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Stock in Focus: Two government companies get new orders, shares will be in focus on Friday – two psu stocks in focus as nbcc bags banking infrastructure order and railtel secures major railway network project

Stock in Focus: Amidst the ups and downs of the stock market, positive news has emerged for two government companies. Both of them have received orders related to new projects. On one hand the company has got work related to banking infrastructure. Whereas, the other has got a big technical project related to the railway network.

Government company NBCC (India) Ltd has received a work order worth about ₹55.02 crore from Indian Overseas Bank (IOB). Under this order, NBCC has to do the work of planning, designing, execution and handover of the new regional office of IOB in Raipur. The company will complete this project as Project Management Consultancy (PMC).

Another important information related to NBCC has also come to light. On Monday, January 12, HSCC (India) Ltd, a wholly owned subsidiary of NBCC, has signed a Memorandum of Understanding (MoU) with Bharat Electronics Ltd (BEL).

Shares of NBCC (India) Ltd closed with a slight fall. The company’s shares closed 0.09 percent lower at ₹105.22.

Telecom infrastructure company RailTel Corporation of India Ltd has received Letter of Acceptance (LoA) from Central Railway. The project involves supply, installation, testing and commissioning (SITC) of IP-MPLS network equipment across several railway divisions. This network will be deployed to support unified communication in Indian Railways.

According to RailTel, this project will be implemented at different stations of Mumbai, Pune, Solapur, Bhusaval and Nagpur divisions under Central Railway. This project is to be completed by 13 January 2027. However, RailTel also gave a negative update. It informed the exchanges that several work orders worth about ₹609.56 crore have been cancelled.

These also include the Smart Classroom Project worth ₹262.14 crore received from Bihar Education Project Council. This project was related to supply and installation of smart classrooms in government middle schools of Bihar. It was canceled by the client due to some technical reasons.

Shares of RailTel Corporation of India Ltd were under pressure on Wednesday. It closed 3.63 per cent lower at ₹352.50.

Disclaimer: The information provided here is being given for information only. It is important to mention here that investing in the market is subject to market risks. As an investor, always consult an expert before investing money. Moneycontrol never advises anyone to invest money here.

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TCS, Infosys and HCLTech shocked by new labor codes; ₹4373 crore spent in Q3 – new labor codes cost tcs infosys hcltech over rupees 4000 crore in q3

New Labor Code Cost on IT Companies: IT companies like Tata Consultancy Services (TCS), Infosys and HCLTech suffered a blow of ₹4373 crore due to the implementation of the new labor code. Due to this, there was a sharp double digit decline in the profits of three big IT companies of the country in the third quarter of the current financial year 2026, October-December 2025. On January 14, Infosys released its December quarter results which revealed that it faced an exponential shock of ₹1,289 crore in the December quarter due to the new labor code. On January 12, TCS reported exceptional expenses of ₹ 2128 crore and HCLTech of ₹ 956 crore in the December 2025 quarter.

Now talking about margins, the new labor course had no mixed impact on the margins of these companies. Despite challenges related to the new labor code, TCS managed to maintain an operating margin of 25.2% on a quarterly basis. However, Infosys’ operating margin growth increased to 18.6% while Infosys’ operating margin increased to 18.4% from 21% on a quarterly basis. Infosys says that if there were no costs related to new labor codes, this margin would have been 21.2%.

What are the new labor codes and what do the companies have to say?

The new labor codes came into effect in November 2025. In this, many changes were introduced regarding better salary, safety, social security and welfare. Under the four new labor codes for the IT/ITES sector, guaranteed social security benefits through fixed-term employment, mandatory resignation letter, higher basic pay and fixed work hours have been fixed. Apart from this, IT companies have been asked to provide facilities to women to work in night shift, so that they can get a chance to earn more salary.

According to TCS, out of the ₹ 2128 crore spent on the new labor codes, ₹ 1800 crore was spent on gratuity and about ₹ 300 crore was spent on adjusting the leave liability. TCS CFO Sameer Seksaria said in the post-earnings analyst call that this expense will continue going forward but its impact will not be very high and will be in the range of around 10-15 basis points. He says until there is more clarity on the rules, no additional costs are expected.

Infosys CFO Jayesh Sanghrajka also says that due to the new labor codes, there will be a regular impact of about 15 basis points on an annual basis. HCLTech says the company suffered a blow of about $109 million for adjustment to the new labor codes. HCLTech CEO C Vijayakumar said in the earnings conference that in the coming time there will be very little impact due to this and it can be in the range of around 10-20 basis points.

What do brokerages say?

