Stocks to Watch Today | December 15
Indian equity markets are expected to begin the week on a cautious note, tracking weak global cues. Early signals from GIFT Nifty indicate a soft opening for domestic benchmarks, with futures trading lower, suggesting subdued sentiment at the start of Monday’s session.
Several stocks are likely to remain in focus today due to company-specific developments such as regulatory updates, operational announcements, ratings actions, legal matters, and fresh order wins. Below is a roundup of key stocks to watch:
TVS Supply Chain Solutions
The company has received a GST demand of ₹91.95 crore from Madhya Pradesh authorities for FY19. Management has stated that it is reviewing the order and considering appropriate legal remedies. The development may influence near-term investor sentiment.
Craftsman Automation
Shares could see interest after CRISIL reaffirmed the company’s strong credit profile. The rating agency maintained the long-term rating at AA-/Stable and the short-term rating at A1+, citing robust operating performance and a sound balance sheet.
IndiGo (InterGlobe Aviation)
IndiGo reported that its operations have largely stabilised following recent disruptions. The airline is now operating over 2,050 daily flights and has restored normal on-time performance, offering a positive operational update for the aviation sector.
Jaiprakash Associates
The stock may remain active after the company conducted its 25th Committee of Creditors meeting as part of its ongoing insolvency resolution process. Investors continue to track developments related to restructuring and asset resolution.
Hexaware Technologies
Hexaware informed exchanges that it has approached a US court seeking dismissal of an intellectual property infringement lawsuit. The legal update will be closely monitored, given its potential implications for overseas operations.
Atul Ltd
Atul announced plans to acquire a 26.30% stake in Torrent Urja 39 Private Limited for up to ₹13.86 crore. The investment will enable captive power sourcing from a hybrid wind-solar project, supporting cost efficiency and sustainability initiatives.
GPT Infraprojects
The company said its joint venture has emerged as the lowest bidder for a Mumbai civic flyover project valued at ₹1,739.49 crore. GPT’s estimated share of the project is ₹452.27 crore, which could strengthen its order book outlook.
Ola Electric
Ola Electric has launched same-day registration and delivery of its electric vehicles powered by the 4680 Bharat Cell in Bengaluru. The initiative, part of its ‘Hyperdelivery’ programme, aims to enhance customer experience through faster delivery timelines.
Godrej Properties
Godrej Properties remains in focus after reporting home sales worth ₹2,600 crore within its first year of operations in Hyderabad. The company entered the market earlier this year and has indicated strong growth prospects with plans to expand further in the region.
(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.)