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  1. Stocks to Watch, December 15: Wipro, insurance stocks, Ola Electric, SJVN, Ashoka Buildcon, SAIL, Biocon, IndiGo, NLC India

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Stocks to Watch, December 15: Wipro, insurance stocks, Ola Electric, SJVN, Ashoka Buildcon, SAIL, Biocon, IndiGo, NLC India

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8 min read | Updated on December 15, 2025, 08:31 IST

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SUMMARY

Stocks to Watch: Insurance stocks will be in focus as the Union Cabinet on Friday approved a bill to raise foreign direct investment in the insurance sector to 100%.

Shares in focus, Dec 15, 2025

The GIFT NIFTY futures suggest that the NIFTY50 index will open 89 points lower. | Image: Shutterstock

Stocks to Watch: The domestic stock market is expected to open in the red on Monday, December 15. The GIFT NIFTY futures suggest that the NIFTY50 index will open 89 points lower.
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Here is a list of stocks that may remain in focus today.
Wipro: Wipro on Friday announced a strategic partnership with technology giant Microsoft and the launch of Microsoft Innovation Hub at its Partner Labs in Bengaluru, aimed at helping enterprises accelerate adoption of artificial intelligence (AI) solutions across sectors.

Wipro said the three-year collaboration seeks to help enterprises transform into frontier firms – early leaders in AI adoption that are redefining work and unlocking value by embedding AI into core operations.

Besides, the company announced an expansion of its strategic partnership with Google Cloud to deploy Gemini Enterprise across its global operations and jointly offer production-ready artificial intelligence agents to enterprise customers.

Wipro will roll out Gemini Enterprise, Google Cloud's next-generation agentic AI platform, across core corporate functions, including finance, human resources, sales, delivery and customer support, to speed up decision-making, improve operational efficiency and enhance employee experience, according to a regulatory filing.

Insurance stocks: Insurance stocks will be in focus as the Union Cabinet on Friday approved a bill to raise foreign direct investment in the insurance sector to 100%.

The bill may be introduced in the ongoing winter session of Parliament, which is slated to conclude on December 19.

According to a Lok Sabha bulletin, the Insurance Laws (Amendment) Bill 2025, which seeks to deepen penetration, accelerate growth and development of the insurance sector and enhance ease of doing business, is part of the 13 legislations listed for the upcoming session of Parliament.

Ola Electric: Shares of Ola Electric Mobility will be in focus on Monday, December 15, after the EV maker on Sunday announced the launch of Hyperdelivery, offering same-day registration and delivery of its 4680 Bharat Cell-powered vehicles in Bangalore. This offering is a part of the company’s umbrella Hyperservice initiative to deliver a transparent, convenient, and customer-first service experience.
Bharat Electronics Limited (BEL): Shares will be in focus as the Navratna Defence public sector undertaking (PSU) has secured additional orders worth ₹776 crore since the last disclosure on Nov 14, 2025.

Major orders received include indigenous Counter Unmanned Aerial System (SAKSHAM), software-defined radios, anti-drone systems, communication equipment, medical electronics, gun control systems, weapon control systems, security software, avionics, masts, components, upgrades, spares, services, etc.

Dr Reddy's: The company said that the United States Food & Drug Administration (USFDA) on Friday, December 12, completed a GMP and a Pre-Approval Inspection (PAI) at our formulations facility (FTO-SEZ PU01) in Srikakulam, Andhra Pradesh.

The inspection was conducted from 4th December to 12th December, 2025. We have been issued a Form 483 with 5 observations, which we will address within the stipulated timeline.

Godrej Properties: Godrej Properties has sold housing properties worth ₹2,600 crore in the first year of operation in Hyderabad, and it is looking to expand business in the city that offers huge growth opportunities, a top company official said.

In January this year, Godrej Properties announced its entry into the Hyderabad housing market with the launch of its first project at Kokapet.

In an interview with PTI, Godrej Properties Executive Chairperson Pirojsha Godrej highlighted that the company has performed exceedingly well in the Hyderabad market.

SAIL: State-owned steel maker SAIL on Saturday said it recorded a 14% year-on-year growth in sales at 12.7 million tonnes (MT) in April-November 2025, amid "price pressures and demand volatility".

The Steel Authority of India Ltd (SAIL), a leading integrated player in the steel sector, had posted sales of 11.1 MT in the corresponding period last year.

The company said, "This resilient performance was possible due to a strong sales strategy...despite many challenges, including global price pressures and demand volatility arising from various global trade policy uncertainties and geopolitical tensions."

Biocon: Biocon Biologics, a fully integrated global biosimilars company and subsidiary of Biocon Ltd, announced on Sunday a new settlement and licence agreement with Regeneron and Bayer for biosimilar Aflibercept (40 mg/ml) in Europe and the rest of the world, which follows an earlier settlement covering the United States and Canada.

This agreement clears the way for Biocon Biologics to commercialise Yesafili®, a biosimilar Aflibercept (40 mg/ml), in all countries worldwide.

