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Buzzing stocks in today’s trade: Zomato, Nestle, Raymond Realty, Senco Gold, RMC Switchgears, Indo Count, Adroit Info, Wipro
BusinessLine· 2026-01-22 02:29
Group 1 - Eternal Group's CEO Deepinder Goyal is stepping down, with Albinder Dhindsa named as his successor effective February 1, indicating a transition aimed at maintaining business continuity while allowing Goyal to explore research-driven ventures outside the constraints of a listed company [1] - Nestle India Ltd has had its income tax department's appeals dismissed by the Supreme Court, providing closure to a long-running litigation involving ₹101.21 crore related to disallowed general licensing fees for multiple financial years [2] - Raymond Realty has launched 'The Address by GS, Wadala', a residential redevelopment project with an estimated revenue potential of ₹5,000 crore, marking its strategic entry into a rapidly evolving neighborhood in Mumbai [3] Group 2 - Simplex Infrastructures Ltd has been awarded a new EPC contract in the power sector worth approximately ₹154 crore, which will strengthen its order book [4] - Senco Gold Ltd has approved the acquisition of a 68% stake in August Jewellery Private Ltd for a total cash consideration of ₹68 crore, expected to be completed by April 30, 2026 [5] - RMC Switchgears Ltd has received Letters of Intent amounting to ₹27.94 crore for the supply of Fiber Reinforced Plastic fencing for transformer centres in various locations [6] Group 3 - Indo Count Industries has commenced commercial production of pillows at its new manufacturing facility in North Carolina, completing its coast-to-coast US manufacturing footprint [7] - Verso Altima India Pet Ltd has secured a major order worth ₹4.6 crore from Amdocs Development Ltd for Application Maintenance Support Services over five years [8] - Fischer Medical Ventures Ltd has announced an internal reorganization involving the transfer of shares in its foreign subsidiary to enhance operational efficiency [9] - Wipro Limited has incorporated a new step-down subsidiary in the US, Wipro Business Services LLC, to strengthen its global IT services operations [10]