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:
Vidya Wires will release its quarterly earnings today.
Sudeep Pharma Q2 (Consolidated YoY)
Profit falls 6.2% to Rs 45.7 crore Vs Rs 48.7 crore
Revenue grows 9.3% to Rs 162.7 crore Vs Rs 148.8 crore
Stocks to Watch
The Board has approved material related-party contracts to provide works relating to initial upgradation, O&M works, and project implementation, and to act as the project manager of the IRB Infrastructure Trust (Private InvIT) in relation to the TOT-17 Project, implemented through IRB Harihara Corridors (the project SPV).
The company has agreed to act as the project manager for a revenue-linked concession period of 20 years from the Appointed Date, for an estimated value of up to Rs 6,785 crore.
Meanwhile, the Board has sought approval from shareholders for the corridors of the Lucknow–Ayodhya–Gorakhpur section of NH-28 (new NH-27) and Lucknow–Sultanpur (NH-731) under the TOT-17 project on January 13.
Krishna Institute of Medical Sciences
The company has entered into a Leave and License Agreement with Andhra Mahila Sabha to take approximately 1.168 acres of land in Chennai, Tamil Nadu, on a long-term lease for setting up a super speciality hospital.
The proposed capacity expansion is around 300 beds, and the investment in the project is expected to be around Rs 300 crore.
Additionally, KIMS has made a further investment in tranches by acquiring an additional 6.94% equity stake in material subsidiary Sarvejana Healthcare for Rs 148.09 crore. Consequently, the company now holds a 75.53% stake in Sarvejana Healthcare.
The company has received a multi-year contract from AESL Projects for the design, supply, and execution of a 2,500 MW High Voltage Direct Current (HVDC) VSC terminal station (2 × 1,250 MW) from KPS 3 (Khavda) to South Olpad.
The transport infrastructure consultancy has signed a Memorandum of Understanding (MoU) with the Government of the Republic of Botswana for the development and modernisation of transport infrastructure in Botswana.
The US Food and Drug Administration (FDA) has completed a Good Manufacturing Practices (GMP) and Prior Approval Inspection at the company’s subsidiary, Granules Life Sciences (GLS), in Hyderabad, with five observations related to procedural requirements.
None of these observations are associated with data integrity or product safety.
The inspection was conducted from December 15 to 19. GLS manufactures PFI and finished dosages.
The company has received two construction work orders worth Rs 281.18 crore from its holding company, Roadway Solutions India Infra. The orders involve construction of an Access Controlled Expressway Connector to the Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra Samrudhi Mahamarg from Jalna to Nanded in Maharashtra.
The company’s subsidiary, Tata Chemicals International, has executed a Share Purchase Agreement (SPA) to acquire 100% equity share capital of Singapore-based Novabay for Euro 25 million. Completion of the acquisition is contingent upon fulfilment of various conditions precedent as specified in the SPA.
The Board has approved the execution of a Sale and Purchase Agreement (SPA) for the disinvestment of 1.6 crore equity shares, representing 25.52% of the shareholding in Taj GVK Hotels & Resorts (TajGVK).
These shares are proposed to be acquired by Shalini Bhupal, a member of the promoter and promoter group of TajGVK, at a price of Rs 370 per share.
The company has acquired 148.8 crore equity shares worth $150 million (Rs 1,354.94 crore) in its foreign subsidiary, T Steel Holdings (TSHP). Post this acquisition, TSHP will continue to be a wholly owned foreign subsidiary of the company.
Additionally, the company has received an order from the Commissioner of CGST & Central Excise, Jamshedpur, directing it to pay a tax amount of Rs 493.35 crore, a penalty of Rs 638.82 crore, and applicable interest on the total tax amount.
The company has entered into a Joint Venture Agreement with Hindustan Waste Treatment (HWT) for setting up compressed biogas plant and biofuel projects.
The Board has approved the re-appointment of Arvind Poddar as Chairman and Managing Director of the company for a period of five years, effective August 1, 2026.
The company’s subsidiary, Emmvee Energy, has commenced operations of its 2.5 GW solar module line at its factory in Bengaluru (Unit VI), taking the total solar module manufacturing capacity to 10.3 GW.
Promoter Tatravagonka AS has acquired a 0.55% stake (28.72 lakh shares) in the company for Rs 135 crore at Rs 470 per share.
The company, through its subsidiary International Hospital, has signed definitive agreements for the acquisition of the 125-bedded People Tree Hospital in Yeshwanthpur, Bengaluru (PTHY), via 100% acquisition of TMI Healthcare, the entity under which the PTHY business operations reside, for Rs 430 crore.
The acquisition of the adjacent land parcel of 0.8 acres provides the company with the potential to expand bed capacity to over 300 beds. An additional investment of Rs 410 crore is planned over the next three years to further augment bed infrastructure, medical equipment, and clinical programmes, including radiation oncology.
After hearing the petition, the High Court has kept the Power Grid Corporation of India (PGCIL) order in abeyance and has further allowed KEC to continue participating in ongoing bids, including those of PGCIL, until the aforesaid action is completed by PGCIL.
KEC had filed a writ petition against the PGCIL order dated November 18, 2025, pertaining to its exclusion from participating in PGCIL tenders for a period of nine months.
PVR Inox has opened a two-screen multiplex in Saboo, Leh, Ladakh, developed under its Franchise Owned Company Operated (FOCO) model.
With this launch, PVR Inox now operates the largest multiplex network with 1,774 screens across 356 properties in 112 cities in India and Sri Lanka.
Musalgaon Power Transmission has been incorporated as a wholly owned subsidiary of REC Power Development and Consultancy, which itself is a wholly owned subsidiary of REC.
Container Freight Station (CFS) volumes in November stood at 55,300 TEUs, up 16% year-on-year and down 8% compared to the previous month.
Bulk Deals
Medi Assist Healthcare Services
HDFC Mutual Fund, managed by HDFC Asset Management Company, acquired 3.81 lakh shares (equivalent to 0.51% of paid-up equity) in Medi Assist for Rs 16.5 crore at Rs 433 per share.
As of September 2025, HDFC Large and Mid Cap Fund already held a 7.53% stake in Medi Assist.
Powergrid Infrastructure Investment Trust
HDFC Mutual Fund acquired an additional 77.67 lakh units (0.85% stake) in Powergrid Infrastructure Investment Trust for Rs 66.41 crore at Rs 85.5 per unit. The fund house already owned a 3.94% stake in the infrastructure investment trust as of September 2025.
Further, ICICI Prudential Mutual Fund bought 3.84 crore units (4.22% stake) in the infrastructure investment trust for Rs 328.45 crore at the same price.
However, CPP Investment Board Private Holdings (4) Inc., owned by the Canada Pension Plan Investment Board, exited Powergrid InvIT by selling its entire holding of 9.18 crore units (10.09% stake) for Rs 786 crore at Rs 85.58 per unit.
SME Listing
Neptune Logitek
Stocks Trade Ex-Date for Dividend
Canara Robeco Asset Management Company
Stock Trades Ex-Date for Split
Knowledge Marine & Engineering Works
Stock Trades Ex-Date for Rights
Pulsar International
Stock in F&O ban
Sammaan Capital
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