On Thursday, 2448 stocks advanced, 1742 declined, and 166 remained unchanged on the Bombay Stock Exchange with an advance-decline ratio of 1.42, indicating a positive closing. Moneylife’s Market Breadth Indicators remained in bearish territory. The trend of the major indices on Thursday’s trading is given in the table below.
On NSE, 28 securities advanced and closed at a new 52-week high, whereas 105 securities sank to close at their new 52-week lows. Nifty Auto, Nifty Metal; and Nifty Pharma were the biggest gainers. Nifty Media was the only loser.
Sanghvi Movers (-0.10%), Asia’s largest crane rental company, signed an MoU with Action Construction Equipment at EXCON 2025. It will add indigenously manufactured heavy slew cranes (truck & crawler) to SML’s fleet, boosting efficiency, service breadth, and leadership in heavy lifting.
Diamond Power Infrastructure (DICABS) (+0.30%) received a ₹75.14 crore supply order from Amara Raja Infra Pvt Ltd, inclusive of GST. The contract covers 110 km of 19/33 kV HT cables with water‑tight conductors and 456 km of 1.9/3.3 kV LT cables. Placed on a kilometre‑rate basis with price variation, the order strengthens DICABS’ book heading into 2026.
Tembo Global Industries (+4.84%) disclosed that it is in active talks with a large corporate group for multiple high‑value infrastructure projects. The potential orders, spanning port construction, data centers and fuel farm systems, are expected to exceed ₹700 crore. Scope includes civil, MEP and HVAC works, with the update shared as part of ongoing business disclosures.
Cyient (+1.35%) expanded its Middle East footprint with a strategic focus on Energy, Utilities, Transportation and Connectivity. As part of this move, it acquired Abu Dhabi & Gulf Computer Est. (ADGCE), boosting capabilities in digital transformation, IoT, asset management and field engineering. The expansion aligns with Saudi Vision 2030 and UAE Vision 2031, supporting smart city, sustainability and modernization mandates across the region.
Astra Microwave Products (+2.00%) won a ₹171.38 crore contract from the Indian Meteorological Department (IMD). The deal covers six Klystron-based S-band Polarimetric Doppler Weather Radars, AWS units and Disdrometers, with a 3‑year warranty plus 7‑year CAMC. Execution is slated within 18 months, with the company confirming no related‑party involvement in the award.
InterGlobe Aviation (+0.28%) issued a second clarification on Dec 11, 2025 regarding disruptions between Dec 3–5. The airline confirmed refunds have been processed, with additional support via ₹10,000 travel vouchers for severely impacted passengers. Further, IndiGo will provide ₹5,000–₹10,000 compensation in line with government rules for cancellations within 24 hours of departure.
Oswal Pumps (+6.48%) won a ₹380 crore order from MSEDCL under the PM‑KUSUM Yojana. The contract covers 13,738 off‑grid DC solar water pumping systems, to be delivered, installed, tested and commissioned across Maharashtra. Execution is slated within one year, strengthening Oswal’s role in renewable energy‑driven agri‑infrastructure.
Piccadily Agro Industries (-0.05%) unveiled a Mumbai‑exclusive edition of its Indri Single Malt City Series, crafted for Ospree Duty Free. The Hand‑Selected Red Wine Cask celebrates Mumbai’s spirit and creative pulse, serving as a tribute to the city’s people and energy. Available only in travel retail, it offers global travellers a rare, limited‑edition expression of Indian single malt craftsmanship.
Centum Electronics (+4.97%) signed a teaming agreement with Indra Air Traffic Inc, a global leader in defence and air traffic solutions. The partnership will manufacture advanced air navigation systems in India, tailored for the Indian Navy’s operational needs. This marks a key step in Aatmanirbhar Bharat, enabling access to world‑class technology produced domestically and supporting defence modernization.
Shakti Pumps (India) (+14.00%) secured a ₹443.78 crore order from MSEDCL under the PM‑KUSUM Yojana. The project covers 16,025 off‑grid DC solar pumps (3 HP, 5 HP, 7.5 HP) to boost sustainable irrigation across Maharashtra. Execution—spanning design to commissioning—must be completed within a strict 60‑day timeline, underscoring urgency ahead of key crop cycles.
RMC Switchgears (+0.01%) commissioned 8.8 MWac at Shevgaon, Ahmednagar, under its 46 MWac solar EPC project for MAHAGENCO. The milestone, worth ₹38.49 crore of the ₹153.98 crore contract, keeps the turnkey project on track for completion. Once fully operational, the plant will deliver clean, reliable power to rural communities, boosting irrigation, reducing diesel reliance, and driving sustainable development in Maharashtra.
Alembic Pharmaceuticals (+0.20%) received USFDA final approval for its Loteprednol Etabonate & Tobramycin Ophthalmic Suspension (0.5%/0.3%). The product, available in 5 mL and 10 mL packs, is a therapeutic equivalent to Bausch & Lomb’s Zylet. It is indicated for steroid‑responsive inflammatory eye conditions with bacterial infection risk, strengthening Alembic’s US portfolio.
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:
