Stocks To Watch: Paytm, HG Infra, Aurobindo Pharma, RIL, Lupin

One 97 Communications Ltd., HG Infra Engineering Ltd., Aurobindo Pharma Ltd., Reliance Industries Ltd. and Lupin Ltd. will be the stocks to watch before going into trade on Monday.

Paytm undertook the sale of a 5.4% stake, which aggregates to Rs 2,300 crore, which it held in Japan's digital payments company PayPay Corp. HG Infra Engineering Ltd.'s wholly owned subsidiary bagged an order worth Rs 862 crore from the National Highways Authority of India.

• One 97 Communications: Paytm undertook the sale of a 5.4% stake, which aggregates to Rs 2,300 crore, which it held in Japan's digital payments company PayPay Corp. The company said the stake would be sold to investor SoftBank for Rs 2,364 crore.

• 360 One WAM: The firm's wholly owned subsidiary, 360 One Alternates Asset Management, completed the acquisition of shares of Maple Infra InvIT Investment Manager, which manages and operates over 1,200 lane kilometres of road infrastructure in the country.

• HG Infra Engineering: The firm's subsidiary bagged an order worth Rs 862 crore from the NHAI for constructing a four-lane access-controlled highway from the Tamil Nadu-Andhra Pradesh border to Puttur on NH-716 and a six-lane highway from Mallavaram to Renigunta on NH-71 in Andhra Pradesh. The work is to be completed in 24 months.

• Lupin: The firm has acquired trademarks of three anti-diabetes medications from the German pharmaceutical company Boehringer Ingelheim. The acquired trademarks, Gibtulio, Gibtulio Met, and Ajaduo are expected to expand Lupin's diabetes treatment portfolio in India. Lupin will have the rights of the trademark transferred by March, next year.

• Jaiprakash Power Ventures: The Andhra Pradesh High Court has granted a stay on penalties totaling Rs 1,334 crore imposed on Jaiprakash Power Ventures Ltd. by the Department of Mines and Geology. The penalties were related to allegations of illegal sand extraction, storage, transportation, and sale.

• Bharat Forge: The firm's board sanctioned additional investment in Kalyani Powertrain through a right issue. The firm reported that it would make an investment of Rs 22.3 crore in Italian underwater drone-maker Edgelab for a 25% stake via a wholly owned subsidiary.

• RIL: The firm acquired a 74% stake in Navi Mumbai IIA for Rs 1,628 crore.

• Infosys: The firm is set to invest in '4baseCare', a healthcare and life sciences startup, as a part of Infosys Innovation Fund.

• Aurobindo Pharma: The company's arm, CuraTeQ Biologics, received a recommendation of granting market authorisation for Zefylti (BP13, a filgrastim biosimilar) by the committee for medicinal products for human use within the European Medicines Agency.

• Nazara Technologies: Nodwin Gaming Pvt., a Nazara Technologies arm, acquired Trinity Gaming India Pvt. for Rs 24 crore. Nodwin now owns 100% of the equity share capital of Trinity, due to the acquisition making it a wholly owned subsidiary of Nodwin and a step-down subsidiary of Nazara.

• Sky Gold will have an ex-record bonus issue of 9:1 on Dec. 16.

• PC Jeweller will have an ex-record stock split in 1:10 ratio on Dec 16.