Stocks to watch today: Vodafone Idea, NBCC, NCC and more will be in focus
On the last trading day of 2025, the Indian equity market witnessed a sprightly rally. Today, on the first day of 2026, investors will be keeping a watch on the following stocks which are expected to see activity on due to a variety of developments.
Kolkata: Several stocks will be in focus on the first trading day of 2026, thanks to a variety of developments on the corporate front, changes in the management and significant deals and even relief packages thrown in by the government. The sectors involved are banking, telecom, infrastructure, auto, and logistics sectors. These stocks include Vodafone Idea, Berger Paints India, NBCC, NCC, Adani Enterprises, and Canara Bank. Let's have a close look.
Stocks in focus
Vodafone Idea: The Union cabinet has approved a relief package for this telecom player. Vodafone Idea has entered into a revised agreement with Vodafone Group. Under this agreement, the company is to receive approximately Rs 5836 crore from the promoter Vodafone Group. Of this, a fixed amount of Rs 2307 crore will be released in the next 12 months. This agreement is related to the Contingent Liability Adjustment Mechanism created at the time of the merger of Vodafone India and Idea Cellular. A portion of the CLAM amount is secured by pledging 328 crore equity shares of the company by some shareholders of Vodafone Group, whose current market value is approximately Rs 3529 crore.
Canara Bank: The central government has given Hardeep Singh Ahluwalia additional charge as MD and CEO of Canara Bank. He will discharge duties for a period of three months starting January 1st. This decision was taken after the retirement of the current MD and CEO, K Satyanarayana Raju, on December 31, 2025. Currently, Hardeep Singh Ahluwalia is working as an executive director of the bank.
NBCC India: NBCC has received three orders totaling over ₹220 crore from Canara Bank and Navodaya Vidyalaya Samiti. The largest order, worth ₹163 crore, is for the planning, design, and construction of Canara Bank's head office annex building in Bengaluru.
NCC: NCC has received four new orders totaling Rs 1,237 crore in December 2025. Approximately Rs 704 crore of these orders are related to the building division, while approximately Rs 532 crore are related to the transportation division.
Great Eastern Shipping Company: The company has entered into an agreement to purchase a second-hand medium-range tanker with a capacity of approximately 51,565 DWT. The vessel was built in South Korea in 2013 and is expected to join the company's fleet in the fourth quarter of FY26.
Berger Paints India: Berger Paints' promoter, UK Paints India, has acquired a 14.48% stake in the company from Jenson and Nicholson Asia as part of a restructuring. This increases the promoter's total stake to 64.57%.
Hyundai Motor India: Unsoo Kim, Managing Director and Director of Hyundai Motor India, has resigned effective December 31. The company has received shareholder approval to appoint Tarun Garg as the new Managing Director and Chief Executive Officer, who will assume the position on January 1, 2026.
Redington: Redington has received a demand notice of over ₹148 crore from the CGST Gurugram Commissionerate. This demand, including interest and penalties, pertains to the period from FY 2019 to 2022.
Blue Dart Express: Blue Dart's subsidiary, Blue Dart Aviation, has received significant relief. The GST and Central Excise department has dismissed most of the previously raised tax demand of over Rs 420 crore. The revised demand is now limited to Rs 64 lakh in tax, approximately Rs 41 crore in interest and Rs 6 crore in penalties, which the company has paid to avoid further disputes.
Adani Enterprises: Adani Enterprises' subsidiaries, Adani Defence Systems and Technologies and Horizon Aero Solutions, have completed the acquisition of a 39% stake in Flight Simulation Technique Centre. The deal was valued at approximately Rs 820 crore. FSTC is a DGCA and EASA-approved pilot training organisation.
Ola Electric Mobility: Vishal Chaturvedi, Business Head - Cell and Senior Management Personnel at the company, has resigned from his position effective December 31 due to personal reasons.
Indian Railway Finance Corporation: IRFC has signed a Rs 5000 crore rupee term loan agreement with Maharashtra State Power Generation Company. Of this, Rs 3000 crore has already been disbursed.
Take Solutions: Vedamirtham Venkatesan, Whole Time Director and Chief Financial Officer of Take Solutions, has resigned from his position effective December 31.
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