L&T, RIL, Adani Enterprises, Infosys: How these 6 NIFTY50 stocks are faring on Monday, December 1

The headline equity indices, the S&P BSE SENSEX and the NSE's NIFTY50, hit their fresh record highs in the early trade.

Analysts suggest that domestic equities may continue their upward trend after the recent strong rally, supported by robust Q2 economic data that is likely to bolster investor confidence.

India’s GDP grew by 8.2% in Q2 FY26, driven by a strong rebound in manufacturing and sustained growth in the services sector. The better-than-expected performance has prompted analysts to revise their GDP forecast to 7%.

Although most domestic economic indicators remain solid, elevated market valuations could deter foreign investors and increase the likelihood of continued outflows.

Despite this year’s volatility in FII flows, expectations of interest rate cuts in both India and the US are likely to support positive sentiment over the medium term.

Analysts believe that easing valuations in the broader market, combined with strong GDP growth and prospects of rate cuts, could help Indian equities perform well over the next couple of months. They note that the return of FII inflows will be an important trend to monitor.

Reliance Industries (RIL)

Shares of Reliance Industries (RIL), the oil-to-telecom conglomerate, were trading 0.33% higher at ₹1,572.70 apiece on the NSE. The stock has rallied 29% so far in 2025, year-to-date (YTD). Most analysts are bullish on RIL, with most maintaining a robust outlook due to strong performance across its Oil-to-Chemicals (O2C), retail, and digital segments, as well as growth potential in new energy and a potential Jio IPO.

Larsen & Toubro (L&T)

Shares were trading flat with a negative bias at ₹4,063.40 apiece on the NSE, down 0.15%.

Engineering and construction major Larsen & Toubro (L&T) recently said it has rebranded its data centre business as Larsen & Toubro-Vyoma, a name inspired by the Sanskrit word for 'sky'.

L&T's data centre business, launched in 2024, was previously known as L&T-Cloudfiniti.

By integrating advanced AI capabilities, cloud-native architectures and low-carbon operations, Larsen & Toubro-Vyoma offers a platform for resilient digital foundations -- enabling businesses and communities to thrive in an increasingly connected world.

In a statement, the company said, "Larsen & Toubro-Vyoma extends L&T's core engineering and manufacturing expertise into the digital economy, with a forward-looking approach to data infrastructure that emphasises scalability, security, sustainability and responsible AI."

Adani Enterprises Ltd

Shares were trading 0.52% higher at ₹2,292.10 apiece on the NSE.

The company launched subscriptions for one of India's largest rights issues, offering shares at ₹1,800 apiece, a discount of roughly 24% to the approval date price.

The total size of the issue (assuming full uptake) is $24,930.30 crore through the issuance of over 13.85 crore new shares, according to the company's rights issue filing.

The issue closes on December 10.

Under the issue, three rights equity shares for every 25 existing fully paid equity shares held are being offered.

Infosys

Shares were trading flat at ₹1,560.30 apiece on the NSE.

The IT services giant launched its largest-ever share buyback programme worth ₹18,000 crore on November 20, Thursday. The programme closed on November 26, according to a regulatory filing.

The company planned to buy back 10 crore fully paid-up equity shares of a face value of ₹5 each, representing up to 2.41% of the total paid-up equity share capital, at ₹1,800 per share.

"The eligible shareholders can tender their equity shares during the tendering period, i.e., from November 20, 2025, to November 26, 2025.

Bajaj Finance

Shares were trading 0.77% lower at ₹1,029.50 apiece on the NSE. The company trimmed its growth guidance for FY26 from 24-25% projected earlier to 22-23%.

The non-bank lender expects its assets under management (AUM) from MSME business to grow 10-12% in FY26, compared with 18% growth in the second quarter, said Rajeev Jain, vice-chairman and managing director of Bajaj Finance, in an analyst call post earnings.

Jain said the company has cut unsecured MSME (short for micro, small and medium enterprises) loan volumes by 25%.

“Additionally, the captive two- and three-wheeler [segment] is in a phased-out zone in order to strengthen overall asset quality trends from an FY27 onwards perspective.”

HDFC Bank

Shares were trading flat at ₹1,008.40 on the NSE.

The private sector lender reported a 10% jump in its consolidated net profit for the September quarter at ₹19,610.67 crore.

On a standalone basis, the largest private sector lender's net rose 10.82% to ₹18,641.28 crore for the July-September period.

The bank's overall income rose to ₹91,040 crore as against ₹85,499 crore seen in the year-ago period and ₹99,200 crore in the preceding June quarter.

The gross non-performing assets ratio improved to 1.24% as of September from 1.40% three months ago and 1.36% in the year-ago period.

Overall provisions increased to ₹3,500 crore from ₹2,700 crore logged in the year-ago period but were much lower than the ₹14,441 crore recorded in the previous quarter.