On Monday, 950 stocks advanced, 3348 declined and 198 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.28 indicating a negative closing. Moneylife’s Market Breadth Indicators entered in the bearish territory. In the broader market around 700 stocks were down more than 3%. The trend of the major indices on Monday’s trading is given in the table below.
On NSE, 44 securities advanced and closed at a new 52-week high whereas 435 securities sank to close at their new 52-week lows. In sectoral indices, Nifty PSU Bank, Nifty Media and Nifty Metal were among the biggest losers.
Emmvee Photovoltaic Power (-4.73%) subsidiary Emmvee Energy signed a long‑term supply deal for 4.5 GWp of TOPCon PV cells with a domestic buyer. Deliveries will run from Dec 2025 to 2030, giving the company multi‑year production visibility. The agreement strengthens Emmvee’s role in India’s solar manufacturing ecosystem amid rising demand for advanced PV technologies.
Embassy Developments (-5.38%) reported launch of Embassy Greenshore at Embassy Springs, North Bengaluru. The premium project spans 14 acres / 1.55 mn sq. ft., offering 878 units across 2 phases with larger 2–4 BHK configurations. Phase 1 bookings hit around ₹860 crore in just five days.
HCLTech (+0.33%) formed a strategic partnership with Dolphin Semiconductor to co‑develop the next generation of energy‑efficient chips. The collaboration combines HCLTech’s SoC design expertise with Dolphin’s ultra‑low‑power IP, targeting scalable solutions that balance high performance with reduced energy use. Applications span from IoT devices to datacenter environments, addressing growing demand for efficiency and thermal management in connected workloads.
Torrent Power (-2.70%) signed a 10‑year LNG supply pact with Japan’s JERA, starting 2027, for up to 0.27 MMTPA. The fuel will support Torrent’s 2,730 MW gas‑based plants, helping balance renewables during peak demand. It also strengthens Torrent Gas Ltd’s city gas distribution, ensuring reliable supply for households, industry and CNG vehicles.
Cyient (-2.33%) Semiconductors and Navitas Semiconductor entered a long‑term strategic partnership to accelerate GaN innovation in India. The collaboration will co‑develop GaN‑based ICs, power modules and design platforms for sectors like AI data centers, EVs, HPC, industrial electrification and modern grids.
Dr. Reddy’s Laboratories (-0.68%) signed a strategic collaboration with Immutep Ltd for exclusive rights to develop and commercialise Eftilagimod Alfa (efti) outside North America, Europe, Japan and Greater China. Efti, a first‑in‑class cancer immunotherapy, is in Phase III trials (TACTI‑004/KEYNOTE‑F91) for advanced non‑small cell lung cancer and under study for multiple other cancers. Immutep will receive $20 million upfront, plus up to $349.5 million in milestones and double‑digit royalties, ensuring long‑term participation in the drug’s success.
Godawari Power & Ispat (-2.52%) started commercial operations at its new 2 MTPA iron ore pellet plant in Raipur’s Siltara Industrial Area. With the facility going live on 8 Dec 2025, total pellet capacity has risen from 2.7 MTPA to 4.7 MTPA.
Omaxe Group (-5.22%) fully repaid over ₹700 crore debt to Samman Capital ahead of schedule, using internal project cash flows. The milestone underscores its disciplined financial strategy, stronger liquidity and operational performance across marquee projects in Lucknow, Faridabad and New Chandigarh.
Transrail Lighting (-2.01%) announced ₹822 crore in fresh orders, including a major 400 kV transmission line contract in a GCC nation, marking its international entry. Additional wins across Civil and Poles & Lighting verticals have lifted FY26 order inflows past ₹5,110 crore. With an L1 pipeline of over ₹2,000 crore, the company sees strong visibility for continued growth this fiscal.
Orient Green Power (-2.99%) commissioned its first solar project, marking a pivot beyond wind energy. Executed via subsidiary Delta Renewable Energy Pvt Ltd, the 7 MW AC plant at Krishnasamudhram, Tamil Nadu was funded through a Rights Issue.
Royal Orchid Hotels (-5.03%) opened Regenta Place M.A.R.S. Candolim, a new 3‑star deluxe property in North Goa. This marks the group’s eighth hotel in the state, reinforcing its coastal tourism focus.
Coforge (-1.34%) launched a z/TPF Center of Excellence under its Advanced Engineering Services unit. The initiative targets modernization of mission‑critical transaction platforms used in sectors like aviation, financial services, hospitality, retail, travel and railways. By enabling cloud‑ready, real‑time and compliant operations, the CoE addresses urgent industry needs to upgrade legacy TPF systems that power billions of high‑volume transactions.
AFCOM Holdings (-0.70%) signed a business agreement with Nauru Air Corporation, the national airline of Nauru. Formalised at the High Commission of Nauru in New Delhi, the deal marks AFCOM’s entry into the Australian and Pacific cargo corridors.
MTAR Technologies (-2.33%) secured ₹194 crore in new orders from Megha Engineering & Infrastructures Ltd (MEIL) in the Civil Nuclear Power sector. The contract covers end fittings and associated components under a domestic arrangement. Execution runs through April 2028, providing MTAR with multi‑year revenue visibility in its nuclear vertical.
Biocon (-2.25%) approved a full buyout of minority stakes in Biocon Biologics Ltd (BBL), valuing the unit at $5.5 billion(bn). The deal involves issuing 17.12 crore Biocon shares at ₹405.78/share ( around ₹6,950 crore) plus a $400 mn cash payout to Mylan Inc.; other minority holders including Serum Institute Life Sciences, Tata Capital Growth Fund II and Activ Pine LLP. Post‑transaction, BBL becomes a 100% subsidiary, with Biocon also seeking to raise its authorised capital to ₹900 crore and planning up to ₹4,500 crore fundraising for future growth.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below:
