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The shares of <a href="https://www.moneycontrol.com/india/stockpricequote/telecommunications-service/bhartiairtel/BA08">Bharti Airtel</a> rose nearly 2 percent in the early trading hours of December 16 after Morgan Stanley increased its target price, while maintaining its 'Overweight' call for the stock.

The shares of the company rose to Rs 2,103.50 per share in the early morning trading hours of Tuesday, emerging as the top gainer on Nifty 50 and Sensex.
<h3>Morgan Stanley on Bharti Airtel:</h3>
Morgan Stanley increased its target price for the shares of Bharti Airtel by 20 percent to Rs 2,435 apiece from the previous Rs 2,035 apiece. The latest target price implies an upside potential of nearly 18 percent from the stock's previous closing price.

The international brokerage said that it expects the Indian telecom industry's repair phase to continue in the near term. For Bharti Airtel, Morgan Stanley sees multiple levers driving average revenue per user (ARPU) growth to mid-single digits in the medium-term, supporting double-digit growth in India EBITDA.

It also expects return ratio profile to improve sustainably to over 20 percent. A tariff hike by the telecom major is expected in the first quarter of the next financial year (Q1 FY27), and the stock is likely to reflect this in the coming months, Morgan Stanley further said.
<h3>Bharti Airtel share price history:</h3>
Bharti Airtel shares have risen more than 12 percent in the past six months, and are up over 31 percent in 2025 so far. The stock however fell marginally over the past one month.

After hitting a 52-week low of Rs 1,559.50 per share in February this year, the stock gained more than 39 percent in less than nine months to hit a 52-week high of Rs 2,174.50 per share in November. The stock has so far fallen 3 percent since then.

Its P/E ratio stands at around 32, and it has a market capitalization of around Rs 11.95 lakh crore.

Follow all <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-gift-nifty-indicates-a-flat-start-us-asian-markets-fall-liveblog-13726902.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.

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Bharti Airtel shares rise 2% as Morgan Stanley increases target price, expects tariff hike in Q1FY27

The shares of Bharti Airtel rose nearly 2 percent in the early trading hours of December 16 after Morgan Stanley increased its target price, while maintaining its 'Overweight' call for the stock.

The shares of the company rose to Rs 2,103.50 per share in the early morning trading hours of Tuesday, emerging as the top gainer on Nifty 50 and Sensex.
Morgan Stanley on Bharti Airtel:
Morgan Stanley increased its target price for the shares of Bharti Airtel by 20 percent to Rs 2,435 apiece from the previous Rs 2,035 apiece. The latest target price implies an upside potential of nearly 18 percent from the stock's previous closing price.

The international brokerage said that it expects the Indian telecom industry's repair phase to continue in the near term. For Bharti Airtel, Morgan Stanley sees multiple levers driving average revenue per user (ARPU) growth to mid-single digits in the medium-term, supporting double-digit growth in India EBITDA.

It also expects return ratio profile to improve sustainably to over 20 percent. A tariff hike by the telecom major is expected in the first quarter of the next financial year (Q1 FY27), and the stock is likely to reflect this in the coming months, Morgan Stanley further said.
Bharti Airtel share price history:
Bharti Airtel shares have risen more than 12 percent in the past six months, and are up over 31 percent in 2025 so far. The stock however fell marginally over the past one month.

After hitting a 52-week low of Rs 1,559.50 per share in February this year, the stock gained more than 39 percent in less than nine months to hit a 52-week high of Rs 2,174.50 per share in November. The stock has so far fallen 3 percent since then.

Its P/E ratio stands at around 32, and it has a market capitalization of around Rs 11.95 lakh crore.

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/newgensoftwaretechnologies/NST01">Newgen Software Technologies</a> share price rose in the opening trade on December 16 following the company received Rs 16.53 crore order from a leading bank in India.

At 09:19am, Newgen Software Technologies was quoting at Rs 864.10, up Rs 2.10, or 0.24 percent, on the BSE.

".... has received and accepted a purchase order from a customer for supply, installation, customization and maintenance of digital lending platform," company said in press release.

<a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-gift-nifty-indicates-a-flat-start-us-asian-markets-fall-liveblog-13726902.html">Catch all the market action on our live blog</a>

Also, company's subsidiary Newgen Software Technologies Company incorporated in Saudi Arabia has signed an agreement with a customer for the project of designing and developing a loan origination system. The aggregate value of the award is SAR 15,982,125.

A leading public sector bank in Saudi Arabia awarded a project of designing and developing a loan origination system, which is to be executed in two years.

Earlier in this month, Mercedes-Benz Financial Services India has awarded a order for
Loan Management System of Rs 13,99,71,944.

In the previous trading session, the share closed at Rs 862.00, up Rs 4.45, or 0.52 percent.

The share touched a 52-week high of Rs 1,795.50 and a 52-week low of Rs 740.05 on 15 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 51.99 percent below its 52-week high and 16.48 percent above its 52-week low.

The market capitalisation of the company stands at Rs 12,267.79 crore.

Newgen Software shares rise on order win of Rs 16.5 crore from a leading bank

Newgen Software Technologies share price rose in the opening trade on December 16 following the company received Rs 16.53 crore order from a leading bank in India.

At 09:19am, Newgen Software Technologies was quoting at Rs 864.10, up Rs 2.10, or 0.24 percent, on the BSE.

&quot;.... has received and accepted a purchase order from a customer for supply, installation, customization and maintenance of digital lending platform,&quot; company said in press release.

Catch all the market action on our live blog

Also, company's subsidiary Newgen Software Technologies Company incorporated in Saudi Arabia has signed an agreement with a customer for the project of designing and developing a loan origination system. The aggregate value of the award is SAR 15,982,125.

A leading public sector bank in Saudi Arabia awarded a project of designing and developing a loan origination system, which is to be executed in two years.

Earlier in this month, Mercedes-Benz Financial Services India has awarded a order for
Loan Management System of Rs 13,99,71,944.

In the previous trading session, the share closed at Rs 862.00, up Rs 4.45, or 0.52 percent.

The share touched a 52-week high of Rs 1,795.50 and a 52-week low of Rs 740.05 on 15 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 51.99 percent below its 52-week high and 16.48 percent above its 52-week low.

The market capitalisation of the company stands at Rs 12,267.79 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/construction-real-estate/blkashyapsons/BLK">BL Kashyap and Sons</a> share price added 4 percent in the opening trade on December 16 following the company secured an order worth Rs 615.69 crore from Sattva CKC.

At 09:16am, BL Kashyap &amp; Sons was quoting at Rs 55.54, up Rs 2.35, or 4.42 percent, on the BSE.

The contract is for structural and civil work for commercial project Sattva Chennai Knowledge City at Chennai, Tamilnadu.

<a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-gift-nifty-indicates-a-flat-start-us-asian-markets-fall-liveblog-13726902.html">Catch all the market action on our live blog</a>

In the month of November, DLF Home Developers has awarded a civil structure, rough finishing &amp; waterproofing works and ancillary structures of Rs 254.22 crore.

In the previous trading session, the share closed up 5.12 percent or Rs 2.48 at Rs 50.91.

The share touched a 52-week high of Rs 84.40 and a 52-week low of Rs 42.71 on 08 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 36.98 percent below its 52-week high and 24.54 percent above its 52-week low.

The market capitalisation of the company stands at Rs 1,199.12 crore.

BL Kashyap shares gain 4% on winning order worth Rs 616 crore from Sattva CKC

BL Kashyap and Sons share price added 4 percent in the opening trade on December 16 following the company secured an order worth Rs 615.69 crore from Sattva CKC.

At 09:16am, BL Kashyap &amp;amp; Sons was quoting at Rs 55.54, up Rs 2.35, or 4.42 percent, on the BSE.

The contract is for structural and civil work for commercial project Sattva Chennai Knowledge City at Chennai, Tamilnadu.

Catch all the market action on our live blog

In the month of November, DLF Home Developers has awarded a civil structure, rough finishing &amp;amp; waterproofing works and ancillary structures of Rs 254.22 crore.

In the previous trading session, the share closed up 5.12 percent or Rs 2.48 at Rs 50.91.

The share touched a 52-week high of Rs 84.40 and a 52-week low of Rs 42.71 on 08 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 36.98 percent below its 52-week high and 24.54 percent above its 52-week low.

The market capitalisation of the company stands at Rs 1,199.12 crore.

