On Monday, 1911 stocks advanced, 2281 declined and 195 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.83 indicating a negative closing. After holding in bullish territory for three consecutive sessions, Moneylife’s Market Breadth Indicators have now reverted to bearish territory. The trend of the major indices on Monday’s trading is given in the table below.
On NSE, 77 securities advanced and closed at a new 52-week high whereas 115 securities sank to close at their new 52-week lows. In sectoral indices, Nifty PSU Banks ,Nifty Energy and Nifty Metal were among the biggest gainers. Nifty Media, Nifty Auto and Nifty Pharma were among the biggest losers.
Gujarat Industries Power Co Ltd (+0.54%) commissioned an additional 105 megawatt (MW) of solar power capacity from its ongoing 600 MW project. With this, the total operational capacity from the project has now reached 210 MW.
Zaggle Prepaid Ocean Services Limited (+0.34%) will acquire Greenedge Enterprises Private Limited for up to Rs25 crore in cash, securing full ownership via 1,30,000 equity shares. An additional Rs25 crore will be invested through a Share Subscription Agreement. Greenedge, founded in 2009, offers business-to-business (B2B) golf-based corporate engagement and access-linked rewards, including partnerships with Rupay Cards. Its turnover rose from Rs7.28 crore in 2021–22 to Rs19.82 crore in 2023–24.
Power Finance Corporation (PFC) (+2.30%), extended a Rs4,829 crore term loan to Bhutan-based Kholongchhu Hydro Power Ltd (KHPL), a joint venture between Druk Green Power Corporation Ltd (DGPC, 60%) and Tata Power Company Ltd (40%). The funds will support KHPL’s 600 MW Kholongchhu Hydropower Project, which carries a total cost of Rs6,900 crore including financing charges.
Premier Energies Limited (-0.79%) secured contracts worth US$19.95 mn for solar electrification projects in Benin. The scope includes 750 rooftop solar systems across public facilities, over 4,400 solar streetlights, and 650 solar water heaters
Aurionpro Solutions Ltd (+0.90%) secured a multi-million-dollar contract from a major Indian public sector bank to deploy its next-generation cash management platform. The multi-year deal includes software licensing, implementation, and extended maintenance.
Larsen & Toubro (L&T) (-1.10%) secured a US$700 mn Sustainability-Linked Trade Facility (SLTF) from Standard Chartered, reinforcing its push into sustainable finance. The facility follows L&T’s US$60 mn sustainability-linked bond issued in June under SEBI’s ESG Bond Framework.
Tata Communications (-0.04%) secured a strategic multi-crore contract to build digital infrastructure for the Goods and Services Tax Appellate Tribunal (GSTAT), established by India’s Ministry of Finance. The project spans 31 state benches and a principal bench in New Delhi, aiming to streamline dispute resolution under the GST regime.
E2E Networks Limited (-4.21%) approved plans to raise up to Rs1,000 crore through a public offering, rights issue, private placement, or qualified institutions placement (QIP), subject to shareholder and regulatory approvals.
Radico Khaitan (+0.13%) unveiled Rampur Jugalbandi editions #7 and #8 at the TFWA World Exhibition in Cannes, marking the finale of its eight-part Indian Single Malt series launched in 2022.
Lupin Limited’s (+0.70%) Dutch subsidiary, Nanomi B.V., ssigned a definitive agreement to acquire VISUfarma B.V. for €190 mn in cash, subject to closing adjustments. VISUfarma, headquartered in Amsterdam, specializes in ophthalmology and operates across major European markets including the UK, Italy, Spain, Germany, and France
Azad Engineering Ltd (+2.46%) signed a five-year international contract with Japan’s Mitsubishi Heavy Industries Ltd. to supply complex rotating and stationary airfoils for advanced gas and thermal power turbine engines. The agreement, valued at Rs651 crore, builds on a prior deal inked in November 2024, bringing the total value of contracts between the two firms to Rs1,387 crore.
Paradeep Phosphates Limited (+6.58%) commissioned a new 1,500 metric tonnes per day (MTPD) Sulphuric Acid Plant–D at its Paradeep facility in Odisha, boosting total capacity from 4,200 MTPD to 5,700 MTPD. The Rs510 crore project, funded via internal accruals and term loans, aims to reduce import dependence and improve operational efficiency.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below:
