Stocks in news: Infosys, Fortis Healthcare, Kotak Bank, SBI, Maruti Suzuki

Markets recovered on Friday after the recent decline, following favorable global signals. From a technical point of view, analysts Nifty have once again regained their short-term moving average, the 20-DEMA, around the 25,950 level. However, durability above this zone is essential for the index to move towards the 26,050–26,200 range.“In the current setup, a stock-specific trading approach remains advisable, preferring relatively stronger sectors such as banking, IT, auto and metals, while remaining selective in other segments,” said Ajit Mishra – SVP, Research, Religare Broking.

In today’s trading, stocks of Infosys, Fortis Healthcare, Kotak Bank, SBI and Maruti Suzuki, among others, will be in focus following several news developments.Infosys

Infosys ADRs hit a new 52-week high of $30 on Friday, up 40%, thus forcing the exchange to halt trading twice after volatility hit the roof. The chaos started early in the trading session. The market anomaly underscored the vulnerabilities of ADRs, which trade when home markets are closed, exposing the system to more data errors, liquidity shortages and automated trading feedback loops.

NHPC
State-owned NHPC will on Tuesday commence commercial operation of the second unit of the 2,000 megawatt (MW) Subansiri Lower Hydroelectric Project, which will be constructed at a cost of around Rs 27,000 crore. NHPC, under the Ministry of Power, is constructing a hydropower project (8 x 250 MW) near North Lakhimpur on the border of Arunachal Pradesh and Assam.

SBI
CS Setty, chairman of the State Bank of India (SBI), on Saturday said the bank will reconsider its policy on construction financing for residential real estate, but emphasized that accountability and transparency will be key factors in determining interest rates for such loans.Piramal Finance
Piramal Finance is selling its entire 14.72% stake in Shriram Life Insurance Company to Sanlam Emerging Markets (Mauritius) for Rs 600 crore, valuing the insurer at around Rs 4,000 crore. The move is part of Piramal’s broader plan to exit non-core investments and reallocate capital to its lending business.

Maruti Suzuki
Maruti Suzuki said it will enter the domestic electric car market only with a “complete solution” for consumers, while Hyundai Motor India is sharpening its focus on aspirations, accessibility and cleaner technology in line with evolving car buyers.

Bank box
The Reserve Bank on Friday said it has imposed a monetary penalty of Rs 61.95 lakh on Kotak Mahindra Bank for non-compliance with norms related to basic savings bank deposits (BSBD), business correspondents and credit information companies.

Coal India
The share of coal in India’s energy mix will shrink to 30-35% by 2047, and responsible use of fossil fuels is key to future development, experts say. Coal’s share in India’s electricity mix currently stands at 70%. India achieved over one billion tonnes of coal production in FY25, with electricity from coal contributing 72% of total electricity generation.

Fortis Healthcare
Fortis Healthcare has announced the signing of definitive agreements to acquire the 125-bed People Tree Hospital in Yeshwanthpur through a 100% acquisition of TMI Healthcare, the entity under which PTHY’s business operations fall.

(Disclaimer: Recommendations, suggestions, views and opinions expressed by the experts are their own. These do not represent the views of Economic Times)