Stocks to Watch Today – December 1: Lenskart, ICICI Bank, Tata Tech, Adani Enterprises, IRFC & More
As the markets open today, several large and mid-cap companies are likely to remain in the spotlight due to new business developments, fundraising plans, regulatory actions, quarterly updates and strong IPO traction. Here’s a detailed look at the stocks that may influence market sentiment.
Lodha Developers: ₹14,000 Crore Launch Pipeline
Lodha Developers is preparing to roll out 15 new residential projects worth around ₹14,000 crore in the second half of FY25. The expansion supports the company’s strategy to capture rising demand across high-growth urban corridors.
MTNL: Exchanges Levy ₹5.42 Lakh Penalty
MTNL has been fined ₹5.42 lakh by both NSE and BSE for not meeting board composition rules. The telecom PSU continues to navigate governance issues alongside its financial restructuring efforts.
Mahindra & Mahindra: Focus on Premium SUVs
Mahindra & Mahindra reiterated its emphasis on building a stronger portfolio of premium, differentiated SUVs—across both ICE and EV categories. The automaker believes this strategy will reinforce its strong position in India’s passenger vehicle market.
Dalmia Bharat: Subsidiary Receives Tax Notices
Dalmia Cement (Bharat) Ltd has received two sales tax show-cause notices amounting to ₹266.3 crore. The company stated that it is currently reviewing the notices and evaluating its response.
Lenskart: Q2 Profit Climbs Nearly 20%
Lenskart Solutions reported a 19.8% year-on-year increase in consolidated PAT, reaching ₹103.4 crore for the September 2025 quarter. The eyewear retailer continues to benefit from growing demand and expanded omnichannel presence.
ICICI Bank: Raises ₹3,945 Crore Through Bonds
ICICI Bank has raised ₹3,945 crore via unsecured Tier-2 Basel-III compliant bonds. The issue carried a 7.40% coupon, with a 15-year maturity and a 10-year call option, indicating strong institutional appetite.
Adani Enterprises: Group Targets ₹1 Lakh Crore Debt by 2030
The Adani Group has outlined a long-term financing roadmap, projecting total debt to stabilise around ₹1 lakh crore by 2030. The company aims to reduce dependence on fresh capital while strengthening its risk profile.
IRFC: Secures ₹2,981 Crore via Zero-Coupon Bonds
Indian Railway Finance Corporation (IRFC) has raised ₹2,981 crore through its first-ever Zero-Coupon Bond issue. The funds will be channelled toward ongoing and future railway infrastructure expansion.
Tata Technologies: Completes €75 Million Acquisition
Tata Technologies has finalised its €75 million acquisition of Germany-based engineering company Es-Tec Group ahead of schedule. This move enhances its global automotive engineering, design, and R&D capabilities.
IPO Watch: Vidya Wires, Aequs, Meesho in Focus
Vidya Wires IPO
- Size: ₹300.01 crore
- Opens: Dec 1
- GMP: ₹10
- Estimated listing gain: ~19.23%
Aequs IPO
- Size: ₹921 crore
- Opens: Dec 3–5
- GMP: ₹43.5
- Estimated listing gain: ~35.08%
Meesho IPO
- Size: ₹5,421 crore
- Expected timeline similar to above issues
- GMP: ₹42
- Estimated listing gain: ~37.84%
(Disclaimer: The content above is provided solely for informational purposes and should not be treated as investment advice. SmartInvestment advises readers to consult a qualified financial advisor before making any investment or money-related decisions.)