Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
Stocks to Watch
The company has received a Letter of Intent from Adani Energy Solutions for the supply of 7,668 km of AL-59 Zebra Conductor for the Khavda project, worth Rs 276.05 crore.
The company has secured an order worth Rs 105.18 crore from an engineering and infrastructure company for the supply of spiral pipes with external 3 LPE coating.
The company is set to buy the remaining 30% stake in its subsidiary, Swiss Parenterals, from Naishadh Shah for Rs 423.3 crore. In exchange, the company will issue 23.06 lakh shares on a preferential basis to Naishadh Shah. The proposed transaction is expected to complete tentatively before March 31, 2026.
Currently, Eris Lifesciences holds a 70% stake in Swiss Parenterals.
The company has received a Letter of Intent from REC Power Development and Consultancy for the establishment of a 400/220 kV Velgaon Substation.
The company has received a work order worth Rs 220.14 crore from the National Highways and Infrastructure Development Corporation (NHIDCL). The order involves the construction of a two-lane road with a paved shoulder for the Kohima Bypass road in Nagaland, under the Special Accelerated Road Development Programme for the development of road networks in North-Eastern States, on an EPC mode of contract.
The company has entered into a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh (GoUP), proposing to invest Rs 250 crore in the next 3 to 5 years for the proposed project.
The pharma company has received approval from the European Commission for AVT03 (denosumab), a proposed biosimilar of Prolia and Xgeva. Prolia is a prescription medicine used to treat osteoporosis.
Paras Defence and Space Technologies
The company has signed a Memorandum of Understanding (MoU) with the Inter-University Accelerator Centre (IUAC), New Delhi. Paras and IUAC will combine their respective capabilities to develop a commercial-grade MRI magnet system for indigenous manufacturing in the country, making India self-reliant in superconducting MRI magnet technology, thus nurturing Aatma Nirbhar Bharat.
Housing & Urban Development Corporation
HUDCO has signed a Memorandum of Understanding (MoU) with the National Institute of Urban Affairs (NIUA) to develop programs of mutual interest on themes related to urban infrastructure and development.
The company's Dubai-based subsidiary, Sunteck Lifestyles, has received an order from the London Court of International Arbitration confirming the withdrawal of claims and termination of arbitration with its joint venture partner, Grand Valley General Trading LLC. With this order, all litigation between the parties has been disposed of.
Bulk Deals
Paytm, Fortis Healthcare, GE Vernova T&D
BNP Paribas Financial Markets sold 1.19 crore equity shares in Fortis Healthcare at Rs 921.85 per share for Rs 1,100.5 crore, and Integrated Core Strategies (Asia) offloaded 52.81 lakh shares in Fortis at Rs 921.93 per share for Rs 486.88 crore, totaling 2.28% stake.
In GE Vernova T&D India, BNP Paribas Financial Markets sold 38.3 lakh shares at Rs 2,866.23 per share for Rs 1,098 crore, and Integrated Core Strategies (Asia) sold 14.18 lakh shares at Rs 2,869.13 per share for Rs 406.86 crore, totaling 2.05% stake.
Further, Integrated Core Strategies (Asia) and BNP Paribas Financial Markets offloaded 32.55 lakh shares in One 97 Communications (Paytm) at Rs 1,259.85 per share for Rs 410.11 crore, and 1.05 crore shares at Rs 1,260.06 per share for Rs 1,330.7 crore, respectively, which in total was 2.16% of paid-up equity.
Orient Electric, Rain Industries
iShares Core MSCI Emerging Markets ETF sold 12.63 lakh shares in Orient Electric at Rs 164.45 per share for Rs 20.77 crore, and 17.83 lakh shares in Rain Industries at Rs 106.13 per share for Rs 18.92 crore.
BNP Paribas Financial Markets offloaded 43.1 lakh shares in Siemens Energy India at Rs 3,163.99 per share, valued at Rs 1,363.86 crore.
Integrated Core Strategies (Asia) acquired 7.38 lakh shares in Tata Elxsi at Rs 5,248.59 per share for Rs 387.84 crore, and 15.38 lakh shares in Astral at Rs 1,473.35 per share, valued at Rs 226.7 crore.
Container Corporation of India
BNP Paribas Financial Markets acquired 72.17 lakh shares in Container Corporation of India at Rs 515.3 per share for Rs 371.9 crore.
TD Power Systems ACC, Acutaas Chemicals
iShares Core MSCI Emerging Markets ETF bought 9.68 lakh shares in TD Power Systems at Rs 759.08 per share for Rs 73.49 crore, 9.82 lakh shares in ACC at Rs 1,911.86 per share for Rs 187.82 crore, and 5.3 lakh shares in Acutaas Chemicals at Rs 1,852.12 per share for Rs 98.2 crore.
Aditya Kumar Halwasiya bought an additional 45 lakh shares in the bank (1.19% stake) at Rs 198.87 per share, valued at Rs 89.49 crore.
Stock Trades Ex-Date for Interim Dividend
Ingersoll-Rand (India)
Stock Trades Ex-Date for Amalgamation
Medinova Diagnostic Services
Stocks in F&O ban
SAIL
Sammaan Capital
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