YESAFILI is a vascular endothelial growth factor (VEGF) inhibitor used to treat multiple ophthalmology conditions.

IndiGo: IndiGo CEO Pieter Elbers appeared before the DGCA panel probing the operational disruptions for the second straight day on Friday, while the watchdog sacked four flight operations inspectors for alleged lapses in monitoring the airline, whose operations are now slowly stabilising.

A day after announcing a compensation of ₹10,000 in the form of travel vouchers to the affected passengers, IndiGo on Friday said in its current estimation, the outgo in this regard will be more than ₹500 crore. It was also announced that an external aviation expert will carry out a root cause analysis of the massive flight disruptions.

IndiGo said it will be operating over 2,000 flights on Friday as per its revised "scaled-down" schedule.

Godawari Power: The company announced the enhancement of the Battery Energy Storage System (BESS) project capacity from 10 GWh to 20 GWh in the first phase, proposed to be set up by the company's wholly owned subsidiary, namely Godawari New Energy Private Limited (GNEPL).
Adani Green Energy: SEBI on Friday cleared Pranav Adani, a director in several Adani Group companies and nephew of billionaire Gautam Adani, of allegations that he shared price-sensitive information and violated insider-trading rules.

Apart from Pranav Adani, Sebi also dismissed charges of insider trading rule violation against his two relatives.

The case centred on whether Pranav Adani had disclosed confidential details about Adani Green Energy's planned acquisition of SB Energy before the information became public.

To examine this, SEBI investigated trading in Adani Green Energy Ltd (AGEL) shares between January 28 and August 20, 2021. After reviewing an investigation report in November 2023, the regulator believed there could have been breaches of insider-trading norms and therefore initiated proceedings against three noticees -- Pranav Adani, Kunal Dhanpalbhai Shah and Nrupal Dhanpalbhai Shah.

IRFC: IRFC is firmly positioned to cross ₹60,000 crore in loan sanctions by the end of the third quarter, the state-owned firm's Chairman and Managing Director Manoj Kumar Dubey said on Friday.

Outlining the long-term strategic vision for the Navratna CPSE at its 40th Foundation Day, Dubey said this milestone signals the organisation's strong fundamentals, disciplined financial architecture and renewed strategic focus, setting the tone for the next phase of the company's growth story.

He further highlighted that the organisation is set to exceed its internal business targets for the year.

Paytm: Fintech firm One97 Communications, which owns the Paytm brand, has made an additional investment of ₹2,250 crore in its subsidiary Paytm Payments Services Limited through a rights issue, the company said on Friday.

Paytm Payments Services received the RBI permit last month after a long wait to operate as a payment aggregator.

"We hereby inform you that the Company has, on December 12, 2025, completed the additional investment of ₹2,250 crore in its wholly-owned subsidiary, Paytm Payments Services Limited, through subscription to its Rights Issue of Equity Shares," One97 Communications said in a filing.

PNB Housing Finance: PNB Housing Finance on Friday said its board has approved the appointment of Ajai Kumar Shukla as the Managing Director and Chief Executive Officer.

The appointment is effective from December 18, 2025, for a period of five years, subject to the approval of shareholders, PNB Housing Finance said in a regulatory filing.

Shukla is currently serving as the Chief Business Officer at Tata Capital Housing Finance. Prior to Tata Capital, he worked with ICICI Bank in the mortgage business for more than seven years in various roles, it said.

GPT Infraprojects: The company said that RPS-GPT (JV) has been declared L1 (First Lowest) in an order valued at ₹ 1,739.49 crore. The order is for the construction of a flyover along LBS Marg from Kalpana Talkies, Kurla (L ward), to Pankhe Shah Dargah, Ghatkopar West (N ward), of the Eastern Suburbs. "This contract is in joint venture wherein our share is 26%, i.e., ₹ 452.27 crore out of the total ₹ 1,739.49 crore," the company said.
SJVN: The company said that a wholly owned subsidiary of the company, i.e., SJVN Green Energy Limited (SGEL), achieved commercial operation of 100.56 MW part capacity out of the 1,000 MW Bikaner Solar Power Project on December 12, 2025.

The project has achieved a total cumulative commissioned capacity of 830.70 MW out of 1,000 MW as of the date, and the remaining capacity is expected to be commissioned soon.

Ashoka Buildcon: Ashoka-Aakshya JV, wherein the company holds 51% as the lead member and Aakshya holds 49%, had submitted a bid for the "Construction of a flyover connecting J.J. Bridge and Sitraram Selam Bridge (Y Bridge) at J.J. Road and Saboo Siddik Polytechnic Road Junction in 'E' Ward" and has received a Letter of Acceptance-cum-Work Order for the project. The accepted bid price is ₹1,041.44 crore, including GST.
NLC India: NLC India Limited has received a Letter of Acceptance from National Capital Region Transport Corporation Limited (NCRTC) for setting up 110 MW (AC) Grid Connected Solar PV Power Projects in Uttar Pradesh under Captive Mode against Bid No. DM/EL/COR-OF/282.
With inputs from PTI
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