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, acquisitions, and appointments, here’s a quick look at which stocks will be in focus in today's trade:

Stocks to watch

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticalsdrugs/senorespharmaceuticals/SPL10">Senores Pharmaceuticals</a>

The company has entered into a Share Purchase Agreement to acquire 100% of the share capital of Apnar Pharma in two tranches. Upon completion of the acquisition, Apnar Pharma will become a wholly owned subsidiary of the company.

<a href="https://www.moneycontrol.com/india/stockpricequote/mediaentertainment/zeemediacorporation/ZN">Zee Media Corporation</a>

A Pre-Institution Mediation proceeding has been initiated against the company before the Alternative Dispute Redressal Centre, Barasat, Kolkata.

<a href="https://www.moneycontrol.com/india/stockpricequote/infrastructure-general/arvindsmartspaces/AI72">Arvind SmartSpaces</a>

The company has acquired a new residential high-rise project in Whitefield, Bengaluru, with a total estimated saleable area of 4.6 lakh sq. ft. and a top-line potential of Rs 550 crore. The project has been acquired on an outright basis.

<a href="https://www.moneycontrol.com/india/stockpricequote/engineering/ionexchangeindia/IEI">Ion Exchange India</a>

The company has received contracts worth Rs 205 crore from Rayzon Energy and INOX Solar.

It has received an order worth Rs 95 crore from Rayzon Energy for process and utility systems required for its 5.1 GW PV solar project coming up at Kathwada, Surat, including an ultrapure water system, ETP, and ZLD.

The contract awarded by INOX Solar amounts to approximately Rs 110 crore and includes ultrapure water generation, wastewater treatment systems, and zero liquid discharge solutions.

<a href="https://www.moneycontrol.com/india/stockpricequote/hotel-resortrestaurants/lemontreehotels/LTH">Lemon Tree Hotels</a>

The hotel chain has announced the signing of its latest property—Lemon Tree Hotel, Bandipur, Nepal.

The property will be managed by its subsidiary, Carnation Hotels, and will feature 80 well-appointed rooms.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/panaceabiotec/PB02">Panacea Biotec</a>

Following the resignation of Devender Gupta from the position of Chief Financial Officer, effective December 15, the Board has appointed Vinod Goel as Chief Financial Officer, effective December 16.

Vinod Goel is currently acting as Group CFO and Head – Legal &amp; Company Secretary, as well as Compliance Officer of the company. He will be designated as Group Chief Financial Officer and Head – Legal &amp; Corporate Governance.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticalsdrugs/zyduslifesciences/CHC">Zydus Lifesciences</a>

The company’s US subsidiary, Sentynl Therapeutics, Inc., has announced that the US Food and Drug Administration (FDA) has accepted the resubmission of its New Drug Application (NDA) for copper histidinate (CUTX-101).

CUTX-101 is used to treat Menkes disease in pediatric patients.

The resubmission has been accepted as a Class I response, and as a result, the company has received January 14, 2026, as the new PDUFA date.

<a href="https://www.moneycontrol.com/india/stockpricequote/banks-public-sector/statebankindia/SBI">State Bank of India</a>

The bank will be signing a Euro 150 million Line of Credit with KfW (German Development Bank) for financing climate-friendly energy generation projects.

Additionally, the Central Government has appointed Ravi Ranjan, Deputy Managing Director of State Bank of India, as Managing Director of the bank.

<a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/solexenergy/SE20">Solex Energy</a>

The solar manufacturer has signed a non-binding Memorandum of Understanding (MoU) with Malaysia-based TT Vision Holdings Berhad, a global automation technology company.

The collaboration aims to advance solar manufacturing automation, engineering excellence, and talent development in India.

<a href="https://www.moneycontrol.com/india/stockpricequote/hotel-resortrestaurants/westlifefoodworld/DIC">Westlife Foodworld</a>

Shardul Doshi has been appointed as the Chief Financial Officer (CFO) of the company and its subsidiary, effective December 15.

<a href="https://www.moneycontrol.com/india/stockpricequote/construction-infrastructure/atlantaa/A9">Atlantaa</a>

The company has registered the Development Agreement for the redevelopment of a plot admeasuring 4,496 square metres and the premises of Highway Milton Cooperative Housing Society at Borivali, Mumbai.

The project has a projected Gross Development Value (GDV) of Rs 500 crore and is expected to deliver an estimated 1.75 lakh sq. ft. of saleable carpet area upon completion.

