Indian stock market will see action across multiple sectors on Wednesday, with defence contractors, infrastructure majors, pharmaceutical companies and FMCG players commanding investor attention following a slew of corporate announcements.
Defence sector
Defence stocks could see heightened activity with multiple order wins. Zen Technologies received a Rs 108 crore contract from the Ministry of Defence for tank simulators. ACS Technologies secured a Rs 1,358 crore work order from Mahindra Defence, marking a significant development for the company.
Infrastructure and construction
NCC Limited is likely to be in focus after the company secured a substantial order worth Rs 20.63 billion for the expansion of Gauhati Medical College. The contract significantly bolsters the infrastructure major’s order book.
Patel Engineering announced plans for a Rs 500 crore rights issue. JK Lakshmi Cement disclosed investment plans of Rs 1,816 crore to expand manufacturing operations in Chhattisgarh.
Jayant Infratech received an EPC contract from Konkan Railway. Dhruv Consultancy bagged a Rs 4.5 crore NHAI project in Maharashtra. Jyoti Ltd secured an order worth Rs 407.7 million.
Pharmaceuticals and chemicals
Zydus Lifesciences received final approval from the US Food and Drug Administration for Verapamil Hydrochloride Extended-Release Tablets, opening doors for the American market. Mangalam Drugs and Organics secured a Rs 15.5 crore export order for anti-malarial active pharmaceutical ingredients.
Astal Labs received REACH Compliance Certificate, enabling the company to export specialty chemicals to the European Union.
Real estate and building materials
Nitco recorded Rs 58 crore from real estate operations in H1 FY26 and already has letters of intent from Prestige and Lodha for orders worth Rs 280 crore.
Oil, gas and energy
Indraprastha Gas entered into a joint venture with CEID for biofuel projects, with shareholding split equally at 50 per cent each.
Surya Roshni announced it will install solar power plants at its manufacturing facilities in Kashipur (Uttarakhand) and Malanpur (Madhya Pradesh).
Exide Industries invested Rs 750 million in Exide Energy Solutions for manufacturing battery cells of advanced chemistry.
Banking and financial services
Indian Overseas Bank received a tax refund of Rs 8.35 billion for assessment year 2022-23.
Karur Vysya Bank expanded its network with two new branches in Tamil Nadu and Andhra Pradesh.
Bank of Maharashtra saw the government appoint Prabhat Kiran as Executive Director for three years.
Technology and telecom
HCL Technologies announced a partnership with AWS to transform financial services using artificial intelligence.
NELCO received additional authorisation, namely UL VNO-GMPCS, under its existing unified licence. This will allow the company to sell VSAT services of other UL-GMPCS licensees.
Reliance Industries is in focus after Samsung Electronics Chairman Jay Y. Lee met with Mukesh Ambani in Seoul to discuss expanding cooperation between the two groups.
FMCG and consumer goods
United Breweries launched ‘Heineken Silver’ in New Delhi, effective 25 November 2025.
Shoppers Stop raised investment in its beauty subsidiary GSSBL to Rs 105 crore.
Automobiles and auto components
Mahindra & Mahindra said it plans to set up 250 electric vehicle charging stations, each with 180 kW capacity, by the end of 2027.
Tata Motors Passenger Vehicles is targeting a 20-25 per cent increase in SUV market share with its upcoming Sierra model, according to the company’s managing director.
Titagarh Rail is planning to enter the wagon leasing business as it aims to expand its presence in the private sector by offering long-term lease models, according to a PTI report.
Ask Automotive saw its promoter sell a 4 per cent stake to meet minimum public shareholding norms, reducing promoter holding to 74.95 per cent.
Industrials and manufacturing
LMW Limited signed a non-binding MOU with the Government of Tamil Nadu to avail infrastructural support and regulatory facilitation.
A-1 Limited won a Rs 127.5 crore order for 25,000 MT of industrial urea.
Precision Wires saw CARE Ratings reaffirm credit ratings for the company’s bank facilities.
Media and entertainment
Panorama Studios secured Hindi adaptation rights for ‘Drishyam-3’.
Events and hospitality
Praveg Ltd secured an Rs 9.96 crore contract for the Sardar Patel Unity March.
Corporate restructuring and subsidiaries
Rattanindia Enterprises incorporated a new wholly-owned subsidiary, Neorise Global Trading LLC SOC, in Dubai. The subsidiary will pursue e-commerce activities in the Middle East and Asia.
Refex Industries incorporated Venwind Refex Projects Limited (VRPL) as a step-down subsidiary.
Concord Control Systems approved the issue of 2,38,500 equity shares at Rs 2,100 each via preferential basis.
Inox Green allotted 12.3 lakh shares at Rs 145 each to a non-promoter warrant holder.
Block deals and stake sales
Bharti Airtel shares will be closely watched as the promoter Mittal family is set to offload equity worth Rs 7,193 crore via large deals in the secondary market today, according to media sources.
Vishal Mega Mart’s promoter Kedaara Capital may sell another 13 per cent stake in the company via a block deal at a discount.
Narayana Hrudayalaya saw Shakuntala Shetty sell 11.77 lakh shares at Rs 1,960.07 per share.
Bulk deals and institutional activity
AWL Agri Business saw AustralianSuper acquire 94.86 lakh shares at Rs 274.95 per share.
Elgi Equipments witnessed SBI Mutual Fund purchasing 20.62 lakh shares at Rs 483 per share.
Promoter transactions
TT Ltd saw its promoter buy an additional 0.011 per cent stake on 24-25 November via open market.
Epack Durable’s promoter bought an additional 20,000 shares on 20, 21 and 24 November via open market.
Rights issue
Adani Enterprises has launched subscriptions for its rights issue, offering shares at Rs 1,800 per share.
Corporate actions
HDFC Asset Management Company trades ex-date today for a 1:1 bonus issue.
Power Finance Corporation trades ex-date today for an interim dividend of Rs 3.65 per share.
AK Capital Services has its ex-date tomorrow for an interim dividend of Rs 16 per share.
Credit ratings
IRCON International saw Infomerics Valuation & Rating Limited reaffirm the credit rating for long-term bank facilities of Rs 8,999.98 crore.
Management changes
Protean eGov Technologies announced the resignation of Bertram D’Souza, Executive Vice President.
SIS announced the resignation of Ravindra Kishore Sinha as Chairman and Executive Director due to health reasons.
Rashtriya Chemicals saw the government entrust Nazhat J. Shaikh with additional charge of the CMD post for six months, effective 1 January 2026.
Regulatory and compliance
Waaree Energies said the action by the Income Tax Department is completed today with respect to the intimation dated 18 November 2025.
ASM framework updates
Jet Freight has been included in the Short Term ASM Framework.
Enfuse has been included in the Long Term ASM Framework.
Circuit filter changes
Circuit filter changed from 5 per cent to 20 per cent for Tata Motors Passenger Vehicles and Allcargo.
Ratings watch – negative
Peninsula Land saw its long-term bank facilities of Rs 300 crore downgraded by CARE Ratings from ‘BBB-; Stable’ to ‘BB+; Stable’.
Sayaji Industries faced a rating downgrade for its fixed deposits from ‘BBB-; Negative’ to ‘BB+; Negative’ by CARE Ratings.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice. Stock market investments are subject to market risks. Readers are advised to consult their financial advisors before making any investment decisions. The information provided is based on company announcements and media reports available at the time of publication.
