Stocks to Watch Today (December 03, 2025): Indian equities are set for a action on Wednesday as investors track fresh corporate developments, government divestment plans and key investment announcements across sectors. Several companies remain in focus due to regulatory updates, fund-raising moves and strategic business actions.
Pine Labs
The stock will remain active in the cash segment today.
– The government’s offer for sale opens today for retail investors at a floor price of Rs 54.
– The offer size is 3.84 crore shares.
– This is a 6 per cent discount to the current market price.
– The non-retail portion was subscribed 3.39 times.
Hindustan Copper / NTPC Mining Ltd
– HCL signed an MoU with NML.
– Both companies will jointly participate in copper and critical mineral block auctions.
– The MoU aims at joint investments in domestic and global critical minerals projects.
Oil India
The Finance Minister has granted Navratna status to Numaligarh Refinery. Oil India holds 69.33 per cent in NRL, while Assam government owns 26 per cent and Engineers India holds 4.37 per cent.
Cohance Lifesciences
– The company will invest Rs 89 crore in its US subsidiary NJ Bio Inc.
– The investment will be made via compulsory convertible preferred stock.
– Funds will support growth and capex needs of the subsidiary.
SBI / HDFC Bank / ICICI Bank
The RBI retained SBI, HDFC Bank and ICICI Bank in the list of systemically important banks.
Sun Pharma
Subsidiary Sun Pharma Laboratories will set up a greenfield formulation facility in Madhya Pradesh. The project will see a total investment of Rs 3,000 crore.
Raymond
– Amit Agarwal has stepped down as Group CFO.
– He will transition to the Lifestyle Business as part of internal restructuring.
– Rakesh Tiwary has been appointed the new Group CFO.
Indian Railway Finance Corporation (IRFC)
IRFC signed a loan agreement with Sumitomo Mitsui Banking Corporation. The company will raise an external commercial borrowing loan equal to USD 300 million (around Rs 2,500 crore).
Shreeji Shipping
– The company signed a time-charter agreement with AMNS Shipping and Logistics.
– Under the agreement, the MV SJ Lily vessel will be deployed for coastal cargo movement.
– This marks the company’s entry into the coastal movement segment, offering scale-up opportunities and improved revenue potential.