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/newgensoftwaretechnologies/NST01">Newgen Software Technologies</a>

The company has received an order worth Rs 16.53 crore from a customer for the supply, installation, customization, and maintenance of a digital lending platform.

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-civil/knrconstructions/KC13">KNR Constructions</a>

The company has received a tax demand order worth Rs 72 crore, including interest of Rs 42.33 crore, against the ITAT order for AY 2007–08 from the Assistant Commissioner of Income Tax – Central Circle-2(2), Hyderabad.

<a href="https://www.moneycontrol.com/india/stockpricequote/courier-services/delhivery/D06">Delhivery</a>

The logistics provider has announced the launch of its on-demand intracity shipping service on the Delhivery Direct app for customers in Mumbai and Hyderabad.

The service offers pickups within 15 minutes of booking.

<a href="https://www.moneycontrol.com/india/stockpricequote/construction-real-estate/blkashyapsons/BLK">B L Kashyap and Sons</a>

The company has received an order worth Rs 615.69 crore from Sattva CKC. The order involves structural and civil work for a commercial project, to be completed within 31 months.

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/intellectdesignarena/IDA">Intellect Design Arena</a>

The company’s subsidiary, Intellect Design Arena Inc., has announced partnerships with 35 Canadian credit unions across eight provinces.

These institutions collectively manage over $13 billion in assets under administration and serve more than 3,73,000 members.

Members will gain access to secure, seamless, and frictionless digital banking experiences aimed at enhancing engagement and personalization.

<a href="https://www.moneycontrol.com/india/stockpricequote/fasteners/sterlingtools/ST">Sterling Tools</a>

Pankaj Gupta has resigned as Chief Financial Officer of the company, effective December 31, to pursue other professional opportunities.

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/hcltechnologies/HCL02">HCL Technologies</a>

Aurobay Technologies, a division of Horse Powertrain and a global leader in hybrid and low-emission powertrain solutions, has expanded its digital transformation partnership with HCL Technologies.

The partnership aims to boost manufacturing excellence and innovation.

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-housing/canfinhomes/CFH">Can Fin Homes</a>

The Board has approved the reappointment of Suresh Srinivasan Iyer as Managing Director &amp; CEO and Key Managerial Personnel (KMP) of the company for a further period of two years, effective March 18, 2026.

Additionally, the Board has declared an interim dividend of Rs 7 per share for FY2025–26.

<a href="https://www.moneycontrol.com/india/stockpricequote/banks-private-sector/rblbank/RB03">RBL Bank</a>

Buvanesh Tharashankar has resigned as Chief Financial Officer of the bank to pursue opportunities outside the organization.

Bulk Deals

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-general/geojitfinancialservices/GBN01">Geojit Financial Services</a>

Promoter entity BNP Paribas SA, which held a 22.13% stake as of September 2025, sold 4.1 crore equity shares (equivalent to 14.6% of paid-up equity) in Geojit for Rs 278.8 crore at Rs 68 per share.

Of these, 13.6% of the shares were acquired by three investors and the founder.

ICICI Prudential Life Insurance Company acquired 1.25 crore shares for Rs 85 crore, Bajaj Allianz Life Insurance Company acquired 1.35 crore shares for Rs 91.8 crore, and ace investor Porinju Veliyath’s portfolio management firm, Equity Intelligence India, bought 80 lakh shares for Rs 54.4 crore.

Further, promoter and founder George John acquired 40 lakh shares for Rs 27.2 crore.

The acquisition price for all these transactions was Rs 68 per share.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticalsdrugs/coronaremedies/CRL02">Corona Remedies</a>

Invesco Mutual Fund has acquired a 2.7% stake in the pharmaceutical company for Rs 241.55 crore.

The fund house purchased 7 lakh shares at Rs 1,434.20 per share and 9.68 lakh shares at Rs 1,457.42 per share.

Stock in F&amp;O ban

Bandhan Bank

Stocks to Watch Today: HCLTech, RBL Bank, Atlantaa, Zydus Life, Ion Exchange, Solex Energy, BL Kashyap, Intellect Design, Senores in focus on 16 December

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

Stocks to watch

Senores Pharmaceuticals

The company has entered into a Share Purchase Agreement to acquire 100% of the share capital of Apnar Pharma in two tranches. Upon completion of the acquisition, Apnar Pharma will become a wholly owned subsidiary of the company.

