Stocks to Watch & Key Stock Updates for July 21 – Deals, Approvals & Big Moves

Dr Reddy’s Laboratories will be in focus after the USFDA completed a GMP and Pre-Approval Inspection at its Srikakulam facility (FTO 11) and issued a Form 483 with 7 observations. The inspection was held from July 10 to 18. IDFC First Bank has received RBI approval for Currant Sea Investments B.V. (Warburg Pincus affiliate) to invest up to 9.99% in the bank—bringing fresh interest from global private equity. Sona BLW Precision Forgings (Sona Comstar) has signed a joint venture deal with Jinnaite Machinery Co. of China. Sona will invest $12 million while Jinnaite contributes $8 million in the first phase. The JV will manufacture driveline systems for auto OEMs in China and globally. IRCON International has received a ₹755.8 crore order from Rail Vikas Nigam through a 70:30 JV with JPWIPL. Additionally, it bagged two more work orders from MMRDA for Mumbai Metro. TVS Supply Chain Solutions is expanding its global footprint. Its UK arm, TVS Logistics Investment UK, acquired an additional 30% stake in Germany-based TVS Autoserv GmbH, raising its holding to 81%. Godrej Properties announced leadership changes. Amitesh Shah has been named Zonal CEO – MMR, replacing Priyansh Kapoor. Also, Sandeep Navlakhe will take over as COO from August 1. Firstsource Solutions is set to acquire Pastdue Credit Solutions, a UK-based debt collection firm. The deal is pending approval from the UK's Financial Conduct Authority (FCA). AWL Agri Business saw a major bulk deal. Adani Commodities LLP exited by selling its entire 13.54 crore shares worth ₹3,732.5 crore to a host of big investors like IDFC MF, Bandhan MF, Morgan Stanley, Vanguard Funds, and more at ₹275.5/share. Lastly, Anthem Biosciences debuts on the mainboard today, and Spunweb Nonwoven lists on the SME platform. A busy day for stock watchers with moves across pharma, banking, auto, infrastructure, logistics, and real estate. Keep an eye on these counters for action!