Stocks to Watch Today: Lupin, Rail Vikas Nigam, BEL, Gujarat Kidney, Shyam Dhani, Cupid, Waaree Energies, Indian Overseas Bank in focus on 30 December

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Stocks to Watch, 30 December: Stocks like Lupin, Rail Vikas Nigam, Bharat Electronics, Indian Overseas Bank, Waaree Energies, Afcons Infrastructure, Nazara Technologies, Entero Healthcare Solutions, Honasa Consumer, Mangalam Drugs and Organics, Gujarat Kidney & Super Speciality, and Shyam Dhani Industries will be in focus on December 30.

Stocks to Watch Today, 30 December

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Let’s catch up on the latest news from the stock market. From significant investments to major deals, order wins, and acquisitions, here’s a quick look at which stocks will be in focus in today’s trade:

Stocks to Watch

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Lupin

The pharma company has entered into an exclusive License, Supply, and Distribution Agreement with Gan & Lee Pharmaceuticals, headquartered in China, for a novel fortnightly GLP-1 receptor agonist, Bofanglutide.

Bofanglutide injection is used for the treatment of type 2 diabetes and for aiding weight management in overweight or obese individuals.

Rail Vikas Nigam

The company has emerged as the lowest bidder for an order worth Rs 201.23 crore from East Coast Railway. The order involves setting up a wagon POH workshop with a capacity of 200 wagons at Kantabanji.

Bharat Electronics

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The company has received additional orders worth Rs 569 crore since December 12. These include orders for radars, tank overhauls, communication equipment, fire control systems, simulators, antenna stabilization systems, security software, components, upgrades, and spares.

Indian Overseas Bank

The Reserve Bank of India has permitted Indian Overseas Bank to set up an IFSC Banking Unit (IBU) in GIFT City, Gujarat.

Waaree Energies

Amit Paithankar has resigned from the position of Whole-Time Director and Chief Executive Officer of the company to pursue opportunities outside the organization, effective May 15, 2026.

However, the Board has approved the appointment of Jignesh Rathod (currently designated as Director – Operations) as Chief Executive Officer-Designate with immediate effect. Further, the Board has appointed Jignesh Rathod as Chief Executive Officer and Key Managerial Personnel of the company, effective May 16, 2026.

Additionally, the company’s subsidiary, Waaree Power, has set up two solar inverter line manufacturing facilities, each with an annual capacity of 1.525 GW, totaling 3.05 GW, at its factory in Sarodhi-Valsad, Gujarat. Operations at the facility commenced on December 29.

Gujarat Narmada Valley Fertilizers & Chemicals

T Natarajan has resigned as Managing Director of the company, effective December 29, following an order from the Government of Gujarat.

The Government of Gujarat has nominated Rajkumar Beniwal, IAS, as Managing Director of the company, effective December 29.

Lloyds Engineering Works

The Board has approved the merger of Lloyds Infrastructure & Construction, Metalfab Hightech, and Techno Industries with Lloyds Engineering Works.

Grasim Industries

The Board has approved a Composite Scheme of Arrangement among Aditya Birla Renewables, Essel Mining & Industries, Electrotherm Renewables, ABREL EPCCO Services, ABREL Renewables EPC, ABREL EPC, and their respective shareholders and creditors.

Gulf Oil Lubricants India

The company has launched its new range of Gulf Syntrac, a 100% fully synthetic premium motorcycle engine oil range.

Timex Group India

Promoter Timex Group Luxury Watches B.V., Netherlands, has decided to exercise the oversubscription option to the extent of 45.09 lakh equity shares (4.47% stake) in the offer-for-sale on December 30, in addition to the base offer size of a 4.47% stake.

Afcons Infrastructure

The company has achieved the first tunnel breakthrough in the City and Industrial Development Corporation’s (CIDCO) augmentation of the Hetawane Water Supply Scheme at Shaft-4 in Wahal village, Navi Mumbai.

The company stated that it would complete the project six months ahead of schedule. CIDCO has undertaken this project to meet the growing water demand in Navi Mumbai’s developing regions.

Cupid

The company has received in-principle approval from its Board of Directors to set up a new FMCG manufacturing facility in the Kingdom of Saudi Arabia (KSA).

This will be the company’s first manufacturing plant outside India, supporting its FMCG growth strategy and strengthening its presence in overseas markets, beginning with the Gulf Cooperation Council (GCC) region.

NTPC Green Energy

The company has announced the commencement of commercial operations of the ninth part capacity of 13.98 MW out of the 1,255 MW Khavda-I Solar PV project of NTPC Renewable Energy.

The current commercial capacity of NTPC Green Energy stands at 7,996.30 MW. With the addition of this capacity, the total installed capacity of the NGEL Group will increase to 8,010.28 MW.

Bulk Deals

Nazara Technologies

SBI Mutual Fund sold 45.09 lakh shares in Nazara Technologies at Rs 240.18 per share and another 45 lakh shares at Rs 240.03 per share, totaling a 2.4% stake and amounting to over Rs 216 crore.

SBI Mutual Fund held a 5.78% stake in Nazara Technologies as of September 2025.

Entero Healthcare Solutions

Capital Group-owned Smallcap World Fund Inc sold 22.69 lakh shares (equivalent to 5.2% of paid-up equity) in Entero at Rs 950 per share for Rs 215.6 crore. Meanwhile, ICICI Prudential Mutual Fund acquired 21.82 lakh shares (5.01% stake) at the same price for Rs 207.29 crore.

Smallcap World Fund held a 5.42% stake in Entero as of September 2025.

Honasa Consumer

Promoter Varun Alagh has bought an additional 18.51 lakh shares (0.56% stake) in the company at Rs 270 per share for nearly Rs 50 crore from Fireside Ventures Investment Fund I.

Fireside Ventures Investment Fund held a 1.93% stake in the parent company of Mamaearth as of September 2025.

Mangalam Drugs and Organics

Kedia Securities, owned by ace investor Vijay Kedia, picked up 1.37 lakh shares (0.87% stake) in the pharma company at Rs 24.15 per share for Rs 33.27 lakh.

BirlaNu

Promoter Birla Chandrakant has acquired 29.28 lakh shares (38.83% stake) in BirlaNu at Rs 1,517.5 per share for Rs 444.3 crore from Shekhavati Investments and Traders, Gwalior Finance Corporation, Central India Industries, Ashok Investment Corporation, and Amer Investments Delhi, all of which are part of the promoter group.

Further, Birla Chandrakant has bought 79,666 shares in BirlaNu at Rs 1,569.36 per share for Rs 12.5 crore. Meanwhile, Hitaishi Investments sold 67,066 shares at Rs 1,575.64 per share for Rs 10.56 crore.

Mainboard Listing

Gujarat Kidney & Super Speciality

SME Listing

Shyam Dhani Industries

Sundrex Oil Company

Dachepalli Publishers

EPW India

Stock in F&O ban

Sammaan Capital