Stocks To Watch: Reliance Power, ONGC, Aditya Birla Capital, RVNL, PB Fintech, EPACK Durable
Reliance Power Ltd., Oil and Natural Gas Corp. Ltd., and Aditya Birla Capital Ltd. will be the stocks in focus before going into trade on Wednesday.
The Solar Energy Corp. withdrew the order banning Reliance Power from participating in all the future tenders for three years. while ONGC invested over Rs 10,000 crore in arm ONGC Petro Additions (OPaL) by way of subscription of shares on the right basis.
Aditya Birla Capital invested Rs 300 crore in the arm Aditya Birla Housing Finance on a rights basis.
Reliance Power: The Solar Energy Corp. withdrew the order banning the company from participating in all the future tenders for three years. This means the company and its units, except Reliance Nu Bess, are now eligible to participate in all SECI tenders.
ONGC: The company invested over Rs 10,000 crore in its arm ONGC Petro Additions (OPaL) by way of subscription of shares on a right basis.
Aditya Birla Capital: The company invested Rs 300 crore in its arm, Aditya Birla Housing Finance, on a rights basis.
Indian Energy Exchange: The total electricity trade volume in November rose 15.7% year-on-year to 9,689 million units. The Day-Ahead Market (DAM) volume increased 9.8% to 5,651 MU in November from 5,144 MU in the same month last year.
Kaynes Technology: The company acquired a 54% stake in Austria-based Sensonic, which is a provider of Distributed Acoustic Sensing (DAS) solutions to monitor railway infrastructure.
RVNL: The company received an order worth Rs 187 crore from East Central Railway.
EPACK Durable: The company incorporated wholly owned subsidiary EPACK Manufacturing Technologies. It also informed SIIB officials, who initiated a search at the Rajasthan manufacturing facility on Dec. 2, which concluded with the search without seizing any documents or items.
India Glycols: Promoter Kashipur Holdings increased its stake from 38.14% to 50.35%, making it the holding company. Aggregate shareholding of promoter and promoter group remains at 61.01%.
PB Fintech: The company incorporated PB Healthcare to carry on healthcare services business.
Quess Corp: The company will acquire the catering business of Archer Integrated Services and Astrin Traders and Supplies for Rs 11 crore.
Stock Going Into Ex-Trade
Can Fin Homes will announce an ex-record interim dividend on Wednesday.
Research Reports
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Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
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High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
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Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
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Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
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India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
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France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
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You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
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Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
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FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
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Everything, Everywhere, All At Once: Dalal Street's Week To Forget | Joining The Dots
Visa curbs, a Starlink spat and cancer drug caps: what connects this week's shocks for Indian markets
