What Are the Key Stocks to Watch on December 18 as Orders, Approvals, and Global Deals Drive Momentum?
About Today’s Market Context
Indian equity markets enter Thursday’s session with a distinctly event-driven undertone. Fresh order wins, regulatory approvals, strategic acquisitions, and overseas expansion plans dominate the news flow. While broader indices continue to grapple with global volatility, stock-specific triggers are expected to dictate intraday and short-term moves across infrastructure, IT services, power, financials, and renewables.
The latest developments highlighted by CNBC-TV18 point towards improving visibility in select sectors such as railways, waste management, digital transformation, clean energy, and fintech. Investors tracking momentum, swing opportunities, and medium-term themes may find actionable signals in these announcements.
Infrastructure and Railways: Order Book Strength in Focus
Titagarh Rail has secured its first signalling and safety systems order valued at ₹273 crore. This marks a strategic milestone as the company expands beyond rolling stock manufacturing into high-value railway systems. Such diversification improves margin potential and enhances long-term order book quality, especially amid sustained government spending on railway modernization.
Antony Waste Handling’s arm has bagged a ₹1,330 crore collection and transportation contract with a tenure of seven years. Long-duration municipal contracts typically offer predictable cash flows, higher operational leverage, and improved earnings visibility. This development reinforces the company’s leadership position in India’s urban waste management space.
Water and Urban Infrastructure: Regional Execution Gains
Denta Water has secured four major water infrastructure projects in Karnataka worth over ₹106 crore. With water management emerging as a critical public infrastructure priority, consistent order inflows strengthen the company’s execution pipeline and support revenue growth over the next few quarters.
Power, Renewables, and Energy: Capex Cycle Tailwinds
Bajaj Electricals has announced its entry into solar solutions as a new and additional line of business. This strategic move aligns the company with India’s renewable energy push and opens up cross-selling opportunities across EPC, lighting, and power distribution segments.
GMR Power plans to raise up to ₹1,200 crore through a preferential issue and issuance of warrants. Such capital infusion is generally aimed at strengthening the balance sheet, funding capex, or refinancing existing liabilities, which could improve financial flexibility going forward.
GE Vernova has received a Letter of Award for a 2×500 MW HVDC refurbishment project from Power Grid. This order underscores continued investment in transmission infrastructure and supports the long-term capex theme in power evacuation and grid modernization.
KPI Green Energy’s promoter group has signed an MoU with the Government of Botswana to invest up to ₹36,000 crore. While this represents a long-gestation overseas opportunity, it signals the group’s ambition to scale renewable assets globally, which may influence long-term valuation narratives.
Cement and Building Materials: Transaction Repricing
Shree Digvijay Cement has revised the price per share to ₹86.70 for the promoter’s 50% stake sale agreement with IRF. Such repricing often reflects negotiations aligned with market conditions and may keep the stock in focus amid corporate action-led volatility.
IT Services and Digital Transformation: Deal Momentum Continues
TCS disclosed that its AI-related services are generating approximately $1.5 billion on an annualised basis. This reinforces confidence in AI-led revenue growth and positions the company strongly amid global enterprise adoption of generative AI and automation solutions.
HCLTech has bagged a digital transformation deal from ASN Bank, the fourth-largest bank in the Netherlands. European BFSI deal wins add geographical diversification and strengthen the company’s order pipeline in a competitive IT services landscape.
Cyient’s semiconductor arm is set to acquire mixed-signal analog IC maker Kinetic Technologies for $93 million. This acquisition enhances Cyient’s chip design and semiconductor capabilities, aligning it with the global push for supply chain diversification and advanced electronics.
Financials and Capital Markets: Regulatory Clarity Boost
SEBI has revised expense ratios and capped brokerage on mutual fund cash transactions at 6 paise, a decision viewed as better than earlier proposals. This regulatory clarity is seen as positive for AMCs and wealth management platforms, reducing cost pressures and improving business sustainability.
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Fintech and Payments: Regulatory Milestone
Paytm’s arm has received RBI approval to operate as a payment aggregator for offline and cross-border payments. This approval addresses a key regulatory overhang and could support renewed business momentum in merchant payments and international transaction services.
Real Estate: Launch Pipeline Strengthens
Mahindra Lifespaces has launched the Mahindra Blossom residential project in Bengaluru with a gross development value of ₹1,900 crore. Bengaluru continues to be a resilient residential market, and new launches support medium-term revenue visibility.
Pharmaceuticals: New Drug Approval
AstraZeneca has received CDSCO approval to import Datopotamab Deruxtecan powder for sale in India. New oncology drug approvals typically support long-term growth prospects, especially in specialized therapy areas.
Investor Takeaway
The December 18 session is expected to remain stock-specific, with infrastructure, IT services, power, and fintech names responding to concrete news triggers. Order wins and regulatory approvals improve earnings visibility, while capital-raising and overseas expansion plans may add volatility. Investors should focus on execution quality and follow-through rather than headline announcements alone.
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SEBI Disclaimer: The information provided in this post is for informational purposes only and should not be construed as investment advice. Readers must perform their own due diligence and consult a registered investment advisor before making any investment decisions. The views expressed are general in nature and may not suit individual investment objectives or financial situations.