Zee Media Corporation

A Pre-Institution Mediation proceeding has been initiated against the company before the Alternative Dispute Redressal Centre, Barasat, Kolkata.

Arvind SmartSpaces

The company has acquired a new residential high-rise project in Whitefield, Bengaluru, with a total estimated saleable area of 4.6 lakh sq. ft. and a top-line potential of Rs 550 crore. The project has been acquired on an outright basis.

Ion Exchange India

The company has received contracts worth Rs 205 crore from Rayzon Energy and INOX Solar.

It has received an order worth Rs 95 crore from Rayzon Energy for process and utility systems required for its 5.1 GW PV solar project coming up at Kathwada, Surat, including an ultrapure water system, ETP, and ZLD.

The contract awarded by INOX Solar amounts to approximately Rs 110 crore and includes ultrapure water generation, wastewater treatment systems, and zero liquid discharge solutions.

Lemon Tree Hotels

The hotel chain has announced the signing of its latest property—Lemon Tree Hotel, Bandipur, Nepal.

The property will be managed by its subsidiary, Carnation Hotels, and will feature 80 well-appointed rooms.

Panacea Biotec

Following the resignation of Devender Gupta from the position of Chief Financial Officer, effective December 15, the Board has appointed Vinod Goel as Chief Financial Officer, effective December 16.

Vinod Goel is currently acting as Group CFO and Head – Legal &amp;amp; Company Secretary, as well as Compliance Officer of the company. He will be designated as Group Chief Financial Officer and Head – Legal &amp;amp; Corporate Governance.

Zydus Lifesciences

The company’s US subsidiary, Sentynl Therapeutics, Inc., has announced that the US Food and Drug Administration (FDA) has accepted the resubmission of its New Drug Application (NDA) for copper histidinate (CUTX-101).

CUTX-101 is used to treat Menkes disease in pediatric patients.

The resubmission has been accepted as a Class I response, and as a result, the company has received January 14, 2026, as the new PDUFA date.

State Bank of India

The bank will be signing a Euro 150 million Line of Credit with KfW (German Development Bank) for financing climate-friendly energy generation projects.

Additionally, the Central Government has appointed Ravi Ranjan, Deputy Managing Director of State Bank of India, as Managing Director of the bank.

Solex Energy

The solar manufacturer has signed a non-binding Memorandum of Understanding (MoU) with Malaysia-based TT Vision Holdings Berhad, a global automation technology company.

The collaboration aims to advance solar manufacturing automation, engineering excellence, and talent development in India.

Westlife Foodworld

Shardul Doshi has been appointed as the Chief Financial Officer (CFO) of the company and its subsidiary, effective December 15.

Atlantaa

The company has registered the Development Agreement for the redevelopment of a plot admeasuring 4,496 square metres and the premises of Highway Milton Cooperative Housing Society at Borivali, Mumbai.

The project has a projected Gross Development Value (GDV) of Rs 500 crore and is expected to deliver an estimated 1.75 lakh sq. ft. of saleable carpet area upon completion.

Newgen Software Technologies

The company has received an order worth Rs 16.53 crore from a customer for the supply, installation, customization, and maintenance of a digital lending platform.

KNR Constructions

The company has received a tax demand order worth Rs 72 crore, including interest of Rs 42.33 crore, against the ITAT order for AY 2007–08 from the Assistant Commissioner of Income Tax – Central Circle-2(2), Hyderabad.

Delhivery

The logistics provider has announced the launch of its on-demand intracity shipping service on the Delhivery Direct app for customers in Mumbai and Hyderabad.

The service offers pickups within 15 minutes of booking.

B L Kashyap and Sons

The company has received an order worth Rs 615.69 crore from Sattva CKC. The order involves structural and civil work for a commercial project, to be completed within 31 months.

Intellect Design Arena

The company’s subsidiary, Intellect Design Arena Inc., has announced partnerships with 35 Canadian credit unions across eight provinces.

These institutions collectively manage over $13 billion in assets under administration and serve more than 3,73,000 members.

Members will gain access to secure, seamless, and frictionless digital banking experiences aimed at enhancing engagement and personalization.

Sterling Tools

Pankaj Gupta has resigned as Chief Financial Officer of the company, effective December 31, to pursue other professional opportunities.

