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Stocks to Watch Today: Privi Speciality Chemicals, RITES, Bharat Forge, Power Grid, Lupin, Taj GVK Hotels, IFCI, Apollo Techno in focus on 31 December

Stocks to Watch, 31 December: Stocks like Privi Speciality Chemicals, RITES, Bharat Forge, Power Grid Corporation of India, Titan Company, IFCI, InterGlobe Aviation, Taj GVK Hotels and Resorts, Apollo Techno Industries, and Admach Systems will be in focus on December 31.

December 31, 2025 / 02:03 IST
Stocks to Watch Today, 31 December
Snapshot AI
  • Stocks like Privi Speciality Chemicals, RITES, Bharat Forge, Power Grid Corporation of India, Titan Company, IFCI, InterGlobe Aviation, Taj GVK Hotels and Resorts, Apollo Techno Industries, and Admach Systems will be in focus on December 31.

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, appointments, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:

Stocks to Watch

Privi Speciality Chemicals

The seller is likely to sell up to a 6.32% stake in Privi Speciality Chemicals via a block deal, with an offer size of Rs 700 crore and a floor price in the range of Rs 2,835–2,850 per share, reports CNBC-TV18, quoting sources.

RITES

The company has received a Letter of Award for the supply of in-service Cape gauge diesel-electric locomotives from Berhard Development Corporation, Zimbabwe. The order is valued at $3.6 million.

Bharat Forge

The company has received a contract worth Rs 1,661.9 crore from the Ministry of Defence for the supply of 2,55,128 CQB carbines (5.56 x 45 mm) to the Indian Army. The contract stipulates order execution within five years.

Power Grid Corporation of India

The company has been declared the successful bidder for the selection of battery energy storage developers for setting up a cumulative capacity of 2,000 MWh (1,000 MW x 2 hours) of standalone battery energy storage systems in Andhra Pradesh.

The project comprises a 150 MW/300 MWh battery energy storage system at the 400/220 kV substation at Kalikiri in Chittoor district, Andhra Pradesh.

Muthoot Finance

The Board of Directors of Muthoot Money, a subsidiary of the company, has completed the allotment of 3,25,139 equity shares to Muthoot Finance against funds of Rs 500 crore via a rights issue.

Funds raised through the rights issue will be utilised for business funding, general corporate purposes, and repayment of existing loans.

Titan Company

The Board has approved the appointment of Sandhya Venugopal Sharma, IAS, as Chairperson and Additional Director of the company, effective January 4, 2026.

IFCI

The company has monetised its 10% equity stake in North Eastern Development Finance Corporation (NEDFi) for Rs 121.77 crore.

InterGlobe Aviation

The GST Department, Delhi South, has passed an order against InterGlobe Aviation imposing a GST demand, along with interest and penalty, amounting to Rs 458.26 crore. The demand pertains to compensation received from a foreign supplier and the denial of input tax credit for FY 2018–19 to FY 2022–23.

The company strongly believes that the order passed by the GST department is erroneous and not in accordance with the law, based on advice from external tax advisors.

Lupin

On September 29, 2025, the company’s subsidiary, Nanomi BV, Netherlands, entered into a definitive agreement to acquire the entire share capital of VISUfarma BV, headquartered in Amsterdam. The company had earlier indicated that the transaction would be consummated by the end of the calendar year 2025.

The company has now stated that the proposed transaction is currently in progress and is expected to be completed by February 28, 2026.

Taj GVK Hotels and Resorts

Shalini Bhupal, a promoter shareholder, through an inter se transfer of shares, has acquired 1.6 crore equity shares, representing 25.52% of the shareholding in Taj GVK Hotels & Resorts, at a price of Rs 370 per share from The Indian Hotels Company Limited.

Consequent to the sale and purchase of the shares, a termination agreement was executed among G Indira Krishna Reddy, Shalini Bhupal, Blue Moon Trust, Moonshot Trust, Starlight Trust, The Indian Hotels Company Limited, and the company.

Bulk Deals

Taj GVK Hotels

Promoters Starlight Trust sold 12.5 lakh shares in the hotel chain for Rs 52.54 crore at Rs 420.34 per share, while Moonshot Trust also offloaded 12.5 lakh shares at Rs 420 per share for Rs 52.5 crore, taking the total stake sold to 3.98%.

Meanwhile, Nippon India Equity Opportunities AIF – Scheme 9 acquired 7.08 lakh shares for Rs 29.73 crore, and Nippon India Equity Opportunities AIF – Scheme 7 picked up 8.12 lakh shares for Rs 34.14 crore, both at a price of Rs 420 per share.

Ramkrishna Forgings

Morgan Stanley Asia Singapore Pte Ltd bought 18.75 lakh shares in Ramkrishna Forgings at Rs 506.7 per share for Rs 95 crore, while Societe Generale sold 14.75 lakh shares at Rs 506.75 per share for Rs 74.74 crore.

Shankara Building Products

Dhunseri Ventures sold 1.22 lakh shares (a 0.5% stake) in Shankara Building Products at Rs 101.71 per share for Rs 1.2 crore.

SME Listing

Apollo Techno Industries

Bai Kakaji Polymers

Nanta Tech

Admach Systems

Dhara Rail Projects

Stock Trades Ex-Bonus

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Moneycontrol News
first published: Dec 31, 2025 02:03 am

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