Indian Bank struggled for the second day in a row after the company completed its institutional offering. Inox India, DOMS International, and India Shelter Finance advanced after listing their shares.
Deepak Nitrite struck a long-term chemical supply deal with Petronet LNG. RVNL won a contract to build a train station in Kochi. DOMS Industries soared on the first day of its trading.
Devyani International acquired its first group of fast food restaurants in Thailand. PNC Infratech won a highway construction order. Vakrangee acquired a stake in Vortex Engineering.
Ambuja Cements plans to ramp up its renewable power production over the next three years. IRB Infrastructure won an order from the NHAI. Zee Entertainment sought to extend its merger deadline with Sony India.
Three private equity firms lowered their stakes in Mankind Pharma. SRF said it has completed the commissioning of two of the four planned plants. KIOCL halted production at its Mangalore plant.
Rail Vikas Nigam won an order to build metro rail in Madhya Pradesh. BLS International won a contract to provide visa and passport processing services. Sun Pharma lifted its offer price for the U.S. subsidiary.
Sugar stocks headed lower after the central government banned the use of sugarcane juice for the making of ethanol, reflecting a weak crop production outlook. Concor and NTPC signed an agreement to build solar plants at Concor's terminals.
Adani Ports is in advanced talks to acquire ports in Odisha. Axiscades acquired the Hyderabad-based engineering services company Epcogen. Warburg Pincus is trimming its stakes in Bharti Airtel and IDFC First Bank.
Patanjali Foods traded at a new high after the company reiterated its focus on increasing sales of food products. SBC Exports announced a stock bonus issue. Hindustan Zinc announced a second interim dividend.
JSW Infrastructure acquired a controlling stake in a maritime maintenance company owned by Shapoorji Pallonji Group. Gulshan Polyols won an order to supply ethanol.
Tata Power won a transmission project between Bikaner and Neemrana. Adani Ports reported a surge in cargo volume in November. Salasar Techno was awarded a contract by Tamil Nadu Generation and Distribution.
Bajaj Auto reported a surge in domestic two-wheeler sales, and Mahindra & Mahindra vehicle sales advanced on strong demand for utility vehicles. ITD Cementation won a hydropower plant civil construction project in Andhra Pradesh.
On the opening day of trading, Tata Technologies and Gandhar Oil saw strong gains, while investors showed only mediocre interest in Fedbank Financial's IPO.
PBCL's board approved the purchase of Pune-based Aquapharm Chemicals. Aster DM Healthcare separated its Middle East operations in a deal with a private equity group. TCS set the stock buyback date.
