Stocks to Watch: Tata Power, HCL Tech, ITC Hotels, RailTel and more

HCL Technologies | HCLTech has announced a partnership with Strategy& to accelerate large-scale data analytics through AI-driven solutions. The collaboration aims to expand the deployment of Strategy Mosaic, an AI-powered universal semantic layer, for global enterprise clients.
Tata Power | The company has announced a temporary shutdown of its Mundra unit and said it expects operations to resume by December 31.
BAT-linked shareholders are set to sell up to 7% of ITC Hotels Ltd through a ₹2,998-crore block deal, sources told CNBC-TV18. The floor price is ₹205.65 per share, about 1% below the last close. The selling entities—Tobacco Manufacturers (India) Ltd, Myddleton Investment Company Ltd and Rothmans International Enterprises Ltd—are part of the BAT Group, which currently holds around 15.3% in ITC Hotels.
Brookfield India Real Estate Trust | The firm launched a ₹3,500-crore qualified institutional placement (QIP), sources told CNBC-TV18. The indicative price is ₹320 per unit, a 3.4% discount to the market rate. The issue represents 17.1% of pre-issue units. Funds will be used for the Ecoworld acquisition and debt repayment.
Aditya Birla Sun Life AMC Ltd | The company said it has incorporated a wholly owned subsidiary, Aditya Birla Sun Life AMC International (IFSC) Ltd, in GIFT City, Gandhinagar. The Ministry of Corporate Affairs issued the certificate of incorporation on December 4, 2025, the company said in an exchange filing.
Deepak Nitrite | Deepak Chem Tech Ltd, the wholly owned subsidiary of Deepak Nitrite, has commenced operations at its new Nitric Acid plant in Vadodara, Gujarat. The company said it has invested about ₹515 crore in the project as of the manufacturing start date.
Diamond Power Infrastructure Ltd | The company said it has received a ₹747.64-crore letter of intent from Adani Green Energy to supply power and solar cables for its Khavda and Rajasthan projects. The order includes 2,126 km of 33kV HV cables and 3,539 km of 3.3kV solar MV cables, placed on a kilometre-rate basis with a price variation clause.
Lloyds Engineering Works | The company partners with Virtualabs to develop advanced radar tech for both defence and civil applications, expanding global collaborations and engineering solutions.
RailTel | The railway PSU said it has secured a ₹63.92-crore work order from the CPWD for designing and implementing an ICT network. The contract covers SITC, along with five years of O&M support, and will be executed by May 12, 2031.
Zen Technologies | The company said it has secured ₹120 crore worth of defence orders from the Ministry of Defence to supply a suite of training simulators, including its Comprehensive Training Node (CTN). The order will be executed within a year.