Stocks To Watch Today: TCS, RVNL, Tata Power, HG Infra, HUDCO, IDBI Bank In Focus On November 24

Stocks To Watch Today, November 24: The domestic equity market is expected to open on a firm note this morning, November 24, with the GIFT Nifty indicating a positive start as it trades 77 points higher. Here’s a quick round-up of the companies likely to stay in focus today, driven by fresh deals, regulatory developments, earnings, and bulk trades.

Earnings Today

Two companies—Siemens Energy India and Supreme Infrastructure India—are slated to release their quarterly results.

Stocks to Track Today

TCS

The US Court of Appeals for the Fifth Circuit has upheld the District Court’s ruling that TCS must pay $194 million in damages to Computer Sciences Corporation/DXC Technology. While the earlier injunction has been vacated, the matter has been sent back

to the District Court in Dallas for reassessment. TCS says it is examining all legal options, including a possible appeal.

RVNL

Rail Vikas Nigam has once again emerged as the lowest bidder—this time for a Rs 180.8 crore project from North Eastern Railway. The contract involves OHE modification and feeder wire work for upgrading the 2×25 kV traction system in the Lucknow division.

Tata Power

The company has taken a significant step in Bhutan’s hydropower space by signing commercial agreements with Druk Green Power Corporation for the 1,125 MW Dorjilung Hydroelectric Project. Tata Power has committed an equity investment of Rs 1,572 crore.

HG Infra Engineering & Kalpataru Projects International

Their joint venture has been picked as the L-1 bidder for a Rs 1,415 crore contract awarded by Maharashtra Metro Rail Corporation. The project includes designing and constructing an elevated metro viaduct for the Thane Integral Ring Metro.

Lupin, Natco Pharma & Shilpa Medicare

A cluster of compliance updates from pharma companies:

• Lupin’s Goa facility received a Form 483 with seven observations after a US FDA inspection.
• Natco Pharma’s API unit in Manali was also inspected and ended with seven procedural observations.
• Shilpa Medicare’s Unit IV in Telangana received eight observations, with none marked as repeat issues.

HUDCO

HUDCO has entered into an MoU with the IDFC Foundation to enhance financial and technical capacities for urban development institutions and extend support for the implementation of national urban schemes.

IDBI Bank

As per a report by NDTV Profit, Kotak Mahindra Bank has reportedly joined Oaktree Capital and Fairfax in the race for IDBI Bank’s stake sale. Kotak hasn’t officially commented yet. (Moneycontrol has not independently verified the development.)

Tata Chemicals

The company’s board has cleared two expansion investments: Rs 135 crore for increasing dense soda ash capacity at Mithapur, and Rs 775 crore for expanding precipitated silica output at its Cuddalore unit.

Sical Logistics

Indian Railways’ Chennai division has given the green light to commission a Gati Shakti Cargo Terminal developed by Sical Multimodal and Rail Transport. The company expects this to significantly enhance its logistics network and boost long-term revenues.

Sandur Manganese & Iron Ores

The company has received fresh annual production allocations from the Supreme Court-appointed Monitoring Committee:

Iron ore MPAP adjusted to 0.03708 MTPA for the remaining five months of FY26

Manganese ore MPAP increased to 0.03908 MTPA

Samvardhana Motherson International

A subsidiary – Motherson Sequencing and Assembly Services Global Group GmbH – has been fined EUR 56,319 (approx. Rs 57.7 lakh) by the German tax authority for delayed VAT and payroll tax payments for September 2025.

RNIT AI Solutions

The AI and governance tech firm has entered a $3 million strategic partnership with Saudi-based Ajnihat Alnajah Group, marking a push into the GCC enterprise automation market.

Lemon Tree Hotels

The hospitality group has signed a new property under the Keys Select brand in Bhopal, to be managed by its subsidiary Carnation Hotels.

Bulk Deals

AWL Agri Business (formerly Adani Wilmar) saw promoter entity Adani Commodities LLP offload a 7% stake—9.09 crore shares—in two large tranches worth Rs 2,502.2 crore.

Karnataka Bank witnessed buying interest from Aditya Kumar Halwasiya, who acquired 38 lakh shares (1%) for Rs 70.63 crore.

Block Deals

Max Financial Services: Promoter Max Ventures Investment Holdings reduced its stake by 0.46%, selling 16 lakh shares for Rs 268.96 crore to several institutional investors including Morgan Stanley, Tata Mutual Fund, WhiteOak Capital, and others.

Reliance Industries: BofA Securities Europe SA picked up 3.52 lakh shares worth Rs 54.01 crore.

Sagility: BNP Paribas Financial Markets purchased 35 lakh shares valued at Rs 16.88 crore.

Corporate Action – InvIT

Altius Telecom Infrastructure Trust trades ex-distribution today.

F&O Ban

SAIL

Sammaan Capital.