The stock market landscape for December 2 highlights various developments across major companies. Here's a detailed look at the top stocks to watch and the latest news driving these movements.

KEC International

• Secured orders worth ₹1,040 crore for T&D projects in international markets.
• This significant win strengthens KEC's position in the global infrastructure space.

KPI Green Energy

• Received a Letter of Award (LoA) to establish a 300 MW solar PV plant in Gujarat in partnership with Coal India.
• Marks an important move toward renewable energy expansion.

Greaves Cotton

• The board has approved the IPO of Greaves Electric Mobility via a fresh issue and OFS.
• Aims to scale up operations in India’s growing electric vehicle market.

Dixon Technologies

• Set to begin production of Google Pixel smartphones at its Noida facility.
• This initiative highlights India's growing role in the global tech manufacturing ecosystem.

Emami Realty

• Announced a residential project, "Emami Aamod," in New Alipore, with a revenue potential of ₹850 crore.

Phoenix Mills

• Sold its Janus Logistics business to Macrotech Developers for ₹48 crore.

Lemon Tree Hotels

• Signed agreements to expand with two new properties in Varanasi and Mussoorie.

Automotive Sector Highlights

1. Tata Motors: November sales were flat year-on-year across PV and CV segments.
2. Hero MotoCorp: Missed wholesale estimates, with total sales down 6.4% YoY.
3. Eicher Motors: Royal Enfield sales aligned with expectations, but CV sales dragged overall performance.

Coal and Cement Updates

1. Coal India: Revised coal prices in Eastern Coalfields to ₹700/tonne, boosting revenue projections.
2. UltraTech Cement: Enhanced capacity by 0.6 MTPA at its Chhattisgarh unit via debottlenecking.

Healthcare and Biotech Developments

1. Biocon: Achieved USFDA approval for its arthritis drug, YESINTEK, unlocking new growth potential.
2. Aster DM Healthcare: Confirmed its merger with Blackstone-backed CARE Hospitals.

Other Major Announcements

Cochin Shipyard

• Secured a ₹1,000 crore contract from the Ministry of Defence for strategic projects.

DLF

• Plans to sell its Kolkata IT park business to Primarc and RDB Group for ₹637 crore.

RVNL (Rail Vikas Nigam Limited)

• Emerged as the lowest bidder for a ₹643 crore project under PSPCL.

Cipla and Home First Finance

• Cipla promoters plan to offload a 1.72% stake via block deals at a 6% discount to the current market price.
• Home First Finance promoters may sell 14.79% equity via block deals at an 8% discount.

The Upcoming IPOs in this week and coming weeks are Nisus Finance, Emerald Tyre Manufacturers, Rosmerta Digital and Avanse Financial.

The Current active IPO is Ganesh Infraworld, Suraksha Diagnostic, Agarwal Toughened.