Stocks

Shares of ITC extended their decline in early trade, falling over 4 percent for the second straight session as selling pressure persisted across tobacco stocks amid the upcoming tax changes on tobacco and pan masala products.ITC Stock Remains Under Selling Pressure ITC was trading at ₹349.20, down ₹14.65 or 4.03 percent from its previous close of ₹363.85. The stock opened lower at ₹360.00 and slipped further during early trade, touching an intraday low of ₹346.05. The session high was capped at ₹360.00, indicating limited buying interest after the weak opening.The volume-weighted average price stood at ₹350.83, showing that the stock largely traded below its previous closing level during the session.Order Book Signals Dominant...

Gurugram, January 2, 2026: Shares of K2 Infragen Limited surged sharply in early trade on Friday, with the stock rising nearly 10% as investors reacted positively to a major order win and strong buying interest.The stock opened at ₹75.55 and was trading at the same level in early deals, marking a gain of ₹6.85 or 9.97% over the previous close of ₹68.70. The counter remained locked at its intraday high, reflecting sustained demand from buyers.Order win strengthens growth visibility The rally in the stock follows the company’s announcement of securing a ₹262 crore project from Indian Railways through its joint venture, where K2 Infragen is the lead and majority partner. The project involves design, supply, erection, testing, and...

Shares of cigarette and tobacco product makers came under sharp pressure in Thursday morning trade after fresh levies on tobacco products and pan masala were announced, triggering heavy selling across the sector.Sharp Decline in Key Tobacco Stocks The stock of Godfrey Phillips India plunged 10 percent, while ITC slipped 6.11 percent on the BSE, reflecting investor concerns over the impact of higher taxation on demand and margins.New Levies to Take Effect From February 1 The newly announced charges will come into force from February 1 and will apply in addition to the existing Goods and Services Tax framework. These levies are set to replace the compensation cess currently applicable on tobacco products and other sin goods.From the...

Chandigarh, January 1, 2026 – Nectar Lifesciences Limited (NECLIFE) witnessed a sharp pickup in participation in its ongoing share buyback, with the issue subscribed 0.33 times as of 12:30 p.m. on January 1, 2026, driven largely by strong interest from individual investors. The company is undertaking a fixed-price buyback of up to 3 crore equity shares at an offer price of ₹27 per share, with the buyback window open from December 31, 2025 to January 6, 2026. Buyback OverviewParticularsDetailsCompanyNectar Lifesciences LimitedSymbolNECLIFESeriesBBOffer TypeBuybackIssue TypeFixed PriceOffer Price₹27 per equity shareFace Value₹1Issue SizeUp to 3,00,00,000 equity sharesOffer PeriodDecember 31, 2025 – January 6...

Mumbai, January 1, 2026: Blue Dart Express Limited (NSE: BLUEDART) shares surged sharply in early trade on Thursday, rising nearly 9 percent, as investor sentiment strengthened following improved visibility on the company’s tax-related exposure linked to its aviation subsidiary. The stock was trading at ₹5,998.50, up ₹477.50 or 8.65 percent, placing it among the top gainers in today’s session. The rally came amid strong buying interest, with the price moving above the ₹6,000 mark intraday and volumes remaining supportive through the morning. What Is Driving the Stock Today Market participants appeared to react positively to the outcome of a long-pending indirect tax matter involving Blue Dart Aviation Limited, a wholly owned subsidiary...

Mumbai, January 1, 2026: KSR Footwear Limited shares were in strong focus on Thursday, rallying over 10% in early trade as the microcap counter witnessed aggressive buying interest, extending momentum after bulk deal activity in the previous session. The stock was trading at ₹20, up ₹1.94 or 10.74%, compared with its previous close of ₹18.06. KSR Footwear featured among the top gainers of the day, supported by sustained demand in the pre-open and early market sessions. Bulk Deal Activity Sets the Tone Trading sentiment in the stock remained buoyant following notable bulk transactions executed on December 31, 2025. A large investor accumulation at lower levels appeared to support today’s sharp move. Bulk Deal SummaryTypeDateClient...

Raipur, December 31, 2025: Godawari Power and Ispat Limited (BSE: 532734, NSE: GPIL) on Wednesday informed stock exchanges that it will not be required to subscribe to any shares in the proposed rights issue of Deccan Gold Mines Ltd, after the issue was fully oversubscribed. Rights Issue Update The company stated that it had earlier communicated its intention to act as a specific investor in the proposed rights issue of Deccan Gold Mines Ltd. However, following the completion of the issue process, the rights offer received subscriptions in excess of the issue size. As a result of the oversubscription, Godawari Power and Ispat Limited will not be allotted or required to subscribe to any equity shares under the said rights issue. The...

Ahmedabad, December 31, 2025: Kiri Industries Limited (BSE: 532967 | NSE: KIRIINDUS) has completed the en bloc sale of its entire 37.57 percent equity stake in DyStar, following the receipt of the full consideration amounting to USD 689,034,072.68. With the remittance completed on December 31, the related Share Purchase Agreement and Share Buy-Back Agreement now stand fully discharged by performance. Transaction Completion and Cash Receipt The company confirmed that the entire consideration for the sale of its DyStar holding has been remitted by the purchaser, Zhejiang Longsheng Group Co. Ltd. The transaction was executed as part of a court-directed en bloc sale process and involved Kiri Industries along with court-appointed joint and...

Mumbai, December 31, 2025 – Waaree Renewable Technologies Limited (NSE: WAAREERTL | BSE: 534618) was trading higher on Wednesday after the company announced the receipt of a significant engineering, procurement and construction order for a ground-mounted solar power project.The stock was trading at ₹968.60, up ₹20 or 2.11%, as of 2:04 PM IST, compared with the previous close of ₹948.60. During the session, the stock touched an intraday high of ₹979 and a low of ₹949.Order Details: 28.60 MWac Solar Project The company has received a Letter of Award for the execution of an EPC contract for a 28.60 MWac / 39.80 MWp ground-mounted solar power project on a turnkey basis. The order has been awarded by a domestic private entity and carries...

Mumbai, December 31, 2025 Sumit Woods Limited (NSE: SUMIT) announced the signing of a development agreement for a super-premium residential redevelopment project in Mahim, Mumbai, marking a significant addition to its redevelopment portfolio. The announcement coincided with sharp buying interest in the company’s equity shares during Tuesday’s trading session. Project Details and Scope The redevelopment project will be executed through Sumit Hills Private Limited, a wholly owned subsidiary of Sumit Woods Limited. The project involves the redevelopment of Nav Vidya Laxmi CHSL, located at Lt. P. N. Kotnis Path near RBI Quarters, Mahim, Mumbai. The development is a composite project along with Brothers CHSL (Bhatia Building). The proposed...

Mumbai, December 31, 2025 (Wednesday) Bodhi Tree Multimedia Limited (NSE: BTML, BSE: 543767) on Wednesday announced that its Board of Directors has approved the acquisition of a controlling 50.01 percent equity stake in Moving Image Studios Private Limited, marking a strategic expansion in the media and entertainment segment. Transaction Overview The board, which met on December 31, 2025, approved the execution of a Share Purchase and Share Subscription Agreement for the proposed transaction. With this acquisition, Bodhi Tree Multimedia will gain management control over Moving Image Studios Private Limited, and the target entity’s financials will be consolidated into the company’s accounts. The meeting commenced at 12:00 pm IST and...

Mumbai, December 31, 2025 Mahindra Logistics Limited (NSE: MAHLOG | BSE: 540768) has received a tax order imposing a GST demand of ₹22.40 crore along with an equivalent penalty of ₹22.40 crore, relating to assessments for six financial years from FY2018-19 to FY2023-24. Details of the Order The order has been issued by the Additional Commissioner, GST and Central Excise, Mumbai East Commissionerate. It pertains to services that were tagged by certain vendors under the Reverse Charge Mechanism instead of being treated as exempt services while filing GSTR-1 returns for the relevant periods. This resulted in an alleged GST demand on the company, along with the levy of penalties. The order is dated December 24, 2025 and was received by the...

Mumbai, December 31, 2025: Jubilant Pharmova Limited (NSE: JUBLPHARMA | BSE: 530019) has informed stock exchanges that it has received an income tax demand order amounting to ₹22.10 crore for the financial year 2020. The company has stated that it is taking corrective and appellate steps and does not expect any material financial impact from the order. Details of the Tax Demand According to the disclosure, Jubilant Pharmova received an order dated December 27, 2025, from the Income Tax Department, DCIT/ACIT (Central), Moradabad. The order was received by the company on December 30, 2025, at 4:23 PM IST. The tax demand raised stands at ₹22.10 crore. The demand primarily arises from arithmetical errors and mistakes apparent from records...

