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Man Industries Partners with Aramco Asia | Reliance Power Focuses on Governance Improvements | Top Buzzing Stocks Today
Fri, 21 Nov Pre-Open

Man Industries Partners with Aramco Asia | Reliance Power Focuses on Governance Improvements | Top Buzzing Stocks TodayImage source: Thitima Uthaiburom/www.istockphoto.com

The benchmark indices continued their upward momentum, ending the session in green.

Indian equity markets indices Senex and Nifty ended higher on Thursday, with benchmark indices, Sensex and Nifty50, inching closer to their record levels last seen in September last year (2024), supported by strong gains in Financials and Oil & Gas stocks. Firm global cues further aided sentiment.

At the closing bell on Thursday, the BSE Sensex  closed higher by 446 points (up 0.5%).

Meanwhile, the NSE Nifty closed 139 points higher (up 0.%).

Bajaj Finance, Reliance Industries, HDFC Bank among the top gainers today.

Asian Paints, HCL Tech, HUL on the hand, were among the top losers today.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

The BSE MidCap index ended 0.1% lower and BSE SmallCap index ended 0.2% lower.

Sectoral indices were trading mixed on Thursday with stocks in realty sector and media sector witnessed selling pressure. Meanwhile stocks in auto sector and banking sector witnessed buying.

Speaking of stock markets, Research Analyst at Equitymaster Raul Shah points out that despite FIIs selling over Rs 1.4 lakh crore (1.4 trillion), the market has remained strong driven by a new structural backbone built by Indian investors.

This resilience has rendered one popular strategy ineffective while paving the way for a much stronger one.

Watch to know more.

Top buzzing stocks today

MTAR Technologies share price will be in focus today.

Shares of MTAR technologies came into focus after the management expects a very strong second half of the year, with sales nearly double those of the first half.

They have revised their revenue growth forecast for FY26 to 30-35%, up from the earlier guidance of 25%, thanks to strong new orders expected to be completed this year.

EPack Prefab Technologies shares will also be a top buzzing stock.

Shares of Epack Prefab came into focus after the company announced an MoU with MASCOT South Asia to support its planned capacity expansion in Gujarat.

Man Industries partners with Aramco Asia MoU

Shares of Man Industries came into focus after signing a Memorandum of Understanding (MoU) with Aramco Asia India Pvt. Ltd.

The agreement aims to explore long-term supply opportunities for Man Industries' products and the potential to set up a manufacturing plant in Saudi Arabia. The MoU is effective immediately and will last for five years.

Under the deal, the companies will look after establishing a steel pipe manufacturing facility in Saudi Arabia and work together on developing advanced technologies and resources to support energy, infrastructure, and industrial projects in Saudi Arabia, the GCC, and the wider Middle East.

Man Industries is a global leader in making large-diameter carbon steel line pipes.

Transrail Lighting Wins New MENA Orders

Shares of Transrail Lighting came into focus after the company won orders worth Rs 5.4 billion (bn) and added a new country in the MENA region.

The turnkey EPC company, which works in power transmission and distribution, civil, railways, poles and lighting, and solar EPC, said its latest orders have pushed total inflows for FY26 to over Rs 42.85 bn, showing strong growth across key segments.

The company also holds an L1 position worth Rs 25.75 bn, giving visibility on future orders for the rest of the financial year.

As of 30 September 2025, the company's unexecuted order book stood at Rs 151.16 bn, a 46% increase compared to last year, indicating strong business visibility. Including L1 orders, the total order book is Rs 177.99 bn.

Fresh orders during the quarter rose 62% year-on-year to Rs 19.92 bn.

Reliance Power Focuses on Governance Improvements

Shares of Reliance Power came into focus after the board approved the constitution of a Board of Management (BoM) to strengthen governance.

Reliance Power's board has approved the creation of a Board of Management (BOM) to improve governance and strengthen business oversight. The new board will include the CEO, key managers, and other senior leaders.

The company said this step reflects its focus on better governance, closer oversight, and building a more agile, future-ready organization. The move aligns with its goal of adopting best practices for long-term value creation.

The board also highlighted ongoing investments in growth areas through its subsidiary, Reliance NU Energies. Reliance Power has become the largest player in India's Solar + Battery Energy Storage Systems (BESS) sector, with up to 4 GW of solar capacity and 6.5 GW of BESS awarded, strengthening its role in the country's clean energy transition.

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

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