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
The global technology company has been selected as a strategic partner by ASN Bank (formerly de Volksbank), the fourth-largest retail bank in the Netherlands. Under the multi-year agreement, HCLTech will support ASN Bank’s enterprise applications and streamline services through a distributed delivery model to enhance efficiency and customer experience.
The company’s subsidiary, Cyient Semiconductors Singapore, has signed a definitive agreement to acquire a majority stake exceeding 65% in Kinetic Technologies, a global leader in power management, high-performance analog, and mixed-signal ICs, for $93 million. This acquisition will drive custom power IC leadership for Edge AI and high-performance compute markets.
The Board has approved the appointment of Venkata Peri as Group Chief Operating Officer, forming part of the Senior Management Personnel, effective December 22.
The company has received a Letter of Acceptance (LOA) and secured its first order worth Rs 273.24 crore in safety and signalling systems from Indian Railways. The order involves the design, manufacture, supply, testing, and commissioning of Rail Borne Maintenance Vehicles (RBMV), including training of Indian Railways personnel, servicing, and breakdown maintenance.
The company’s subsidiary, AG Enviro Infra Projects, has received two contracts worth Rs 1,330 crore for the collection and transportation of municipal solid waste (MSW) in Mumbai from the Brihanmumbai Municipal Corporation.
The contracts were awarded to its consortium/joint venture comprising AG Enviro Infra Projects (51% stake), Jigar Transport Company (29%), and M K Enterprises (20%).
The Board has approved the issuance of 6.61 crore equity shares at an issue price of Rs 120.88 each, aggregating to Rs 800 crore, to Synergy Industrial and Power Metals and Credit Solutions India Trust.
Further, the Board has approved the issuance of 3.3 crore convertible warrants, each carrying the right to subscribe to one equity share of the company at an issue price of Rs 120.88 per warrant, aggregating to Rs 400 crore, to Hyderabad Jabilli Properties.
The Government has decided to exercise the oversubscription option of 7.6 crore shares (0.395% of paid-up equity), in addition to 38.51 crore shares (2% of equity, the base offer size), of the bank in the offer-for-sale issue on December 18.
Hence, the total offer-for-sale size will be up to 46.12 crore equity shares, representing a 2.395% stake.
KP Group has signed a Memorandum of Understanding (MoU) with the Government of the Republic of Botswana to collaborate on the development of large-scale renewable energy generation, energy storage, and transmission infrastructure projects, requiring capital investment of around $4 billion (Rs 36,000 crore).
The real estate and infrastructure development subsidiary of the Mahindra Group has launched Mahindra Blossom, a residential development project in Whitefield, Bengaluru, with a potential gross development value (GDV) of approximately Rs 1,900 crore.
The company has completed the acquisition of a 26% equity share capital in FPEL HR1 Energy.
The company has received a Letter of Award from Power Grid Corporation of India for the refurbishment of the 2×500 MW HVDC Chandrapur back-to-back link between the northern and southern parts of India. The scope of the project includes the upgrade of HVDC thyristor valves and HVDC controls and protection systems.
The Reserve Bank of India has authorised Paytm Payments Services, a wholly owned subsidiary of One 97 Communications, to operate as a Payment Aggregator for physical (offline) payments and cross-border transactions (both inward and outward), in addition to the online Payment Aggregator authorisation already granted by the RBI on November 26.
With this authorisation, Paytm Payments Services now holds Payment Aggregator licences across all key segments, enabling it to offer end-to-end payment aggregation services across online, offline, and cross-border use cases.
The company has received permission from the Central Drugs Standard Control Organization to import, sell, and distribute Datopotamab Deruxtecan powder for concentrate for solution for infusion 100 mg (r-DNA origin) (Datverzo), a new drug in India.
Datopotamab Deruxtecan is indicated for the treatment of adult patients with unresectable or metastatic hormone receptor (HR)-positive, human epidermal growth factor receptor 2 (HER2)-negative breast cancer.
Denta Water and Infra Solutions
The company has secured four major water infrastructure projects worth over Rs 106 crore in Karnataka.
The company has acquired a 60% equity stake in Elcome for Rs 235 crore through a mix of primary and secondary investment.
On November 10, the Board approved the execution of a securities subscription and purchase agreement and a shareholders’ agreement with the promoters of Elcome to acquire the entire paid-up share capital of Elcome Integrated Systems, and for Elcome to acquire the entire paid-up share capital of Navicom Technology International.
Bulk Deals
Promoter Imperial Chemical Industries has offloaded 40.97 lakh shares, equivalent to an 8.99% equity stake, in Akzo for over Rs 1,296.09 crore at Rs 3,163.5 per share. The promoters held a 69.76% equity stake in the company as of September 2025.
Meanwhile, Goldman Sachs Funds acquired 3.35 lakh shares (0.73% stake) in the paint company for Rs 105.67 crore at Rs 3,150 per share.
Polar Capital Funds Plc, through its Healthcare Opportunities Fund, acquired 34.27 lakh shares (3.41% stake) in Nephrocare for Rs 165.1 crore at Rs 481.77 per share, while Poonawalla Vision Fund I bought 6.1 lakh shares (0.6% stake) for Rs 29.89 crore at Rs 490.05 per share.
Founder Bhavish Aggarwal sold 4.19 crore shares (0.95% of paid-up equity) in Ola Electric Mobility for Rs 142.3 crore at Rs 33.96 per share, in addition to a 0.6% stake sale in the previous session.
Over the past two sessions, Bhavish has pared more than a 1.5% stake in the company for Rs 234.17 crore. The total promoter shareholding in Ola Electric stood at 36.78% as of September 2025.
Promoter S Gupta Holding acquired 4.75 lakh shares, representing a 0.84% stake, in SG Finserve for Rs 18.97 crore at Rs 399.41 per share.
SME Listing
HRS Aluglaze
Pajson Agro India
Stock Trades Ex-Date for Rights
Anirit Ventures
Stock Trades Ex-Dividend
Indian Oil Corporation
Stock in F&O ban
Bandhan Bank
Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
