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Stocks to watch: Shares of firms like IndiGo, Siemens, ICICI Bank, Bajaj Finserv, Torrent Power, and others will be in focus on Tuesday’s trade
Stocks To Watch
Stocks to Watch On December 9: Markets began the week on a weak note, slipping nearly 1% and wiping out Friday’s gains. Technically, analysts said the index’s retest of the crucial support zone near the 20-DEMA and the lower band of the rising channel at 25,900–25,950 has raised doubts about the strength of the recent recovery.
Ajit Mishra, SVP – Research, Religare Broking, noted: “The 25,800 level will act as a key make-or-break support; a breach could derail the recovery and push the index into deeper consolidation toward 25,500–25,650. On the upside, a sustained move above 26,200 may ease pressure, although broader conviction may take time to build.”
IndiGo
The airline said network operations are fully back to normal after last week’s disruption. A DGCA committee probing the issue is likely to summon CEO Pieter Elbers and COO Isidre Porqueras on Wednesday, December 10.
Siemens
The Board approved the sale of its Low Voltage Motors and Geared Motors divisions, along with related customer service operations, to Innomotics India. The transfer will be executed as a going-concern slump sale for an enterprise value of Rs 2,200 crore, on a cash-free, debt-free basis.
Larsen & Toubro
The Board approved transferring its real estate business to subsidiary L&T Realty Properties through a slump sale under a Scheme of Arrangement, subject to regulatory approvals.
ICICI Bank
ICICI Bank signed a share purchase agreement with Prudential Corporation Holdings (PCHL) to acquire a 2% stake in ICICI Prudential AMC for Rs 2,140 crore.
Bajaj Finserv
The group released provisional business performance updates for its unlisted insurance arms — Bajaj General Insurance Ltd and Bajaj Life Insurance Ltd — for November 2025 and the year-to-date period.
Torrent Power
Torrent Power inked a long-term sale and purchase agreement with Jera Co., Inc., Japan’s largest power producer, to supply up to 0.27 MMTPA of LNG. The deal covers four cargoes annually for 10 years beginning 2027.
Mahindra & Mahindra
M&M announced the name of its next premium SUV — the XUV 7XO, positioned as the successor to the XUV700, which has crossed 300,000 owners in four years. The new model promises upgraded features and design.
Welspun Corp
Associate company East Pipes Integrated Company for Industry (EPIC) won a contract from the Saudi Water Authority to manufacture and supply steel pipes. The deal is valued at over 485 million SAR (around Rs 1,165 crore).
Piramal Finance
Reports indicate the NBFC may acquire a player in the gold loan segment as it prepares to enter the category.
Fujiyama Power Systems
The company reported strong September-quarter results with net profit rising 97.2% to Rs 62.9 crore, up from Rs 31.9 crore a year earlier.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
Click here to add News18 as your preferred news source on Google. December 09, 2025, 07:55 IST
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