Stocks to Watch, December 5: ITC Hotels, HUL, Reliance Industries, rate-sensitive stocks, IndiGo, Tata Power, Brookfield India REIT

The Reserve Bank's rate-setting panel -- the Monetary Policy Committee (MPC) -- started its three-day deliberation on the next set of bi-monthly monetary policies on Wednesday.

The meeting is taking place against the backdrop of falling inflation, rising GDP growth, the rupee crossing 90 against the dollar and ongoing geopolitical tensions.

"The stable rating outlook reflects our view that the India-based conglomerate will maintain its leading market position in its key businesses, and its earnings will be sufficient to cover capital spending over the next 12-24 months," the ratings agency said.

On Thursday, the company launched the Qualified Institutional Placement (QIP) issue to raise funds.

Last week, unitholders of Brookfield India Real Estate Trust approved a proposal to raise funds through institutional placements in one or more tranches.

In a regulatory filing, the company said the issue committee of the board of directors of Brookprop Management Services Pvt Ltd, the manager of Brookfield India REIT, approved the opening of the QIP issue on December 4, 2025, for receiving bids.

Acknowledging that the flight disruptions happening for the past few days are primarily due to misjudgment and planning gaps in implementing the second phase of the Flight Duty Time Limitations (FDTL) norms, IndiGo also informed the regulator that there will be more cancellations till December 8, and from that day, there will also be a reduction in services.

The order will be executed from January 2026 to December 2026, a regulatory filing said.

"Our company has received a letter of intent from Adani Green Energy for the supply of 33KV HV cables (2126 km) and 3.3KV solar MV cables (3539 km) for the Khavda and Rajasthan projects worth ₹747.64 crore exclusive of GST," the filing said.

Talwandi Sabo Power Ltd (TSPL), Vedanta Power's 1,980 MW supercritical thermal power plant, has set up a biomass manufacturing facility of 500 tonnes per day at Mansa in Punjab.

Zaggle will acquire Rivpe for ₹22 crore and invest ₹75 crore in the latter's brand, Rio. Money to support product enhancement and expansion of consumer payment offerings.

"We wish to inform you that the Board of Directors of Zaggle Prepaid Ocean Services Limited at its meeting held today...approved...the acquisition of 81,429 Equity Shares and 16,407 Compulsory Convertible Preference Shares for consideration up to Rs 22 crores from the existing shareholders of Rivpe Technology Private Limited (Rivpe), representing 100 per cent of the issued and paid-up capital of Rivpe on a fully diluted basis," the filing said.

The transaction is expected to close in 120 days.

"RNIT AI Solutions has secured a new project under its e-governance portfolio, marking the company’s first engagement with the Legal Metrology Department. Under this Agreement, RNIT will implement an AI-driven digital platform suite aimed at modernising departmental operations through comprehensive digitisation," the company said in its regulatory filing.

The total capital expenditure incurred for the same is approximately ₹515 crore as of the date of commencement of manufacturing operations.

The charter rate is US$25,000 per day for the balance period of 4 years. The charter value would be around US$43.07 million, inclusive of GST.