Coforge, Vedanta, Suzlon, PNB: Key Stocks to Watch on Dec 29

Business
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Moneycontrol•29-12-2025, 00:35
Coforge, Vedanta, Suzlon, PNB: Key Stocks to Watch on Dec 29
- •Coforge to acquire Encora for Rs 17,032.6 crore; plans $550 million QIP for debt repayment.
- •Vedanta declared successful bidder for Depo Graphite–Vanadium block, strengthening critical minerals portfolio.
- •Punjab National Bank reported a Rs 2,434 crore borrowal fraud to RBI against SREI Equipment and SREI Infrastructure Finance.
- •Timex Group India's promoter to sell 8.93% stake via OFS on Dec 29-30; floor price set at Rs 275 per share.
- •Solarworld Energy Solutions secured a Rs 725.33 crore EPC contract from NTPC Renewable Energy for a 250 MWac solar project.
Why It Matters: Major corporate actions, acquisitions, and financial updates drive market focus for top stocks today.
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