The market is set for an active session today as several companies announced major developments ranging from global expansions and fresh investments to new partnerships, acquisitions, and order wins. These updates are expected to influence stock movement through the day.
Asian Paints
Asian Paints will be tracked after its step-down subsidiary announced plans to establish a second paint manufacturing facility in the UAE. The proposed investment stands at around ₹340 crore.
Mahindra & Mahindra (M&M)
M&M introduced the BE.6 Formula E Edition electric SUV, with prices starting at ₹23.69 lakh. The launch strengthens its EV portfolio.
Wipro
Wipro entered a strategic partnership with the Indian Institute of Science (IISc) and FSID to collaborate on frontier technologies, including agentic AI, embodied AI, and quantum-safe solutions.
Havells India
Havells will acquire a 26% stake in Kundan Solar for ₹5.63 crore as the company expands its presence in the renewable and solar ecosystem.
Oberoi Realty
Oberoi Realty signed an agreement to redevelop a 1.2-acre land parcel on Mumbai’s Nepean Sea Road—one of the city’s most premium micro-markets.
Paytm
Paytm’s subsidiary, Paytm Payments Services Ltd (PPSL), has received the RBI’s Certificate of Authorisation to operate as a payment aggregator.
Pidilite Industries
Pidilite’s subsidiary has invested in MagicDecor to scale its offerings in the premium home décor segment.
LG Balakrishnan & Bros
The company signed an MoU with the Tamil Nadu government for infrastructure support and incentives to aid future projects.
India Glycols
India Glycols plans to raise ₹467 crore through a preferential allotment of 51 lakh shares.
Patel Engineering
Patel Engineering secured orders worth ₹798 crore related to a coal project in Chhattisgarh.
J&K Bank
The board has approved a fundraise of up to ₹1,250 crore via a qualified institutional placement (QIP) and Tier-2 bonds.
Brigade Enterprises
Brigade Enterprises signed a 90-year lease for a 4.86-acre land parcel in Thiruvananthapuram, Kerala, for a new development project.
Salasar Techno Engineering
Salasar received two large contracts from RVNL, together valued at ₹695 crore.
Studds Accessories
Studds reported an 18% rise in profit, with margins improving to 19.2% from 18.1% year-on-year.
The Leela Palaces, Hotels and Resorts
The hospitality group has made an investment in Sofitel The Palm FZE, the entity that owns beachfront hospitality assets in Dubai.
Whirlpool of India
Whirlpool will be in focus after its promoter indicated plans to sell a 7.5% stake. The floor price is set at a 14% discount to the current market price.
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