The stocks to watch today for December 11 span key developments across steel, infrastructure, real estate, energy, banking, insurance, pharmaceuticals, and industrial manufacturing. Multiple companies have disclosed capital investments, partnership agreements, regulatory approvals, and significant project wins, which may influence the share market today based on official communications.
Share Market News – Highlights
- Steel & Metals: Expansion, Acquisitions, and Mining Collaborations
- Infrastructure, Construction & Real Estate Developments
- Energy, LNG & Petrochemical Financing Updates
- Pharmaceutical Launches & Healthcare Developments
- Banking, Insurance & Regulatory Decisions
- Strategic Agreements & MoUs
- Bulk Deals & Institutional Transactions
- Mainboard & SME Listings
- Derivatives Ban List
Steel & Metals: Expansion, Acquisitions, and Mining Collaborations
Tata Steel – Consolidated Multi-Project Update
Tata Steel announced a comprehensive series of strategic decisions approved by its Board. The company will undertake a 4.8 MTPA expansion at Neelachal Ispat Nigam Ltd (NINL) as part of Phase 1 of its broader long-products capacity program. This expansion strengthens Tata Steel’s integration plans for its eastern India steel operations.
The Board has also approved setting up a 0.7 MTPA Hot Rolled Pickling and Galvanizing Line (HRPGL) at its Tarapur Cold Rolling Complex in Maharashtra. The facility will enhance the output of galvanized products used in automotive, appliance, and industrial sectors.
Further, Tata Steel will acquire a 50.01% equity stake in Thriveni Pellets Pvt Ltd for ₹636 crore, ensuring a consistent domestic supply of iron ore pellets. Engineering activities have begun for a 1 MTPA demonstration plant in Jamshedpur, supporting the company’s future steelmaking technology roadmap.
Lloyds Metal and Energy – Consolidated Update
Lloyds Metal and Energy’s subsidiary, Lloyds Global Resources FZCO, received approval to acquire a 50% stake in Nexus Holdco FZCO for up to $55 million. Nexus controls majority stakes in Surya Mines SARL and several other entities with mining concessions and a copper processing unit in the Democratic Republic of the Congo.
The Board also authorised the signing of a non-binding MoU with Tata Steel to explore collaboration in raw material mining, logistics solutions, pellet operations, and steelmaking technologies.
Infrastructure, Construction & Real Estate Developments
Ashoka Buildcon – Consolidated Project & Compliance Update
Ashoka Buildcon, through the Adani–Ashoka–Aakshaya joint venture, secured a Letter of Acceptance worth ₹1,815.79 crore from the Brihanmumbai Municipal Corporation for the Mithi River Development and Pollution Control Project. The project focuses on flood mitigation infrastructure and environmental improvement.
The company also addressed the NHAI girder collapse incident, stating that preliminary assessment indicates a vehicle entered a restricted construction zone at the time of the accident. Ashoka Buildcon noted that it is evaluating the financial implications and confirmed that other operations continue without disruption.
Puravankara – Consolidated LoA Update
Puravankara’s wholly owned subsidiary, Starworth Infrastructure & Construction, received a ₹509.52 crore Letter of Acceptance for turnkey civil construction, mechanical and electrical works, finishing, and external development for Varnam Phase 1 at the One Bangalore Luxury Project.
Prestige Estates Projects
Prestige Estates Projects expanded its development footprint by acquiring, through its subsidiaries, partnership interest in Bharatnagar Buildcon LLP for ₹938.75 crore. This acquisition increases Prestige’s indirect stake in the LLP to 66.93 percent.
KEI Industries – Consolidated Production Update
KEI Industries commenced the first phase of commercial production at its new Sanand-II greenfield facility in Ahmedabad. The plant, part of a ₹2,000 crore expansion program, will produce LT and HT cables and is supported through internal accruals and QIP proceeds.
Mazagon Dock Shipbuilders – Consolidated Defence Collaboration Update
Mazagon Dock Shipbuilders, the Indian Navy, and the Brazilian Navy signed an MoU enabling exchange of information related to the maintenance of Scorpène-class submarines and broader cooperation in shipbuilding technologies, procurement practices, and joint research opportunities.
