13 stocks in focus on Wednesday – Shree Digvijay Cement, TCS, Infosys, Bombay Burmah, Vedanta, HUL, TCS, Choice Intl, BoB, Azad Engg, Niraj Cement, Aion-Tech, GR Infraprojects

The Competition Commission of India (CCI) on Tuesday approved a proposed deal involving two cement companies — Digvijay Cement and Hi-Bond — and an alternative investment fund. Under the planned multi-layered transaction, India Resurgence Fund (IndiaRF), an alternative investment fund, will acquire a stake in Digvijay Cement Company, and the latter will snap up shareholding in Hi-Bond Cement (India). In a release on Tuesday, the CCI said it has approved the deal.

IT services giant Infosys’ largest-ever share buyback programme worth ₹18,000 crore is set to open for subscription on Thursday and will close on November 26, according to a regulatory filing. The company aims to buy back 10 crore fully paid-up equity shares of face value ₹5 each, representing up to 2.41 per cent of the total paid-up equity share capital, at ₹1,800 per share. Eligible shareholders can tender their equity shares during the tendering period from November 20-26, 2025.

Bombay Burmah Trading Corporation on Tuesday announced that it has terminated its agreement with MSTC Ltd. The agreement allowed the latter to act as a selling agent for the company’s immovable properties via e-auctions.

Vedanta Ltd on Tuesday said it has incorporated a wholly-owned arm at the International Financial Services Centre in Gujarat’s GIFT City to strengthen its treasury and capital market operations. In a regulatory filing, the company said the move is part of its broader objective to achieve financial excellence, capital efficiency, and optimise liquidity management and cost of funding.

Vedanta Ltd on Tuesday said it has incorporated a wholly-owned subsidiary at the International Financial Services Centre in Gujarat’s GIFT City. The new arm will strengthen its treasury and capital market operations. In a regulatory filing, the company said the move is part of its broader objective to achieve financial excellence, capital efficiency, optimised liquidity management, and lower cost of funding.

Hindustan Unilever Limited (HUL) on Tuesday announced the appointment of Bobby Parikh, former CEO of Ernst & Young India, as an Independent Director to its Board, effective December 1, 2025. His appointment is for a period of five years, subject to shareholders’ approval, HUL said in a statement.

Choice International on Tuesday announced that its subsidiary, Choice Consultancy Services, has acquired a 100 per cent stake in advisory firm Ayoleeza Consultants. Ayoleeza Consultants provides specialised consultancy services across railways and metros, roads and highways, and urban infrastructure in the country and neighbouring countries. The company currently manages live orders worth over ₹200 crore along with its partners, with nearly 69 per cent of these projects operating on time-based payment contracts, ensuring consistent monthly revenue, Mumbai-based Choice International said in a statement without disclosing financial details.

Small Industries Development Bank of India (SIDBI), the principal financial institution for promoting, financing and development of MSMEs and startups, and Bank of Baroda (BOB) have signed an Memorandum of Understanding (MoU) to jointly enhance credit flow, expand working capital access, and strengthen financial support for MSMEs and startups across India in line with the vision of Viksit Bharat 2047.

Azad Engineering has signed a Master Terms Agreement & Purchase Agreement with Pratt and Whitney Canada Corp, Canada, for development and manufacturing of aircraft engine components. This agreement establishes a framework for long-term collaboration aimed at strengthening Azad’s manufacturing capabilities in the aerospace sector’, in alignment with national strategic priorities.

Indian Railways has awarded a contract to ROQIT, a wholly-owned subsidiary of Aion-Tech Solutions Ltd, to design and deploy an AI-powered parcel logistics platform. Aion-Tech Solutions is also pioneering sustainable multimodal transportation solutions through its subsidiary ETO Motors.

Niraj Cement Structurals Ltd has received work order for the “Reconstruction of Approaches at Sion Railway Station ROB (Railway Over-Bridge) at km. 12.995” from Municipal Corporation of Greater Mumbai (MCGM), valued at ₹19.57 crore including GST.

Tata Consultancy Services a global leader in IT services, consulting, and business solutions, has been selected by the National Health Service (NHS) Supply Chain for application development support and maintenance of its core business systems and cloud infrastructure platforms, over a period of 5 years. TCS will deploy a host of cloud and AI-enabled solutions to modernise NHS Supply Chain’s IT systems and enhance overall operational efficiency. 

GR Infraprojects has emerged as the lowest (L-1) bidder for a ₹262.28-crore railway infrastructure project under Western Railway. The contract involves the gauge conversion of a 38.9 km track from Kosamba to Umarpada in the Vadodara division. 

Published on November 19, 2025