News such as the Biocon merger, ONGC's appointment, LIC board changes, Ola Electric's new battery, Cochin Shipyard's electric tug contract, and Delhivery's drone trials could lead to significant movement in several stocks during today's trading session.
Stocks To Watch Today: Today's trading session is expected to be quite interesting for investors as news related to mergers, international approvals, new orders, and top-level appointments of several major companies could influence market direction.
Significant updates from major companies like Biocon, ONGC, LIC, Ola Electric, Cochin Shipyard, Delhivery, and RailTel are expected to cause considerable movement in these stocks right from the market opening today.
If you are a short-term trader, long-term investor, or interested in day trading, it is crucial to keep an eye on these stocks today. Below, find out what major news has emerged from each company and its potential impact on their shares.
Investors' Special Focus on Biocon
Biocon could be one of the most talked-about stocks in today's session. The company has initiated the process of fully merging its subsidiary, Biocon Biologics (BBL), with itself. Under this merger, the company plans to acquire the remaining stakes in BBL from Serum Institute Life Sciences, Tata Capital, and Activ Pine through a share swap.
The company has clarified that 70.28 Biocon shares will be issued for every 100 BBL shares. Biocon's per-share valuation has been set at ₹405.78, valuing BBL at approximately $5.5 billion. The company expects this merger to be completed by March 31, 2026.
Additionally, another positive update is that Biocon Pharma has received tentative approval from the US FDA for its ANDA for Carbidopa-Levodopa Extended-Release Capsules. This medication is used in the treatment of Parkinson's disease. This approval is considered good news for the company in the global market.
The impact of these two major decisions could be seen as significant movement in Biocon's stock today.
Increased Discussion in ONGC Due to Top-Level Appointment
ONGC is also likely to be active in the market today. The company's board has approved the re-appointment of Arun Kumar Singh as Chairman and CEO. His new term will be for one year and has been effective since December 7.
This continuity in top leadership is expected to bring stability to the company's operations and strategy. For this reason, investors may pay special attention to ONGC's stock today.
Significant Board-Level Changes in LIC
Insurance sector giant LIC may remain in focus today. The government has appointed Shalini Pandit as a government nominee director on the LIC board. She currently serves as Joint Secretary in the Department of Financial Services, Ministry of Finance.
Shalini Pandit will replace Prashant Kumar Goyal, and her appointment has been implemented with immediate effect. This board-level change is considered a significant step in the company's management.
Ola Electric Begins Deliveries of EVs Equipped with Bharat Cell Battery
Ola Electric's shares are also likely to see movement today. The company has commenced large-scale deliveries of its electric vehicles equipped with its indigenous 4,680 Bharat Cell battery. The first model to feature this battery is the S1 Pro+ (5.2 kWh).
The company claims that this new battery improves range, performance, and safety. This step demonstrates the company's self-reliance in EV technology and is seen as a positive signal in the market.
Cochin Shipyard Secures Large Electric Tugboat Contract
Cochin Shipyard could be among the prominent stocks in today's session. The company has entered into an agreement with global tug operator Svitzer to build four 26-meter fully electric TRAnsverse tugboats. An option for four additional tugboats is also included in the arrangement.
Deliveries of these vessels are expected to commence by the end of 2027. This contract will significantly strengthen the company's order book and could have a positive impact on future earnings.
Delhivery Successfully Tests VTOL Drone Technology
Logistics company Delhivery may also be a center of attraction in the market today. The company has successfully tested its VTOL (Vertical Take-off and Landing) drone technology in Deoria, Uttar Pradesh.
RailTel Receives International Order from Ministry of External Affairs
RailTel could be active in today's trading session. The company has received a large international order worth ₹14.4 crore from the Ministry of External Affairs. Under this order, RailTel is to supply 2,000 AI-enabled laptops.
