Stocks to Watch Today – November 26
The stocks to watch today include Bharti Airtel, NCC, Zydus Lifesciences, Indian Overseas Bank, HCLTech, Nelco, and other companies that announced major investments, regulatory approvals, tax rulings, block deals, and strategic partnerships. As the share market today tracks multiple corporate developments across telecom, IT, infrastructure, pharma, banking and capital goods, here is a detailed breakdown of all major updates driving pre-market sentiment.
Share Market News – Highlights
- Major Block Deals & Promoter Transactions
- Key Corporate Announcements
- Contracts, Orders & Approvals
- Pharma & Regulatory Updates
- Leadership Changes & Management Actions
- Bulk Deal Activity
- Mainboard & SME Listings
- Corporate Actions: Ex-Date Updates
Major Block Deals & Promoter Transactions
Bharti Airtel
Bharti Airtel will be in focus after promoter entity Indian Continent Investment launched a block deal valued at approximately ₹7,100 crore. The offer includes 3.43 crore shares, representing 0.56% of Airtel’s equity. The floor price is set at ₹2,096.70, which reflects a 3% discount to the previous NSE close. The transaction marks one of the largest promoter-level stake sales in recent months.
Key Corporate Announcements
Indian Overseas Bank
Indian Overseas Bank disclosed that it will receive an income tax refund of ₹835.08 crore for AY 2022–23 following an appellate ruling. The refund includes interest payable under Section 244A. The bank received the formal order on November 25 and noted that the refund aligns with the decision of the Commissioner of Income Tax (Appeals).
HCLTech
HCLTech has entered into a strategic collaboration with Amazon Web Services (AWS), aiming to accelerate the financial services industry's transformation through autonomous and AI-powered solutions. The partnership will focus on delivering industry-compliant platforms for digital engagement, core modernization and enhanced contact center operations across banking, wealth management and insurance.
Nelco
Tata Group company Nelco received an important regulatory approval from the Department of Telecommunications, which granted the firm an additional UL VNO-GMPCS authorisation. This approval allows the company to sell VSAT services of other UL-GMPCS licensees under its existing Unified License, strengthening Nelco’s position in India’s satellite communication ecosystem.
United Breweries
United Breweries announced the launch of Heineken Silver in New Delhi, starting November 25. The premium mild lager will be distributed through bars and retail outlets, with prices fixed at ₹155 for a 330 ml bottle, ₹180 for a 500 ml can, and ₹305 for a 650 ml bottle.
Indraprastha Gas
Indraprastha Gas has entered into a joint venture agreement with CEID Consultants & Engineering to develop compressed biogas and biofuel projects. Both companies will hold a 50% stake in the new venture, expanding IGL’s presence in green energy solutions.
Bank of Maharashtra
Prabhat Kiran has been appointed as the new Executive Director of Bank of Maharashtra for a term of three years, effective November 24. Prior to this, he served as Chief General Manager at Canara Bank.
Contracts, Orders & Approvals
NCC Ltd
NCC reported securing a major infrastructure contract worth ₹2,062.71 crore awarded by the Public Works (Health & Education) Department, Assam. The contract involves the expansion and modernization of the Gauhati Medical College & Hospital, covering comprehensive development of medical infrastructure.
Jayant Infratech
Jayant Infratech received a Letter of Acceptance from Konkan Railway Corporation for an EPC project valued at ₹161.68 crore. The scope includes upgrading the existing 1x25 KV electric traction system to a 2x25 KV system, along with supply, erection, testing and commissioning.
RNIT AI Solutions
RNIT AI Solutions secured a significant technology deployment project from the Telangana Social Welfare Residential Educational Institutions Society. The initiative involves implementing AI-based facial recognition systems to track daily attendance for nearly 1.7 lakh students across 268 institutions under a SaaS model.
Apollo Micro Systems
Apollo Micro Systems has entered a tri-party strategic alliance with IIT Chennai and the Indian Navy to collaboratively work on solving current and future defence challenges through indigenous research and development programs.
Pharma & Regulatory Developments
Zydus Lifesciences
Zydus Lifesciences announced that it received final FDA approval for Verapamil Hydrochloride Extended-Release Tablets in 120 mg, 180 mg and 240 mg strengths. The drug is the generic equivalent of Calan SR and is indicated for the management of high blood pressure, consistent with its US reference product profile.
Leadership Updates & Governance Actions
Rashtriya Chemicals and Fertilizers
The Government of India has assigned additional charge of CMD to Nazhat J Shaikh, Director (Finance), for a period of six months beginning January 1, 2026.
Welspun Corp
Welspun Corp has filed a Statement of Claim under ICC Arbitration rules against Wasco Coatings and Wasco Energy, seeking compensation ranging between $35.5 million and $43.5 million related to a lost investment opportunity in the Wasco Qatar venture.
Bulk Deals
| Company | Buyer / Seller | Details |
|---|---|---|
| Elgi Equipments | SBI Mutual Fund | Bought 55.6 lakh shares (1.75% equity) worth ₹268.64 crore at ₹483 per share. |
| ASK Automotive | SBI Mutual Fund / Promoter | SBI purchased 78.61 lakh shares; promoter sold 78.85 lakh shares at ₹473 each. |
| Narayana Hrudayalaya | Promoter Sale | Promoter Shakuntala Shetty sold 11.77 lakh shares worth ₹230.7 crore. |
| AWL Agri Business | AustralianSuper | Acquired 94.85 lakh shares (0.72%) for ₹260.8 crore at ₹274.95 per share. |
Mainboard & SME Listings
- Mainboard Listing: Excelsoft Technologies
- SME Listing: Gallard Steel
Corporate Actions
Bonus Issue – Ex-Date
Interim Dividend – Ex-Date
This concludes the detailed update on stocks to watch today for November 26, covering block deals, earnings, contracts, regulatory approvals and corporate developments that may influence movement in the share market today.
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