Stocks in News: Titan, Indian Hotels, Hyundai India, Bharat Forge, IndiGo
The Indian stock market has seen notable movements in several key companies recently. Here's a summary of the latest developments concerning Titan, Indian Hotels, Hyundai India, Bharat Forge, and IndiGo.
Titan Company
Titan Company's shares have been performing strongly, hitting record highs in December. Bullish technical indicators support the uptrend, with the stock trading above key moving averages and displaying strong RSI and MACD readings. Experts suggest potential targets of ₹4,300–4,400, with a support level near ₹3,800 on a weekly closing basis. Over the course of 2025, Titan's share price gained nearly 22%, driven by the company's entry into the lab-grown diamond segment and strong quarterly performance in its core jewelry and lifestyle businesses.
Indian Hotels Company
Indian Hotels Company (IHCL) has been in the news for strategic moves, including the sale of a 25.52% stake in Taj GVK Hotels to Shalini Bhupal for ₹5.9 billion. Motilal Oswal Financial Services has a target price of ₹960 with a BUY recommendation on the stock. IHCL is strategically investing ₹204 crores to enhance growth, shifting from management contracts to revenue share agreements, expecting to boost revenue to ₹100 crores by FY30. The company's 'Accelerate 2030' strategy focuses on scaling new businesses to contribute over 25% of total revenue by 2030, aiming to more than double its portfolio to over 700 hotels.
Hyundai India
Hyundai Motor India Limited (HMIL) has entered the commercial mobility segment with the launch of its taxi offerings, Prime HB (hatchback) and Prime SD (sedan). These models are powered by a 1.2-litre Kappa four-cylinder engine, with petrol and factory-fitted CNG options. The Prime HB is priced at ₹5.99 lakh, and the Prime SD at ₹6.89 lakh (ex-showroom). This move comes as competition intensifies in the domestic market, with Hyundai expected to potentially lose its second position by the end of 2025.
Bharat Forge
Bharat Forge has witnessed a significant surge in open interest, signaling bullish market positioning. The company's shares closed at ₹1,462, just 0.46% shy of its 52-week high. The stock has outperformed its sector and is trading above all key moving averages, indicating sustained bullish momentum. Bharat Forge also secured its largest small arms contract with the defense ministry for ₹1,662 crore. The company reported a 23% YoY jump in consolidated net profit at ₹299 crore for Q2 FY26, with revenue from operations increasing 9.3% YoY to ₹4,032 crore.
IndiGo
IndiGo (InterGlobe Aviation) shares have faced pressure due to recent operational disruptions and cost pressures. The airline's market share fell to 63.6% in November from 65.6% in October, due to these disruptions. Shares of InterGlobe Aviation slipped nearly 2% on December 30, 2025. IndiGo has also announced increased pilot allowances to boost morale after mass flight cancellations. The airline received a GST penalty notice worth over ₹458 crore for FY18-19 to FY23, along with another notice worth ₹14.6 lakh for FY21-22. Despite recent challenges, IndiGo shares have gained nearly 9% year-to-date.