Global brokerage firm Jefferies believes that the increase in expenses in the December 2025 quarter due to the new labor code is not a one-time thing but there may be further pressure on the margins of IT companies. Due to this the salary hike may be reduced. According to the new labor code, the salary of the employees should be at least 50% of their total CTC. Apart from this, benefits like PF and gratuity will be calculated on the basis of salary. This could lead to increased recurring employee costs for IT companies and a huge one-time financial impact.

Another brokerage firm Jefferies says the new labor codes will further put pressure on margins due to slow revenue growth and changes in business mix with AI as well as on-side high wage hikes due to changes in H-1B visa rules in FY 2027 and FY 2028. The brokerage firm says that if Indian employee costs increase by 2%, it could lead to a 2-4% decline in the earnings estimates of IT companies in FY 2027. In such a situation, companies can slow down the pace of salary hike to reduce its impact, especially at the senior level.

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Biocon raised ₹4150 crore from QIP, will use it to buy stake in Biocon Biologics; To whom were the maximum shares issued – biocon has raised Rs 4150 crore from qip board has approved issuance of 11 26 crore shares to eligible institutions

Biocon Limited has raised Rs 4150 crore through Qualified Institutional Placement (QIP). The company’s board has approved the issue of 11.26 crore equity shares of face value Rs 5 each to eligible institutions. The price for QIP has been fixed at Rs 368.35 per share. Funds from SBI, ICICI and Mirae Mutual Fund have been issued about two-thirds of the reserved shares for the QIP.

Following the share issue, Biocon’s total paid-up equity share capital now stands at Rs 810.45 crore. This includes 162.09 crore shares. The first paid-up equity share capital was Rs 754.12 crore, consisting of 150.82 crore shares. Through the earnings from this QIP, Biocon, Mylan Inc. Will buy shares of Biocon Biologics from Rs.

Biocon had said in December 2025 that it would merge Biocon Biologics with itself and create a 100 percent owned subsidiary. The move will take the valuation of the biologics unit to US$5.5 billion. As part of the transaction, the company will swap shares. With this, it will acquire the remaining stake in Biocon Biologics Ltd from Mylan Inc, Serum Institute Life Sciences, Tata Capital Growth Fund II and Active Pine LLP.

How much will it cost to purchase from Mylan?

Biocon will acquire the remaining stake in the biologics unit of Mylan Inc (Viatris) for a total consideration of US$815 million. Of this, US$400 million will be paid in cash and US$415 million will be paid through share swap. Share swap is a corporate finance deal. In this, a company buys another company or merges it with itself by issuing its shares to the shareholders of the target company in exchange for their existing shares.

share-swap ratio

Biocon had said that the share-swap ratio has been fixed at 70.28 shares of Biocon for every 100 shares of Biocon Biologics. In this, the price of each share of Biocon is Rs 405.78. This integration will help Biocon leverage the combined strengths of its generics and biosimilar businesses in different countries. Biocon Biologics is one of the top 5 global biosimilar companies by revenue. The integration process is expected to be completed by March 31, 2026.

QIP money will be used here also

Biocon will also use a part of its QIP proceeds to purchase Compulsory Convertible Debentures (CCDs) of Biocon Biologics, to repay debt and for general corporate purposes. The market cap of Biocon is more than Rs 57100 crore. The promoters held 48.27 percent stake in the company as of January 5, 2026. Biocon shares closed at Rs 379.05 on BSE on January 14. Stock markets are closed on January 15 due to municipal elections in Maharashtra. The stock has risen 8 percent in 3 months.

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This infrastructure company’s stocks crashed 80 percent in a year – which infrastructure company’s stocks crashed 80 percent in a year watch video to know more about the company and its contract has been terminated by the north western railway

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Stock in Focus: Shares of the infrastructure company have fallen by more than 80% in a year. Now North Western Railway has terminated the contract of Jaipur-Sawai Madhopur project. This may cause a big blow to the company. Know the details.

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Bharat Coking Coal created panic before listing – bharat coking coal ipo check allotment status listing gmp gray market activity listing day strategy financials watch video to know more

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Bharat Coking Coal IPO Subscription: The countdown for the listing of the first mainboard IPO of this year 2026 has started. The ₹ 1071 crore IPO of Bharat Coking Coal, a subsidiary of the country’s largest mining company Coal India, received a strong response from investors. Now waiting for allotment and listing of shares

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Stock Market: How can the market move on 16th January – stock market outlook for 16th January 2026 which stocks are top gainers and losers today

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Sensex-Nifty Closes Red: Profit booking pressure was seen in the domestic stock market for the second consecutive day today. Sensex and Nifty have closed red. However, investors’ wealth increased in the turbulent market on the strength of PSU banks and metal stocks as well as smallcap and midcap stocks. Check how was the market situation throughout the day?

