Stocks to watch today on December 16 are shaped by a combination of cross-border acquisitions, regulatory developments, large infrastructure orders, senior management changes, clean energy financing initiatives, and notable bulk transactions. These disclosures, made through exchange filings and official company announcements, are expected to influence investor attention in the share market today across pharmaceuticals, banking, IT services, infrastructure, real estate, renewable energy, logistics, and financial services.
Share Market News – Highlights
- SBI signs climate-focused foreign credit line
- HCL Technologies expands global digital partnership
- Zydus, Senores and Panacea announce key pharma updates
- Large EPC and construction orders announced
- Real estate acquisitions and redevelopment projects
- Senior leadership changes across companies
- Bulk deal activity highlights promoter stake changes
Banking, Financial Services & Credit Developments
State Bank of India
State Bank of India announced that it will enter into a €150 million line of credit agreement with KfW, the German development bank. The funding will be used to support climate-friendly energy generation projects in India, aligning with sustainability-focused financing initiatives.
Separately, the Central Government has appointed Ravi Ranjan, currently Deputy Managing Director at SBI, as Managing Director of the bank. The appointment reflects an internal leadership transition at India’s largest lender.
Can Fin Homes
Can Fin Homes’ Board approved the reappointment of Suresh Srinivasan Iyer as Managing Director and Chief Executive Officer for an additional two-year term starting March 18, 2026, subject to regulatory approvals. The Board also declared an interim dividend of ₹7 per equity share for FY26 and fixed December 19, 2025, as the record date.
RBL Bank
RBL Bank disclosed that its Chief Financial Officer, Buvanesh Tharashankar, has resigned to pursue opportunities outside the organisation. The resignation is effective December 15, 2025.
Information Technology & Digital Transformation
HCL Technologies
HCL Technologies expanded its digital transformation partnership with Aurobay Technologies, a division of Horse Powertrain specialising in hybrid and low-emission powertrain solutions. Under the expanded collaboration, HCLTech will support enterprise systems including SAP, Siemens Teamcenter PLM, and systems integration services across geographies such as Sweden and China.
The partnership focuses on enhancing manufacturing excellence, digital innovation, and operational scalability for Aurobay’s global operations.
Newgen Software Technologies
Newgen Software Technologies received an order valued at ₹16.53 crore for the supply, installation, customisation, and maintenance of a digital lending platform. The project involves end-to-end deployment of the solution for a client, including long-term technical support.
Intellect Design Arena
Intellect Design Arena’s US subsidiary announced partnerships with 35 Canadian credit unions across eight provinces. These institutions collectively manage more than $13 billion in assets under administration and serve over 3.7 lakh members. The partnership aims to enhance digital banking capabilities across onboarding, payments, account management, and member engagement.
Pharmaceuticals & Healthcare Updates
Senores Pharmaceuticals
Senores Pharmaceuticals entered into a share purchase agreement to acquire 100% equity in Apnar Pharma in two tranches. Upon completion, Apnar Pharma will become a wholly owned subsidiary, strengthening Senores’ pharmaceutical manufacturing and product portfolio.
Zydus Lifesciences
Zydus Lifesciences’ US subsidiary, Sentynl Therapeutics, announced that the US Food and Drug Administration has accepted the resubmission of its New Drug Application for copper histidinate (CUTX-101), a therapy used in the treatment of Menkes disease in paediatric patients.
The resubmission was classified as a Class I response, and the FDA assigned January 14, 2026, as the new PDUFA action date.
Panacea Biotec
Following the resignation of its Chief Financial Officer, Devender Gupta, Panacea Biotec’s Board appointed Vinod Goel as CFO with effect from December 16. Goel currently serves as Group CFO and Head of Legal and Corporate Governance and will assume expanded responsibilities.
Infrastructure, Engineering & Construction Orders
B L Kashyap and Sons
B L Kashyap and Sons secured a ₹615.69 crore order from Sattva CKC for structural and civil construction work at a commercial project. The scope includes large-scale civil execution, with the project scheduled for completion within 31 months.
Ion Exchange (India)
Ion Exchange India received contracts aggregating approximately ₹205 crore from Rayzon Energy and INOX Solar. The orders include ultra-pure water generation systems, effluent treatment plants, wastewater treatment solutions, and zero liquid discharge systems for large solar manufacturing facilities.
KNR Constructions
KNR Constructions received an income tax demand order amounting to ₹72 crore, inclusive of interest, for assessment year 2007–08. The company stated that it intends to appeal the order before the Telangana High Court and does not expect a material impact on its financial position.
Real Estate & Hospitality Developments
Arvind SmartSpaces
Arvind SmartSpaces acquired a residential high-rise project in Whitefield, Bengaluru, on an outright basis. The project has a saleable area of approximately 4.6 lakh square feet and a topline potential estimated at ₹550 crore.
Atlantaa
Atlantaa registered a development agreement for the redevelopment of a housing society in Borivali, Mumbai. The project spans 4,496 square metres and carries an estimated gross development value of ₹500 crore, with around 1.75 lakh square feet of saleable carpet area.
Lemon Tree Hotels
Lemon Tree Hotels announced the signing of Lemon Tree Hotel, Bandipur, Nepal. The 80-room property will be managed by its subsidiary, Carnation Hotels, marking an expansion of the group’s footprint in the Nepal hospitality market.
Logistics & Consumer Services
Delhivery
Delhivery launched an on-demand intracity shipping service through its Delhivery Direct app in Mumbai and Hyderabad. The service enables pickups within 15 minutes of booking, targeting rapid local delivery requirements.
Westlife Foodworld
Westlife Foodworld appointed Shardul Doshi as Chief Financial Officer for the company and its subsidiary, effective December 15. The appointment reflects a leadership transition within the company’s finance function.
Corporate Governance & Compliance
Zee Media Corporation
Zee Media Corporation disclosed that a pre-institution mediation proceeding has been initiated against the company at the Alternative Dispute Redressal Centre in Barasat, Kolkata.
Solex Energy
Solex Energy signed a non-binding memorandum of understanding with Malaysia-based TT Vision Holdings Berhad. The collaboration aims to enhance automation, engineering capabilities, and talent development within solar manufacturing operations in India.
Sterling Tools
Sterling Tools announced the resignation of its Chief Financial Officer, Pankaj Gupta, effective December 31, as he pursues other professional opportunities.
Bulk Deal Activity
Geojit Financial Services
BNP Paribas SA sold 4.1 crore equity shares in Geojit Financial Services through bulk deals at ₹68 per share, reducing its stake significantly. The shares were acquired by a group of institutional investors and the company’s founder, resulting in a change in shareholding structure.
Corona Remedies
Invesco Mutual Fund acquired a 2.7% equity stake in Corona Remedies through multiple transactions, investing over ₹240 crore at prices ranging between ₹1,434 and ₹1,457 per share.
Conclusion
The share market today will closely monitor developments such as SBI’s climate-focused foreign credit line, cross-border pharmaceutical acquisitions, IT-driven digital transformation partnerships, major infrastructure order inflows, leadership changes across banks and corporates, and large promoter stake transactions. These disclosures collectively define the key stocks to watch today for December 16, based strictly on verified company announcements and regulatory filings.
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