Business
Stocks to Watch: Bharti Airtel, NCC, Indian Overseas Bank, HCLTech and more
Bharti Airtel | Indian Continent Investment has launched a block deal in telecom operator valued at approximately ₹7,100 crore ($806 million). Indian Continent Investment is a promoter entity of Bharti Airtel. The offering involves 3.43 crore shares, equivalent to about 0.56% of the company’s outstanding share capital, by the selling shareholder. The shares are priced at an offer floor of ₹2,096.70 each, representing a 3% discount to the stock’s last close of ₹2,161.60 on the NSE as of November 25, 2025.
NCC | Infrastructure company said it has received a letter of acceptance from the Public Works (Health & Education) Department, Assam, for the expansion and modernisation of Gauhati Medical College & Hospital in Guwahati. According to the company, the order has been awarded by a domestic entity and covers a comprehensive scope of work for upgrading the medical college and hospital infrastructure. The contract carries a value of ₹2,062.71 crore, excluding GST.
Indian Overseas Bank | The bank has disclosed that it will receive an income tax refund of ₹835.08 crore for Assessment Year 2022–23, following an order issued by the Income Tax Department to give effect to a ruling by the Commissioner of Income Tax (Appeals). In an exchange filing on Tuesday, November 25, the bank said it received the order under Section 250 of the Income Tax Act, 1961, dated November 21, 2025. The refund amount includes interest payable under Section 244A.
HCLTech | IT services company, said it has entered into a strategic collaboration agreement with Amazon Web Services (AWS) aimed at accelerating transformation across the financial services industry through autonomous, AI-powered solutions. The collaboration brings together HCLTech’s deep domain expertise and AWS to deliver transformative outcomes for financial services organisations. HCLTech will launch a suite of pre-built, industry-compliant solutions aimed at modernising contact centers, enhancing digital engagement and streamlining core platforms across Banking, Wealth, and Insurance.
NELCO | Tata Group company has received a significant regulatory boost, with the Department of Telecommunications (DoT), Ministry of Communications, granting the firm an additional authorisation — UL VNO-GMPCS — under its existing Unified License (Virtual Network Operator). The approval, dated November 25, allows NELCO to sell VSAT services of other UL-GMPCS licensees, strengthening its presence in the satellite communications market.
United Breweries | The company announced the launch of Heineken Silver in New Delhi, with availability beginning November 25, 2025. The product will be offered across bars and retail outlets in the capital. Heineken Silver is classified as a premium mild lager and will cater solely to the domestic market at launch. The variant is priced at ₹155 for a 330 ml bottle, ₹180 for a 500 ml can, and ₹305 for a 650 ml bottle, as per the accompanying press release.
Zydus Lifesciences | Drug maker said it has received final approval from the United States Food and Drug Administration (FDA) for verapamil hydrochloride extended-release tablets USP in 120 mg, 180 mg and 240 mg strengths. The approved product corresponds to the US reference listed drug Calan SR extended-release tablets in the same strengths. Verapamil hydrochloride extended-release tablets are administered to lower high blood pressure, reducing the risk of serious cardiovascular conditions such as strokes and heart attacks.
Jayant Infratech | The company has received an Engineering, Procurement, and Construction (EPC) Contract worth ₹161.68 crore from Konkan Railway Corporation Ltd. In a filing with the exchanges, the company said, it had received the Letter of Acceptance for “the design, supply, erection, testing and commissioning for up-gradation of existing 1×25 KV Electric Traction system into 2×25 KV Electric Traction system etc in the projects being executed by Konkan Railway Corporation Limited.”