Indian equity markets are likely to see stock-specific action today on 31st December amid key regulatory developments, large order wins, promoter stake changes and sectoral updates. Here are the major stocks to watch in today’s trading session.
Green stocks to watch
Steel stocks:
The government has imposed a safeguard duty on non-alloy and alloy steel flat products for a period of three years. The move is expected to impact domestic steel manufacturers and import dynamics across the sector.
Hindustan Zinc and Hindustan Copper:
Silver prices resumed their upward momentum, rising nearly 6% overnight, while copper continues to hover near record highs. The surge in precious and base metals may keep metal stocks in focus.
Power Grid Corporation of India:
Power Grid has received a Letter of Award to set up a 2,000 MWh Battery Energy Storage System project in Andhra Pradesh, marking a significant development in grid-scale energy storage.
Bharat Forge:
Bharat Forge has bagged a small arms manufacturing contract from the Ministry of Defence valued at Rs 1,662 crore, strengthening its position in the defence manufacturing segment.
New India Assurance:
The Income Tax Department has dropped a tax demand of Rs 2,188 crore against the company, while upholding a smaller demand of Rs 110 crore.
Taj GVK Hotels:
The promoter has acquired a 25.5% stake in the company at Rs 370 per share from Indian Hotels, resulting in a change in shareholding pattern.
RITES:
RITES has secured an international order worth $3.6 million for the supply of locomotives to Zimbabwe.
Arfin India:
The company has bagged an order worth Rs 321 crore for the supply of aluminium sector conductors.
Premier Energies:
Premier Energies reported fresh order inflows worth Rs 2,307.30 crore during Q3 FY26, boosting its order book.
Hubtown:
Hubtown has refiled its merger application for three group companies.
Dynacons Systems & Solutions:
Dynacons has received a Rs 249 crore software project order from the Reserve Bank of India.
F&O inclusion:
Swiggy, Bajaj Holdings, Premier Energies and Waaree Energies have been included in the Futures & Options segment.
ZF Steering Gear India:
The company’s arm has bagged an order worth Rs 151 crore for its renewable energy business.
Red stocks to watch
Eternal and Swiggy:
Gig workers are set to go on a nationwide strike today, which could impact operations and investor sentiment around platform-based companies.
Privi Speciality Chemicals:
The promoter group is likely to sell up to 6.32% stake via a block deal at a floor price reportedly set at an 11% discount to the current market price.
