Stocks to Watch on Dec 2, 2025: Reliance, TechM, Hero MotoCorp, LIC & More in Focus

The Indian benchmark indices, Sensex and Nifty 50, are likely to start Tuesday’s session on a flat note, taking direction from mixed global cues. As of 06:54 AM, GIFT Nifty futures were trading at 26,340, up just 6 points, indicating a muted start for Indian equities.

In the previous session on Monday, the markets slipped slightly for a second straight day as profit-booking at higher levels weighed on sentiment. The Sensex fell by 64.77 points, or 0.08%, ending at 85,641.90, while the Nifty 50 closed 27.20 points, or 0.10%, lower at 26,175.75.

Reliance Industries

Mukesh Ambani–led Reliance Industries announced that the composite scheme of arrangement involving Reliance Retail Limited (RRL), Reliance Retail Ventures Limited (RRVL), Reliance Consumer Products Limited (RCPL), and Tira Beauty Limited, soon to be renamed as the new RCPL, has become effective from December 1, 2025. With the scheme taking effect, RCPL stands dissolved from the same date.

Tech Mahindra

Tech Mahindra stated that its Boards of Directors have approved the merger of LCC North Central Europe B.V. with LCC Europe B.V., both fully owned step-down subsidiaries. The merger has an appointed date of April 1, 2025, and will proceed subject to regulatory approvals in the respective jurisdiction. After completion, LCC North Central Europe B.V. will no longer remain a wholly owned subsidiary or a step-down unit of Tech Mahindra.

Hero MotoCorp

Hero MotoCorp reported sustained growth momentum post the festive season, recording dispatches of 604,490 units in November 2025. This reflects a robust 31% year-on-year increase, according to the company’s announcement.

Hindalco Industries

Hindalco Industries has finalised the acquisition of a 100% equity stake in EMMRL, a wholly owned subsidiary of EMIL, effective December 1, 2025. With this development, EMMRL officially becomes a wholly owned subsidiary of Hindalco.

Life Insurance Corporation of India (LIC)

LIC announced that Ramakrishnan Chander has assumed charge as Managing Director of the Corporation from December 1, 2025. With his new role, he steps down from his previous positions as Executive Director (Investment – Front Office) and Chief Investment Officer.

Hindustan Unilever

Hindustan Unilever’s board has approved the appointment of Vandana Suri as Executive Director, Home Care, and General Manager, India – Home Care Business Unit. She will also join the company’s Management Committee effective January 1, 2026.

NMDC

NMDC released its provisional iron ore production and sales figures up to November 2025 for FY26. The company recorded monthly production of 5.01 MT, monthly sales of 4.17 MT, and cumulative production and sales of 31.48 MT and 30.28 MT, respectively.

Also Read: Wipro vs Infosys: Which IT Services Company Delivered Highest Earnings in Q2FY26?

Conclusion

Overall, market sentiment appears cautious, supported by domestic economic data and notable corporate developments across key sectors.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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