Stocks to Watch: Coforge, PNB, Timex, NBCC Set for Volatility on Dec 29

Business
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Moneycontrol•29-12-2025, 08:46
Stocks to Watch: Coforge, PNB, Timex, NBCC Set for Volatility on Dec 29
- •Coforge to acquire US-based Encora for $2.35 billion; board approves $550 million fundraise.
- •Punjab National Bank reports ₹2,434 crore loan fraud by former SREI promoters to RBI.
- •Timex Group India promoter to sell 4.47% stake via OFS at ₹275 per share on Dec 29-30.
- •NBCC resolves dispute with Delhi government, secures 21.23-acre plot for ₹220 crore, targeting ₹8500 crore revenue project.
- •Vedanta wins Depo Graphite-Vanadium Block in critical mineral auction; Stylam Industries faces ₹991.46 crore open offer.
Why It Matters: Major corporate actions and strategic deals across key companies will drive significant stock movements on December 29.
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