Stocks to Watch, November 24: Adani Enterprises, Adani Green, HAL, IDBI Bank, Kotak Mahindra Bank, Tata Motors PV, IndiGo, Aurobindo Pharma

At the same time, Tata Motors Passenger Vehicles Ltd will be dropped from the index, it added.

The changes have been announced by BSE Index Services Pvt Ltd (formerly Asia Index Pvt Ltd) as a part of the reconstitution of its indices, effective at the market open on Monday, December 22.

The board, on the occasion of the bank’s 40th foundation day, has approved the subdivision of one existing equity share of the bank having a face value of ₹5 each into equity shares having a face value of ₹1 each, fully paid up, Kotak Mahindra Bank said in a regulatory filing.

This move aims to make Kotak’s equity shares more affordable and enhance liquidity, thereby encouraging wider market participation, particularly among retail investors, it added.

The stock split is subject to regulatory and statutory approvals, it said.

However, the Court has vacated the previously granted injunction and directed the United States District Court, Northern District of Texas, Dallas Division, to reassess the injunction order basis direction of the Appeals Court.

The partnership will open up magicpin's large restaurant base for Rapido, which launched Ownly in August, and has been looking to scale beyond Bengaluru.

Once the onboarding process is complete, Rapido's Ownly will have access to over 80,000 restaurants across the country, whereas magicpin will gain access to Rapido's delivery fleet in certain locations.

The company will add 54,000 MTPA of new capacity at the plant, bringing its global packaging film capacity to 690,160 MTPA, up from 636,160 MTPA.

The Hyderabad-based drug major remains confident about sustaining its growth momentum and driving value creation across all businesses, he said.

"China (plant), as of date in the quarter, I will be incurring a loss of around maybe a million dollars, but, probably, we will be able to achieve the break-even between Q3 and Q4, and after that, China will start moving up in the overall contributing to the growth of the EBITDA growth," Subramanian said in an analyst call.

AdaniConneX (ACX), a joint venture of Adani Group flagship firm Adani Enterprises Ltd (AEL) and data centre operator EdgeConneX, has executed a share purchase agreement (SPA) on November 21, 2025, with Trade Castle Tech Park (TCTPPL) and Shree Naman Developers and Jayesh Shah (existing shareholders of TCTPPL) to acquire a 100% stake in TCTPPL, AEL said in a stock exchange filing.

"The object of acquisition is to set up infrastructure facilities," it said without elaborating. "The acquisition is expected to be completed by the end of November 25, 2025."

The purchase consideration for the acquisition is ₹231.34 crore, AEL said.

The French energy major currently holds almost 19% in Adani Group’s renewable energy arm through two subsidiaries—15.58% via TotalEnergies Renewables Indian Ocean Ltd and 3.41% through TotalEnergies Solar Wind Indian Ocean Ltd.

According to the data compiled from regulatory filings, the total combined sales bookings of 28 major listed realtors stood at ₹92,437 crore in the first six months of the current financial year.

In terms of sales bookings, Prestige Estates Projects Ltd emerged as the leading listed player in the April-September period of the 2025-26 fiscal year with pre-sales of ₹18,143.7 crore.

DLF Ltd, the country's biggest realty firm in terms of market capitalisation, stood at the second position, with pre-sales of ₹15,757 crore.