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Stock in Focus: Stock fell 19% in 1 month, now orders worth ₹ 527 crore received; Shares will be in focus – stock in focus transrail lighting wins 527 crore orders after 19 percent fall in one month shares in spotlight

Stock in Focus: Transrail Lighting Limited of the power transmission and distribution (T&D) segment has received large orders. The company has secured new orders totaling ₹527 crore in India and international markets. Transrail Lighting works in areas such as civil, railway, poles and lighting as well as solar EPC.

From which segment have these orders come?

The new orders received by Transrail Lighting are related to Power Transmission & Distribution (T&D) and Poles & Lighting segments. These orders are considered important for Transrail not only in terms of value but also strategically.

Through these new projects, Transrail has further strengthened its presence in MENA i.e. Middle East and North Africa region as well as in Africa. The company has been focusing on expansion in these areas for a long time and the latest orders further the same strategy.

Along with this, the company has also added manufacturing capacity of HTLS re-conducting i.e. high temperature low sag conductor in India, which has further increased its technical strength.

Order inflow of ₹5,637 crore

After these new orders worth ₹527 crore, Transrail’s total order inflow in FY26 has reached ₹5,637 crore. This figure shows that the company’s order book continues to be strong in both domestic and international markets.

The company has also said that it currently has an L1 position of more than ₹2,800 crore. This means that there is a strong possibility of getting more new orders in the coming time and the company is getting good visibility regarding further growth.

What did the MD & CEO say?

Transrail Lighting MD & CEO Randeep Narang said the new orders worth ₹527 crore are an important milestone for Transrail. According to him, the company is continuously expanding into new geographies and different business verticals.

He said the growing presence in the MENA power transmission market and the addition of HTLS re-conducting capability in India further strengthens the company’s technology depth. With order inflow of ₹5,637 crore so far in FY26 and L1 pipeline of ₹2,800 crore, the company has strong expectations of sustainable growth going forward.

Status of Transrail shares

Shares of Transrail Lighting closed 0.33 per cent higher at ₹486.85 on the NSE on Wednesday, January 14. There has been a slowdown in the company’s shares for some time. The stock has fallen 19.22% in the last 1 month. At the same time, it has come down by 35.22% in 6 months. The market cap of the company is Rs 6.54 crore.

HDB Financial Q3 Results: Strong comeback after two quarters of shocks! Profit increased by 36%, revenue also increased

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Victory EV IPO Listing: IPO not completed, now shock on listing too, lower circuit after entry at 16% discount – victory electric vehicles ipo listing shares debut at 16 percent discount victory ev share price slips to lower circuit further nse sme

Victory Electric Vehicles IPO Listing: Shares of Victory Electric Vehicles (Victory EV), a manufacturer of electric two-wheelers, three-wheelers and commercial vehicles, entered NSE SME today at a huge discount. Its IPO also did not get much response from investors and the reserved portion of any category was not fully filled. Shares have been issued under the IPO at a price of ₹ 41. Today it has entered NSE SME at ₹ 34.45, which means that IPO investors did not get any listing gain, rather their capital decreased by 15.98% on listing. IPO investors got a further shock when the shares fell further. It fell to the lower circuit of ₹ 32.75 (Victory Electric Vehicles Share Price) and closed at this i.e. at the end of the first trading day, IPO investors are at a loss of 20.12%.

How will Victory Electric Vehicles IPO money be spent?

The ₹35 crore IPO of Victory Electric Vehicles was open for subscription from January 7-9. This IPO did not get much response from investors and overall it was subscribed only 0.95 times. The portion of this non-institutional investors (NII) was subscribed 0.91 times and the half reserved for retail investors was subscribed 0.99 times. Under this IPO, 84.30 lakh new shares with face value of ₹ 5 have been issued. Of the money raised through these shares, ₹5 crore will be spent on capital expenditure, ₹18 crore will be spent on working capital requirements and the remaining money will be spent on general corporate purposes.

About Victory Electric Vehicles

Victory Electric Vehicles International Limited, formed in October 2018, is engaged in designing, manufacturing and distribution of electric vehicles. Its portfolio includes electric two-wheelers, three-wheelers and commercial vehicles. It manufactures e-rickshaws, e-cargo/loader e-rickshaws, scooters etc. Its products are sold not only in India but also outside the country.

Talking about the financial health of the company, it had a net profit of ₹ 79 lakh in the financial year 2023, which jumped to ₹ 4.89 crore in the next financial year 2024 and ₹ 5.17 crore in the financial year 2025. However, during this period, there were fluctuations in the total income of the company which came down from ₹ 52.14 crore in FY 2023 and ₹ 48.76 crore in FY 2024 to ₹ 51.06 crore in FY 2025. Talking about the current financial year 2026, the company has achieved net profit of ₹ 1.62 crore and total income of ₹ 16.90 crore in the first half April-September 2025. At the end of September 2025, the company had a total debt of ₹4.85 crore while ₹8.67 crore was lying in reserves and surplus.

