The stocks to watch today for December 10 include several companies that have announced major fundraising plans, contract wins, infrastructure project updates, acquisitions, and strategic partnerships. These developments, spanning sectors such as power, infrastructure, technology, metals, and chemicals, provide important insights into the evolving corporate landscape and are expected to shape the share market today based on official disclosures.
Share Market News – Highlights
- Capital Raising & Financial Strategies
- Power, Infrastructure & Mining Developments
- Strategic Partnerships, Acquisitions & Technology Introductions
- Order Wins, Operational Progress & Regulatory Updates
- Corporate Governance & Leadership Changes
- Bulk Deals & Market Activity
- Mainboard & SME Listings
- Corporate Actions & Suspension Notices
- F&O Ban and Removal Updates
Capital Raising & Financial Strategies
Swiggy
Swiggy opened its qualified institutions placement (QIP) on December 9 with a floor price of ₹390.51 per share. The company had previously secured approvals from its Board on November 7 and its shareholders on December 8 to raise up to ₹10,000 crore. This QIP marks one of the largest fundraising initiatives by a technology-enabled consumer company in India.
Housing & Urban Development Corporation (HUDCO)
HUDCO’s Bond Allotment Committee will convene on December 12 to evaluate the issuance of unsecured, taxable, redeemable non-convertible debentures (NCDs) worth up to ₹2,500 crore on a private placement basis. The proposed issue forms part of HUDCO’s plan to strengthen its long-term borrowing structure.
Pine Labs
Pine Labs’ subsidiary Setu launched India’s first “agentic” bill payment ecosystem on AI interfaces such as ChatGPT and Claude. The system is designed to automate bill fetching, detect anomalies in charges, and streamline timely payments, thereby reducing manual intervention and customer errors.
Power, Infrastructure & Mining Developments
Tata Power
Tata Power announced the commissioning of the 400 kV Koteshwar–Rishikesh transmission corridor. This line allows the evacuation of up to 1,000 MW of hydropower from the Tehri–Koteshwar generating complex in Uttarakhand to northern states and union territories. The project is expected to enhance grid stability and facilitate increased renewable energy integration in the region.
Highway Infrastructure Ltd
Highway Infrastructure Ltd received a Letter of Acceptance from the National Highways Authority of India valued at ₹328.78 crore. The award pertains to tolling and operations at the Kaza Fee Plaza on the Chilakaluripet–Vijayawada section of NH-16, serving an 82.5-km high-volume stretch connecting northern Andhra Pradesh with industrial and port clusters in the south.
IRB Infrastructure Developers
IRB Infrastructure Developers, along with its sponsored InvITs, reported ₹716 crore in combined toll revenue for November 2025—reflecting a 16 percent year-on-year growth from ₹618 crore last year. Company leadership highlighted that revenue momentum strengthened in November compared with October’s 9 percent growth rate.
National Aluminium Company (NALCO)
NALCO’s Board approved the award of the mine developer–operator contract for the Pottangi Bauxite Mines to Dilip Buildcon, which emerged as the L1 bidder. The 25-year contract includes development of the mining block and associated overland conveyor infrastructure, with base mining charges fixed at ₹423 per tonne.
Strategic Partnerships, Acquisitions & Technology Introductions
Zydus Lifesciences
Zydus Lifesciences announced a strategic licensing and supply agreement through its UAE-based subsidiary with Formycon AG for FYB206, a biosimilar referencing Pembrolizumab (Keytruda). Formycon will oversee development and manufacturing, while Zydus will lead the commercialisation strategy for the United States and Canada.
Anupam Rasayan India
Anupam Rasayan India entered into a definitive agreement to acquire Jayhawk Fine Chemicals Corporation, a US-based specialty chemicals manufacturer, for $150 million. The acquisition expands Anupam’s global footprint in high-value chemical intermediates and is expected to be EPS accretive, subject to regulatory approvals.
Graphite India
Graphite India signed an exclusive distribution and commercial partnership with Kivoro to introduce graphene-based Heat Transfer Additive technology to India. The solution aims to enhance thermal efficiency within the corrugated paperboard manufacturing industry and positions Graphite India as the sole distributor domestically.
Godrej Industries Group
Creamline Dairy Products, a subsidiary of Godrej Agrovet, formalised an MoU with the Government of Telangana to invest ₹150 crore in establishing a dairy processing unit on a 40-acre site. With this investment, the group’s cumulative planned investments in the state exceed ₹10,000 crore across various business units.
Order Wins, Operational Progress & Regulatory Updates
GPT Infraprojects
GPT Infraprojects emerged as the lowest bidder for a project worth ₹199.17 crore from the North Eastern Railway. The award includes construction of substructures and fabrication of superstructures for two major bridges over the Rapti river—Bridge Nos. 247 and 287—each designed for double-line capacity with 25-tonne axle load specifications.
HG Infra Engineering
HG Infra Engineering received an assessment order from the GST Department, Ghaziabad, confirming the closure of show-cause notice proceedings for FY 2022–23 with a nil tax, interest, and penalty liability. The original show-cause notice had indicated dues of ₹220.03 crore.
Corporate Governance & Leadership Changes
NRB Bearings
NRB Bearings announced the resignation of its Chief Financial Officer, Raman Malhotra, effective December 13. The Board appointed Financial Controller Dhara Dhedhi as Interim CFO and Key Managerial Personnel beginning December 14, pending the appointment of a permanent successor.
Bulk Deals & Market Activity
JSW Energy
GQG Partners Emerging Markets Equity Fund sold 1.52 crore shares in JSW Energy, equivalent to 0.87 percent of paid-up equity, for ₹676.7 crore at ₹444 per share. After the sale, GQG’s holding stands at around 1.8 percent, based on prior shareholding disclosures.
Anand Rathi Wealth
SBI Mutual Fund acquired 6.02 lakh shares of Anand Rathi Wealth at ₹2,800 per share, amounting to ₹168.8 crore in value. Promoter Amit Rathi sold 20 lakh shares for ₹560 crore, while investor Fahim Sultan Ali made a net purchase of 3.54 lakh shares. These movements indicate significant institutional and high-net-worth activity in the counter.
Mainboard & SME Listings
Mainboard Listings
- Meesho
- Aequs
- Vidya Wires
SME Listings
- Shri Kanha Stainless
Corporate Actions & Suspension Notices
Garodia Chemicals
Garodia Chemicals trades ex-date on account of a resolution plan and suspension framework initiated by the exchanges.
F&O Ban and Removal Updates
Bandhan Bank and Sammaan Capital remain under the F&O restriction list as per market-wide position limit norms. Kaynes Technology India has been removed from the ban list for today’s session.
Conclusion
The share market today will closely follow updates such as Swiggy’s large-scale fundraising, Tata Power’s transmission expansion, NALCO’s mine development contract, Zydus Lifesciences’ biosimilar collaboration, and major bulk deal actions in JSW Energy and Anand Rathi Wealth. These developments frame the key stocks to watch today for December 10, offering insights into sectoral movements and corporate strategy. All information has been sourced from official filings, company announcements, and regulatory disclosures.
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