HCL Technologies

Aurobay Technologies, a division of Horse Powertrain and a global leader in hybrid and low-emission powertrain solutions, has expanded its digital transformation partnership with HCL Technologies.

The partnership aims to boost manufacturing excellence and innovation.

Can Fin Homes

The Board has approved the reappointment of Suresh Srinivasan Iyer as Managing Director &amp;amp; CEO and Key Managerial Personnel (KMP) of the company for a further period of two years, effective March 18, 2026.

Additionally, the Board has declared an interim dividend of Rs 7 per share for FY2025–26.

RBL Bank

Buvanesh Tharashankar has resigned as Chief Financial Officer of the bank to pursue opportunities outside the organization.

Bulk Deals

Geojit Financial Services

Promoter entity BNP Paribas SA, which held a 22.13% stake as of September 2025, sold 4.1 crore equity shares (equivalent to 14.6% of paid-up equity) in Geojit for Rs 278.8 crore at Rs 68 per share.

Of these, 13.6% of the shares were acquired by three investors and the founder.

ICICI Prudential Life Insurance Company acquired 1.25 crore shares for Rs 85 crore, Bajaj Allianz Life Insurance Company acquired 1.35 crore shares for Rs 91.8 crore, and ace investor Porinju Veliyath’s portfolio management firm, Equity Intelligence India, bought 80 lakh shares for Rs 54.4 crore.

Further, promoter and founder George John acquired 40 lakh shares for Rs 27.2 crore.

The acquisition price for all these transactions was Rs 68 per share.

Corona Remedies

Invesco Mutual Fund has acquired a 2.7% stake in the pharmaceutical company for Rs 241.55 crore.

The fund house purchased 7 lakh shares at Rs 1,434.20 per share and 9.68 lakh shares at Rs 1,457.42 per share.

Stock in F&amp;amp;O ban

Bandhan Bank

Promoter entity BNP Paribas SA has offloaded 14.68 percent equity stake in Geojit Financial Services via open market transactions on December 15. Of which, 13.6 percent shares were bought by three investors as well as founder.

Perhaps, <a href="https://www.moneycontrol.com/india/stockpricequote/finance-general/geojitfinancialservices/GBN01">Geojit Financial Services</a> seems to have reacted to the large number of transactions, rising 7.9 percent to Rs 75.44 amid high volumes.

As per the bulk deals data, BNP Paribas SA, which held 22.13 percent stake as of September 2025, sold 4.1 crore equity shares (equivalent to 14.6 percent of paid-up equity) in Geojit for Rs 278.8 crore at Rs 68 per share.

However, ICICI Prudential Life Insurance Company picked up 1.25 crore shares for Rs 85 crore, Bajaj Allianz Life Insurance Company 1.35 crore shares for Rs 91.8 crore, and ace investor Porinju Veliyath-owned portfolio management company Equity Intelligence India bought 80 lakh shares for Rs 54.4 crore.

Further, George John, the promoter and founder, has acquired 40 lakh shares for Rs 27.2 crore. The buying price for all these shares remains at Rs 68 per share.

Meanwhile, <a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticalsdrugs/coronaremedies/CRL02">Corona Remedies</a> has also seen strong buying on its listing day, closing 35.44 percent higher at Rs 1,438.4 on Monday. Invesco Mutual Fund has acquired 2.7 percent stake in the pharma company for Rs 241.55 crore.

The fund house picked up 7 lakh shares in Corona at Rs 1,434.2 per share, and 9.68 lakh shares at Rs 1,457.42 per share.

PPFAS Mutual Fund has acquired 56.78 lakh units in <a href="https://www.moneycontrol.com/india/stockpricequote/construction-real-estate/brookfieldindiarealestatetrust/BIR">Brookfield India RET</a> for Rs 185.09 crore at Rs 325.98 per unit, however, Bharti (SBM) Holdings sold 1.02 crore units for Rs 334.06 crore at Rs 326.16 per unit. The Real Estate Trust corrected more than 4 percent on Monday to finish at Rs 328.72.

