News

Stocks to Watch Today (December 23, 2025): Indian markets may remain stock-specific on Tuesday as investors track board meetings, acquisitions, large real estate transactions, order wins, tax notices, mergers, and overseas expansion plans.

Granules India will be in focus as its board meets to consider raising funds through private placement. The move could support future growth and balance sheet requirements.

HCLTech said its software arm, HCLSoftware, has expressed intent to acquire Belgium-based AI data analytics firm Wobby. Wobby develops AI agents for data warehouses, and the acquisition is expected to strengthen HCLSoftware’s data analytics capabilities. The transaction is likely to be completed by February 2026.

Prestige Estates Projects acquired 25 acres of land in Chennai. The company expects an estimated revenue potential of around Rs 5,000 crore from the development.

Sanghvi Movers said its subsidiary has received an order worth Rs 429 crore, adding to its order book.

Antony Waste Handling Cell secured a contract worth Rs 330 crore from Thane Municipal Corporation, supporting its waste management operations.

Man Industries said the income tax department conducted a search at its office on 22 December. The company stated that it fully cooperated with the authorities during the search.

UPL said its subsidiary Advanta entered into an agreement to acquire Hybrid Seeds Vietnam for USD 2,000, expanding its seed business presence in Southeast Asia.

Ambuja Cements approved the merger of ACC and Orient Cement with itself. Under the scheme, shareholders will receive 328 Ambuja shares for every 100 ACC shares and 33 Ambuja shares for every 100 Orient Cement shares. The CCI has already approved the acquisition of Orient Cement.

HFCL will be watched as its qualified institutional placement opens today, with the floor price fixed at Rs 65.84 per share.

Paytm said the board of its subsidiary, Paytm Cloud Technologies Limited, approved the setting up of two wholly owned subsidiaries in Indonesia and Luxembourg.

Supreme Petrochem said operations at its recently set up mABS plant in Amdoshi, Maharashtra, have been temporarily shut due to technical issues in critical production equipment.

Aditya Birla Fashion and Retail received a tax and penalty order of around Rs 58 lakh from the CGST and Central Excise Department in Indore.

Finolex Cables received a show-cause notice from the Uttar Pradesh government related to a GST mismatch during FY22.

Lloyds Enterprises announced a strategic restructuring of its real estate business. Shareholders of Lloyds Realty Developers will receive 43 Lloyds Enterprises shares for every 350 shares held as part of the restructuring.

Shreeji Translogistics said it sold a 51 per cent stake in its subsidiary, a move aimed at streamlining operations.