On Monday, 1264 stocks advanced, 3034 declined and 205 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.42h indicating a negative closing. The trend of the major indices on Monday’s trading is given in the table below.
On NSE, 23 securities advanced and closed at a new 52-week high whereas 1219 securities sank to close at their new 52-week lows. In sectoral indices, Nifty Media, Nifty PSU bank and Nifty Auto were among the biggest losers. Nifty Pharma and Nifty IT were among the biggest gainers.
TVS Group has agreed to acquire a minority stake of up to 9.9% in Jana Small Finance Bank, through a mix of primary warrant issuance and secondary share purchases. Of this, TVS Motor Company (-5.07%) will hold 4.9%, subject to regulatory and customary approvals.. Jana Bank, with 12 million customers across 822 outlets in 23 states and 2 UTs, reported advances and deposits exceeding ₹35,000 crore each as of March 31, 2026.
Patratu Vidyut Utpadan Nigam Ltd (PVUNL), NTPC’s (-1.76%) subsidiary, has successfully completed the trial operation of its 800 MW Unit‑2, which now counts toward NTPC’s installed capacity. With this addition, NTPC Group’s total installed capacity has risen to 90,668 MW, reflecting its steady expansion in India’s power generation sector.
Tega Industries (-1.85%) approved a ₹1,500 crore borrowing facility from Standard Chartered Bank and other institutions to fund its proposed Molycop acquisition (disclosed in Nov 2025). The facility will be channelled through Tega MC Investment Pte. Ltd., which will further invest in Tega MC JV Holdings Pte. Ltd., with terms detailed in the agreement and disclosures aligned to SEBI norms. Additionally, Tega will invest up to $5 million in Tega MC Investment via optionally convertible redeemable preference shares, supporting operational expenses and contingencies. This dual financing structure debt for acquisition and equity infusion for stability — underscores Tega’s strategic intent to expand globally in the mining consumables and G R Infraprojects industrial solutions space.
Nasarpore Malotha Highway Pvt Ltd, a wholly owned subsidiary of G R Infraprojects (+0.58%), signed a ₹1,453.57 crore concession agreement with NHAI on 18 May 2026 for upgrading a key stretch of NH 56 in Gujarat. The project covers 60.21 km from Nasarpore (Umarpada Taluka) to Malotha (Vyara Taluka), converting the existing two lane carriageway into a four lane divided highway. Executed under the Hybrid Annuity Mode (HAM), it combines EPC and BOT features, with a completion and operation timeline of 910 days from the appointed date.
Marine Electricals (India) (+2.23%) announced new orders worth ₹208.72 crore (ex tax) from two major clients. From Adani Infra (India) Ltd, it will supply a power distribution system, with delivery scheduled over 12–14 months, reinforcing its long standing partnership in critical electrical solutions. From Udupi Cochin Shipyard Ltd, Marine Electricals will deliver an Alarm Monitoring System, with a 24 month timeline.
Lumax Auto Technologies (-0.42%) completed its amalgamation with IAC International Automotive India Pvt Ltd, effective 18 May 2026, following the filing of the certified NCLT order with the Registrar of Companies. The merger, sanctioned by the Hon’ble NCLT, New Delhi Bench, integrates IAC (the Transferor Company) into Lumax Auto Technologies (the Transferee Company), along with the respective shareholders and creditors.
Bondada Engineering (+1.05%) secured ₹469.52 crore in orders from Adani Group companies for a 250 MW solar project at Khavda, Kutch (Gujarat). The contracts cover the Balance of System (BOS) package, including supply of goods and onsite services, awarded by Adani Green Energy Ltd and Adani Green Energy Six Ltd. This project is part of the rapidly expanding Khavda renewable energy hub, which has emerged as a cornerstone of India’s clean energy ecosystem.
Tata Power Company (-0.65%) and Druk Green Power Corporation Ltd have signed an MoU in Thimphu to establish a comprehensive skill development ecosystem for Bhutan’s clean energy sector. The partnership aims to build a future ready workforce to support both immediate and long term requirements of clean energy projects jointly developed by Tata Power and DGPC. The MoU signing, attended by Bhutan’s Prime Minister Tshering Tobgay, underscores the strategic importance of India–Bhutan clean energy collaboration.
Maruti Suzuki India (-1.55%) commenced commercial production at its second Kharkhoda plant in Haryana, adding 2.5 lakh units annual capacity and effectively doubling Kharkhoda’s output to 5 lakh units. With this addition, Maruti Suzuki’s total annual production capacity across Gurugram, Manesar, Kharkhoda, and Hansalpur (Gujarat) has reached 26.5 lakh units. Once fully scaled, Kharkhoda is expected to become one of Suzuki’s largest global four wheeler manufacturing hubs, with a capacity of 1 million vehicles per annum.
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:
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