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Stocks To Watch Today, December 12: Glenmark Pharmaceuticals, Firstsource Solutions, Cyient, Vedanta, RRP Defence are among other companies that will remain in focus today.
Stocks To Watch Today, December 12.
Stocks To Watch Today, December 12: Indian equities are set for an active session today, December 12, with several companies announcing acquisitions, regulatory updates, project wins, and leadership changes. Earnings from select mid-cap names and developments in the IPO market will also guide sentiment. Here are the stocks likely to be in focus today:
Earnings on Radar
Excelsoft Technologies and Eros International Media will release their quarterly results today, keeping investors attentive to performance in the technology and entertainment spaces.
Pharma & Healthcare: Regulatory Actions and Launches
Piramal Pharma will be in focus after the US FDA concluded a Good Manufacturing Practices inspection at its Lexington facility, issuing a Form 483 with four procedural observations. The company expects these to fall under the VAI (Voluntary Action Indicated) category.
Glenmark Pharmaceuticals is preparing to launch a new generic therapy in the United States this month, aimed at treating anaemia and reducing adverse effects linked to medicines that diminish folic acid activity.
Firstsource Solutions has strengthened its presence in the UK market, with its subsidiary completing the acquisition of Pastdue Credit Solutions, an FCA-registered collections agency, for GBP 22 million.
Technology & Engineering: Buybacks, Acquisitions and Capacity Additions
Infosys has completed its share buyback and extinguished 10 crore equity shares through the tender offer route. Separately, share transactions involving family members of co-founder SD Shibulal saw nearly 25 lakh shares offloaded across 10-11 December.
Cyient has expanded its Middle East footprint by acquiring Abu Dhabi & Gulf Computer Est., enhancing capabilities in digital services and consulting for clients in energy, utilities, transport, and connectivity.
Jindal Steel announced a major operational milestone, raising its heat treatment capacity to 60,000 tonnes a month, positioning the firm as the largest domestic player in this segment.
Tata Steel has begun engineering work for Phase 1 of the Neelachal Ispat (NINL) expansion, which forms a core part of its long-term India capacity build-out.
Kirloskar Ferrous Industries remains on watch as operations at its Hiriyur plant continue to be suspended due to extended maintenance requirements.
Power, Metals & Infrastructure: Orders and Bids
Tata Power has received a Letter of Intent from REC Power Development and Consultancy for acquiring the Jejuri Hinjewadi Power Transmission SPV, valued at 155.78 crore. The project involves a 115-km, 400 kV double-circuit transmission line and associated substation upgrades.
Vedanta continues to strengthen its critical minerals portfolio, emerging as the successful bidder for the Genjana nickel, chromium, and PGE block under the third tranche of India’s critical mineral auctions.
NBCC (India) has secured new project management consultancy mandates worth a combined 289 crore from NALCO and SAIL Bokaro.
Kansai Nerolac Paints has received board approval to divest its entire 60 percent stake in Kansai Paints Lanka to a Sri Lankan entity, Atire.
Rama Steel Tubes has announced a strategic leap into high-value engineering services with its plan to acquire UAE-based Automech Group for AED 296 million, strengthening its presence in the GCC and MENA regions.
Defence & Consumer: Partnerships and Brand Expansion
RRP Defence has entered a collaboration with Israel’s Meprolight to bring advanced electro-optics, night-vision technology, and weapon-sight systems to India.
Honasa Consumer will acquire a 95 percent stake in BTM Ventures, the parent company of men’s grooming label Reginald Men, at an enterprise value of 195 crore. The remaining 5 percent will be purchased after 12 months based on agreed valuation metrics.
TRF will also be tracked today following the resignation of CFO Anand Chand, who moves to another role within the Tata Steel Group. Animesh Upadhyay takes over as CFO from 12 December.
Block Deals
Uflex saw increased interest from First Water Fund, which added 5.45 lakh shares and may now hold about 3.64 percent of the company. Yes Bank witnessed BNP Paribas Financial Markets acquiring 1.77 crore shares, while Gallantt Industry purchased 9.67 lakh shares of Gallantt Ispat in a promoter-related transaction.
Corporate Actions & SME Listings
Several companies are trading ex-date today for splits, bonuses, rights issues and buybacks, including Mrs Bectors Food Specialities, Bharat Rasayan, NACL Industries, Nureca and VLS Finance.
New SME listings include Methodhub Software, Encompass Design India, and Flywings Simulator Training Centre.
F&O Ban
Bandhan Bank and Sammaan Capital remain in the derivatives trading ban.
IPOs to Watch
Corona Remedies will list on December 15, with the grey market premium (GMP) now at 291. Wakefit Innovations is scheduled to debut on Monday with a zero GMP, reflecting muted expectations.
Park Medi World and Nephrocare Health Services enter the final day of subscription today. Their GMPs stand at 8.5 and 11.5 respectively, signalling moderate listing enthusiasm.
The large-sized ICICI Prudential Asset Management IPO opens today. Early grey market activity pegs its GMP at around 150, hinting at strong investor appetite.
Click here to add News18 as your preferred news source on Google. December 12, 2025, 07:36 IST
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