Stocks to Watch, November 28: GAIL, Ashoka Buildcon, Wipro, Emcure Pharma, Bandhan Bank, Zydus Life, LG India, Adani Enterprises

The development came after American home appliances major Whirlpool Corporation in January this year announced plans to trim its stake in its Indian arm, Whirlpool of India Ltd, to approximately 20% by mid- to late 2025.

According to the bulk deal data available with the BSE, Whirlpool Mauritius Ltd offloaded more than 1.42 crore shares, representing an 11.23% stake in Whirlpool's Indian arm.

Wipro, in its press release, said that the above deal was mentioned in its financial results announcement press release, dated October 16, 2025, for the quarter ending September 30, 2025, with a description of Odido but without naming the company.

Yongchan Jung, formerly the manufacturing head of the Noida facility, has been appointed as the Chief Production Officer at LG Electronics India Ltd (LGEIL), the company said in a regulatory filing.

The company, which made its ₹11,607 crore initial public offering in October, said the leadership reorganisation "is a strategic move to enhance management operations in the India market, empower Indian leadership, and fortify LGEIL's organisational capabilities by improving local efficiencies."

In a regulatory filing dated November 26, the drugmaker stated that it will produce Empagliflozin and Linagliptin tablets, 10 mg/5 mg and 25 mg/5 mg, at its formulation manufacturing facility at SEZ, Ahmedabad.

“Empagliflozin and Linagliptin Tablets (10 mg/5 mg and 25 mg/5 mg) in combination are indicated as an adjunct to diet and exercise to improve glycaemic control in adults with type 2 diabetes mellitus when treatment with both empagliflozin and linagliptin is appropriate,” it added.

In a separate announcement, the company said that Adani Defence Systems & Technologies Ltd (ADSTL), its wholly owned subsidiary, in collaboration with Prime Aero Services LLP, has finalised agreements to acquire a majority stake in Flight Simulation Technique Centre Pvt Ltd (FSTC), India’s largest independent flight training and simulation provider, for an enterprise value of ₹820 crore.

FSTC operates 11 advanced full-flight simulators and 17 training aircraft, offering comprehensive pilot training—from commercial pilot licences to type ratings, recurrent training and specialised skill courses.

In its regulatory filing, the company said that it has received a show cause notice (SCN) dated 26-11-2025 at 7:14 p.m., issued by email, in respect of the construction of the six-lane Elevated Corridor from the Aroor to Thuravoor Thekku section of NH-66 (Km 366.330 to Km 379.082). The SCN pertains to the incident involving the fall of two precast PSC girders, one of which fell onto a commercial vehicle, causing the fatality of the driver.

In a regulatory filing, the bank said the proposal was cleared at its board meeting held during the day.

The bank will invite bids under the Swiss Challenge method for the sale of NPA portfolios with more than 180 days past due, carrying a principal outstanding of Rs 3,212.17 crore as of September 30, 2025, according to the filing.

It will separately go for the auction route to sell its written-off loan portfolio, which has a principal outstanding of Rs 3,719.14 crore as of the same date.

These portfolios fall under the bank's Emerging Entrepreneurs Business (EEB), including group loans and small business and agri loans, and the Aspiring Business Group (ABG), it added.