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Prachi Mehta

25th Aug 2025 · SEBI-Registered Analyst

Stocks to keep on radar today

RELIANCE
’ step-down wholly owned subsidiary--Nauyaan Tradings (NTPL) has acquired from Welspun Corp (WCL), the balance 6.1% equity stake in Nauyaan Shipyard (NSPL), for an aggregate consideration of Rs 45.32 crore. With this acquisition, NSPL has now become a step-down wholly owned subsidiary of the company.
WELCORP
has sold the remaining 6.1% equity shares of Nauyaan Shipyard (NSPL) to Nauyaan Tradings (wholly-owned subsidiary of Reliance Strategic Business Ventures), at a consideration of Rs 45.32 crore including net current assets and adjustments, and subject to any subsequent adjustments for expenses to the account of the company. Consequently, the company is now not holding any shares in NSPL.
BRIGADE
Group has launched its latest residential offering, Brigade Lakecrest, a thoughtfully designed development nestled beside the picturesque Bhattarahalli Lake on Old Madras Road, Bengaluru. Brigade Lakecrest will be developed under a Joint Development model, with a total development area of approximately 9.33 lakh square feet and a projected revenue potential of over Rs 950 crore. The project has received RERA approval as of June 24, 2025, with a scheduled completion in March 2030. The project will feature 604 premium 1, 2, and 3 BHK residences with expansive balconies to capture tranquil views of the lake and the surrounding layered landscape design. Meta Infotech has received a renewal of purchase orders, aggregating to Rs 28.86 lakh. The company has secured an order worth Rs 20.86 lakh for annual subscription for a secure data services license package, including enhanced support and coverage. Further, it has secured another order worth Rs 8.00 lakh for annual subscription for cloud-based security services.

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