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Promoter entity Sumedh Tools has sold a 6.56% equity stake in Belrise Industries Ltd through block deals, the company said in a regulatory filing on Tuesday. The sale forms part of promoter group stake rationalisation and does not result in any change in control or management of the company. Shares of Belrise Industries Ltd were trading 6.81% higher at ₹169.14 on the NSE at 3:07 PM on December 23.

IRB Infrastructure Trust has emerged as the preferred bidder for a National Highways Authority of India project in Odisha, according to a regulatory filing on Tuesday. Shares of IRB Infrastructure Developers Ltd were trading 1.83% higher at ₹42.76 on the NSE at 03:03 PM.

Mark Mobius, Chairman of Mobius Emerging Opportunities Fund, said cryptocurrencies are firmly here to stay, but their rapid expansion is now prompting central banks around the world to accelerate the development of sovereign digital currencies to counter the growing challenge posed by private crypto assets to traditional monetary systems. here

Rail stocks are trading higher today and Jupiter Wagons is one of the price shockers for the day. It is currently up 8.3%. It has gained 17.8% in the past month.

To about the price shockers and volume shockers at the moment, click here

Shares of Sun Pharmaceutical Industries Ltd. remain in focus after the US Center for Medicare and Medicaid Services proposed mandatory pricing models to introduce most favoured nation pricing across Medicare Part B and Part D drugs. here

Aurobindo Pharma Ltd said its wholly owned subsidiary, Helix Healthcare B.V., has entered into a binding agreement to acquire an additional 20% stake in Luoxin Aurovitas Pharma (Chengdu) Co. Ltd, China, for $5.125 million. here

Gold hits all time high at $4497 

Here are a couple of stock recommendations by Dharmesh Shah, Assistant VP, ICICI Securities:Buy Adani Ports with a stop loss of ₹1,375 and a target of ₹1,675Buy Ceat with a stop loss of ₹3,950 and a target of ₹4,300

Shares of Billionbrains Garage Ventures, the parent of Groww, slipped as much as 4% from the day’s high in Tuesday’s session, December 23. The stock is trading lower today after rising for three consecutive sessions. here

Belrise Ind | Promoter Sumedh Tools Sells 6.56% Equity In Co Via Block DealsAforesaid Sale Is Part Of Promoter Group Stake RationalisationPromoter Stake Does Not Result In Any Change In Control Or Management Of The Co

IRB Infra Trust | Emerges As Preferred Bidder For NHAI Project In Odisha

DCM Shriram Ind | Alok Bansidhar Shriram Resigns As Sr MD & CEO Effective Dec 23, 2025Board Approves Appointment Of Uday Shriram As Deputy MD & Addl Director w.e.f Dec 23, 2025

Aurobindo Pharma | Arm To Acquire Additional 20% Stake In Luoxin Aurovitas Pharma, China For $5.1 m

Ambuja Cements is becoming the preferred large-cap cement stock as industry consolidation pick up, according to Jyoti Gupta, Senior Research Analyst at Nirmal Bang Institutional Equities. She said Ambuja’s plan to amalgamate ACC and Orient Cement could unlock value for shareholders and improve operating efficiency.Gupta said the proposed merger addresses structural issues within the group and could lead to value accretion of over 12% for Ambuja shareholders, which she said is higher than some market estimates. “For shareholders, I think the valuation should be higher, more than 12% as per my numbers,” she said. She added that minority shareholders of Orient Cement could see an upside of around 7% to 8%, while the main benefit remains with Ambuja Cements. here

The company bagged the order from the school education department of the Punjab government.

Shares of Tata Capital Ltd., the largest IPO of 2025, surged as much as 5% to mark their biggest single-day gain since listing over two months ago.This is the second straight day of gains for Tata Capital, having closed above its IPO price for the first time after October 28.

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Here are a few stock recommendations by Chandan Taparia, Motilal Oswal Financial Services:Buy NMDC with a stop loss of ₹77 and a target of ₹86Buy Glenmark Pharma with a stop loss of ₹2,020 and a target of ₹2,150Buy HAL with a stop loss of ₹4,320 and a target of ₹4,650

Launches Hyperservice Centres With Same-day Svc Guarantee

Shares of auto components manufacturer Samvardhana Motherson International Ltd. are trading up to 3% lower from the day’s highs on Tuesday, December 23. The stock touched a 52 week high of ₹122.80 earlier in the session, even as it remains well below its record high of ₹144.67 hit on September 27, 2024.

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Shares of Shakti Pumps (India) Limited gained as much as 6% on Tuesday, December 23, after it received a letter of empanelment / award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply of 12,883 off-grid DC solar photovoltaic water pumping systems across Maharashtra. here

To launch 5 new EV models by FY30

Shares of IRCON International Ltd., RVNL Ltd., IRFC Ltd. and other railway stocks continued to rebound from the recent lows, extending their gains for the third straight day on Wednesday, December 23.IRCON’s move on Wednesday is the biggest single-day gain in the last six months. Volumes are also set to be the highest since June of this year. here

From Bloomberg | Noida International Airport partners with Tech Mah for network, cyber-security operations

The board of Granules India Ltd. has approved plans to raise up to ₹1,462.50 crore through the issuance of convertible warrants. The company will raise the funds by issuing 2.50 crore convertible warrants at a price of ₹585 per warrant.

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The board of Granules India Ltd. has approved plans to raise up to ₹1,462.50 crore through the issuance of convertible warrants. The company will raise the funds by issuing 2.50 crore convertible warrants at a price of ₹585 per warrant.

here

here

Here are a few stock recommendations by Mitessh Thakkar, Bonanza Portfolio:Buy Uno Minda with a stop loss of ₹1,274 and a target of ₹1,335Buy Bajaj Auto with a stop loss of ₹9,130 and a target of ₹9,240Buy Persistent Systems with a stop loss of ₹6,520 and a target of ₹6,650Sell Hero Motocorp with a stop loss of ₹5,721 and a target of ₹5,600

Mark Mobius, Chairman, Mobius Emerging Opportunities Fund AI Has Been Pushed Towards Bubble-like Territory       Some Companies Have Been Overemphasising Their AI Involvement        Hardware Is Crucial For AI Development              

AI Systems Are Penetrating Every Industry          

Chip Companies Like TSMC Are A Key Part Of The AI Ecosystem 

Peripheral Companies Supporting The AI Ecosystem Are Also Important 

Focus Will Be On Software And Computer Hardware Companies In India

AI Is Expected To Grow Rapidly In India Due To Its Large Population          

Focus On Companies Like Infosys And Hardware Manufacturers Supporting Apple In India             

Significant Software Work Is Happening In The Unlisted Space, Which Is The Key Focus Area         

We Generally Shy Away From Financials And Banks In India          

Gold Is Still Preferred And Should Be Part Of Every Investor’s Portfolio    

Digital Gold Likely To Grow With Development In AI        

10% Of My Personal Portfolio Is Invested In Gold              

See No Reason Why Gold Can’t Reach Around $5,000/Oz In The Next 12 Months

India Is The Most Important Emerging Market   

Crypto Is Here To Stay, With Every Country Looking To Develop Its Own Digital Currency

HC Allows Zydus Life To Manufacture Semaglutide, Export To Some Nations

Tamilnad Mercantile | Referral Partnership With Rugr FinTech To Source RBI-Licensed Payment Aggregators For UPI Merchant Collns

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