Meher &amp; Pheroz Pudumjee Family Discretionary Trust sold 1.12 lakh shares (equivalent to 0.52 percent stake) in <a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/matrimonycom/M20">Matrimony.Com</a> for Rs 5.82 crore at Rs 518.46 per share, while Chungath Karunakaran Padma Kumar bought 8.4 lakh shares in <a href="https://www.moneycontrol.com/india/stockpricequote/ironsteel/ratnaveerprecisionengineering/RPE">Ratnaveer Precision Engineering</a> for Rs 13.03 crore at Rs 155 per share.

Promoter BNP Paribas sells 14.7% stake Geojit Financial; Equity Intelligence, ICICI Pru Life, Bajaj Allianz Life among buyers 13.6% shares

Promoter entity BNP Paribas SA has offloaded 14.68 percent equity stake in Geojit Financial Services via open market transactions on December 15. Of which, 13.6 percent shares were bought by three investors as well as founder.

Perhaps, Geojit Financial Services seems to have reacted to the large number of transactions, rising 7.9 percent to Rs 75.44 amid high volumes.

As per the bulk deals data, BNP Paribas SA, which held 22.13 percent stake as of September 2025, sold 4.1 crore equity shares (equivalent to 14.6 percent of paid-up equity) in Geojit for Rs 278.8 crore at Rs 68 per share.

However, ICICI Prudential Life Insurance Company picked up 1.25 crore shares for Rs 85 crore, Bajaj Allianz Life Insurance Company 1.35 crore shares for Rs 91.8 crore, and ace investor Porinju Veliyath-owned portfolio management company Equity Intelligence India bought 80 lakh shares for Rs 54.4 crore.

Further, George John, the promoter and founder, has acquired 40 lakh shares for Rs 27.2 crore. The buying price for all these shares remains at Rs 68 per share.

Meanwhile, Corona Remedies has also seen strong buying on its listing day, closing 35.44 percent higher at Rs 1,438.4 on Monday. Invesco Mutual Fund has acquired 2.7 percent stake in the pharma company for Rs 241.55 crore.

The fund house picked up 7 lakh shares in Corona at Rs 1,434.2 per share, and 9.68 lakh shares at Rs 1,457.42 per share.

PPFAS Mutual Fund has acquired 56.78 lakh units in Brookfield India RET for Rs 185.09 crore at Rs 325.98 per unit, however, Bharti (SBM) Holdings sold 1.02 crore units for Rs 334.06 crore at Rs 326.16 per unit. The Real Estate Trust corrected more than 4 percent on Monday to finish at Rs 328.72.

Meher &amp;amp; Pheroz Pudumjee Family Discretionary Trust sold 1.12 lakh shares (equivalent to 0.52 percent stake) in Matrimony.Com for Rs 5.82 crore at Rs 518.46 per share, while Chungath Karunakaran Padma Kumar bought 8.4 lakh shares in Ratnaveer Precision Engineering for Rs 13.03 crore at Rs 155 per share.

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

Gainers/Losers

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Earnings Review-Q2 FY25-26

Stock News

Bharti Airtel shares rise 2% as Morgan Stanley increases target price, expects tariff hike in Q1FY27

Newgen Software shares rise on order win of Rs 16.5 crore from a leading bank

BL Kashyap shares gain 4% on winning order worth Rs 616 crore from Sattva CKC

Stocks to Watch Today: HCLTech, RBL Bank, Atlantaa, Zydus Life, Ion Exchange, Solex Energy, BL Kashyap, Intellect Design, Senores in focus on 16 December

Promoter BNP Paribas sells 14.7% stake Geojit Financial; Equity Intelligence, ICICI Pru Life, Bajaj Allianz Life among buyers 13.6% shares

Automobile - Tractors Industry StocksCheck latest stock performance, list of stocks, earnings review & more details about the Automobile - Tractors industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q2 FY25-26

Stock News

Bharti Airtel shares rise 2% as Morgan Stanley increases target price, expects tariff hike in Q1FY27

Newgen Software shares rise on order win of Rs 16.5 crore from a leading bank

BL Kashyap shares gain 4% on winning order worth Rs 616 crore from Sattva CKC

Stocks to Watch Today: HCLTech, RBL Bank, Atlantaa, Zydus Life, Ion Exchange, Solex Energy, BL Kashyap, Intellect Design, Senores in focus on 16 December

Promoter BNP Paribas sells 14.7% stake Geojit Financial; Equity Intelligence, ICICI Pru Life, Bajaj Allianz Life among buyers 13.6% shares

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