Stocks to Watch Today – L&T, Siemens, IndiGo and Market Outlook | December 09

Stocks to Watch Today for December 09 with major company announcements and share market today updates.

The stocks to watch today for December 09 bring together a wide range of material disclosures involving earnings growth, strategic restructuring, slump sale approvals, contract wins, and regulatory actions. Several companies across sectors such as engineering, aviation, manufacturing, finance, and infrastructure have released updates that may influence the share market today, based on official filings and public announcements.


Share Market News – Highlights


Quarterly Earnings Announcements

Physicswallah – Q2 FY Earnings

Physicswallah reported strong year-on-year performance for the September quarter. Consolidated net profit grew 69.6 percent to ₹69.7 crore, compared with ₹41.1 crore a year earlier. Revenue advanced 26.3 percent to ₹1,051.2 crore, up from ₹832.2 crore, supported by continued momentum in education services and digital learning platforms.

Fujiyama Power Systems – Consolidated Earnings Update

Fujiyama Power Systems recorded substantial growth in profitability and scale during Q2. Net profit jumped 97.4 percent to ₹62.9 crore versus ₹31.9 crore a year earlier. Revenue increased 72.6 percent to ₹567.9 crore. The company’s operational performance improved as well, with EBITDA rising from ₹50.1 crore to ₹103 crore and EBITDA margin expanding to 18.1 percent from 15.2 percent, reflecting better operating leverage.

Auto Sales & Production Overview

Mahindra & Mahindra – Combined Operational Update

Mahindra & Mahindra reported a significant improvement in performance for the month of November. Sales volumes increased 19.6 percent year-on-year to 91,839 units, supported by stable demand across product segments. Exports rose 7.5 percent to 3,036 units, while the company’s production output grew 18.4 percent to 96,196 units, compared with 81,239 units in the same month last year.

Major Corporate Restructuring & Business Transfers

Larsen & Toubro – Consolidated Restructuring Update

Larsen & Toubro approved the transfer of its realty undertaking to its wholly owned subsidiary, L&T Realty Properties Ltd, through a slump sale under a Scheme of Arrangement. The Board cleared the proposal during its meeting in Muscat, Oman, upon recommendations from the Audit Committee and independent directors. The real estate business will be transferred as a going concern, subject to regulatory approvals.

Siemens – Integrated Business Transfer Update

Siemens confirmed that its Board has approved and executed an agreement to sell its Low Voltage Motors and Geared Motors businesses, including customer service operations, to Innomotics India Private Ltd. The slump-sale transaction has been valued at an enterprise price of ₹2,200 crore on a cash-free, debt-free basis. Completion is subject to statutory clearances, including approval from the Competition Commission of India where required.

Financial Sector Transactions & Approvals

ICICI Bank – Consolidated Transaction Update

ICICI Bank announced that it has entered into a share purchase agreement with Prudential Corporation Holdings to acquire an additional 2 percent stake in ICICI Prudential Asset Management Company. The acquisition, priced at ₹2,140 crore, aligns with prior disclosures and has already received shareholder approval at the company’s 31st Annual General Meeting. The transaction qualifies as a material related-party deal.

Bajaj Finserv – Insurance Subsidiaries’ Business Performance

Bajaj Finserv released provisional performance data for November 2025 relating to Bajaj General Insurance Ltd and Bajaj Life Insurance Ltd. Gross direct premiums for general insurance stood at ₹3,999.38 crore for the month and ₹17,463.85 crore year-to-date. Bajaj Life Insurance also reported its new business premium data for November and for the period from April to November 2025.

Aviation Sector: IndiGo Consolidated Update

InterGlobe Aviation (IndiGo)

IndiGo was the subject of multiple disclosures, which have been consolidated into a single section for clarity. Moody’s remarked that the widespread flight disruptions faced by the airline were credit negative, citing the possibility of revenue loss, high refund obligations, and potential regulatory penalties arising from operational lapses. The rating agency noted that the disruptions occurred despite prior communication of aviation guidelines to the industry.

Separately, IndiGo announced that its network operations have now been fully restored. The airline has processed refunds totaling ₹827 crore, with additional refunds for cancelled flights through December 15 still underway. A four-member DGCA panel investigating the incident is expected to summon senior executives, including the CEO and COO, for further examination.

Significant Contract Awards & MoUs

Welspun Corp – Consolidated Contract Update

Welspun Corp announced that its associate company in Saudi Arabia, East Pipes Integrated Company for Industry (EPIC), has secured a major contract from the Saudi Water Authority for the manufacturing and supply of steel pipes. The contract, valued at more than 485 million SAR (around ₹1,165 crore), will be executed over a six-month period. The financial impact is expected to be reflected in Q4 FY26 and Q1 FY27.

VTM Ltd

VTM signed a memorandum of understanding with the Government of Tamil Nadu to invest ₹50 crore over two years in facilities for producing cotton grey fabric and home textile products across Madurai and Virudhunagar districts.

Dredging Corporation of India

Invesco Mutual Fund, through its Infrastructure Fund, acquired 2.5 lakh shares (0.89 percent) of Dredging Corporation for ₹23.6 crore at ₹942.83 per share. This follows an earlier purchase of 1.52 lakh shares on November 3, bringing its cumulative stake to over 1 percent.

Bulk Deals, SME Listings & Rights-Related Updates

Welspun Enterprises

Promoter entity Welspun Group Master Trust purchased 7.5 lakh shares (0.54 percent equity) of Welspun Enterprises for ₹38.7 crore at ₹516.11 per share, increasing promoter interest from the previously reported 55.48 percent stake.

Indian Phosphate

BNP Paribas Financial Markets offloaded 4.71 lakh shares (1.88 percent equity) of Indian Phosphate for ₹3.06 crore at ₹65 per share. The firm earlier held 2.13 percent stake as of September 2025.

Poly Listings – SME Segment

  • Neochem Bio Solutions
  • Helloji Holidays

Rights Action

Deccan Gold Mines trades ex-date for rights entitlement.

Stocks in F&O Ban

The derivatives ban list for the session includes Bandhan Bank, Kaynes Technology, and Sammaan Capital, as per market-wide position limit notifications.

Conclusion

The share market today includes a diverse set of updates spanning strong earnings growth, contract awards, corporate restructurings, and regulatory developments. These disclosures shape the landscape of stocks to watch today for December 09 and reflect sector-wide activity based on company filings and official statements. All information presented is strictly factual and compliant with regulatory communication standards.

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