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:
Jaiprakash Associates, Mangalam Drugs & Organics, Bharat Global Developers, Dynemic Products, Goyal Associates, and Victoria Enterprises will release quarterly earnings on November 20.
Stocks to Watch
The company has received an order worth Rs 2,966.1 crore from the Nagpur Metropolitan Region Development Authority for project management consultancy for the development of Naveen Nagpur under NMRDA – Phase 1.
Adani Enterprises, Jaiprakash Associates
The Committee of Creditors (CoC) of Jaiprakash Associates, a company undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, has approved the Resolution Plan submitted by Adani Enterprises.
Adani Enterprises has received a Letter of Intent (LOI) from the Resolution Professional on November 19 for the acquisition of Jaiprakash Associates.
JK Tornel, S.A. de C.V., a subsidiary of the company, has agreed to sell 40 lakh equity shares of subsidiary Cavendish Industries to SMMS Trust for Rs 130.64 crore.
Cavendish Industries will continue to remain a subsidiary of the company despite the sale of these shares by JK Tornel.
Chintan Thakkar will cease to be the Whole-time Director and Chief Financial Officer of the company’s Board of Directors, effective November 19.
Ambarish Raghuvanshi will take over as the Interim Chief Financial Officer effective November 20, until the appointment of a new CFO.
Medi Assist Healthcare Services
Paramount Health Services & Insurance TPA, a material step-down wholly owned subsidiary of the company, has reported a cyber-security incident affecting some of its systems and services. The incident was restricted to Paramount TPA’s systems and services, and the company along with its other subsidiaries remain unaffected.
All affected infrastructure and systems have been restored, and business operations have resumed as usual. Relevant authorities have been notified, and the company’s management is closely monitoring the situation.
CG Power and Industrial Solutions
The company has received a tax demand notice worth Rs 365 crore from the Income Tax Department for Assessment Year 2018–19.
The final assessment order includes various disallowances and additions, resulting in a tax demand of Rs 365.37 crore.
The company is in the process of filing an appeal against these disallowances/additions.
The company has invested Rs 124.95 crore in its subsidiary Godawari New Energy for capex and working capital requirements for setting up a battery energy storage system plant with an initial capacity of 10 GWh.
The subsidiary has allotted 12,49,50,000 0.1% non-cumulative, optionally convertible, redeemable preference shares of Rs 10 each at par against this investment on a rights basis.
The Board of Directors has approved the constitution of a Board of Management (BOM), comprising the CEO, Key Managerial Personnel, and senior business leaders of the company, to enable stronger governance, sharper oversight mechanisms, and a more agile and future-ready organisation.
Mahindra Holidays & Resorts India
The company has entered the ‘leisure hospitality’ business segment, which will be carried out through its subsidiary—Mahindra Hotels and Residences India—under the brand Mahindra Signature Resorts.
The company aims to scale this brand to 2,000 keys by FY30.
The Board has allotted 83,34,091 equity shares (0.55% of paid-up equity) at Rs 42.32 per share on a preferential basis under the non-promoter category to aircraft lessor GASL Aviation Holdings, after conversion of its outstanding dues amounting to $4 million.
The company’s subsidiary Huron Graffenstanden SAS has commenced a new production facility at its existing premises in France.
The company has signed a Memorandum of Understanding (MoU) with The Singareni Collieries Company for the development of renewable energy projects.
The company has entered into a strategic alliance with Miraj Cinemas, the country’s third-largest cinema exhibition chain, securing exclusive advertising rights across Miraj Cinemas’ network of 239 screens.
With this collaboration, UFO Moviez’s total cinema advertising network will expand to more than 4,000 screens.
GlaxoSmithKline Pharmaceuticals
Juby Chandy will take over as Vice President, Finance for the Asia Pacific (APAC) region at GSK, effective December 2025. Juby will provide strategic leadership to the finance functions across APAC markets and will continue as Chief Financial Officer until a successor is appointed.
Nilesh Bandale has resigned as Chief Financial Officer of the company, effective November 19.
Bulk Deals
Goldman Sachs FDS Goldman Sachs India EQ Portfolio has purchased 21.82 lakh shares (0.54% of paid-up equity) in Tenneco Clean Air India at Rs 508.21 per share, amounting to Rs 110.94 crore.
360 ONE Special Opportunities Fund – Series 7, which held a 3.61% stake as of September 2025, has sold 88,000 shares (0.67% stake) at Rs 696.92 per share for Rs 6.1 crore.
Block Deals
Promoter entity Living Media India has acquired 23.86 lakh shares (4% stake) in TV Today Network at Rs 141.2 per share for Rs 33.7 crore from HDFC Mutual Fund.
HDFC Mutual Fund had held a 7.83% stake in the company as of September 2025.
Kadensa Master Fund, owned by Hong Kong–based Kadensa Capital, has acquired 59,584 shares (0.04% stake) in the healthcare company at Rs 7,312 per share for Rs 43.56 crore from BofA Securities Europe SA.
Mainboard Listing
Fujiyama Power Systems
Stocks Trade Ex-Dividend
Sun TV Network
Container Corporation of India
Natco Pharma
Catvision
CFF Fluid Control
POCL Enterprises
Sayaji Hotels (Indore)
Talbros Automotive Components
Stock Trades Ex-Date for Rights
ACE Software Exports
Jainex Aamcol
Stock Trades Ex-Date for Resolution Plan -Suspension
Lords Mark India
Stocks in F&O ban
SAIL
Sammaan Capital
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.