Ahmedabad, December 31, 2025: Mazda Limited (NSE: MAZDA | BSE: 523792) shares traded sharply higher on Wednesday, extending intraday gains of nearly 5 percent, after the company confirmed receipt of a sizeable domestic order valued at Rs 28.75 crore, excluding taxes. At 12:58 PM IST, Mazda Limited was trading at Rs 223.09 on the NSE, up Rs 9.96 or 4.67 percent from the previous close of Rs 213.13. The stock moved in a range of Rs 214.65 to Rs 225.00 during the session, reflecting strong buying interest following the order announcement. Rs 28.75 Crore Order Strengthens Industrial Equipment Pipeline Mazda Limited has secured an order from a domestic waste management company for the manufacture and supply of a Multi Effect Evaporator...

Mumbai, December 31, 2025 Waaree Energies Limited (BSE: 544277 | NSE: WAAREEENER) announced that it has received a major order for the supply of 1,500 MW of solar modules, reinforcing its order book visibility for the coming financial year.Order Details and Scope The company confirmed that the order was received on December 30, 2025, and covers the supply of 1,000 MW of DCR solar modules along with 500 MW of Non-DCR solar modules. The modules are scheduled to be supplied during FY 2026-27.The order has been awarded by a domestic customer engaged in the business of power generation, transmission, and distribution. The supply is structured as a one-time contract, focused exclusively on solar module delivery.Commercial and Execution...

Hyderabad, December 31, 2025: Palred Technologies Limited (NSE: PALREDTEC, BSE: 532521) shares were trading higher on Wednesday, rising over 3 percent in intraday trade after the company announced an expansion of its consumer electronics portfolio through its brand pTron. At around 12:49 pm IST, the stock was trading at Rs 42.01, up Rs 1.26 or 3.09 percent from the previous close of Rs 40.75. During the session, the scrip moved between an intraday low of Rs 41.00 and a high of Rs 42.75. pTron Expands Product Portfolio Palred Technologies informed the exchanges that its consumer electronics brand pTron has entered the automotive accessories segment as part of its portfolio expansion strategy. The company has launched a new range of...

Mumbai, December 31, 2025 Wockhardt Limited (NSE: WOCKPHARMA, BSE: 532300) shares were trading higher on Wednesday after the company announced that the European Medicines Agency has granted Accelerated Assessment status to its novel antibiotic candidate WCK 5222.At around 12:44 PM IST, Wockhardt shares were trading at ₹1,427, up ₹52.80 or 3.84 percent from the previous close, with the stock moving between an intraday high of ₹1,438.80 and a low of ₹1,373.00.EMA Grants Accelerated Assessment to WCK 5222 Wockhardt informed exchanges that the European Medicines Agency has confirmed WCK 5222 as eligible for Accelerated Assessment following a pre-submission meeting with the EMA review team .WCK 5222 is a combination of Zidebactam 1g...

Pune, December 31, 2025 Bharat Forge Limited (NSE: BHARATFORG | BSE: 500493) has signed a major defence supply contract valued at Rs 1,661.9 crore for the manufacture and delivery of Close Quarter Battle (CQB) Carbines to the Indian Army, strengthening its position in India’s indigenous defence manufacturing ecosystem. Contract Details and Scope Under the agreement, Bharat Forge will supply 255,128 indigenously designed and developed CQB Carbines (5.56 x 45 mm). The contract was signed on December 30, 2025, with execution scheduled over a five-year period. The order has been awarded by the Ministry of Defence, Government of India, and pertains exclusively to domestic supply. Given the nature of the counterparty, the commercial terms of...

Nagpur, December 31, 2025 (Wednesday) – Solar Industries India Limited (NSE: SOLARINDS) was trading higher in Wednesday’s session after the company announced the receipt of a significant additional order from Coal India Limited, strengthening its already robust order pipeline. The stock was trading at ₹12,259, up ₹231 or 1.92%, during intraday trade, after touching a high of ₹12,366. The move came amid active buying interest following the company’s latest order update. Order Details: Coal India Expansion Adds ₹1,746 Crore Solar Industries India Limited has received an additional order aggregating to ₹1,746 crore from Coal India Limited, awarded for and on behalf of its subsidiaries. The order is for the supply of bulk explosives, with...

Mumbai, December 31, 2025 S Chand and Company Limited (NSE: SCHAND) shares traded higher in Wednesday’s session after the company informed exchanges about the receipt of an income tax refund order amounting to ₹15.67 crore, including interest, for the assessment year 2018–19.At around 12:33 PM IST, the stock was trading at ₹159.25, up ₹5.28 or 3.43%, compared with the previous close of ₹153.97. The scrip opened at ₹153.69, touched an intraday high of ₹159.52 and a low of ₹153.00 during the session. The volume-weighted average price stood at ₹157.32.Income Tax Refund Details In its disclosure dated December 31, 2025, S Chand and Company stated that it has received a refund order from the Income Tax Department following the filing of...