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 company has entered into a Memorandum of Understanding (MoU) with Baidyanath LNG for the adoption of LNG-powered transportation solutions across key industrial sectors, including steel and metals, FMCG, cement, and other high-volume logistics segments.
The Board of Lenskart Solutions Pte (Singapore), the wholly owned subsidiary of Lenskart Solutions, has approved an investment of KRW 3 billion (approximately Rs 18.6 crore) for the acquisition of a 29.24% stake in Korea-based startup iiNeer Corp. iiNeer develops technology-enabled eye-testing and lens-cutting equipment.
Milind Torawane, IAS, has resigned as Managing Director (MD) of the company with effect from December 24, consequent to his appointment as Principal Secretary to the Government, Education Department (Primary & Secondary Education).
The Gujarat Government has appointed Avantika Singh Aulakh, IAS, as the Managing Director of Gujarat Gas.
The company has executed Share Purchase Agreements (SPAs) with Indus Infra Trust for the sale of its 100% shareholding (including sub-debt) in four special purpose vehicles (SPVs) — KNR Palani Infra, KNR Ramagiri Infra, KNR Guruvayur Infra, and KNR Ramanattukara Infra.
The company is expected to invest Rs 566.83 crore (in the form of equity and sub-debt) in the SPVs, against which it is expected to receive Rs 1,543.19 crore. This includes Rs 1,398.65 crore towards sale consideration and Rs 144.54 crore as estimated cash surplus, which will be upstreamed to the company in an agreed manner through this transaction.
The company has commissioned the second and final part of 13 MW out of the 23 MW capacity of the Solapur Solar PV project at NTPC Solapur, Maharashtra.
With this, the total installed and commercial capacity of NTPC on a standalone and group basis now stands at 60,796 MW and 85,623 MW, respectively.
The telecom operator has received an order from the Deputy Commissioner of State Tax, Mumbai, confirming a penalty of Rs 79.56 crore, alleging additional licence fee and spectrum usage charges for FY19.
The company has received incentives amounting to Rs 366.78 crore under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme) for claims pertaining to FY25.
The company has received a contract worth Rs 459.2 crore from NTPC Renewable Energy for EPC of a 400 MW AC solar project on a balance-of-system basis at Chitrakoot-1 in Uttar Pradesh.
Its vessel, SEAMEC III, has sailed for the commencement of the second part of the Pipeline Replacement Project – Group A (PRP-VIII A) and the DSF II project with effect from December 25.
The company has raised Rs 350 crore from a group of marquee investors through a qualified institutional placement (QIP) issue by allotting 22,80,130 equity shares at Rs 1,535 per share.
Investors who participated in the issue include Valiant Partners, 360 ONE, Prashant Jain-led 3P Investment Managers, White Oak Capital, Sanshi Fund-I, and Turnaround Opportunities Fund, among others.
The company announced the commissioning of additional cement capacity at its Maharashtra and Rajasthan units, leading to an increase in production capacity of 1.8 mtpa.
As a result, its total domestic grey cement manufacturing capacity stands at 188.66 mtpa. Along with its overseas capacity of 5.4 mtpa, the company’s global capacity stands at 194.06 mtpa.
The United States Food and Drug Administration (USFDA) conducted a routine current Good Manufacturing Practices (cGMP) inspection at the formulations facility of the company’s subsidiary, Strides Pharma Inc, in the US from December 17 to December 23.
Following the inspection, the USFDA issued a Form 483 with four observations. These observations are procedural in nature, and the company does not anticipate any impact on the supply of its commercial products.
The company has received an amendment to the Letter of Award from UNICEF for the supply of its WHO pre-qualified fully liquid pentavalent vaccine, Easyfive-TT, during calendar years 2023–2027. The original Letter of Award from UNICEF was received on October 10, 2022.
Motion JVCo, together with Stonepeak Motion Holdco, Stonepeak Infrastructure Fund V Cayman (AIV I) LP, Stonepeak Infrastructure Fund V (Lux) (AIV I) SCSp, and CPP Investment Board Private Holdings (6) Inc, has announced an open offer to acquire a 26% stake in Castrol India.
The acquirers will purchase up to 25.71 crore equity shares (26% stake) in Castrol India at Rs 194.04 per share.
The bank has received a letter on December 23 from the Serious Fraud Investigation Office (SFIO) regarding an investigation into the affairs of IndusInd Bank, seeking relevant information.
The bank continues to extend full cooperation and support to law enforcement agencies.
The company has received a Letter of Acceptance (LoA) from Bharat Petroleum Corporation (BPCL) for a repeat order to supply approximately 2 lakh units of 10.0 kg composite LPG cylinders. The total supply is expected to be valued at around Rs 54 crore.
The company has been declared the ‘preferred bidder’ for the mining lease of the Kishanpura Limestone Block in Nagaur, Rajasthan. The limestone block spans an area of 483 hectares and has G3-level exploration.
The company has signed a Memorandum of Understanding (MoU) with the Board of Mumbai Port Authority for the development of the CGO Complex on 25 acres of Mumbai Port land as deposit work on a turnkey basis. NBCC will serve as the project management consultant for the said works.
Bulk Deals
SBI Mutual Fund has bought 5.12 crore equity shares (equivalent to 5.8% of paid-up equity) in Belrise for Rs 788.3 crore, while BlackRock Global Investment Series – Global Equity Income Portfolio picked up an additional 70.5 lakh shares (0.79% stake) for Rs 108.37 crore at Rs 153.7 per share.
However, promoter entity Sumedh Tools was the seller in this deal, offloading its entire 5.83 crore shares (6.5% stake) for Rs 896.7 crore at the same price. Total promoter shareholding in the company as of September 2025 stood at 73.01%.
Amansa Investments sold 76 lakh shares in Restaurant Brands Asia at Rs 64.29 per share and 66.3 lakh shares at Rs 64.1 per share, amounting to Rs 91.37 crore.
As of September 2025, Amansa Investments held a 4.85% stake, while Amansa Holdings held a 2.45% stake in Restaurant Brands Asia.
Pico Capital has acquired 34.6 lakh units (equivalent to 1.25% of outstanding units) in Capital Infra Trust for Rs 25.27 crore at Rs 73.05 per unit from Neo Treasury Plus Fund.
Stock Trades Ex-Date for Bonus
Ram Ratna Wires
Stock Trades Ex-Date for Spin Off
DCM Shriram Industries
Stock Trades Ex-Date for Rights
Hilton Metal Forging
Stock Trades Ex-Date for Split
Nuvama Wealth Management
Stock in F&O ban
Sammaan Capital
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