commodities, whose futures are traded on the platform.

Earlier in October, the stock had seen some decline after technical issue halted trading on the platform for over four hours. This was the longest-ever trading halt on MCX platform. &quot;Due to a technical issue at the Exchange, the commencement of trading on Tuesday, October 28, 2025, was delayed. Operations were shifted to the Disaster Recovery (DR) site, and trading started at 1.25 pm,&quot; said MCX in a stock exchange filing.

Follow all LIVE updates from the stock markets here.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

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MCX shares cross Rs 10,000-mark for the first-time ever; stock rallies 132% in 8 months: Here's why

Auto Ancillaries - Wheels Industry StocksCheck latest stock performance, list of stocks, earnings review & more details about the Auto Ancillaries - Wheels industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q2 FY25-26

Stock News

Stocks to Watch Today: Paytm, Whirlpool, Wipro, Oberoi Realty, Patel Engineering, Salasar Techno, Studds Accessories in focus on 27 November

Promoter entity sells 0.6% stake in Bharti Airtel for over Rs 7,195 crore

Paytm shares snap three-day losses, rise nearly 4% as ICICI Securities hikes price target

Magellanic Cloud shares hit 20% lower circuit, stock falls 45% in 5 days

MCX shares cross Rs 10,000-mark for the first-time ever; stock rallies 132% in 8 months: Here's why

Auto Ancillaries - Wheels Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Auto Ancillaries - Wheels industry stocks.