The global markets, along with GIFT Nifty, indicate that the domestic indices will open on a higher note. Here are updates on all the stocks making headlines. You can check these stocks to stay informed about all key developments.
Earlier on Monday, the NSE Nifty 50 closed the session 206 points or 0.79% higher at 26,172, while the BSE Sensex rose 638 points or 0.75% to close at 85,567.
Stocks to watch on December 23, 2025
Emcure Pharmaceuticals
Emcure Pharmaceuticals launched Poviztra, a second brand of Novo Nordisk’s semaglutide injection for weight management, across India. With the launch, Emcure becomes the first Indian company to exclusively distribute and commercialise Poviztra in the country. The drug will be priced starting at Rs 8,790 per month for four weekly doses, around 15–20% lower than Novo Nordisk’s Wegovy.
ArcelorMittal
ArcelorMittal said it will invest about $900 million to develop three renewable energy projects in India with a combined capacity of 1 gigawatt (GW), as the steelmaker steps up efforts to secure clean power for its domestic operations. Once completed, the projects will double ArcelorMittal’s renewable energy capacity in India to 2 GW and raise its global renewable portfolio to 3.3 GW, the company said.
Samvardhana Motherson
Samvardhana Motherson International approved the acquisition of the automotive wiring harness business of Nexans autoelectric GmbH and Elektrokontact GmbH through its indirect wholly-owned subsidiary in a deal valued at €207 million. The acquisition will be executed through Motherson Global Investments BV (MGI BV), an indirect wholly-owned subsidiary of Samvardhana Motherson
Ashok Leyland
The country’s largest tender for electric buses, covering 10,900 vehicles under the Prime Minister Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, has been delayed again after Convergence Energy Services (CESL) missed its December 19 deadline to announce the successful bidders. The delay follows a request by Ashok Leyland to CESL to defer finalisation of the tender, citing a pending case before the Delhi High Court. Sources familiar with the matter said the request has effectively put the tender on hold, with no clarity on when the outcome may be announced.
Ramco Cements
Ramco Cements has raised Rs 514.90 crore by selling some of its non-core assets to real estate developer Prestige Estates Projects, as part of its plan to monetise non-core assets worth Rs 1,000 crore. The company has been monetising non-core assets since last year, beginning with sales worth Rs 376 crore in September and October 2024. On Monday, it announced its sale of non-core assets worth Rs 514,90 crores to Prestige Estates.
Music Broadcast
Music Broadcast, which operates Radio City, has received a GST demand order of Rs 89.63 crore from the Office of the Deputy Commissioner, Lucknow, for the financial year 2021-22, the company said in an exchange filing on Monday. The order has been issued under Section 73 of the IGST, CGST and SGST Acts and communicated through Form GST DRC-07.
Prestige Estates Projects
Prestige Estates Projects announced the acquisition of a 25-acre land parcel in Medavakkam, Chennai, reinforcing its long-term commitment to the Chennai real estate market. The acquisition marks another business development milestone for the group. The acquired land parcel offers a development potential of approximately 5 million square feet, with an estimated top-line revenue potential of over Rs 5,000 crore.
Sanghvi Movers
Sanghvi Movers said its material subsidiary, Sangreen Future Renewables Private Limited, has secured large work orders aggregating Rs 428.72 crore from multiple independent power producers (IPPs).
Berger Paints
UK Paints (India) Private Limited, a key member of the promoter group of Berger Paints India Limited, has informed that it will acquire a 14.48% stake in the paint major through an internal restructuring. Upon completion of the transfer, UK Paints (India) Private Limited’s direct shareholding in Berger Paints will rise from 50.09% to 64.57%.
GPT Infraprojects
GPT Infraprojects said it has emerged as the lowest bidder (L1) for a Rs 670-crore road project awarded by the National Highways Authority of India (NHAI), strengthening its order book in the highways segment. The order has been secured by a consortium comprising GPT Infraprojects and ISCPPL, with the bid submitted in the name of GPT-ISCPPL (Consortium). The project involves the construction of a four-lane elevated road in Jodhpur city, Rajasthan, from Mahamandir to Akhaliya Chouraha.