Stocks to Watch Today: Major Market Triggers for 18 November
The stocks to watch today include companies across technology, energy, infrastructure, healthcare, and financial services as the share market today reacts to large block deals, leadership changes, new contracts, regulatory actions, and global partnerships. Below is a detailed breakdown of key developments expected to influence market sentiment throughout the day.
Significant Block Deals Likely to Influence Trade
Paytm
A consortium of early investors—SAIF III Mauritius, SAIF Partners and Elevation Capital—is expected to divest a 2% stake in Paytm through a block deal.
- Potential funds raised: Up to ₹1,639.7 crore
- Floor price: ₹1,281 per share
- Discount: Approximately 3.9% to last close
- Lock-up clause: Sellers will be restricted from additional share sales for 60 days
This transaction is among the key market events for the session due to its size and the participation of long-term institutional shareholders.
Mphasis
Private equity major Blackstone will reduce its shareholding in Mphasis via a large block deal.
- Stake to be sold: Up to 9.5% equity
- Floor price: ₹2,570 per share
- Discount: Around 4.4% to November 17 closing price
- Estimated deal size: ₹4,626 crore
- Lock-up: Blackstone will retain the remaining stake for 180 days
The size and lock-up terms make this one of the most tracked deals in the IT space for the day.
Emcure Pharma
BC Investments (Bain Capital) plans to offload up to 2% of Emcure Pharma through a block deal.
- Indicative floor price: ₹1,296.51 per share
- Discount: Roughly 7% to the previous close
- Estimated deal value: ₹493 crore
This is the second major block update involving the pharmaceutical company for the day.
Leadership Announcements and Corporate Resignations
JSW Energy
JSW Energy disclosed that Pritesh Vinay, Director (Finance), has resigned after a 13-year tenure with the group.
- Final working date: 31 December 2025
- Transition period: The executive will continue through the year to ensure a smooth handover.
The leadership transition will provide the board adequate time to initiate its succession planning.
Major Order Wins and Contract Announcements
WPIL
WPIL’s South African subsidiary secured a ₹426-crore contract from Matla a Metsi Joint Venture.
- Project: Electromechanical and instrumentation work
- Objective: Mokolo Crocodile Water Augmentation Project Phase-2
- Execution timeline: Four years
This win strengthens WPIL’s global project pipeline, particularly in the African water infrastructure segment.
Pace Digitek
Pace Digitek received a major order worth ₹929.76 crore from Maharashtra State Power Generation Company (MSPGCL).
- Project type: 200 MWAC solar PV plant
- Scope:
- Engineering and design
- Manufacturing and supply
- Erection, installation, testing and commissioning
- Power evacuation infrastructure
- Three-year O&M
This mandate adds to the growing list of large-scale renewable energy initiatives in India.
Tata Power Company
Tata Power Renewable Energy has commissioned NHPC’s 450 MWp (DC) / 300 MW (AC) solar facility in Bikaner, Rajasthan.
- Panels installed: Around 7.75 lakh
- Technology: Advanced DCR cells and bifacial modules
- Power offtake: Entire output supplied to Punjab State Power Corporation Ltd (PSPCL)
- Lifetime estimated production: 17,230 million units of green energy
The project was developed in challenging desert conditions, adding scale to India's renewable capacity.
Technology Partnerships and AI-Focused Developments
HCLTech
HCLTech has launched a cutting-edge innovation lab in collaboration with Nvidia, located in Santa Clara, California.
- Purpose: To accelerate adoption of physical AI and cognitive robotics
- Integrated Nvidia platforms:
- Omniverse
- Metropolis
- Isaac Sim
- Jetson
- Holoscan
- HCLTech AI solutions: VisionX, Kinetic AI, IEdgeX, SmartTwin
- Network integration: Connected to HCLTech’s global AI Lab ecosystem
The facility will help enterprises explore and scale advanced AI-based industrial applications.
Infosys
Infosys unveiled its AI-first GCC model, designed to help global enterprises build and enhance Global Capability Centres (GCCs).
- Objective: To transform GCCs into AI-powered hubs
- Use cases: Innovation, operational agility, and digital modernisation
- Experience base: Over 100 GCC engagements across industries
JSW Infrastructure
JSW Infrastructure has signed agreements to acquire a 51% stake in South Minerals Port Company SAOC in Oman through its step-down subsidiary.
- Acquisition method: Equity subscription + nominee share purchase
- Outcome: Entity becomes a step-down subsidiary post-completion.
This acquisition supports JSW Infrastructure’s international expansion strategy.
Healthcare and Pharmaceutical Developments
AstraZeneca Pharma India
AstraZeneca and Sun Pharma have entered a second brand partnership for Sodium Zirconium Cyclosilicate (SZC) in India.
- Indication: Treatment of hyperkalemia (high potassium levels)
- Branding:
- AstraZeneca: Lokelma
- Sun Pharma: Gimliand
- Scope: Both firms will market and distribute the therapy independently.
Additional Market-Relevant Corporate Updates
JSW Cement & Nuvoco Vistas
Nuvoco Vistas signed a Securities Purchase Agreement to acquire 100% stake in Algebra Endeavour, holding company of Vadraj Energy (Gujarat), with involvement from JSW Cement and Alpha Alternatives.
- Deal value: Up to ₹200 crore
Indokem
Indokem received a notice from Maharashtra Pollution Control Board ordering closure of its Ambernath manufacturing plant within 72 hours, citing alleged violations of environmental norms.
TVS Motor Company
TVS launched the TVS Apache RTR 180 in Kenya through its long-time distribution partner Car & General.
Latent View Analytics
Latent View appointed Venky Ramesh as Chief Client Officer for the Consumer, Marketplace and Retail segment.
Bulk Deals: Major Institutional Activity
5paisa Capital
WF Asia Fund sold 24.21 lakh shares (7.75%) at ₹289.16 per share.
- Buyer: Shubhi Consultancy Services, acquiring 22.15 lakh shares
- Acquired stake: 7.09%
Sri Adhikari Brothers Television Network
Sera Investments & Finance India sold 2 lakh shares (0.78%) at ₹1,030.15 per share.
Anantam Highways Trust
- Sellers: Minerva Ventures Fund (24.99 lakh units), Trust Investment Advisors (17.99 lakh units)
- Buyers: Larsen & Toubro acquired 21.82 lakh units
- Price band: Around ₹102 per unit
Emergent Industrial Solutions
- Buyer: iSquare Global PE Fund — 72,500 shares
- Seller: Davos International Fund — 72,961 shares
- Transaction price: ₹491.2 per share
Block Deals
Onesource Specialty Pharma
Promoter entity Karuna Business Solutions LLP purchased 2 lakh shares (0.17%) at ₹1,735 per share.
New Listings Today
Mainboard
- Physicswallah
- Emmvee Photovoltaic Power
SME Platform
- Workmates Core2Cloud Solution
- Mahamaya Lifesciences
Corporate Actions: Ex-Date Updates
Ex-Dividend Today
- Asian Paints
- Ashok Leyland
- IRB Infrastructure Developers
- Man Infraconstruction
- Amrutanjan Health Care
- Cochin Shipyard
- Navneet Education
- Precision Wires India
- Venus Pipes & Tubes
- East India Drums and Barrels Manufacturing
Ex-Bonus
InvIT Income Distribution
- IRB InvIT Fund
- National Highways Infra Trust
F&O Ban List
- SAIL still maintains its ban status.
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