Stocks to Watch on Dec 29, 2025: PNB, Vedanta, Lenskart, Ola Electric & More in Focus

The GIFT Nifty signalled a mildly positive start for the NSE Nifty 50 on Monday, with the futures contract trading higher by 0.14%, or 36 points, at 26,096 as of 8:15 AM.

Coforge

Coforge announced plans to acquire Encora US by the second quarter of FY27. To fund the acquisition, Coforge said it will raise capital through a qualified institutional placement (QIP). The move is part of Coforge’s strategy to strengthen its presence in the global IT services market.

Punjab National Bank

Punjab National Bank (PNB) reported a loan fraud amounting to ₹2,434 crore involving the erstwhile promoters of SREI Equipment Finance and SREI Infrastructure Finance. The public sector lender clarified that the entire outstanding exposure has already been fully provided for in its balance sheet.

Vedanta

Vedanta received an order from Bengaluru tax authorities imposing a penalty of ₹31.52 lakh, which includes the tax component. The company said it has received the order and will take appropriate steps as required.

Lenskart Solutions

Lenskart Solutions informed that its subsidiary, Stellio Ventures, S.L., has approved the incorporation of a new subsidiary named Stellio Ventures UK. The approval was granted on December 26 as part of Lenskart’s overseas expansion plans.

Tech Mahindra

Tech Mahindra said the board of Mahindra Educational Institutions has approved the allotment of 1.65 million shares on a preferential basis. The shares will be issued through a private placement to the Mahindra Knowledge Trust.

Sigachi Industries

Sigachi Industries disclosed that its Director and CEO, Amit Raj Sinha, was remanded on December 27 in connection with the ongoing investigation into the fire incident at the company’s Hyderabad unit in Pashamylaram, which occurred in June.

Ola Electric

Ola Electric announced that it has scaled up deliveries of 4,680 Bharat Cell-powered electric two-wheelers across Tamil Nadu, Kerala, Telangana, and Karnataka. The company has also begun deliveries in Coimbatore, Kochi, and Hyderabad, while further ramping up deliveries in Bengaluru.

Also Read: Wipro vs Infosys: Which IT Services Company Delivered Highest Earnings in Q2FY26?

Conclusion

Market participants are likely to track these stocks closely as company-specific developments dominate the news flow. While the mildly positive GIFT Nifty signals a steady start, updates on acquisitions, regulatory actions, governance issues, and expansion plans could drive stock-specific moves through the session.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.