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Prachi Mehta

24th Dec · SEBI-Registered Analyst

Stocks in news today

!Vikran Engineering (VEL) has received a major work order worth Rs 2,035.26 crore from Onix Renewables, a special purpose vehicle (SPV), for the development of 600 MW AC solar power projects across multiple locations in the state of Maharashtra. The work order, accepted on December 23, 2025, entails execution of the project on a turnkey EPC basis, covering end-to-end activities including design, engineering, procurement, supply, erection, testing, and commissioning. The scope of work also includes the supply of key components such as solar PV modules and inverters. The project is expected to be completed within a 12-month timeline.

ZYDUSLIFE
’ wholly owned subsidiary -- Zydus Lifesciences Global FZE, United Arab Emirates has entered into a strategic partnership with Bioeq AG (Bioeq), a Swiss biopharmaceutical company, for the licensing, supply and commercialization of Bioeq’s Vascular Endothelial Growth Factor (VEGF) inhibitor NUFYMCO, an interchangeable biosimilar of Lucentis (Ranibizumab) for the U.S. market. The Biologics License Application (BLA) for NUFYMCO has been approved by U.S. Food and Drug Administration (USFDA) on December 18, 2025. !ITCONS E-Solutions has been awarded a new contract by the Directorate of Enforcement, Department of Revenue, Ministry of Finance, Delhi, to provide 38 resources for a period of one year. The total contract value is Rs 1.59 crore inclusive of all taxes and duties.
JIOFIN
has subscribed to and has been allotted 5,00,00,000, 8.1% Optionally Convertible Preference shares of Rs 10 each of Jio Leasing Services (JLSL), wholly owned subsidiary, for cash at par, aggregating Rs 50 crore. JLSL will utilise the amount to fund its business operations. The aggregate investment by the Company in JLSL till date is Rs 120.05 crore.

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