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:
Jindal Poly Films Q2 (Consolidated YoY)
Loss stands at Rs 12.8 crore Vs profit of Rs 116.6 crore
Revenue sinks 63.8% to Rs 410.4 crore Vs Rs 1,134.6 crore
Other income plunges 79.5% to Rs 53.5 crore Vs Rs 261.2 crore
Stocks to Watch
The Central Government has assigned Hardeep Singh Ahluwalia additional charge of the post of Managing Director & Chief Executive Officer of Canara Bank, effective January 1, for a period of three months. This follows the superannuation of the present MD & CEO, K Satyanarayana Raju, on December 31, 2025.
Currently, Hardeep Singh Ahluwalia is serving as the Executive Director of Canara Bank.
The company has reached an agreement with the Vodafone Group and entered into an amendment agreement to the Implementation Agreement (IA dated March 20, 2017) with its promoter or promoter group shareholders.
An amount of Rs 5,836 crore is receivable from Vodafone Group promoters as per the amended agreement. Of this, a defined amount of Rs 2,307 crore will be released by the Vodafone Group promoters over the next 12 months.
The IA governs the Contingent Liability Adjustment Mechanism (CLAM) established at the time of the merger of erstwhile Vodafone India and Idea Cellular, and the Amendment Agreement records the discharge of such CLAM.
A portion of the CLAM amount is secured through the earmarking of 328 crore equity shares of the company by certain Vodafone Group shareholders for a period of five years. As on the date of the Amendment Agreement, the market value of the earmarked shares stands at Rs 3,529 crore, based on the closing market price of Rs 10.76 per share on the National Stock Exchange of India.
The company has received three orders worth Rs 220.31 crore from Canara Bank and Navodaya Vidyalaya Samiti. This includes an order worth Rs 163.12 crore for planning, designing, and execution of construction of the Head Office Annex Building for Canara Bank at Rachanahalli Village, Bengaluru.
The company received four orders worth Rs 1,237.24 crore in December 2025. Of these, Rs 704.67 crore pertains to the buildings division, while Rs 532.57 crore relates to the transportation division.
Great Eastern Shipping Company
The company has contracted to buy a second-hand medium-range tanker of about 51,565 DWT on December 31. The 2013 South Korea–built vessel is expected to join the company’s fleet in Q4 FY26.
Promoter UK Paints (India) has acquired a 14.48 percent stake in the company from Jenson & Nicholson (Asia) as part of a restructuring exercise, increasing its shareholding to 64.57 percent.
Unsoo Kim has resigned from the position of Managing Director & Director of Hyundai Motor India, effective December 31.
The company has received shareholders’ approval for the appointment of Tarun Garg as the new Managing Director & Chief Executive Officer, effective January 1, 2026.
The company has received an order from the CGST Gurugram Commissionerate, Gurugram, raising a demand of Rs 148.33 crore (including interest and penalty) for the financial years 2018–19, 2019–20, and 2021–22.
The Commissioner of GST & Central Excise, Chennai, has substantially dropped the tax demand raised in the Show Cause Notice dated September 16, 2025, against the company’s subsidiary, Blue Dart Aviation.
Out of the total proposed demand of Rs 420.8 crore, Rs 420.13 crore has been set aside in respect of issues relating to the determination of place of supply and availment of input tax credit, after considering Blue Dart Aviation’s submissions.
The adjudicating authority has now revised the demand to Rs 64.98 lakh, along with interest of Rs 41.71 crore and a penalty of Rs 6.49 crore. The revised tax and interest have been voluntarily accepted and discharged by Blue Dart Aviation to avoid protracted litigation.
The company’s subsidiaries, Adani Defence Systems and Technologies and Horizon Aero Solutions, have completed the acquisition of a 39 percent effective shareholding in Flight Simulation Technique Centre (FSTC) at an enterprise value of Rs 820 crore.
FSTC is a Directorate General of Civil Aviation (DGCA) and European Union Aviation Safety Agency (EASA)–approved pilot training organization that provides integrated flight training to pilots.
Vishal Chaturvedi, Business Head – Cell, designated as Senior Management Personnel of the company, has resigned effective December 31 due to personal commitments.
Indian Railway Finance Corporation
The company has executed a Rupee Term Loan Agreement with Maharashtra State Power Generation Company (MAHAGENCO) for a sanctioned amount of Rs 5,000 crore, out of which Rs 3,000 crore has already been disbursed.
Vedamirtham Venkatesan has resigned from the position of Whole-Time Director and Chief Financial Officer of the company, effective December 31.
Bulk Deals
SBI Mutual Fund has picked up an additional 22.4 lakh shares (equivalent to 5.73 percent of the paid-up equity capital) in Privi Speciality Chemicals for Rs 634.8 crore at Rs 2,833.96 per share. The fund house, through its Multi Asset Allocation Fund, already held a 3.64 percent stake in the company as of September 2025.
Bhaumikbhai Kiritbhai Doshi also net bought 1.88 lakh shares at Rs 2,836.91 per share, amounting to Rs 53.39 crore. However, promoter entity Vivira Investment and Trading sold 36.28 lakh shares (9.28 percent stake) for Rs 1,029.8 crore at Rs 2,838 per share.
HDFC Mutual Fund, through HDFC Balanced Advantage Fund (HDFCGR), bought 13.13 lakh shares (0.75 percent stake) in the infrastructure construction company at Rs 261 per share for Rs 34.28 crore. Meanwhile, Pine Oak Global Fund sold 14 lakh shares (0.8 percent stake) for Rs 36.5 crore at Rs 261.04 per share.
The Pungalia family offloaded a 4.01 percent stake in Vishnu Prakash R Punglia for Rs 26.72 crore.
Pushpa Pungalia sold 15 lakh shares at Rs 53.40 per share for Rs 8.01 crore, Pushpa Devi Pungalia sold 15 lakh shares at Rs 53.20 per share for Rs 7.98 crore, Anil Pungalia sold 10 lakh shares at Rs 53.75 per share for Rs 5.37 crore, and Vijay Pungalia sold 10 lakh shares at Rs 53.62 per share for Rs 5.36 crore.
Meanwhile, Jaliyan Commodity acquired 13.46 lakh shares (1.08 percent stake) at Rs 52.58 per share for Rs 7.07 crore.
Block Deals
Jupiter India Fund and The Jupiter Global Fund – Jupiter India Select acquired 15 lakh shares (0.47 percent stake) in Swan Corp for Rs 70.2 crore at Rs 468 per share. Jainam Broking was the seller in the deal, offloading 15 lakh shares at the same price.
Stock Trades Ex-Date for Rights
Avasara Finance
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