Stocks to Watch Today – December 16: TCS, SBI, BHEL, Hyundai Motor, Can Fin Homes in Focus
Domestic equity markets are expected to open on a cautious note on Tuesday, with benchmark indices likely to track muted global cues. Early indicators suggest a flat start, as GIFT Nifty was trading slightly lower around 26,085. Investors will closely monitor stock-specific developments driven by corporate announcements, leadership changes, order wins and expansion plans.
Key Stocks to Watch Today
Bharat Heavy Electricals Ltd (BHEL)
State-owned BHEL has paid a final dividend of ₹109.98 crore for FY25 to the Government of India, reflecting its improving financial performance and steady earnings outlook.
Tata Consultancy Services (TCS)
TCS has strengthened its European presence by inaugurating a new office in Bucharest, Romania. The move is aimed at enhancing digital engineering capabilities and expanding its regional delivery network.
Fortis Healthcare
Fortis Healthcare has entered the mental health segment with the launch of a 36-bed in-patient psychiatric hospital under the Adayu brand. The company plans to open 10 such facilities over the next three years.
ACME Solar Holdings
ACME Solar clarified that its 300 MW solar project in Rajasthan is operating smoothly without any evacuation or transmission-related issues, supported by dedicated infrastructure.
State Bank of India (SBI)
The government has appointed Ravi Ranjan as the new Managing Director of SBI. Separately, the bank has rolled out Yono 2.0 and announced plans to hire nearly 10,000 employees while accelerating digital adoption.
360 One Asset
360 One Asset has raised ₹2,300 crore for its real estate-focused Category II AIF within four months, with a significant portion of the funds already deployed.
Indian Hotels Company (IHCL)
IHCL has expanded its portfolio with the opening of a 43-key SeleQtions property, Avantika by the Ganges, in Varanasi, strengthening its footprint in spiritual tourism destinations.
Texmaco Rail & Engineering
Texmaco Rail has secured a ₹132 crore order from its joint venture partner Touax Texmaco Railcar Leasing for the supply of freight wagons, with deliveries scheduled by July 2026.
Hyundai Motor India
Shareholders have approved the appointment of Tarun Garg as Managing Director and CEO, effective January 1, 2026, with an overwhelming majority via postal ballot.
Ion Exchange (India)
Ion Exchange has received new orders worth ₹205 crore from Rayzon Energy and INOX Solar for water and waste treatment solutions linked to large solar projects.
Zydus Lifesciences
Zydus’ US subsidiary has received FDA acceptance for the resubmission of its NDA for CUTX-101, a treatment for Menkes disease. A new PDUFA date has been set for January 14, 2026.
Delhivery
Delhivery has launched an on-demand intracity delivery service through its Delhivery Direct app in Mumbai and Hyderabad, offering rapid pickups within 15 minutes.
HCL Technologies
Aurobay Technologies has expanded its digital transformation partnership with HCL Tech to improve manufacturing efficiency and drive innovation in powertrain solutions.
Can Fin Homes
Can Fin Homes has approved the reappointment of Suresh Srinivasan Iyer as MD & CEO for another two years from March 2026 and declared an interim dividend of ₹7 per share.
Newgen Software Technologies
Newgen Software’s Saudi subsidiary has secured a ₹38 crore contract from a leading public-sector bank in Saudi Arabia to develop a loan origination system.
(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.)