Stocks to Watch Today (December 10, 2025): Groww, Tata Power, IndiGo, IRB Infra, Swiggy and more

Stocks to Watch Today (December 10, 2025): Indian markets will track a heavy flow of corporate developments on Wednesday as companies announce results, right issues, regulatory actions, acquisitions and new investments. Aviation, infrastructure, pharmaceuticals and financial services are likely to dominate trading sentiment. State-level MoUs from Telangana’s global summit will also keep several companies in focus.

KSR Footwear, the demerged entity of Khadim India, will be in focus as the company announces its quarterly results. Investors will track early guidance from the newly separated footwear business and its margin outlook for the coming quarters.

Shriram Pistons & Rings

Shriram Pistons will hold an analyst meet at 4 pm to discuss its acquisition of Grupo Antolin Companies (India). Markets will watch management commentary on integration plans and revenue synergies from the transaction.

Groww will remain active as the anchor lock-in on two per cent of its equity opens today. The unlocking may influence trading volumes and short-term price movement in the stock.

IRB Infra is likely to see interest after reporting strong toll collection for November. Gross toll revenue rose 16 per cent year-on-year to Rs 716.1 crore, compared with Rs 618.5 crore a year ago. The sustained traffic growth may support positive sentiment in road and infra names.

IndiGo will stay in the spotlight after the aviation ministry directed the airline to reduce flights by 10 per cent. The ministry has asked the carrier to cut high-frequency routes and avoid single-aircraft operations. A revised schedule must be submitted by Wednesday evening. The airline has been permitted to operate 403 aircraft for now. IndiGo said it has restored full network operations and cleared most baggage stuck at airports. It added that on-time performance is back to normal levels. Separately, the Kuwait tax department has issued a tax demand notice of KWD 4.48 lakh for FY2021–22 to FY2024–25, which may add to regulatory concerns.

AU Small Finance Bank may see stock action after receiving approval to raise its foreign investment limit from 49 per cent to 74 per cent. The approval came from the Department of Financial Services under the Ministry of Finance. The move is seen as a positive trigger for long-term capital flows.

Companies linked to Telangana’s Global Summit may remain active after the state announced MoUs worth Rs 5.75 lakh crore. Godrej Industries committed Rs 10,000 crore of investment that will create 300 jobs in three years. Its subsidiary Jersey signed a Rs 150 crore agreement to build a dairy processing facility. Aurobindo Pharma pledged Rs 2,000 crore of investment over two to three years. Granules India announced a Rs 1,200 crore investment for a peptide plant. Kaynes Technology committed Rs 1,000 crore for a new manufacturing facility in the state.

NALCO and Dilip Buildcon will be watched after the board approved awarding the MDO contract for Pottangi Bauxite Mines to Dilip Buildcon. The contract includes development and operations for twenty-five years. The mining charge has been set at Rs 423 per tonne. The project strengthens Dilip Buildcon’s mining portfolio.

Swiggy may see action after opening its Rs 10,000 crore qualified institutional placement on Tuesday. The floor price has been fixed at Rs 390.51 per share, implying a discount of 1.7 per cent to the previous close. Investors will monitor institutional participation in the issue.

Tata Power will be in focus after commissioning the 400 kV Koteshwar–Rishikesh transmission line. The new asset is expected to strengthen the northern grid by adding 1,000 MW of clean hydropower capacity. The project highlights the company’s expanding presence in high-voltage transmission.

Zydus Lifesciences will be tracked after its UAE subsidiary signed an agreement with Formycon AG for a biosimilar of Keytruda. The tie-up covers supply to the US and Canada. The company said it expects to file the biologics licence application with the USFDA soon and aims to make immunotherapy more affordable.

GPT Infraprojects may gain after emerging as the L1 bidder for a Rs 199.17 crore project from North Eastern Railway. The contract includes construction of substructures, superstructures and launching works. The project win strengthens the company’s order book visibility.

LG Electronics India will be in focus after the company introduced a new washing machine line-up featuring its AI DD 2.0 technology. The launch expands its premium home appliances portfolio in the Indian market.

Graphite India may see movement after entering an exclusive agreement with Kivoro. The agreement covers commercialisation of graphene-based heat transfer additives in India. The partnership marks a new diversification avenue in advanced materials.

JSW Energy will be watched ahead of its board meeting on 12 December. The company will consider capital raising through issuance of warrants or shares. Markets will track the size and structure of the proposed fundraise.

Anupam Rasayan will be tracked after announcing the acquisition of Jayhawk Fine Chemicals Corporation in the US for Rs 1,347 crore. The transaction will be funded through debt and internal accruals. Jayhawk reported revenue of USD 78 million and EBITDA of USD 15 million in CY24, implying an EV/EBITDA multiple of about 9 times.

TVS Supply Chain will be in focus after the company approved an additional investment of Rs 100 crore in its subsidiary FIT 3PL Warehousing. The investment will support capacity expansion and operational strengthening in the warehousing vertical.