Indian stock markets are seeing activity across various sectors, with several companies in focus due to recent news and developments. Here's a look at some of the stocks to watch: Paytm, Wipro, Tata Steel, SAIL, BEL, Nestle, and Biocon.
Paytm (One97 Communications)
Paytm shares are in focus as One97 Communications, its parent company, has completed an additional investment of ₹2,250 crore in its wholly-owned subsidiary, Paytm Payments Services Limited (PPSL), through a rights issue. This move follows the Reserve Bank of India (RBI) granting in-principle approval to PPSL to operate as an online payment aggregator. The RBI had previously removed restrictions on PPSL regarding the onboarding of new merchants. On December 12, 2025, PayTM share price closed at Rs 1,304.70, up by 1.89%.
Wipro
Wipro is expanding its partnership with Google Cloud to enhance enterprise productivity using Gemini Enterprise. The company is implementing Gemini Enterprise across its core corporate functions to accelerate decision-making, enhance operational efficiency, and improve employee experience. Wipro is also collaborating with IISc and FSID to advance technologies like quantum computing, agentic AI, and secure digital infrastructure. Moreover, Wipro has entered a three-year strategic partnership with Microsoft to help enterprises transform into Frontier Firms, which are early leaders in AI adoption.
Tata Steel
Tata Steel is planning capacity expansion, with the stock in focus due to these developments. ICICI Securities maintains an "Add" rating on Tata Steel shares, revising the target price. Motilal Oswal Financial Services notes that Tata Steel's pellet plant deal will be a long-term margin booster. On the NSE, Tata Steel stocks are traded under the ticker TATASTEEL. The current price of TATASTEEL is 171.89 INR, a 3.31% increase in the past 24 hours.
SAIL (Steel Authority of India Ltd)
SAIL recorded a 14% year-on-year growth in sales at 12.7 million tonnes in April-November 2025, despite price pressures and demand volatility. In November 2025, SAIL's overall sales rose 27% year-on-year, with retail sales surging 69%. The company attributed the higher sales to a focused sales strategy, improved customer engagement, and better alignment between production and sales.
BEL (Bharat Electronics Ltd)
Bharat Electronics Ltd (BEL) has received additional orders worth ₹776 crore since November 14, 2025. These orders include indigenous Counter Unmanned Aerial Systems (SAKSHAM), software-defined radios, anti-drone systems, and other equipment. BEL shares closed 0.40% higher at ₹389.40 on Friday. Analysts suggest that any decline in BEL's share price should be seen as a buying opportunity.
Nestle
Nestle India has appointed a new HR head. The company is also eyeing massive rural growth and premiumization in cities. On the trading day under review, Nestle India's share price exhibited a marginal decline of 0.02%, closely mirroring the Sensex's movement of -0.04%. The stock's price currently trades above its 100-day and 200-day moving averages, signalling a longer-term support base.
Biocon
Biocon is set to convert Biocon Biologics into a wholly-owned subsidiary, triggering an equity reshuffle and fundraising. The board has cleared the issuance of 17.1 crore new shares to Biocon Biologics' minority shareholders at Rs 405.6 per share. Biocon will also raise Rs 4,500 crore through a Qualified Institutional Placement. BofA Securities said the move streamlines Biocon's group structure and opens room for debt reduction. Motilal Oswal maintains its Buy rating on Biocon, highlighting that while near-term stock performance may face pressure due to dilution and fund-raising, medium-term fundamentals remain robust with expected revenue CAGR of ~15% and EPS CAGR of 84% over FY25–28.
