The stocks to watch today span multiple sectors as companies announce regulatory updates, acquisitions, inspection outcomes, and major operational developments. As the share market today opens for Thursday’s session, investors will track developments across pharmaceuticals, financial services, energy, infrastructure, and consumer brands.
Share Market News – Highlights
- Piramal Pharma receives US FDA Form 483 observations
- Infosys completes buyback and key promoters reduce stake
- Rama Steel Tubes acquires UAE-based Automech Group
- Firstsource Solutions expands UK presence through acquisition
- Kansai Nerolac exits Sri Lanka subsidiary
- NBCC secures consultancy projects from NALCO and SAIL
- Vedanta wins critical minerals block under government auction
- RRP Defense partners with Israel’s Meprolight
- Honasa Consumer acquires men’s grooming brand Reginald Men
- Tata Power receives LOI for Jejuri–Hinjewadi transmission project
- Cyient strengthens Middle East business through ADGCE acquisition
- Yes Bank leadership transition update
- Major block deals in Uflex, Yes Bank, and Gallantt Ispat
- Earnings expected today
Piramal Pharma: US FDA Completes Inspection With VAI Observations
Piramal Pharma disclosed that the US FDA concluded its general GMP inspection of the company’s Lexington, Kentucky facility, performed between December 3–10. At the end of the process, the regulator issued a Form 483 containing four observations. These remarks relate to procedure improvements and are expected to fall under the “Voluntary Action Indicated” classification, implying that no further regulatory action is anticipated other than corrective steps undertaken by the company.
Infosys: Buyback Finalised and Promoter Group Reduces Stake
Infosys confirmed the completion of its share buyback programme, following which 10 crore equity shares have been extinguished. Alongside this, certain promoter family members reduced their holdings. Shreyas Shibulal sold 19.92 lakh shares for approximately ₹317 crore over December 10–11, lowering his stake to 0.44%. Bhairavi Shibulal also divested 5.42 lakh shares worth ₹86.21 crore, reducing her stake to 0.12%.
Rama Steel Tubes: Expands GCC Presence With Automech Group Acquisition
Rama Steel Tubes announced the acquisition of Automech Group, a UAE-based manufacturer of high-precision components, machinery, and contract engineering services. The deal is valued at AED 296 million (₹728 crore). This acquisition strengthens the company’s footprint across the GCC and MENA regions while supporting its transition into higher-value engineering services.
Firstsource Solutions: Completes UK Credit Solutions Acquisition
Firstsource Solutions has completed the acquisition of Pastdue Credit Solutions, a UK-based FCA-regulated collections and debt recovery firm. The transaction, valued at GBP 22 million, expands the company’s reach in early arrears management, consumer collections, and outsourced financial support services.
Kirloskar Ferrous Industries: Hiriyur Plant Maintenance Continues
Kirloskar Ferrous Industries confirmed that operations at its Hiriyur plant in Karnataka remain suspended. The site requires additional maintenance and repair work before resuming normal production.
Kansai Nerolac Paints: Exits Sri Lankan Subsidiary
Kansai Nerolac approved the sale of its full 60% stake in Kansai Paints Lanka to Sri Lanka-based Atire. The company will formalise the transaction through a definitive agreement, enabling strategic consolidation of its regional operations.
TRF: Change in Executive Leadership
TRF announced the resignation of Chief Financial Officer and Key Managerial Personnel Anand Chand effective December 11 as he transitions to another role within the Tata Steel Group. The Board has appointed Animesh Upadhyay as the new CFO and KMP, effective December 12.
NBCC (India): Secures Over ₹289 Crore in New PMC Orders
NBCC received two project management consultancy orders, including a ₹255.50 crore mandate from NALCO for construction, repair, and infrastructure development across office and township facilities. A second order worth ₹33.89 crore was awarded by SAIL Bokaro for structural and engineering works.
Vedanta: Wins Critical Minerals Block Under Government Auction
Vedanta has been declared the successful bidder for the Genjana block, containing nickel, chromium, and PGE resources. This award forms part of the Government of India’s Critical Minerals Auctions (Tranche III) and adds to Vedanta’s expanding portfolio in metals essential to industrial and energy applications.
RRP Defense: Partners With Israel’s Meprolight for Electro-Optics
RRP Defense announced a strategic collaboration with Israel-based Meprolight, a notable producer of weapon sights and electro-optics solutions. The partnership focuses on distribution, assembly, localisation, and long-term integration of advanced optical technologies for defence and law-enforcement applications in India.
Honasa Consumer: Expands Men’s Grooming Portfolio With Reginald Men Acquisition
Honasa Consumer, the parent of Mamaearth, has entered an agreement to acquire a 95% stake in BTM Ventures, owner of premium men’s grooming brand Reginald Men. The enterprise valuation for the deal stands at ₹195 crore. The remaining 5% stake will be purchased after 12 months based on pre-determined valuation metrics.
Tata Power: Receives LOI for Jejuri–Hinjewadi Transmission Project
Tata Power received a Letter of Intent from REC Power Development and Consultancy for the acquisition of Jejuri Hinjewadi Power Transmission Ltd. The special purpose vehicle will be responsible for constructing and operating a 400 kV double-circuit transmission line and GIS bay extensions across approximately 115 km. The estimated annual transmission charges total ₹155.78 crore.
Cyient: Strengthens Middle East Presence Through ADGCE Acquisition
Cyient announced the acquisition of Abu Dhabi & Gulf Computer Est. (ADGCE), a technology and digital transformation provider serving energy, utilities, transport, and connectivity sectors. The deal enhances Cyient’s ability to deliver IoT, analytics, and digital engineering solutions across the Middle East.
Yes Bank: Senior Leadership Transition Under Consideration
Sources indicated that the Nomination and Remuneration Committee at Yes Bank has chosen not to extend the tenure of Rajan Pental, currently Global Head of Retail Banking. His term is set to conclude in February 2026, following which he is expected to step down after nearly a decade with the organisation.
Major Block Deals: Uflex, Yes Bank, and Gallantt Ispat
Several significant block transactions were reported:
- Uflex: First Water Fund increased its stake to an estimated 3.64% after acquiring 5.45 lakh shares at ₹460 each.
- Yes Bank: BNP Paribas Financial Markets purchased 1.77 crore shares at ₹21.08 per share.
- Gallantt Ispat: Gallantt Industry bought 9.67 lakh shares at ₹590 each.
Earnings Scheduled for Release Today
Excelsoft Technologies and Eros International Media are set to announce their quarterly results on December 12.
These developments collectively shape market sentiment for the session, providing a broad view of the share market today and the stocks to watch today across sectors including technology, infrastructure, metals, pharmaceuticals, and financial services.
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