Stocks to Watch Today: ICICI Bank, HDFC Bank, JK Tyre Updates and Key Market Updates on December 01

Stocks to Watch Today December 01 – Key corporate updates, results, deals, and market movements

Stocks to watch today on December 01 include key financial, infrastructure, technology, energy, and pharmaceutical companies announcing material developments impacting the share market today. Major updates span fundraising, regulatory actions, quarterly earnings, project wins, strategic acquisitions, and board decisions—all of which may influence market sentiment as the month begins.

Share Market News – Highlights

ICICI Bank Raises ₹3,945 Crore Through Tier 2 Bonds

ICICI Bank has allotted ₹3,945 crore worth of unsecured, subordinated Tier 2 Basel III bonds via private placement. The issue comprises 3,945 debentures of ₹1 crore each, carrying a 7.40% annual coupon and a tenor of 15 years with a call option after 10 years. The bonds received AAA ratings from both CARE and ICRA, indicating a strong credit profile and reinforcing the bank's long-term capital adequacy.

HDFC Bank Receives RBI Penalty and Announces HR Leadership Change

HDFC Bank reported that the RBI imposed a ₹91-lakh penalty for non-compliance with certain regulatory guidelines on interest rates, outsourcing practices, and KYC procedures. The bank added that corrective measures have already been implemented. Additionally, the board has approved Vibhash Naik as Chief Human Resource Officer effective February 01, 2026.

JK Tyre Sets Record Date for Cavendish Merger Share Allotment

JK Tyre & Industries has fixed December 24 as the record date to determine eligible shareholders for receiving equity shares post its merger with Cavendish Industries. The NCLT-approved scheme becomes effective December 22, after which Cavendish Industries will be dissolved, aligning manufacturing capabilities across the combined business.

Lenskart Reports Strong Q2 Financial Performance

Lenskart posted a net profit of ₹102.2 crore in Q2, rising 19.7% year-on-year. Revenue increased to ₹2,096 crore, up 20.8% from last year, supported by strong consumer demand. EBITDA jumped 44.6% to ₹414.4 crore, pushing margins to 19.76%. Sequentially, the company reported over 70% profit growth with no exceptional losses during the quarter.

Waaree Energies Secures 140 MW Solar Module Contract

Waaree Energies announced a new order to supply 140 MW of solar modules to a domestic renewable power developer. The supply is scheduled for FY26, marking another major addition to its expanding solar module order book following recent contracts totaling more than 700 MW combined.

Tata Technologies Completes Es-Tec Group Acquisition

Tata Technologies completed its €75 million acquisition of Germany-based Es-Tec Group ahead of schedule. The acquisition enhances the company’s engineering and R&D capabilities across automotive electronics, system integration, and validation, expanding its footprint in the European market.

Arvind SmartSpaces Acquires New Ahmedabad Residential Project

Arvind SmartSpaces has acquired a new high-rise residential project in Vastrapur, Ahmedabad. The project offers 2.6 lakh sq ft of saleable area with an estimated revenue potential of ₹400 crore. This marks the company's 24th development project in Gujarat and reinforces its growing Western India portfolio.

Neuland Laboratories Approves ₹189 Crore R&D Centre Expansion

Neuland Laboratories will invest ₹189 crore to establish a new research and development centre at Genome Valley, Hyderabad. The 1.35 lakh sq ft facility will replace its existing 0.45 lakh sq ft R&D unit and will be funded through internal resources and borrowings.

Maharashtra Seamless Receives ₹217 Crore ONGC Order

Maharashtra Seamless has secured a ₹217-crore order from ONGC for the phased supply of seamless pipes. Deliveries will be made in line with ONGC’s procurement schedule over the upcoming quarters.

Tejas Networks Receives PLI Incentive Payout

Tejas Networks received ₹84.95 crore from the Ministry of Communications under the telecom PLI scheme. This tranche accounts for 85% of the eligible incentive for Q4 FY25, with the balance expected in subsequent releases as per scheme guidelines.

Authum Investment Approves 4:1 Bonus Share Issue

Authum Investment & Infrastructure has approved issuing four bonus shares for every one share held. The company will issue 67.94 crore new equity shares, increasing paid-up capital from 16.98 crore to 84.92 crore shares by capitalising reserves and securities premium.

NCC Secures Multiple New Orders in November

NCC reported three additional orders totaling ₹530.72 crore across its buildings, water, and transportation divisions. These orders supplement its previously disclosed ₹2,062.71 crore Assam medical infrastructure project awarded earlier this month.

Brigade Enterprises Signs Hyderabad JDA

Brigade Enterprises has signed a joint development agreement to build a premium residential project in Begumpet, Hyderabad. With a development potential of approximately 0.5 million sq ft and an estimated revenue exceeding ₹800 crore, the project strengthens Brigade’s strategic expansion in South India.

GAIL Receives PNGRB Tariff Approval

GAIL announced that the PNGRB has revised the levelized tariff for its Integrated Natural Gas Pipeline Network to ₹65.69/MMBTU effective January 01, 2026—an increase of around 12%—resulting in an estimated financial impact of ₹1,200 crore.

Bulk Deal: Yatharth Hospital Promoter Sells Stake

Promoter Neena Tyagi sold 56.33 lakh shares of Yatharth Hospital for ₹403.93 crore at ₹716.98 per share. Major institutional buyers included Kotak Mahindra Mutual Fund and Carnelian Asset Management, purchasing additional stakes at prices above ₹719 per share.

Stocks in F&O Ban

Sammaan Capital continues to remain under the F&O ban list for the session.

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