STOCK IN FOCUS (02nd Nov 2026)

STOCKS IN NEWS

• Nazara Technologies: Shares will remain in focus after the company invested US$77 million (approximately ₹734.35 crore) in its UK subsidiary as the second tranche of its acquisition of Bluetile and Bestplay.

• Vodafone Idea: Shares will remain in focus after the Competition Commission of India (CCI) approved French billionaire Xavier Niel’s proposal to acquire a 16.2% stake in Vodafone Group Plc through his investment vehicle, Vega SAS.

• Affle 3i: The company’s Israel-based step-down subsidiary, Affle 3iL, has signed a definitive agreement to acquire all outstanding shares of Perion Network at US$11.70 per share through an all-cash transaction. The deal implies an equity valuation of approximately US$420 million.

• Coal India: Coal India’s (CIL) monthly coal supplies crossed the 70-million-tonne mark for the first time, reaching 70.3 MT and surpassing its previous record of 69.4 MT achieved in March 2026. This represents a 19% increase over the 59.2 MT supplied in October FY26.

• Krishna Institute of Medical Sciences: The company’s subsidiary, Saveera Institute of Medical Sciences, which operates KIMS Saveera Hospital in Anantapur, has doubled its bed capacity from 250 to 500 beds. The expansion is expected to strengthen the company’s healthcare infrastructure and improve access to advanced tertiary and quaternary healthcare services across Andhra Pradesh’s Rayalaseema region.

• NCC: The company has received eight additional orders during October, aggregating ₹1,862.45 crore. Of the total order value, ₹767.11 crore pertains to the Water Division, ₹688.78 crore to the Buildings Division and ₹406.56 crore to the Transportation Division.

• RBM Infracon: The company has received a work order worth ₹354.76 crore from Epitome Industries for the construction and commissioning of buildings.

• Bajaj Electricals: The company has received an assessment order from the Income Tax Department for Assessment Year 2019–20, raising a tax demand of ₹112.32 crore, including interest, following the disallowance of certain expenses.

BULK DEALS

• Swiggy: Tencent Holdings, through Tencent Cloud Europe B.V., exited Swiggy by selling its entire holding of 5.43 crore equity shares, equivalent to 1.96% of the company’s paid-up equity, for approximately ₹981.79 crore.

• Sagility: Sagility B.V. sold 56 crore equity shares, representing 11.96% of the company’s paid-up equity capital, for approximately ₹2,394.56 crore at an average price of ₹42.76 per share. According to the latest shareholding pattern, Sagility B.V. held a 50.95% stake in the company.

• Sri Lotus Developers and Realty: US-based Smallcap World Fund, managed by Capital Group, acquired an additional 1.41 crore equity shares, representing 2.89% of the company’s paid-up equity capital, for approximately ₹339.36 crore.

• Strides Pharma Science: SBI Life Insurance Company acquired an additional 6.62 lakh shares, equivalent to 0.71% of the company’s paid-up equity capital, for approximately ₹69.23 crore at an average price of ₹1,045.28 per share.

Source: Moneycontrol, Business Standard

Corporate Actions:

Disclaimer:

Investment in securities markets is subject to market risks. Please read all related documents carefully before investing. (Our SEBI Reg. No. INH000010335)

AI Usage Disclosure: Artificial Intelligence (AI) tools were utilized exclusively for document formatting, structural layout, and presentation refinement.
All underlying research, financial analysis, forecasts, and investment recommendations are fully independent and conducted solely by the analyst(s).

For Full Disclaimer: Click Here