Energy, LNG & Petrochemical Financing Updates
Petronet LNG – Consolidated Financing Update
Petronet LNG finalized ₹12,000 crore in rupee term loans from a consortium led by State Bank of India and Bank of Baroda. The funds will support the development of a petrochemicals project comprising a 750 KTPA Propane Dehydrogenation (PDH) unit and a 500 KTPA Polypropylene (PP) facility at Dahej, Gujarat.
Adani Enterprises – Consolidated Rights Issue Update
Adani Enterprises declared the closure of its ₹25,000 crore rights issue, which received 108 percent subscription. Promoters subscribed fully, and public participation exceeded the shares available in that category. Investors have paid ₹900 per share as the first installment, with further calls scheduled for January and March 2026.
Pharmaceutical Launches & Healthcare Developments
Cipla – Consolidated Product Launch Update
Cipla launched Yurpeak (tirzepatide), a once-weekly injectable therapy indicated for managing obesity and Type 2 Diabetes Mellitus. The company holds the distribution and promotion rights in India following regulatory approval. Yurpeak becomes the second tirzepatide-based therapy introduced into the domestic market.
Banking, Insurance & Regulatory Decisions
State Bank of India & Bank of Baroda – Consolidated Regulatory Approval Update
SBI and Bank of Baroda received authorisation from the Reserve Bank of India to establish a Section 8 company dedicated to the Digital Payments Intelligence Platform. The Ministry of Finance has granted both lenders permission to hold stakes exceeding 30 percent in the proposed entity until October 16, 2026.
Life Insurance Corporation of India – Consolidated GST Update
LIC reported receiving a GST demand order of ₹2,370.34 crore from the Maharashtra State Tax Department. The demand includes tax, interest, and penalties for FY 2021–22 to 2023–24, as disclosed in regulatory filings.
SBI Life Insurance – SAT Ruling Update
The Securities Appellate Tribunal upheld the IRDAI directive relating to the transfer of Sahara India Life Insurance’s policyholder assets and liabilities to SBI Life. The appeal filed by Sahara India Life Insurance was dismissed.
Nestlé India – Consolidated Leadership Changes
Nestlé India announced that CFO Svetlana Boldina will step down from her role effective January 31, 2026, to take up a new assignment within the Nestlé group. The company also confirmed the nomination of Jagdeep Singh Marahar as Whole-time Director effective June 1, 2026. As part of a structured transition, he will serve as Head – Technical beginning May 1.
IndusInd Bank
IndusInd Bank launched its new ‘IndusInd Bank Jio-bp Mobility+’ RuPay credit card in association with Jio-bp. The product is the lender’s first fuel-linked card and offers accelerated reward benefits across Jio-bp Mobility Stations along with lifestyle features and UPI-enabled transactions.
Strategic Agreements & MoUs
DCM Shriram – Consolidated MoU Update
DCM Shriram entered into an MoU with Bayer Crop Science to explore collaboration across crop inputs, digital advisory platforms, biological solutions, and sustainable farming initiatives. The partnership will also examine value-chain enhancement opportunities including soil health and carbon sequestration pilot projects.
Bulk Deals & Institutional Transactions
Adani Green Energy – Consolidated Block Deal Update
TotalEnergies Renewables Indian Ocean divested 2.86 crore shares (1.7% stake) in Adani Green Energy through block transactions worth ₹2,778.09 crore. Quant Mutual Fund emerged as the largest buyer, acquiring 1.23 crore shares for ₹1,200 crore. The remainder was purchased by 16 institutional and strategic investors including BNP Paribas, Edelweiss MF, Vanguard Emerging Markets Fund, and several investment trusts.
Mainboard & SME Listings
SME Listings
- Luxury Time
- Western Overseas Study Abroad
Derivatives Ban List
Bandhan Bank and Sammaan Capital remain under the derivatives ban based on market-wide position limit guidelines.
Conclusion
The share market today will track several broad developments including Tata Steel’s multi-pronged expansion strategy, Petronet LNG’s financing commitments, regulatory developments involving SBI, Bank of Baroda, and LIC, new pharmaceutical launches by Cipla, major project awards across the EPC sector, and significant institutional transactions in Adani Green Energy. These updates form the core list of stocks to watch today for December 11, based solely on verified disclosures and official announcements.
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