Stocks to Watch Today – HCLTech, Tata Power, RailTel, Deepak Nitrite December 05

The stocks to watch today for December 05 come into focus as the share market today tracks a wide range of corporate announcements spanning partnerships in AI, shutdown notices, block deals, real estate fundraising, defence orders, promoter share movements, and major work contracts. The developments include updates from large listed companies, mid-cap players, and emerging businesses, all of which contribute to the broader market narrative for the day.

Share Market News – Highlights

• HCLTech announces AI-led data analytics partnership
• Tata Power reports temporary Mundra unit shutdown
• BAT-linked investors plan ITC Hotels block sale
• Brookfield REIT launches QIP issue
• Deepak Nitrite subsidiary begins new plant operations
• Multiple order wins across defence, power cables, ICT networks
• Promoter and institutional share movements
• Significant bulk deals recorded in several companies
• Additional corporate updates and contracts

AI & Technology Expansion

HCLTech Forms AI-Based Data Analytics Collaboration

HCL Technologies has entered into a strategic collaboration with Strategy& aimed at strengthening enterprise-scale data analytics capabilities. The alliance will accelerate the deployment of Strategy Mosaic, a semantic layer powered by artificial intelligence, enabling global clients to integrate richer data interpretation models across their operations. This partnership represents a focused push toward scalable AI transformation solutions for large enterprises.

Power & Infrastructure Developments

Tata Power Temporarily Shuts Mundra Unit

Tata Power has confirmed a temporary shutdown of its Mundra-based generation unit. The company indicated that operations are expected to resume by the end of December, subject to internal assessments and standard procedures. This update is relevant for energy sector tracking, given the unit’s contribution within the company’s broader generation portfolio.

Deepak Nitrite’s Subsidiary Begins Operations at New Manufacturing Facility

Deepak Chem Tech Ltd, a wholly owned subsidiary of Deepak Nitrite, has initiated operations at its newly established Nitric Acid plant in Vadodara, Gujarat. Approximately ₹515 crore has been invested up to the commencement of manufacturing activities. The facility is expected to support the company's growth initiatives in chemical intermediates and value-added manufacturing.

Diamond Power Infrastructure Secures Large Supply Order

Diamond Power Infrastructure has received a letter of intent worth nearly ₹748 crore from Adani Green Energy. The order covers the supply of high-voltage and medium-voltage cables required for the Khavda and Rajasthan renewable energy projects. Deliveries are scheduled across 2026 and include over 5,600 km of cables commissioned on a rate-per-kilometre structure with a price variation clause.

Equity Transactions & Block Deals

ITC Hotels Set for Large Block Transaction by BAT-Linked Investors

A group of BAT-affiliated entities—Tobacco Manufacturers (India) Ltd, Myddleton Investment Company Ltd and Rothmans International Enterprises Ltd—are preparing to offload up to 7 percent of their holdings in ITC Hotels Ltd through a block deal estimated at ₹2,998 crore. The reported floor price stands slightly below the previous close, and the BAT Group’s stake after the transaction will reduce from its earlier holding of around 15.3 percent.

Capital Raising & Fundraising Activity

Brookfield India Real Estate Trust Initiates QIP Issue

Brookfield India Real Estate Trust has opened a qualified institutional placement valued at approximately ₹3,500 crore. The proposed issue price is set marginally below the prevailing market levels. This capital infusion will be utilised for ongoing acquisitions and partial debt reduction, aligning with the trust’s business expansion plans.

Aditya Birla Sun Life AMC Establishes New IFSC Entity

Aditya Birla Sun Life AMC Ltd announced the incorporation of a wholly owned subsidiary in GIFT City, named Aditya Birla Sun Life AMC International (IFSC) Ltd. The certification of registration was issued on December 4, marking the asset manager’s expansion into the financial services ecosystem of the international financial centre.

Order Wins Across Defence, Railways & Engineering

RailTel Receives ICT Network Contract

RailTel Corporation has secured a contract worth nearly ₹64 crore from the Central Public Works Department for the design, implementation, and commissioning of ICT networks. The order includes supply, installation, testing, commissioning and five years of operations and maintenance support. Completion is scheduled by May 2031.

Zen Technologies Bags Defence Training Order

Zen Technologies has been awarded defence orders collectively valued at ₹120 crore. The supply includes training simulators, notably its Comprehensive Training Node (CTN) system, which will be delivered within a one-year execution timeline.

Lloyds Engineering Works Partners for Radar Technology Development

Lloyds Engineering Works has announced a collaboration with Virtualabs focused on research and development in next-generation radar technologies. The partnership will support advancements in both defence-related and civilian applications and broaden the company’s engineering solutions portfolio.

Seamec Signs Multi-Year Vessel Charter Contract

Seamec Ltd has entered into a contract with HAL Offshore for deploying its multi-support vessel to support HAL’s ongoing obligations under a project for ONGC. The vessel will commence operations after statutory dry docking and will remain under charter for a duration of five years.

Niraj Cement Structurals’ Joint Venture Wins Metro Connectivity Work

A joint venture involving Niraj Cement Structurals has secured an order valued at ₹82.66 crore to build connectivity infrastructure between the SGMC monorail station and the Mahalaxmi metro and suburban railway station through a foot overbridge equipped with travellators.

Promoter Group & Corporate Governance Updates

Kirloskar Ferrous Updates on Share Transfer to IEPF

Kirloskar Ferrous Industries Ltd stated that it has initiated the statutory process to transfer certain shares to the Investor Education and Protection Fund (IEPF). The update was previously published in national newspapers and aligns with regulatory compliance requirements.

IFGL Refractories Records Internal Promoter Transfer

Within the promoter group of IFGL Refractories, Bajoria Financial Services acquired around 0.61 percent of the company’s equity from another promoter group entity. The internal transfer does not impact the overall promoter shareholding control.

JMG Corporation Undergoes Change in Promoter Ownership Structure

JMG Corporation Ltd disclosed that investor Neerav Bairagi launched an open offer to acquire up to 26 percent of the company. This follows his agreement to purchase 36 percent from existing promoters, after which he will assume the role of the new promoter.

Onme Soho Health and Beauty Executes Strategic Stake Sale

Onme Soho Health and Beauty Ltd sold a 15 percent stake in its Hong Kong-based subsidiary to a senior executive. This move brings key leadership into ownership and adjusts the company’s holding to approximately 85 percent.

Parmeshwar Metal Issues Clarification on Stock Movements

Parmeshwar Metal Ltd responded to stock exchange queries regarding recent market-driven fluctuations in its share price. The company clarified that there are no undisclosed events or managerial changes contributing to the movements.

Significant Bulk Deals Recorded

Other Corporate and Market Updates

Stock in F&O Ban

Sammaan Capital is included in the F&O ban list for the day, in accordance with market-wide position limit conditions.

Corporate Action – Rights Issue Ex-Date

Hindustan Construction Company trades ex-date for its rights entitlement, as per the exchange schedule.

Conclusion

The share market today features a broad spectrum of updates, from technology partnerships and plant inaugurations to fundraising measures, promoter actions and significant bulk deals. These developments collectively shape the list of stocks to watch today for December 05, offering a structured overview of corporate activity across multiple sectors. All updates presented above are based on company disclosures and publicly available information, following standard reporting norms and regulatory guidelines.