Stocks to Watch Today: Asian Paints, Wipro, Havells and Key Market Highlights | November 27

The stocks to watch today include Asian Paints, Wipro, Whirlpool, Oberoi Realty, Havells India, Mahindra & Mahindra, and several other companies that announced major investments, stake sales, new facilities, strategic alliances, real estate developments, and regulatory approvals. As the share market today responds to significant corporate actions across manufacturing, IT, real estate, capital goods, and financial services, here is a detailed breakdown of all updates shaping market sentiment.

Share Market News – Highlights

• Major Strategic Developments & Investments
• Corporate Moves, Expansions & Approvals
• Real Estate & Infrastructure Announcements
• Banking & Capital Raising Updates
• Pharma and Healthcare Updates
• Contracts, Orders & EPC Developments
• Bulk Deals & Stake Sales
• Listings & Corporate Actions

Major Strategic Developments & Investments

Asian Paints

Asian Paints announced that its UAE-based step-down subsidiary, Berger Paints Emirates LLC, will establish a second paint manufacturing facility in the region with an investment of AED 140 million (₹340 crore). The upcoming plant, located in Abu Dhabi’s Khalifa Economic Zones (KEZAD), will have an initial annual production capacity of 55,800 KL and is spread across 100,000 sq. meters. The facility aims to strengthen the company’s regional supply capabilities.

Mahindra & Mahindra

Mahindra & Mahindra launched the BE 6 Formula E Edition, a performance-inspired electric SUV derived from the aesthetics of Formula E racing. Priced at ₹23.69 lakh for the FE2 variant and ₹24.49 lakh for the FE3 edition, the model marks the company’s continued push into premium EV offerings. Bookings for the vehicle open on January 14, 2026.

Wipro

Wipro has entered a strategic research alliance with the Indian Institute of Science (IISc) and the Foundation for Science Innovation and Development (FSID). The partnership focuses on advancing agentic AI, quantum computing, and quantum-safe technologies, supporting innovation across sectors including telecom, healthcare, and enterprise digital platforms.

Havells India

Havells India approved the acquisition of a 26% stake in Kundan Solar (Pali) Pvt Ltd for ₹5.63 crore. The investment will support the development of a 15 MWac solar power plant under a captive arrangement. Havells aims to reduce reliance on fossil fuels and expects to enter a long-term power purchase agreement for up to 25 years.

LG Balakrishnan & Bros

The company executed a non-binding MoU with the Tamil Nadu Government to obtain infrastructure support and regulatory assistance for future expansion plans. The agreement underscores the company’s commitment to strengthening its presence in the state’s manufacturing ecosystem.

Corporate Moves, Stake Sales & Regulatory Approvals

Whirlpool of India

Whirlpool of India’s promoter has proposed selling 95 lakh shares, representing a 7.5% stake, via block deals. The floor price is set at ₹1,030 per share, bringing the total transaction size to approximately ₹965 crore. A 90-day lock-up period will apply after the sale.

Paytm (One97 Communications)

The Reserve Bank of India has granted Certificate of Authorisation to Paytm Payments Services Ltd, allowing it to operate as a payment aggregator under the Payment and Settlement Systems Act. The approval strengthens the company’s position in India’s digital payment infrastructure.

Oberoi Realty

Oberoi Realty entered a development agreement to redevelop a 4,706 sq. m land parcel at Nepean Sea Road, Mumbai. The free-sale component for the company is estimated at 1.18 lakh sq. ft (RERA carpet area). Additionally, the company announced the resignation of its Executive Vice President – Compliance & Special Projects.

Indraprastha Gas

Indraprastha Gas signed a joint venture agreement with CEID Consultants & Engineering to develop large-scale compressed biogas and biofuel projects, with both companies holding equal equity stakes.

Nelco

Nelco received additional DoT authorization (UL VNO-GMPCS), enabling it to sell satellite-based VSAT services of other licensed operators under its existing Virtual Network Operator license.

Real Estate & Infrastructure Announcements

Oberoi Realty (Redevelopment Project)

The redevelopment of Nepean Sea Road land adds to the company’s ongoing portfolio expansion, positioning the project as a high-value residential development in one of Mumbai’s prime localities.

Kesar India

Kesar India acquired a 24,256 sq. m land parcel in Nagpur, offering a development potential exceeding 1.50 million sq. ft. The project carries a revenue generation potential of nearly ₹900 crore.

Banking & Capital Raising Updates

Jammu & Kashmir Bank

The bank’s board approved raising up to ₹750 crore via Qualified Institutional Placement (QIP) in multiple tranches and an additional ₹500 crore through non-convertible debentures under private placement.

Axis Bank

Axis Bank appointed Anand Viswanathan as Chief Risk Officer for a three-year term starting January 1, 2026. He will replace outgoing CRO Amit Talgeri.

Pharma & Healthcare Updates

Panacea Biotec

Panacea Biotec announced the resignation of its Chief Financial Officer and Head of IT, Devender Gupta, effective December 15 due to personal reasons.

Contracts, Orders & EPC Developments

Patel Engineering

Patel Engineering secured two Letters of Intent valued at ₹798.19 crore from Saidax Engineers & Infrastructure for excavation and coal transportation at the Jhiria West OCP project in Chhattisgarh for SECL.

Ashoka Buildcon

Ashoka Buildcon's subsidiary sold its entire stake in five SPVs to Maple Infrastructure Trust for ₹1,814.42 crore. The SPVs operate multiple highway projects across India, streamlining the company’s portfolio.

International Conveyors

International Conveyors acquired 1.21 lakh shares of Ganesha Ecosphere for ₹11.28 crore to strengthen its investment portfolio.

Salasar Techno Engineering

Salasar Techno Engineering received two contracts worth ₹695.18 crore from RVNL for electrical and mechanical distribution infrastructure development across multiple districts in Himachal Pradesh.

Indo Tech Transformers

The company won purchase orders for the supply of 11 transformers, valued at ₹91.26 crore.

Bulk Deals

Listings & Corporate Actions

New Listing

• KSR Footwear debuted on the exchanges.

Ex-Date – Reduction of Capital

• Gold Coin Health Foods

Ex-Date – Interim Dividend

• AK Capital Services

This concludes the comprehensive update on the stocks to watch today for November 27, covering corporate announcements, earnings, orders, strategic partnerships, and bulk deal activity influencing the share market today.