At the same time, rotational strength in heavyweight stocks across sectors is providing support and helping the index hold its ground amid the ongoing consolidation phase.
In today’s trade, shares of RBL Bank, Hyundai India, SBI, Zydus Life, Delhivery among others will be in focus due to various news developments.
Tata Power said it is aiming for a capex of Rs 25,000 crore in the current fiscal year and will look to maintain the same annual spend till FY30. As per an investor presentation, 65 per cent of the capex is aimed at clean energy projects. Tata Power, which made a capital expenditure (capex) of Rs 17,273 crore in FY25, almost doubled the same to Rs 25,000 crore in FY26.
Hyundai India
Hyundai Motor India said its shareholders have approved the appointment of Tarun Garg as its Managing Director and Chief Executive Officer with effect from January 1. The ordinary resolution seeking approval of Garg’s appointment was approved by shareholders in a postal ballot through remote e-voting with 99.75 per cent of votes polled in favour, Hyundai Motor India Ltd (HMIL) said in a regulatory filing.
RBL Bank
RBL Bank announced that its Chief Financial Officer, Buvanesh Tharashankar, has resigned from his position to pursue opportunities outside the bank. His resignation took effect from the close of business hours on December 15, the lender said in a regulatory filing.SBI
State Bank of India has appointed Ravi Ranjan as its managing director with effect from December 15, India’s largest public lender said. The appointment was notified by the Department of Financial Services under the Ministry of Finance through a government notification issued on December 15.
Texmaco Rail
Texmaco Rail said it has secured a Rs 132-crore order from Touax Texmaco Railcar Leasing Pvt Ltd (TTRL), its joint venture with France-based Touax Group, for supply of rakes. The order of BLSS and BVCM wagons will be executed in phases, with full delivery scheduled by July 2026, in line with prescribed quality, safety and performance standards, the company said.
Zydus Life
Sentynl Therapeutics, Inc, a US-based biopharmaceutical company wholly-owned by Zydus Lifesciences, announced that the US FDA has accepted the resubmission of its New Drug Application (NDA) for copper histidinate (CUTX-101), intended to treat Menkes disease in pediatric patients.
Can Fin Homes
The Board of the company declared an interim dividend of Rs 7 per equity share for the financial year 2025-26. The company had also informed exchanges that December 19 has been fixed as the record date to determine the list of eligible shareholders for the payment of said dividend. This will be credited to the shareholders within 30 days from the date of declaration.
Delhivery
Delhivery announced the launch of its on-demand intracity shipping on the Delhivery Direct app for customers in Mumbai and Hyderabad. The service offers pickups within 15 minutes of booking. The service caters to small businesses, D2C brands, and individuals who require local ondemand shipping. Its features include real-time tracking and a network connecting commercial and residential hubs across Mumbai and Hyderabad.