Industrial output at a 2 yr high, L&T's significant order, & more - Groww Digest

Monday, 29 December 2025

Dec 29, 2025

Markets opened above Friday’s closing point.

Media stocks and FMCG stocks rose the most today. Consumer durables stocks and IT stocks fell the most.

Global markets: US markets closed flat on Friday. Most Asian markets fell. European markets showed a mixed trend (as of 6 pm IST).

News

India’s industrial output grew 6.7% year-on-year in Nov (vs 0.5% in Oct), the highest in 2 years. Manufacturing output grew 8% year-on-year (vs 2% in Oct).
The Defence Acquisition Council (DAC) approved proposals worth about Rs 79,000 crore to procure advanced systems for the Indian Army, Navy and Air Force.
Zepto applied for an IPO with SEBI through the confidential route: as per media sources

Stocks Updates

L&T: won a significant order (Rs 1,000 crore to Rs 2,500 crore) to build Phase-2 of the Hyderabad Greenfield Radial Road.
Bharat Electronics: received orders worth Rs 569 crore including radars, tank overhaul, communication equipment, fire control systems, etc.
Jindal Steel: announced plans to double its structural steel capacity at Raigarh, Maharashtra to 2.4 MTPA by mid-2028.
Varun Beverages: extended a corporate guarantee for its South African subsidiary, Bevco, from ZAR 1.5 billion to ZAR 2.97 billion to secure bank credit facilities.
LIC: received a Rs 1.84 crore GST order from Karnataka authorities for FY22 input tax credit, which it plans to challenge.
Vedanta: received a Rs 3.15 crore GST penalty from Karnataka authorities for FY22 input tax credit and turnover issues.

Word of the Day

XIRR

It is a way to calculate annual return on investments, when money is invested or withdrawn at irregular times

It stands for Extended Internal Rate of Return.

People can invest different amounts over different periods of time (example: SIP).

XIRR accounts for this. This gives a more accurate return as money can have different value at different points in time.

Thus, it reflects your personalised rate of return.

6 Day Course

Theme: selling strategies
Day 1: Monday

The personal finance sphere is filled with investing content.

But exiting an investment is the side of investing that gets talked about less often.

This week, we will try to throw some light on this topic — selling and exiting an investment.

The simplest strategy is to sell when you need the money.

This is simple and works well when seen on an overall investment portfolio level.

You have all kinds of diversified investments. So you sell only when you need money.

But on a more specific investment level, you might have to sell when the time is right, even if the money is not needed for any specific purchase as such.

Two common reasons for this is, first, an investment has given great returns and is less likely to continue performing as well.

Second, your investment is doing fine but you found another even better investment opportunity.