Stocks to watch today for December 15 include companies announcing major technology partnerships, regulatory inspection outcomes, large order wins, clean energy investments, leadership changes, and capital infusions. These developments, disclosed through official filings and company communications, are expected to shape market attention in the share market today across sectors such as IT services, pharmaceuticals, infrastructure, defence manufacturing, renewable energy, banking, and consumer businesses.
Share Market News – Highlights
- Wipro expands AI partnerships with Google Cloud and Microsoft
- Pharma companies conclude USFDA inspections
- Infrastructure and EPC firms secure large orders
- Energy and renewables investments gather pace
- Paytm infuses capital into payments subsidiary
- Defence manufacturing sees fresh order inflows
- Banking sector asset quality and governance actions
- Leadership changes and compliance disclosures
- Bulk and block deal activity
- Mainboard and SME listings
Technology & Digital Transformation Developments
Wipro
Wipro announced the expansion of its long-standing partnership with Google Cloud by adopting Gemini Enterprise across its global operations. The initiative aims to embed AI-driven workflows across core corporate functions, enhancing productivity and enterprise decision-making.
Separately, the company entered into a three-year strategic collaboration with Microsoft to support enterprises in transitioning into “Frontier Firms,” which are early adopters of artificial intelligence at scale. The partnership focuses on deploying advanced AI solutions across business processes, cloud platforms, and data analytics ecosystems.
Pharmaceutical Sector: Regulatory Inspection Outcomes
Dr Reddy’s Laboratories
The US Food and Drug Administration completed a Good Manufacturing Practices and Pre-Approval Inspection at Dr Reddy’s formulations facility in Srikakulam, Andhra Pradesh. The inspection, conducted between December 4 and December 12, concluded with a Form 483 containing five observations. The company stated that these observations relate to procedural aspects.
SMS Pharmaceuticals
SMS Pharmaceuticals concluded a USFDA inspection at its API manufacturing facility in Visakhapatnam between December 8 and December 12. The audit resulted in a single minor procedural observation under Form 483, which the company clarified is not related to data integrity.
Aurobindo Pharma
Aurobindo Pharma’s subsidiary, Apitoria Pharma, completed a USFDA inspection at its Unit-V API facility in Telangana. The inspection, held from December 1 to December 12, ended with three procedural observations listed in a Form 483. The company stated it will respond within the stipulated timeframe.
Infrastructure, EPC & Construction Activity
Ashoka Buildcon
The Ashoka–Aakshaya Joint Venture, in which Ashoka Buildcon holds a majority stake, received a Letter of Acceptance-cum-work order from the Brihanmumbai Municipal Corporation valued at ₹1,041.44 crore. The project involves the construction of a flyover linking J J Bridge with Sitaram Selam Bridge at a key junction in Mumbai’s E Ward.
KEC International
KEC International secured new orders worth ₹1,150 crore across its transmission & distribution and civil engineering businesses. The India T&D segment won its largest-ever order for a 765 kV transmission line and a 765/400 kV AIS substation on a turnkey basis from a private player.
Additionally, the civil business received an order for structural and civil works for a 150 MW thermal power project. The company also disclosed that Manjit Singh Sethi has resigned from his role as Executive Director – Renewables, effective December 12.
Energy, Renewables & Power Sector Updates
NLC India
NLC India received a Letter of Acceptance from the National Capital Region Transport Corporation to set up 110 MW (AC) of grid-connected solar photovoltaic projects in Uttar Pradesh under captive mode.
In addition, its subsidiary NLC India Renewables entered into a joint venture agreement with PTC India to develop green energy projects, with an initial focus on around 500 MW as part of a larger phased plan.
Godawari Power and Ispat
Godawari Power and Ispat approved a significant expansion of its Battery Energy Storage System manufacturing project. The planned capacity has been increased from 10 GWh to 40 GWh, with the total investment revised upward to ₹1,625 crore.
Phase 1 will raise capacity to 20 GWh at a cost of ₹1,025 crore, while Phase 2 will further scale it to 40 GWh with an additional ₹600 crore investment.
Tata Power
Tata Power received a Letter of Intent from REC Power Development and Consultancy for the acquisition of Jejuri Hinjewadi Power Transmission, a project-specific special purpose vehicle. The SPV will be responsible for constructing and operating a 400 kV double-circuit transmission line spanning approximately 115 km, along with associated substation works.
Payments, Fintech & Consumer Technology
One 97 Communications (Paytm)
One 97 Communications completed an additional capital infusion of ₹2,250 crore into its wholly owned subsidiary, Paytm Payments Services. The investment was made through the subscription of equity shares under a rights issue and was completed on December 12.
Defence Manufacturing & Aerospace Orders
Bharat Electronics
Bharat Electronics announced additional order inflows worth ₹776 crore since its previous disclosure in November. The orders span indigenous counter-drone systems, software-defined radios, avionics, communication equipment, weapon control systems, medical electronics, and related services.
Astra Microwave Products
Astra Microwave Products received an order worth ₹124 crore from its joint venture, Astra Rafael Comsys, for the supply of modules, cable assemblies, and antennas for software-defined radio systems.
Banking & Asset Quality Actions
ESAF Small Finance Bank
ESAF Small Finance Bank’s Board approved the sale of non-performing assets and written-off loans to an Asset Reconstruction Company. The pool size may reach up to ₹1,700 crore, inclusive of technically written-off loans, with a provision coverage of approximately 94%.
Corporate Governance, Compliance & Leadership Updates
Devyani International
Devyani International announced the resignation of senior management personnel including the CEO of Vaango and the CEO overseeing Costa Coffee and airport business operations, effective December 12.
Refex Industries
The Income Tax Department conducted search operations at the Refex Group between December 9 and December 13. The company stated that it cooperated fully with authorities. Separately, SEBI imposed a monetary penalty on the company’s promoter in relation to insider trading proceedings.
Brigade Enterprises
The Income Tax Department carried out a survey at Brigade Enterprises’ registered office and certain other locations. The company stated that business operations continued without disruption during the survey period.
Bulk and Block Deal Activity
Kaynes Technology India
Capital Group-owned Smallcap World Fund acquired 4.46 lakh shares in Kaynes Technology, representing approximately 0.66% equity, through bulk transactions valued at ₹188 crore.
Usha Martin
Multiple institutional investors acquired a combined 23 lakh shares in Usha Martin through block deals from a promoter group entity, with the transaction valued at nearly ₹99 crore.
New Listings and Corporate Actions
Mainboard Listings
- Wakefit Innovations
- Corona Remedies
SME Listings
- Riddhi Display Equipments
- Prodocs Solutions
- KV Toys India
Corporate Action Dates
- Moneyboxx Finance trades ex-bonus
- Bharat Rasayan trades ex-date for split and bonus
- NACL Industries trades ex-rights
- Nureca and VLS Finance trade ex-buyback
Conclusion
The share market today will track developments such as Wipro’s expanded AI alliances, regulatory outcomes for pharmaceutical manufacturers, fresh EPC order inflows, clean energy capacity expansion plans, defence manufacturing orders, and capital movements across fintech and banking. Together, these disclosures form the core list of stocks to watch today for December 15, based solely on official filings and verified announcements.
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