MARKETS

Stocks in Focus: Adani Enterprises, Hindustan Unilever, and Others

Stocks in Focus: RailTel Corp, Reliance Industries, and Others - EP
Picture Source: Internet

The GIFT Nifty futures, which are an early indicator of the Nifty50 index stocks, were trading higher by 89 points at 26,166, indicating that the domestic benchmark indices are likely to make a positive start on Monday. 

Earlier on Friday, 21 November, the Domestic benchmark indices S&P BSE Sensex slumped by 400 points or 0.47%, and settled at 85,232, while the Nifty50 traded 0.47% higher or 124 points, closing at 26,068.

Here are some stocks that are likely to remain in focus on 24 November.

Adani Enterprises: Adani Enterprises said its joint venture AdaniConneX has acquired a 100% stake in Trade Castle Tech Park Pvt Ltd for Rs 234.31 crore. The acquisition aims to develop infrastructure facilities.

Hindustan Unilever: Kwality Wall’s (India), ahead of its demerger from Hindustan Unilever (HUL) on 1 December, announced the formation of its board of directors. The company said it plans to accelerate growth through strategic pivots, a robust snacking portfolio across price points, access to global brands, and innovative product formats and technologies.

Tata Consultancy Services: A US appeals court upheld $194.2 million in damages against Tata Consultancy Services (TCS) in its trade secrets dispute with Computer Sciences Corporation (CSC), now part of DXC Technology. TCS said in a regulatory filing that while the appellate court affirmed the damages, it vacated the permanent injunction that previously restricted TCS from using certain CSC materials.

Rail Vikas Nigam: Rail Vikas Nigam Ltd (RVNL) announced that it has emerged as the lowest bidder (L1) for a Northern Railway project worth Rs 180.77 crore, involving the design, supply, erection, testing, and commissioning of OHE modification and feeder wire work for a 2Γ—25 kV traction system.

Mahindra and Mahindra: Mahindra & Mahindra announced that it has acquired the remaining 43% stake in Mahindra–BT Investment Company (Mauritius) (MBTICM) for Rs 66.33 crore. The company executed the Share Purchase Agreement with BT Holdings (BTHL) and MBTICM on 21 November 2025.

NBCC India: NBCC India said it has received a Rs 45.09 crore work order from Canara Bank to construct the official premises for the bank’s regional/circle office in Ranchi, Jharkhand. The project, awarded under the normal course of business, includes project management consultancy (PMC) services.

Natco Pharma: Natco Pharma said the US FDA has completed its inspection of the company’s API manufacturing facility in Manali, Chennai, conducted between November 17–21. The regulator issued seven Form 483 observations, all procedural in nature.

HG Infra Engineering: HG Infra Engineering announced that it, along with Kalpataru Projects International Ltd, has been declared the L1 bidder by the Maharashtra Metro Rail Corporation (MMRCL) for a major metro infrastructure project in Thane.

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