SUMMARY
Stocks to watch, Piramal Enterprises, Thomas Cook, Kirloskar Industries, Kalpataru Projects, ITD Cementation and more, these are the stocks to watch for today.
Piramal Enterprises | Non-bank lender said it has invested ₹1,000 crore in its wholly-owned subsidiary, Piramal Capital & Housing Finance Ltd (PCHFL), through a rights issue subscription. The investment will be utilised by PCHFL for business and general corporate purposes. This transaction does not affect the shareholding structure, with Piramal Enterprises retaining 100% ownership of PCHFL.
Thomas Cook | Travel services provider disclosed a cyberattack targeting its IT infrastructure. Upon identifying the incident, the company promptly initiated an investigation and implemented measures to address the breach, including shutting down affected systems. The company is collaborating with leading cybersecurity experts to assess the extent of the attack and undertake necessary remedial actions.
Kirloskar Industries | The company said it intends to challenge a recent directive from the Securities and Exchange Board of India (SEBI), which, in a letter dated December 30, 2024, advised the company to disclose the deed of family settlement (DFS) dated September 11, 2009, entered into by the members of the Kirloskar family under the SEBI Regulations.
Kalpataru Projects | The company and its international subsidiaries said they have successfully secured new orders and notifications of awards totalling ₹1,011 crore. The new orders span several key sectors, including the transmission and distribution (T&D) business in overseas markets, the railway business in India, and the buildings and factories (B&F) within the country.
ITD Cementation | Engineering and construction firm said it has been awarded a marine contract valued at ₹1,648 crore (excluding GST). The project involves constructing nearshore reclamation and shore protection for the greenfield Vadhvan Port, located in Dahanu, Maharashtra. Situated in Palghar, Vadhvan Port will be India’s largest deep-water port with an investment of ₹76,220 crore.