7 min read | Updated on December 12, 2025, 09:46 IST
SUMMARY
Stocks to Watch: Tembo Global said it is in active discussions with a large corporate group regarding potential projects in port construction, data centre development, and fuel farm systems. The combined potential order value of these projects is expected to exceed ₹700 crore, covering civil, MEP, and HVAC works.
The GIFT NIFTY futures suggest that the NIFTY50 index will open 121 points higher. | Image: Shutterstock
Stocks to Watch: The domestic stock market is expected to open with a gap-up on Friday, December 12. The GIFT NIFTY futures suggest that the NIFTY50 index will open 121 points higher.
Here is a list of stocks that may remain in focus today.
GAIL, IGL, MGL: Shares of oil and gas companies are likely to be in focus after Union Petroleum and Natural Gas Minister Hardeep Singh Puri announced amendments to the Petroleum and Natural Gas Rules, 2025, aimed at easing business operations.
In a post on X, the minister noted that India continues to strengthen its exploration and production ecosystem. A key reform allows companies to access a wider set of rights under a single petroleum lease, enabling them to conduct all mineral oil–related activities without seeking separate approvals. Lessees can also undertake decarbonisation initiatives and other integrated energy projects at their fields.
The revised rules permit long-term leases of up to 30 years, with extensions based on field economics. Lessees are required to submit annual reports on infrastructure capacity and may jointly develop infrastructure assets.
NBCC: The company has won work orders from NALCO and SAIL Bokaro worth ₹289.39 crore.
Tembo Global: The company said it is in active discussions with a large corporate group regarding potential projects in port construction, data centre development, and fuel farm systems. The combined potential order value of these projects is expected to exceed ₹700 crore, covering civil, MEP, and HVAC works.
Diamond Power Infrastructure: The company has received a letter of intent from Amara Raja Infra Private Limited, EPC Contractor for Supply of HT and LT Cables worth ₹75.13 crore, inclusive of GST.
Astra Microwave Products: The company has received an order for the procurement of six Klystron-based S-band Polarimetric Doppler Weather Radars (DWRs) along with associated systems, including AWS and Disdrometers, with a 3-year warranty followed by 7 years of CAMC for a total consideration of ₹171.38 crore, inclusive of all applicable taxes and GST.
Textile, gem and jewellery sector stocks: Shares will be in focus as Prime Minister Narendra Modi and US President Donald Trump spoke over the phone on Thursday and discussed expanding cooperation in various areas.
"A statement said the two leaders reviewed progress in the India-US partnership and discussed expanding cooperation in key areas, including trade, critical technologies, energy, defence and security," said a report by NDTV.
Jindal Steel: Jindal Steel shares are expected to trade actively on Friday, December 12, as the company on Thursday said it has increased its heat treatment capacity to 60,000 tonnes a month, making it the country's largest player in the segment.
Heat treatment capacity refers to a facility's ability to process steel to alter properties like hardness, toughness, and strength.
In a statement, Jindal Steel said, "It has become India's largest heat treatment player."
HUDCO: Housing and Urban Development Corporation Ltd (HUDCO) has raised ₹1,905 crore by issuing bonds.
In a statement on Thursday, as reported by news agency PTI, the company said the amount was raised through a 7-year bond issuance at a competitive coupon of 6.98% on the SEBI-mandated electronic bidding platform.
Tata Power: Shares of Tata Power will be in focus on Friday, December 12, after it received a letter of intent (LOI) from REC Power Development and Consultancy Ltd for the acquisition of Jejuri Hinjewadi Power Transmission Ltd, a project special purpose vehicle (SPV).
The project SPV, Jejuri Hinjewadi Power Transmission Limited, will be developed on a Build-Own-Operate-Transfer basis to provide transmission services for 35 years from the Scheduled Commercial Operation Date (SCOD), set 24 months after the SPV transfer, a regulatory filing dated December 11 said.
Honasa Consumer: Shares of Honasa Consumer, the parent of beauty and baby care products maker Mamaearth, will be in focus on Friday, December 12, after its board of directors approved the acquisition of BTM Ventures Pvt Ltd (BVPL).
In a regulatory filing dated December 11, the company stated that BVPL offers men-focused personal care products under the brand “Reginald Men”.
Vedanta: Shares will be in focus as the company has been declared the successful bidder in respect of the Genjana Nickel, Chromium and PGE Block after fulfilling the required statutory compliances via a letter dated December 10, 2025 (received at 6:30 PM IST).
"This receipt of the successful bidder for the Genjana Nickel, Chromium and PGE Block under Critical Mineral Auctions Tranche III shall further strengthen the company’s critical minerals portfolio," the company said.
Cyient: The company announced the strengthening of its Middle East presence with dedicated operations, extending its global footprint to better serve customers across the region’s critical energy, utilities, transportation, and connectivity sectors.
OMCs, and other crude-sensitive stocks: Shares are expected to be in focus as oil prices slipped on Thursday, with investors tracking Russia-Ukraine peace talks and noting significant surpluses in U.S. gasoline and diesel inventories. Brent crude futures settled at $61.28 a barrel, down 93 cents or 1.49%, while U.S. West Texas Intermediate crude closed at $57.60 a barrel, down 86 cents or 1.47%.
YES Bank: According to a report by Moneycontrol, a nomination and remuneration committee (NRC) meeting held a few weeks back at YES Bank is said to have turned down a proposal granting an extended tenure for Rajan Pental, the bank’s executive director, heading the retail book.
Dr Reddy's: According to a report by Business Standard, Novo Nordisk, the maker of weight-loss drug Ozempic, has challenged the decision of the single-judge bench order of the Delhi High Court allowing Dr Reddy’s Laboratories to manufacture and export semaglutide-based drugs to countries where Novo Nordisk does not hold a patent for semaglutide.
Dr Reddy’s is not allowed to sell its semaglutide formulation drugs in India until Novo Nordisk’s India patent expires in March 2026.
Piramal Pharma: The US FDA conducted a general Good Manufacturing Practices (GMP) inspection of Piramal Pharma Limited's Lexington (Kentucky, USA) facility from December 3, 2025, to December 10, 2025.
At the conclusion of the inspection, the US FDA issued a Form-483, with four observations. These observations are related to enhancements in procedures and will be classified as a VAI (voluntary action indicated). The company is preparing a detailed response to the observations, which will be submitted to the US FDA within the stipulated timelines.
IndiGo: Shares are expected to remain in focus. According to veteran aviator Captain Gopinath, flight disruptions at IndiGo were a chaos that compounded and snowballed, possibly because somewhere along the line "too much arrogance and too much self-confidence" might have crept in, with the airline missing the tea leaves.
Gopinath, the pioneer of the low-cost carrier concept in India, told PTI that IndiGo was not connected to reality.
Senores Pharmaceuticals: Senores Pharmaceuticals, Inc., on Thursday, announced the launch of Deferiprone Tablets USP, 500 mg & 1000 mg, which are bioequivalent and therapeutically equivalent to Ferriprox Tablets of Chiesi USA, Inc., in the U.S. market. The product will be marketed by Dr Reddy's Laboratories Inc.
FirstSource Solutions: The company said a share purchase agreement was signed on July 18, 2025, to acquire a 100% stake in Pastdue Credit Solutions Limited (“PDC”), engaged in the business of providing white-label, early arrears and debt collections & recovery services, and the said transaction will be completed, subject to regulatory approvals.
With inputs from PTI
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