Stocks in News & Key Economic Updates 29th December 2025 by GEPL Capital Ltd
Stocks in News
* COFORGE: The company will acquire Encora US Holdco and Encora Holdings via an all-equity share swap, issuing ~9.38 crore shares at Rs.1,815.91 each (8% premium), valuing the deal at Rs.17,032 crore with no cash outflow.
* LLOYDS ENTERPRISES: The company has signed an agreement to secure financing from Tata Capital, Bajaj Finance, and Jio Credit to fund the conversion of its Lloyds Metals warrants.
* PUNJAB NATIONAL BANK: The bank has flagged a Rs.2,434 crore borrowing fraud involving former promoters of Srei Infra Finance and Srei Equipment Finance and has fully provided for the entire exposure.
* BANK OF INDIA: The board has approved the allotment of long-term bonds to raise Rs.10,000 crore, with an additional Rs.5,000 crore greenshoe option.
* NBCC: The company has settled its long-pending dispute with the government over a 42.26-acre Ghitorni land parcel in Delhi, with the land to be equally split between the company and the NCT of Delhi.
* CEIGALL INDIA: The company has received a Rs.1,089 crore letter of award from the Madhya Pradesh Road Development Corporation.
* STEEL STRIPS : The company has approved a lease agreement with its arm, AMW Auto component, and sanctioned a capacity expansion through a new alloy-wheel manufacturing unit in Gujarat.
* VIKRAN ENGINNERING: The company has received a letter of award from M.P. Urja Vikas Nigam to develop a 45.75 MW solar power project in Madhya Pradesh.
* GREAT EASTERN SHIPPING: The company has signed an agreement to sell its 77,922 CBM very large gas carrier, Jag Vishnu.
Economic News
* Govt Notifies Shipbuilding Schemes with Rs.44,700 Cr Outlay to Boost Capacity: The Ministry of Ports, Shipping & Waterways has rolled out operational guidelines for the Rs.24,736 crore SBFAS and Rs.19,989 crore SbDS to boost domestic shipbuilding and global competitiveness. SBFAS offers 15– 25% vessel-wise financial assistance, incentives for series orders, and a shipbreaking credit to promote a circular economy, supporting ~Rs.96,000 crore of projects over a decade. SbDS focuses on long-term capacity creation through greenfield shipbuilding clusters, modernisation of existing yards, an India Ship Technology Centre, and a credit risk coverage framework. Together, the schemes aim to scale India’s shipbuilding capacity to ~4.5 million GT per annum by 2047, strengthening ‘Make in India’ and Atmanirbhar Bharat.
Global News
* Zelenskiy–Trump Talks Loom as Diplomatic Push on Ukraine Peace Intensifies: Ukrainian President Volodymyr Zelenskiy is set to meet US President Donald Trump at 1 p.m. local time on Sunday at Mar-a-Lago to push forward a peace proposal, calling the current period “one of the most active diplomatic phases of the year.” Ahead of the meeting, Zelenskiy held talks with Canadian Prime Minister Mark Carney in Halifax and joined a video call with several European leaders and NATO chief Mark Rutte to align positions. European leaders have played a key role in shaping a revised peace framework after an earlier US-backed proposal was seen as favoring Russia and demanding steep concessions from Kyiv.
Government Security Market:
* The Inter-bank call money rate traded in the range of 4.60%- 5.57% on Friday ended at 5.47%.
* The 10 year benchmark (6.48% GS 2035) closed at 6.5398% on Thursday vs 6.5637% On Friday.
Global Debt Market:
The U.S. 10-year Treasury yield was more than 3 basis points lower at 4.134%. The yield on the 2-year Treasury note fell more than 1 basis point to 3.51%. The 30-year bond yield slipped more than 3 basis points to 4.794%. On Wednesday, the Labor Department reported that jobless claims for the week ended Dec. 20 came in at 214000, signifying a decrease from the prior week’s 224,000 and coming in less than the Dow Jones forecast for 225,000. Investors continued to digest delayed Commerce Department data that showed the U.S. economy grew by 4.3% in the third quarter — its fastest pace in two years. However, the stronger-than-expected number reported Tuesday potentially complicates the Federal Reserve’s path on interest rates.
10 Year Benchmark Technical View :
The 10 year Benchmark (6.48% GS 2035) yield likely to move in the range of 6.55% to 6.57% level on Monday.
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