MARKETS

Stocks in Focus: RVNL, Lupin, Hindalco Industries, and Others

Stocks in Focus: RVNL, Lupin, Hindalco Industries, and Others - EP
Picture Source: Internet

The GIFT Nifty futures, which are an early indicator of the Nifty50 index stocks, were trading lower by 20 points at 25,936, indicating that the domestic benchmark indices are likely to make a negative start on Tuesday. 

Earlier on Monday, 29 December, the Domestic benchmark indices S&P BSE Sensex traded lower by 346 points or 0.41%, and settled at 84,695, while the Nifty50 traded 0.38% lower or 100 points, closing at 25,942.

Here are some stocks that are likely to remain in focus on 30 December.

Rail Vikas Nigam: Rail Vikas Nigam emerged as the sole and lowest bidder for an East Coast Railway project to build a wagon Periodical Overhaul (POH) workshop at Kantabanji. The Rs 201.23 crore project (excluding GST) will have a capacity of 200 wagons, and RVNL plans to complete it within 18 months.

Lupin: Lupin signed an exclusive licensing, supply, and distribution agreement with China-based Gan & Lee Pharmaceuticals for bofanglutide, a new fortnightly GLP-1 drug. The partnership strengthens Lupin’s diabetes portfolio and expands its footprint in the obesity treatment space.

Hindalco Industries: Hindalco Industries announced that its subsidiary Novelis Inc. entered into a share subscription agreement with AV Minerals (Netherlands) N.V. Under the deal, AV Minerals will buy 50 lakh common shares of Novelis at $150 per share, bringing the total investment to $750 million.

Jubilant FoodWorks: Jubilant FoodWorks agreed to sell its entire 31.66% stake in Hashtag Loyalty Private Ltd. for Rs 641.59 crore. The company signed the share purchase agreement on 29 December 2025, with Hashtag Loyalty co-founder Karan Chechani. After the deal closes, Hashtag Loyalty will no longer be an associate company.

Bharat Electronics: Bharat Electronics secured additional orders worth Rs 569 crore since 12 December. The orders cover radars, tank upgrades, communication systems, fire control equipment, simulators, antenna stabilisation systems, security software, components, modernisation work, and spare parts.

Waaree Energies: Waaree Energies commissioned a new solar inverter manufacturing unit through its wholly owned subsidiary, Waaree Power Pvt. Ltd., at the Sarodhi–Valsad facility in Gujarat. The plant has begun commercial operations and houses two inverter production lines, each with an annual capacity of 1.525 GW.

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