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Prachi Mehta

4th Dec · SEBI-Registered Analyst

Stocks in news today

!AdaniConneX, a joint venture of

ADANIENT
, has incorporated a wholly owned subsidiary (WOS) namely ‘AdaniConneX Hyderabad Three’ in India on December 3, 2025 to carry out the business of construction, development and operation of Data Center.
RVNL
has received Letter of Acceptance (LoA) from Southern Railway for Design, Supply, Erection, Testing & Commissioning of Traction Sub Stations (Scott-Connected) inclusive of Power Quality Compensating Equipment with Associated Switching Posts (SP/SSP) for 2x25 KV at Feeding System and SCADA & Automatic Fault Locator (AFL) in Jolarpettai Jn. Salem Jn. (JTJ-SA) Section of Salem Division of Southern Railway in connection with mission 3000MT loading target. Cost of work is Rs 145.34 crore. RailTel Corporation of India has received the work order from Mumbai Metropolitan Region Development Authority for Selection of System Integrator (SI) for Design, Development and Implementation of Regional Information System for Mumbai Metropolitan Region and Urban Observatory at MMRDA, Mumbai. Broad consideration or size of order is Rs 48.78 crore (Excluding Tax).
LEMONTREE
has signed its latest property, ‘Lemon Tree Hotel’, Pacific Mall, Jaipur. This property shall be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels Limited. It will further strengthen the company’s presence in Rajasthan, while catering to both business and leisure travellers for a fresh, vibrant, and value-driven experience.
JSWSTEEL
has completed the acquisition of 100% equity interest in Saffron Resources (Saffron) on December 3, 2025, in accordance with the Share Purchase Agreement as amended from time to time. Consequently, Saffron has now become a wholly-owned subsidiary of the company.

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