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Market Movers: SBI, Paytm, Emami, ONGC Among Dozen Firms in Spotlight Today


Updated: July 18, 2025 09:52

Image Source : Tickmill
July 18, 2025, brings a flurry of corporate activity across sectors, with twelve major companies poised to influence market sentiment. From strategic investments to global expansions, here’s what’s driving the buzz.
 
Banking & Finance:
  • SBI’s Rs 25,000crore QIP was oversubscribed 3x, attracting bids worth Rs 75,000 crore from top institutions including LIC and HDFC Pension Fund
  • EQT completed its acquisition of Niwas Housing Finance, injecting Rs 500 crore for digital and geographic expansion
Technology & Telecom:
  • Paytm Cloud Technologies incorporated a Saudi Arabian subsidiary, subscribing SAR 85 lakh for equity in the new entity
  • Hexaware Technologies acquired SMC Squared for $120 million to strengthen its global capability centre offerings
FMCG & Consumer Goods:
  • Emami invested in Cannis Lupus Services, subscribing to Optionally Convertible Debentures to expand its pet care brand Fur Ball Story
  • Adani Group exited FMCG by selling its stake in AWL Agri Business to Wilmar International for Rs 7,150 crore
Energy & Infrastructure:
  • ONGC signed a strategic drilling partnership with BP to explore untapped hydrocarbon reserves
  • Ambuja Cement received NSE approval for its merger with Sanghi Industries, offering 12 Ambuja shares for every 100 Sanghi shares
Entertainment & Media:
Saregama India acquired NAV Records’ Haryanvi music catalogue, adding 6,500 tracks and multiple YouTube channels to its portfolio
 
Manufacturing & Dairy:
  • Nuvoco Vistas posted a sharp rise in Q1 profit to Rs 133 crore
  • Heritage Foods reported Rs 1,137 crore in revenue despite weatherrelated demand dips
Sources: The Hindu BusinessLine, Economic Times, Moneycontrol, Business Standard, CNBCTV18, MSN India

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