Daily trending news …
Devyani International and Sapphire Foods India announced a merger to form India’s biggest quick-service restaurant entity, operating over 3,000 KFC, Pizza Hut, and Taco Bell outlets effective April 1, 2026. Approved via share-swap (177 DIL shares for 100 SFIL shares), the deal awaits regulatory nods and is expected to complete in 12-15 months.
ITC Ltd shares crashed up to 9.8%—the steepest fall since 2020—after the government announced higher taxes on tobacco products effective February 1, 2026. Godfrey Phillips India dropped 17.6%. New excise duty of ₹2,050-8,500 per 1,000 cigarettes, plus 40% GST, replaces the scrapped compensation cess. Analysts expect ITC, deriving over 40% revenue from cigarettes, to raise prices by at least 15%. T
RRP Semiconductor’s shares skyrocketed 55,000% in 20 months to Dec 2025, reaching ₹14,000 crore valuation on AI/semiconductor hype despite no manufacturing, only 2 employees and negative revenue (₹6.82 Cr loss in Sep quarter). 98% shares held by promoter group caused low float and 149 upper circuits. SEBI investigates irregularities as rally cools with weekly trading curbs.
Bajaj Finance offloaded 1.9994% stake (16.66 crore shares) in Bajaj Housing Finance on Dec 2, 2025 via bulk deal at Rs.95.31, raising Rs.1,588 crore to comply with minimum public shareholding norms. Bajaj Housing shares plunged 9% to a 52-week low of Rs.94.90 on block-deal buzz but rebounded 1.24% to Rs.98.20 the next day. Bajaj Finance’s holding now stands at 86.7%, while its own stock dipped 0.4
Loan against shares allows investors to borrow up to 50% of the market value of their stocks, providing quick access to funds without selling shares. However, market volatility can trigger margin calls requiring cash top-ups or forced share liquidation if the collateral value drops significantly.
SBC Export shares have increased by 6%, reaching a 52-week high due to robust second-quarter earnings and favourable conditions in the Indian stock market. The company’s net profit surged 104% year-on-year, reflecting significant operational growth.
State Bank of India greenlit divesting 6.3% (32.06M shares) in SBI Funds Management Ltd through an IPO, retaining majority control. India’s top asset manager with Rs.4,231 Cr FY25 income (0.64% of SBI Group) and Rs.5,108 Cr reserves eyes Rs.1 lakh Cr valuation in 2026 listing. Framework agreement signs November 10. SBI shares edged 0.2% higher to Rs.957.7 amid market optimism for the largest-ever
