Top Stocks To Watch Today
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Indraprastha Gas Ltd (IGL)
Shares of Indraprastha Gas Ltd (IGL) climbed as much as 5.4% to their day’s high of Rs 193 on December 17 after Nomura upgraded the city gas distributor to “Buy” from “Neutral”, citing attractive valuations due to sharp correction, and multiple margin tailwinds from softer gas prices.
The brokerage set a target price of Rs 230, implying a 26% upside.
Akzo Nobel
Shares of Akzo Nobel India fell as much as 14% on Wednesday, December 17 after 11.4% equity or 51.9 lakh crore shares worth ₹1,638.5 crore changed hands at ₹3,159 per share in a block deal.
The deal was reportedly for up to 9% stake, reportedly valued at ₹1,290.6 crore with a floor price of ₹3,150 per share.
RVNL
Rail Vikas Nigam Ltd received a ₹165.04 crore contract from North Eastern Railway for the construction of a railway bridge over the river Gandak, with a 24-month timeline.
The 14-span bridge will have 25-tonne axle load capability.
This order strengthens RVNL’s order book and supports its role in delivering large-scale railway projects.
Avenue Supermarts Ltd
Avenue Supermarts Ltd., parent of DMart, trades lower despite mixed brokerage commentary.
Goldman Sachs maintains a ‘Sell’ rating with a ₹3,425 target, citing lower store additions and intensified competition.
In contrast, CLSA reiterated an ‘Outperform’ rating with a ₹6,300 target, citing DMart’s strong business model and potential for improved free cash flow.
Suzlon Energy Ltd
Suzlon Energy Ltd. signed two 153 MW wind contracts with Yanara, its second repeat order in 2025.
Suzlon will supply 102 S144 Wind Turbine Generators to Yanara’s Rajasthan projects.
Yanara’s FDRE projects will partially fulfill power purchase agreements with NTPC and NHPC, with Suzlon strengthening its market leadership in Rajasthan and Yanara expanding its clean energy portfolio.
NBCC
NBCC bags orders worth Rs 345 crore from two clients for construction and maintenance projects
Indian Overseas Bank (IOB)
IOB’s promoter approves selling 38.5 cr shares worth Rs 1,309 cr at a floor price of Rs 34
Vedanta
Vedanta receives NCLT approval for demerger into independent pure-play companies