Disclaimer: The information provided here is being provided for information only. It is important to mention here that investing in the market is subject to market risks. As an investor, always consult an expert before investing money. Moneycontrol never advises anyone to invest money here.

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Union Bank Q3 Result: Profit increased by 9%, shares got excited, reached one year high – union bank q3 result net profit jumps 9 percent nii almost flat share price jumps over 6 percent to 52 week high

Union Bank Q3 Result: Amidst the ups and downs in the domestic stock market on the day of weekly expiry of Sensex, shares of Union Bank also showed sluggishness in early trade today. However, as soon as the bank released the results for the third quarter October-December 2025 of the current financial year 2026, investors pounced on its shares and it jumped to a one-year record high. Currently on BSE it is at ₹176.10 with a gain of 5.99%. It had fallen to the level of ₹ 164.90 intra-day, from which it recovered 6.91% to reach ₹ 176.30, which is a one-year record high for its shares.

Union Bank Q3 Result: Special points

At the standalone level, Union Bank of India’s net profit jumped 8.97% year-on-year to ₹5,016.77 crore in the December 2025 quarter. During this period, the net interest income (NII) of the bank also increased by 0.95% to reach ₹ 9,327.93 crore. Talking about the asset quality of the bank, it has improved and on a quarterly basis, the gross NPA ratio improved from 3.29% to 3.06% and the net NPA ratio from 0.55% to 0.51% in the December 2025 quarter.

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Yajur Fibers IPO Listing: Loss of ₹33400 on every lot, share of ₹174 came on lower circuit as soon as it was listed – yajur fibers ipo listing shares debut at 20 percent discount yajur fibers share price slips to lower circuit further at bse sme

Yajur Fibers IPO Listing: Yajoor Fibers is into processing and manufacturing of fibers like flax, jute and hemp. Now today its shares entered BSE SME with a huge discount. Its IPO also did not get much response from investors and the overall subscription was 1.33 times on the basis of retail investors. Shares have been issued under the IPO at a price of ₹ 174. Today it has entered BSE SME at ₹ 139.20, which means that IPO investors did not get any listing gain, rather their capital decreased by 20% on listing. IPO investors got a further shock when the shares fell further. It fell to the lower circuit of ₹ 132.25 (Yajur Fibers Share Price) i.e. IPO investors are now in 23.99% loss. Since the lot size was 800 shares, IPO investors faced a loss of ₹33400 on each lot.

How will Yajur Fibers IPO money be spent?

Yajur Fibers’ ₹120 crore IPO was open for subscription from January 7-9. This IPO received a mixed response from investors and overall it was subscribed 1.33 times. In this, the portion reserved for Qualified Institutional Buyers (QIB) was 1.03 times (ex-anchor), the portion for Non-Institutional Investors (NII) was 0.91 times and the portion for retail investors was 1.51 times. Under this IPO, 69.20 lakh new shares with face value of ₹ 10 have been issued. Of the funds raised through these shares, ₹11.93 crore will be used for construction of shed in the existing manufacturing unit and purchase of dyeing and bleaching processing machinery and for enhancing production capacity, ₹48.00 crore will be invested for setting up a greenfield unit in subsidiary Yashoda Linen Yarn, ₹36.00 crore will be spent on working capital requirements and the remaining money will be spent on general corporate purposes.

About Yajur Fibers

Established in the year 1980, Yajoor Fibers is engaged in processing and manufacturing of fibers like flax, jute and hemp. It has a production capacity of more than 300 tons every month. Its manufacturing facility is in the jute hub of West Bengal which is in Jagannathpur, Phuleshwar, Ulberia, Howrah. Its product portfolio includes flax yarn, jute yarn, cottonized flax fiber, cottonized jute fiber and cottonized hemp fiber

Talking about the financial health of the company, it has continuously strengthened. It had a net profit of ₹3.55 crore in FY 2023, which jumped to ₹4.27 crore in the next FY 2024 and ₹11.68 crore in FY 2025. During this period, the total income of the company increased at a compound growth rate (CAGR) of more than 51% annually to ₹ 141.99 crore. Talking about the current financial year 2026, the company has achieved net profit of ₹ 7.12 crore and total income of ₹ 69.99 crore in April-November 2025. At the end of November 2025, the company had a total debt of ₹73.59 crore while ₹40.56 crore was lying in reserves and surplus.

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