Here's a quick rundown of today's key stock market news, covering new deals, orders, leadership changes and major share transactions.
Stocks to Watch
Lupin
Lupin signed an exclusive license, supply and distribution agreement with Gan & Lee Pharmaceuticals of China for Bofanglutide, a new weekly GLP‑1 drug used to treat type‑2 diabetes and help with weight loss.
Rail Vikas Nigam
The firm won the lowest bid for a Rs 201.23 crore order from East Coast Railway to set up a wagon‑maintenance workshop for 200 wagons at Kantabanji.
Bharat Electronics
Since Dec 12, it received extra orders worth Rs 569 crore for radars, tank overhauls, communication gear, fire‑control systems, simulators, antenna stabilisers, security software and spare parts.
Indian Overseas Bank
The RBI approved the bank to start an IFSC Banking Unit in GIFT City, Gujarat.
Waaree Energies
CEO Amit Paithankar resigned effective May 15 2026. Jignesh Rathod, currently Director‑Operations, will become CEO on May 16 2026. The subsidiary Waaree Power also began operations at two new solar‑inverter factories in Gujarat, together capable of 3.05 GW per year.
Gujarat Narmada Valley Fertilizers & Chemicals
Managing Director T Natarajan resigned on Dec 29 following a Gujarat government order. The government appointed IAS officer Rajkumar Beniwal as the new MD.
Lloyds Engineering Works
The board approved merging Lloyds Infrastructure & Construction, Metalfab Hightech and Techno Industries into Lloyds Engineering Works.
Grasim Industries
A composite scheme of arrangement was approved involving Aditya Birla Renewables, Essel Mining, Electrotherm Renewables and several related entities and their lenders.
Gulf Oil Lubricants India
It launched Gulf Syntrac, a fully synthetic premium motorcycle engine oil.
Timex Group India
The promoter exercised its right to buy an additional 4.47 % stake (45.09 lakh shares) in the company, bringing its total purchase to 4.47 %.
Afcons Infrastructure
The firm completed the first tunnel breakthrough for CIDCO’s Hetawane water‑supply project in Navi Mumbai and expects to finish six months early.
Cupid
The board gave in‑principle approval to set up a new FMCG plant in Saudi Arabia, marking the company’s first overseas manufacturing unit.
NTPC Green Energy
It started commercial operations of a 13.98 MW unit at the Khavda‑I solar park, raising its total operating capacity to 7,996.30 MW and the group’s overall capacity to 8,010.28 MW.
Bulk Deals
- Nazara Technologies: SBI Mutual Fund sold about 90 lakh shares (2.4 % stake) for over Rs 216 crore.
- Entero Healthcare Solutions: Smallcap World Fund sold 22.69 lakh shares (5.2 % stake) for Rs 215.6 crore; ICICI Prudential bought 21.82 lakh shares (5.01 % stake) for Rs 207.29 crore.
- Honasa Consumer: Founder Varun Alagh bought 18.51 lakh shares (0.56 % stake) for nearly Rs 50 crore.
- Mangalam Drugs and Organics: Vijay Kedia’s Kedia Securities bought 1.37 lakh shares (0.87 % stake) for Rs 33.27 lakh.
- BirlaNu: Promoter Birla Chandrakant acquired 29.28 lakh shares (38.83 % stake) for Rs 444.3 crore and later bought 79,666 shares for Rs 12.5 crore.
Mainboard Listings
- Gujarat Kidney & Super Speciality – SME Listing
- Shyam Dhani Industries
- Sundrex Oil Company
- Dachepalli Publishers
- EPW India
Disclaimer
Remember, this is just a summary of recent developments, not a recommendation. Do your own research and consider your risk tolerance before making any investment decisions.