Companies across sectors, from energy and fintech to railways and manufacturing announced a series of important updates that could draw investor attention today. These include new partnerships, project wins, operational approvals and financial results. Here’s a quick look at the key corporate developments likely to be tracked in the market.
Market recap
The Indian stock market closed nearly flat on December 3 after a flat note. The Sensex ended 31 points lower at 85,106, and the Nifty closed 46 points down at 25,986.
Stocks to watch today, December 4, 2025
Reliance Industries
Reliance Industries said its fully owned arm, Reliance Strategic Business Ventures Limited, has partnered with Surrey County Cricket Club to gain joint control of the Oval Invincibles team in The Hundred tournament.
After the transaction, Surrey holds a 51% stake and Reliance holds 49%, shifting ownership away from the England and Wales Cricket Board.
From 2026, both the men’s and women’s teams will play under a new brand name – MI London, another addition to the Mumbai Indians global cricket ecosystem.
Pine Labs
Noida-based financial technology (fintech) firm Pine Labs reported a net profit of Rs 5.97 crore for the second quarter, reversing a loss of Rs 32 crore in the same quarter last year.
Revenue grew nearly 18 percent to Rs 650 crore, supported by strong growth in its issuing, affordability and online payments businesses, even as in-store payments expanded at a slower pace.
IEX
Indian Energy Exchange (IEX) recorded a traded electricity volume of 11,409 million units in November 2025, excluding tertiary reserve ancillary services. This marks a 17.7% year-on-year increase.
The exchange also traded 4.74 lakh renewable energy certificates (RECs) in the month. Its day-ahead market volumes remained largely stable at 5,668 million units.
RailTel
RailTel Corporation of India, a public sector company under Indian Railways, has secured a Rs 48.78-crore order from the Mumbai Metropolitan Region Development Authority (MMRDA).
The company will design and develop a Regional Information System and set up an Urban Observatory for the city. The contract runs until December 2027 and focuses on improving regional planning and data-driven decision making.
RVNL
Rail Vikas Nigam (RVNL) received a Letter of Acceptance from Southern Railway for a traction power system project worth Rs 145.35 crore.
The work includes designing, supplying, installing and commissioning traction substations, power quality equipment, switching posts, a 2×25 kilovolt feeding system and supervisory control and data acquisition (SCADA) systems in the Jolarpettai–Salem section.
Pace Digitek
Telecom and infrastructure solutions provider Pace Digitek said its subsidiary, Lineage Power Private Limited, has won a Rs 99.71-crore order from Advait Greenergy.
The project involves supplying a lithium iron phosphate (LFP) battery energy storage system, along with other related equipment.
All items will be delivered on a Delivered at Place (DAP) basis, as specified in the purchase agreement.
Godawari Power
Godawari Power and Ispat announced that it has received approval to operate its expanded iron ore pelletisation plant.
The Chhattisgarh Environment Conservation Board has allowed the company to increase its annual capacity from 2.7 million tonnes to 4.7 million tonnes, adding 2 million tonnes of fresh capacity.
Nectar Lifesciences
Nectar Lifesciences has approved a share buyback worth Rs 81 crore. The company will repurchase three crore equity shares through the tender route at Rs 27 per share, representing over thirteen percent of its paid-up capital.