The Indian stock market ended Monday, December 1, on a flat note, with benchmark indices showing limited movement for the second straight session. The Sensex slipped 65 points, or 0.08%, to close at 85,641.90, while the Nifty 50 dipped 27 points, or 0.10%, to 26,175.75. Here are the top stocks to watch today, December 2.
Top Stocks to Watch Today
Hero MotoCorp
Hero MotoCorp reported strong November sales, with total volumes rising 31.5%, surpassing estimates of 29%. Continued recovery in demand and improved festive momentum remain key triggers for the stock today.
Hindustan Unilever (HUL)
The board has approved the appointment of Vandana Suri as Executive Director, Home Care India, effective January 1, 2026. Leadership changes at senior levels may drive investor attention.
NMDC
The mining major posted an 11% increase in iron ore production, while sales rose 4.3% YoY, reflecting sustained operational performance.
Ambuja Cements
Ambuja commissioned a 4 mtpa clinker expansion at its Bhatapara unit in Chhattisgarh. The capacity addition aligns with the company’s broader growth strategy.
Pharma Sector
The WHO has recommended GLP-1 drugs for obesity treatment, while the US–UK tariff deal on pharma products may impact sector sentiment. Several pharmaceutical stocks could see action.
Tata Communications
Its subsidiary has acquired a 51% stake in a US-based software firm for ₹227 crore, strengthening its digital solutions portfolio.
Bharat Dynamics
The company secured additional defence orders worth ₹2,462 crore from the Indian Army since November 13, supporting its order book visibility.
Info Edge
Hiring activity improved in November, with overall recruitment up 23%. IT sector hiring rose 14%, and the education segment saw a 44% rise, indicating broad-based improvement.
IRB Infrastructure
IRB will transfer VM7 to IRB InvIT for ₹513 crore and act as project manager for 15 years, generating ₹246 crore in revenue over the period.
MOIL
The company increased ferro-manganese ore prices by 3% across grades above and below 44% manganese.
Vodafone Idea
According to the Telecom Ministry, the government aims to outline the contours of a relief package for the sector by year-end. The update may influence the stock’s movement.
KEI Industries
KEI has initiated trial production at Phase 1 of its Sanand unit, with commercial operations expected from December 10.
Raymond Realty
The company launched its new BKC project, carrying an estimated revenue potential of ₹2,000 crore.
Force Motors
The automaker reported 53% YoY growth in November sales, delivering 2,883 units vs 1,885 units last year.
Syrma SGS
The company has started groundwork for a new PCB manufacturing unit in Andhra Pradesh, supporting its expansion plans.
Afcons Infrastructure
Afcons secured EPC orders worth ₹884 crore in November, adding to its execution pipeline.
Emmvee Photovoltaic
The company’s Q2 EBITDA rose 14%, with margins improving to 35.32% compared with 34.11% in the previous quarter.
NRB Bearings
NRB has entered into a joint venture agreement with Italian firm Unitec to produce cylindrical roller bearings.
Bajaj Housing Finance
Bajaj Finance is likely to offload 2% equity via block deals, with a floor price set at a 9.6% discount to the current market price.
Bank of Maharashtra
The government will sell up to 6% equity via an OFS, with the floor price fixed at a 6% discount to the CMP. This may create near-term supply pressure.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
