Stocks to Watch – Quick Summary
Positives
• InterGlobe Aviation (IndiGo): Replaces Tata Motors PV in Sensex rejig.
• Tata Steel: Gets interim protection from Orissa High Court.
• Hindustan Construction: Board meets Nov 26 for ₹1,500 cr fundraise.
• KNR Constructions: Receives completion certificate for ₹1,180 cr project.
• Alkem Labs: No major observations in Sikkim plant audit.
• Tata Power: Signs power agreement in Bhutan.
• IKS Health: Nomura initiates Buy; TP ₹2,000.
• Shyam Metalics: Jefferies initiates Buy; TP ₹1,050.
• HG Infra, RVNL, NBCC, NTPC Green Energy: Key order wins support outlook.
Negatives
• TCS: US Appeals Court upholds $194M damages against company.
• Swiggy, Zomato, UrbanCo: Impact expected as 4 new labour codes get implemented.
• Lupin, Shilpa Medicare, Natco Pharma: Face adverse observations from USFDA.

















