News that may impact stock prices

Sansera Engineering :  Sansera has entered a long-term contract of value ~Rs 160 crore (US$ 18.80 million) with Airbus Defence and Space for the manufacture, supply, and support of the Airborne Intensive Care Transport Module (ICTM) for light and medium transport aircraft programs. The ICTM is an advanced airborne medical evacuation system designed to transport patients with varying levels of medical criticality, including those requiring intensive care, during emergencies and health crises. News Impact : Positive

Zydus Lifesciences–  Zydus Lifesciences Ltd. announced its entry into the global biologics contract development and manufacturing organization (CDMO) business through its plan to acquire Agenus Inc.’s US based biologics CMC facilities. Agenus Inc. is a clinical-stage immuno-oncology company committed to developing immune therapies that effectively combat cancer. Under the terms of the agreement, Zydus will acquire two biologics manufacturing facilities from Agenus in Emeryville and Berkeley, California (US) for an upfront consideration of US$ 75 million and contingent payment of US$ 50 million to be paid over three -years subject to achievement o certain revenue milestone. With this acquisition Zydus will become a one stop solution provider across the entire development spectrum of biologics, right from pre-clinical to toxicology studies, clinical development and now manufacturing. Zydus will become an exclusive contract manufacturer for Agenus and will provide manufacturing services for clinical and commercial supply of two identified Phase-3 ready immuno-oncology products, Botensilimab (BOT) and Balstlimab (BAL).  News impact: Neutral

Sun Pharmaceutical Industries : Sun Pharmaceutical Industries Limited announced top-line results from the Phase 2 clinical trial evaluating the safety and efficacy of SCD-044 (a novel, orally bioavailable sphingosine-1- phosphate (S1P) receptor 1 agonist) for moderate to severe psoriasis. The study did not meet its primary endpoint of 75% improvement in PASI (Psoriasis Area and Severity Index) score (≥PASI75) at Week 16. Sun Pharma is also discontinuing studies of SCD-044 for atopic dermatitis after top-line results from a Phase 2 clinical trial. News impact: Likely to be negative

 Techno Electric : Company has been selected by RailTel Corporation of India Ltd., a “Navratna” Central Public Sector Enterprise, as Managed Service Data Centre Partner though open tender process on revenue sharing basis to setup 10MW Data Centre in phases on RailTel’s land in Noida, subject to fulfilling of certain conditions in the Letter of Intent and signing of the Contract Agreement.

Ashoka Buildcon:  The Acuite has updated the Credit Rating for both long-term and short-term debt of the Company as ‘ACUITE AA (Reaffirmed) and ACUITE A1+ (Reaffirmed) respectively. The rating factors traction with respect to the asset monetization of the 5 BOT (Build Own Transfer) and 11 HAM (Hybrid Annuity Model) projects wherein ABL has received NOC (No objection certificates) from NHAI (National Highways Authority of India) and Lenders for most of the projects.

L&T:  L&T The Water & Effluent Treatment (WET) business vertical of L&T has secured significant orders from the Public Health Engineering Department of Rajasthan. It has won an EPC order for the Rajasthan Rural Water Supply and Fluorosis Mitigation Project – Phase II, Package-1 worth ~Rs 1000-2500 crore.

Chennai Petro :  Chennai Petroleum Corporation Ltd to set up retail outlets to sell petrol and diesel, investing Rs 400 crore over the next 2-3 years.

Wipro:  Wipro has won a multiyear deal with Entrust, a global leader in identity-centric security solutions, where Wipro will provide strategic resources, scale, and agility to help Entrust accelerate its growth.

 R Systems:  R Systems International Limited announced a strategi c partnership to help enterprises gain visibility and precise financial control over rapidly escalating AI, cloud, and hybrid infrastructure investments.

Vodafone:  The government ruled out any more government relief for the struggling Vodafone Idea after Supreme Court dismissed a petition by telecom companies to waive off penalties and interests accrued over the adjusted gross revenue (AGR).

Yes Bank : Yes Bank Board approved raising funds up to Rs 16,000 crore via debt and equity. The bank will raise Rs 7,500 crore from equity and Rs 8,500 crore from debt securities.

Ashok Leyland: Ashok Leyland Limited has announced that it has received an order from the Tamil Nadu State Transport Corporation for the supply of 543 Bharat Stage VI (BSVI) diesel chassis and fully built buses. The total value of the order is approximately Rs 183.80 crore.

Indegene : A Dawn Investments, an affiliate of US-based Carlyle, is expected to sell a 10.2% stake in healthcare tech firm through block deals valued at approximately Rs 1,420 crore. Company had debut on exchanges just about 12 months ago. It had come out with IPO at Rs 452 per share.

Ola Electric Mobility: Hyundai Motor and Kia Corporation have exited Ola Electric Mobility through block deals, selling their entire shareholding in the electric vehicle maker. According to NSE bulk deal data, Hyundai sold 10.8 crore shares at Rs 50.70 apiece, amounting to Rs 552 crore, while Kia offloaded 2.7 crore shares at Rs 50.55 each, totaling Rs 138 crore. In a parallel move, Citigroup Global Markets Mauritius acquired 8.61 crore shares at Rs 50.55 per share, translating to a Rs 437 crore investment in Ola Electric.

Tata Technologies:  Private equity firm TPG is set to exit its remaining stake in Tata Technologies through a Rs 634 crore block deal. The stake, held by TPG Rise Climate SF Pte Ltd, amounts to 2.1% of the company’s equity. The deal is being managed by investment bank BofA Securities and has been launched as a clean-up trade.

Aditya Birla Fashion: Walmart-owned Flipkart is expected to offload its entire 6% stake in ABFRL through a block deal worth nearly Rs 600 crore. The floor price for the transaction has been fixed at Rs 80 per share, representing a discount of around 7% to Aditya Birla Fashion & Retail’s current market price.

Schloss Bangalore : The company which operates Leela Palaces Hotels and Resorts said it has secured a commercial p ot in Mumbai’s Bandra-Kurla Complex (BKC) following a successful bid in a Mumbai Metropolitan Region Development Authority (MMRDA) tender.

TVS Motor: TVS Motor Company signed a Memorandum of Understanding (MoU) with Kadam Mobility, an EV-first fleet and infrastructure platform, to deploy 500 TVS King EV MAX electric three-wheelers during FY26. Kadam Mobility will roll out these electric vehicles in phases, starting in pilot zones by Q2 FY26.

 Texmaco Rail : MRVC Limited has awarded an order of Rs. 122.3 crore to the Company for Design, Supply, Construction, Installation, Testing and Commissioning of traction transformers & associated work for Western Railway to be executed within 30 months.

Canara Bank: In a meticulously planned dramatic heist, a group of unidentified robbers looted nearly 59 kg of gold jewellery and Rs 5.2 lakh in cash from the Canara Bank branch in Karnataka’s Vijayapura district.

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Source: HDFC Securities Prime Research