The stocks to watch today for December 08 feature a wide mix of companies announcing share unlocks, strategic contracts, leadership appointments, and regulatory approvals. As the share market today digests these developments, several stocks are expected to draw attention due to material corporate actions disclosed through exchange filings and public statements.
Share Market News – Highlights
- Major Share Unlocks: Lenskart & Pine Labs
- Corporate Investments & Fundraising Decisions
- Significant Contract Awards & Order Wins
- Biocon: Consolidated Corporate Update
- Leadership Appointments & Governance Updates
- International Approvals & Export Orders
- Block Deals, SME Listings & Ex-Dividend Actions
- Stocks in F&O Ban List
Major Share Unlock Events
Lenskart Solutions
Lenskart Solutions enters the spotlight as its one-month lock-in period ends on December 8. Approximately 40.7 million shares, representing about 2 percent of the company’s total equity, will become available for trading. Based on the previous closing price, the value of the newly unlocked shares stands at an estimated ₹1,701 crore.
Pine Labs
Pine Labs is also set for a liquidity event with its shareholder lock-in ending on the same day. Nearly 19.8 million shares, equal to 2 percent of outstanding equity, will be released for trade. The value of these unlocked shares is around ₹489 crore, as per the last recorded market price.
Corporate Investments & Fundraising Decisions
CEAT Ltd
CEAT’s Finance and Banking Committee approved the issuance of up to ₹250 crore in unsecured non-convertible debentures. The company also sanctioned an investment of IDR 3,800 million in PT CEAT Tyres Indonesia to strengthen its overseas operations.
NBCC (India) Ltd
NBCC reported the successful sale of 175 residential units via an e-auction in Greater Noida, generating ₹485.41 crore. The firm earned a marketing fee of 1 percent on these transactions.
Dabur India
Dabur India received a “no objection” letter from NSE regarding its scheme of amalgamation involving Sesa Care. The approval facilitates the next phase of the corporate restructuring process.
Significant Contract Awards & Order Wins
Cochin Shipyard Ltd
Cochin Shipyard signed a major shipbuilding contract with Denmark-based Svitzer to construct four fully electric TRAnsverse 2600E tugs. The 26-metre vessels support Svitzer’s fleet renewal strategy, with optional orders for four more tugs. This marks a notable addition to Cochin Shipyard’s green vessel portfolio.
Ashoka Buildcon Ltd
Ashoka Buildcon received an additional work allocation of₹447.21 crore from the Brihanmumbai Municipal Corporation for its ongoing Sion–Panvel Highway flyover project. The expanded scope includes constructing Flyover Arms 1 and 2 at Maharashtra Nagar’s T-Junction.
MTAR Technologies
MTAR Technologies secured orders worth ₹194 crore from Megha Engineering & Infrastructures Ltd. The order covers the supply of end fittings and associated components for the civil nuclear power segment and will be executed by April 2028.
HFCL Ltd
HFCL announced export orders of $72.96 million (about ₹656 crore) for optical fiber cables through its overseas subsidiary. The order was placed by a global customer, further extending HFCL’s international presence.
SPML Infra
SPML Infra, in joint venture with Shree Hari Infraprojects, received a contract worth ₹207.38 crore from the Public Health Engineering Department in Rajasthan under the Jal Jeevan Mission.
Zen Technologies
Zen Technologies secured a ₹120-crore order from the Ministry of Defence to establish India’s first Combat Training Node (CTN) at the Infantry School in Mhow, Madhya Pradesh.
RailTel Corporation of India
RailTel won an international order valued at ₹14.4 crore from the Ministry of External Affairs for supplying 2,000 AI-enabled laptops.
Delhivery
Delhivery announced successful testing of its autonomous VTOL drone technology in Deoria, Uttar Pradesh, marking progress in its logistics automation initiatives.
Biocon: Integrated Corporate Update
Biocon released a consolidated update covering both strategic restructuring and regulatory progress. The company finalized plans to fully integrate its subsidiary Biocon Biologics into the parent entity by acquiring the remaining stakes held by Serum Institute Life Sciences, Tata Capital, and Activ Pine. The share swap ratio for this integration is set at 70.28 Biocon shares for every 100 Biocon Biologics shares, valuing the subsidiary at $5.5 billion. The transaction is subject to statutory approvals.
Additionally, Biocon Pharma, a subsidiary of Biocon, received tentative approval from the US FDA for its abbreviated new drug application for carbidopa and levodopa extended-release capsules, which are used in treating Parkinson’s disease. The two updates were merged to avoid duplication, ensuring a single comprehensive overview of the company’s disclosures.
Leadership Appointments & Governance Updates
ONGC
ONGC’s Board approved the re-appointment of Arun Kumar Singh as Chairman and CEO for an additional one-year term effective December 7, ensuring continuity in leadership.
Life Insurance Corporation of India
The Government of India nominated Shalini Pandit, Joint Secretary in the Department of Financial Services, as Government Nominee Director on the Board of LIC, replacing Prashant Kumar Goyal.
Uniparts India
Uniparts India appointed Tanushree Bagrodia as Group CEO effective January 1, 2026. She will continue to serve as a Whole-Time Director. The company also appointed Paleswara Rao S. V. Duvvuri as Chief Operating Officer.
RBL Bank
RBL Bank confirmed the completion of Somnath Ghosh’s term as Non-Executive Independent Director on December 6.
Quess Corp
Quess Corp elevated Lohit Bhatia to the position of Chief Executive Officer from his earlier role as President – India and Global Operations.
Linde India
Linde India disclosed that its Chief Financial Officer, Neeraj Kumar Jumrani, has resigned effective February 15, 2026, to pursue other professional opportunities.
International Approvals & Export Market Activities
Biocon Pharma
This update is included in the consolidated Biocon section above to ensure no repetition.
IOL Chemicals and Pharmaceuticals
IOL Chemicals received a Certificate of Suitability from the European Directorate for the Quality of Medicines for its API Minoxidil, used globally in dermatology formulations for hereditary hair loss management.
Block Deals, SME Listings & Corporate Actions
ITC Hotels: Large Block Deal Recorded
Affiliates of British American Tobacco—Tobacco Manufacturers India, Myddleton Investment Company, and Rothmans International Enterprises—sold 18.75 crore shares (9 percent equity) of ITC Hotels for approximately ₹3,856 crore at a price of ₹205.65 per share.
Major buyers included HCL Capital, which acquired nearly 7 percent equity (14.57 crore shares) for ₹2,998 crore. Other institutional buyers included Societe Generale, Vanguard Group, Nippon India MF, Morgan Stanley Asia Singapore, BNP Paribas Arbitrage, and ADIA, collectively purchasing an additional 4.17 crore shares for ₹858 crore.
Polyplex Corporation
K2 Family Private Trust acquired 2.75 lakh shares of Polyplex Corporation for ₹22.55 crore at ₹820 per share from First Water Fund.
SME Listings
- Invicta Diagnostic
- Clear Secured Services
- Ravelcare
- Speb Adhesives
- Astron Multigrain
Ex-Dividend Stock
Modison trades ex-dividend as per the exchange calendar.
Stocks in F&O Ban List
The derivatives ban list for the day includes Bandhan Bank, Kaynes Technology, and Sammaan Capital based on market-wide position limits.
Conclusion
The share market today reflects a broad set of disclosures ranging from share unlocks, block deals and restructuring initiatives to contract wins, leadership transitions, and international certifications. These corporate announcements collectively shape the list of stocks to watch today for December 08 and offer an overview of developments across diverse sectors. All data points are based on official filings, public disclosures, and regulatory communications.
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