Photo : ET NOW SWADESH Digital
Stocks to Watch Today: These stocks will be in focus including Vedanta, Infosys, Ola Electric, Tata Steel.
highlights
- On Monday, December 22, there is going to be a special focus on the stocks of some big companies in the stock market.
- News related to these companies like corporate actions, tax notices, changes in ratings can affect the prices of their shares.
- After the rise in the market in the last trading session, investors will pay attention to those stocks.
According to BSE, corporate actions are going to take place this week in the shares of Nuvama Wealth Management, Digital Fiber Infrastructure Trust, Canara Robeco Asset Management, GRM Overseas and Knowledge Marine. The ex-date of the stocks of these companies is fixed, hence the buying and selling of these shares can be intense and there can be fluctuations in the prices.
Infosys has given clarification on the sharp rise in its ADR shares. The company has said that at this time there is no important information which has been hidden from the market. According to reports, due to low trading and low liquidity, there was high volatility in ADR prices.
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InterGlobe Aviation (IndiGo)
IndiGo has issued a travel advisory for passengers. According to the company, some flights may be affected due to bad weather and dense fog. There may be delay or change in flights due to low visibility especially at Ranchi, Jammu and Hindon airports.
Rating agency Fitch has increased the outlook of Vedanta’s parent company Vedanta Resources from ‘Stable’ to ‘Positive’. This decision has been taken in view of the expectation of better earnings, reduction in debt and strong financial position. However, the rating of the company has been kept the same as before.
An update has come out from the investigating agencies in the case of the death of an employee associated with Ola Electric. According to reports, some important facts have been confirmed in the investigation. This matter may increase pressure on the company and its management.
Tata Steel has received a notice from the tax department in Jamshedpur, Jharkhand, to pay dues of ₹1,132.18 crore. This includes the amount of GST, penalty and interest.
The wholly owned arm of Tata Chemicals has entered into an agreement to fully acquire Singapore’s Novabay company. The deal will be for around 25 million euros and will be completed after certain conditions are met.
UltraTech Cement has received notice of GST demand of ₹782.2 crore. The company has said that it is investigating the matter and will take legal action if necessary.
Shree Cement has announced an investment of ₹2,000 crore in the Vidarbha region of Maharashtra. Under this, a new cement unit with an annual capacity of 2 million tonnes will be set up. This is part of the company’s expansion plan.
Fortis Healthcare has signed an agreement to acquire the 125-bed People Tree Hospital in Bengaluru for ₹430 crore. This acquisition will be done through the company’s subsidiary.
IHCL has approved the sale of its 25.52% stake in Taj GVK Hotels and Resorts. After this deal, the stake of GVK-Bhupal family will increase.
Waaree Energies’ subsidiary has formed a new company named Hydro Bloom Energy. This new entity has been registered on 18 December 2025.
KEC International has got relief from Delhi High Court. The court has stayed the order in which the company was excluded from the tender process for some time. Now the company will be able to participate in the bidding process again.
The promoter of Jupiter Wagons has increased his stake in the company. The promoter has purchased additional shares by spending about ₹135 crore.
Craftsman Automation’s subsidiary has entered into an agreement to purchase 100% stake in Suprush Developers. The purpose of this deal worth ₹146 crore is to set up a new manufacturing plant in Tamil Nadu.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. It is important to mention here that investing in the market is subject to market risks. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.
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