Tata Power, Indian Hotels, Tata Motors CV, BASF India and AWL Agri are among the top stocks to watch on Wednesday

Today the central heating unit from Tata Motors is on the list; Tata Power to invest ₹1,572 crore in hydropower project in Bhutan; IHCL expands with Tree of Life Panheli; BASF India partners with Clean Max for hybrid factory; CCI approves Wilmar-AWL Agri deal. | Photo credit: iStockphoto

BASF India on Tuesday announced a partnership with Clean Max Enviro Energy Solutions to build a 12.21 MW hybrid wind-solar power plant to provide renewable energy to meet the growing energy needs of its manufacturing sites in Dahej and Panoli. The captive power project will become operational next year and BASF aims to maximize the use of renewable energy at its production sites in Gujarat, a statement said.

Fair trade regulator CCI on Tuesday approved Wilmar International’s proposal to acquire a stake of up to 20 percent in AWL Agri Business Ltd from Adani Group. The move came after Adani Group announced in July this year that it will sell 20 percent stake in AWL Agri Business (formerly Adani Wilmar Ltd) to Singapore-based Wilmar International for Rs 7,150 crore, as part of its decision to exit the FMCG business and focus on its vertical infrastructure. Wilmar International acquires the interest in AWL Agri Business Ltd through its branch Lence Pte.

Tata Power on Tuesday said it will invest Rs 1,572 crore to acquire a 40 per cent equity stake in a special purpose vehicle that will set up the 1,125 MW Dorjilung hydropower project in Bhutan at an investment of Rs 13,100 crore. The acquisition will be made in one or more tranches for which a shareholders’ agreement would be entered into between the company and Druk Green Power Corporation Ltd (DGPC) of Bhutan, a filing with the regulator said.

The Commercial Vehicles (CV) business of Tata Motors, formerly known as TML Commercial Vehicles Limited, will be listed on the stock exchange today. It may be recalled that Tata Motors had announced to separate its various business segments, Commercial Vehicles (CV), Passenger Vehicles (PV), including electric vehicles, and Jaguar Land Rover (JLR). The demerger of Tata Motors has a share ratio of 1:1. This means that from the record date, October 14, shareholders will receive one fully paid-up share of ₹2 in Tata Motors TMLCV for every share they hold in Tata Motors.

Published on November 12, 2025