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Stocks to Watch: IT sector, GAIL, Emcure Pharma, Coal India and more

Published on 23/12/2025 10:35 PM

Indian IT sector faces challenges as US alters H-1B visa rules; updates from GAIL, Adani Ports, Emcure Pharmaceuticals, Tata Steel, Ola Electric, and more. Here are few stocks to track ahead of Wednesday's trading session.IT sector | The Indian IT sector faces potential headwinds as the US Department of Homeland Security replaces the H-1B visa lottery with a weighted selection system favouring higher-paid and higher-skilled workers. Companies like TCS, Infosys, and Wipro may need to rethink hiring strategies for mid- and entry-level talent that has traditionally relied on the programme. The shift could weigh on IT stocks if it limits access to the US market or increases costs for deploying talent abroad.GAIL (India) Ltd | The Chhattisgarh government has signed an MoU with GAIL to explore a greenfield gas-based fertiliser project in the state, with GAIL to conduct feasibility studies for a 12.7 lakh tonnes-per-annum urea plant along its Mumbai–Nagpur–Jharsuguda gas pipeline corridor.Vikran Engineering | The company said it has secured a ₹2,035.26 crore EPC order from Onix Renewables for a 600 MW AC solar power project in Maharashtra, to be executed within 12 months across multiple locations.Adani Ports and Special Economic Zone | APSEZ said it has completed the acquisition of Australia’s North Queensland Export Terminal, prompting an upgrade of its FY26 guidance with EBITDA now seen at ₹22,350–23,350 crore and cargo volumes at 545–555 MMT.Spandana Sphoorty Financial Ltd | said its board has approved the private placement of ₹415 crore worth of non-convertible debentures, with the microfinance lender allotting 41,500 listed, rated, senior and secured NCDs of ₹1 lakh each to strengthen its funding base.Emcure Pharmaceuticals | The company said it has received a ‘No Action Indicated’ classification from the US FDA for its Gujarat manufacturing facility, following a surveillance inspection conducted in October 2025 with no observations raised.Tata Steel | The Competition Commission of India has approved Tata Steel’s acquisition of the remaining 50% stake in Tata BlueScope Steel, enabling it to gain sole control of the company previously operated as a 50:50 joint venture with Australia’s BlueScope Steel.Ola Electric Mobility | The company said its wholly owned subsidiary Ola Electric Technologies has approved the allotment of 10 crore optionally convertible redeemable preference shares worth ₹100 crore as part of the third tranche of IPO proceeds infusion.Coal India Ltd | The public sector undertaking said its board has given in-principle approval for the listing of its wholly owned subsidiary South Eastern Coalfields Limited, following the Ministry of Coal’s directive to advance the government’s divestment roadmap.Ajanta Pharma | The company said it has signed an in-licensing agreement with Biocon for semaglutide, securing exclusive marketing rights in 23 countries and semi-exclusive rights in three others across Africa, the Middle East and Central Asia, with plans to launch after regulatory approvals in late 2026 or early 2027.Zydus Lifesciences | The company said it has partnered with Switzerland-based Bioeq AG to license, supply, and commercialise NUFYMCO, a biosimilar to Lucentis, in the US market, with Bioeq handling development and manufacturing.SJS Enterprises | The company said it has signed a technology licence-cum-supply agreement with Hong Kong-based BOE Varitronix to undertake optical bonding and assembly of automotive display systems in India for the domestic four-wheeler market.Rail Vikas Nigam Ltd | RVNL said Saleem Ahmad has been appointed as its Chairman and Managing Director with effect from December 23.Godfrey Phillips India | The company said it has filed an insurance claim of ₹344.49 crore after a fire at a third-party tobacco processing and storage facility in Andhra Pradesh, where its tobacco inventory was held.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.