Stocks to Watch on Dec 4, 2025: Reliance, Infosys, Pine Labs, ONGC & More in Focus

The Indian benchmark indices, Sensex and Nifty 50, are expected to open on a subdued note on the penultimate trading day of the week, weighed down by mixed global signals. GIFT Nifty futures also pointed to a softer start, trading 49 points lower at 26,087 as of 06:46 AM on Thursday.

Reliance Industries

Reliance Strategic Business Ventures, a wholly owned unit of Reliance Industries, has entered into a partnership with Surrey County Cricket Club for the Oval Invincibles franchise in The Hundred. This comes after the completion of a deal transferring ownership from the England and Wales Cricket Board, giving Reliance a 49% stake and Surrey a 51% stake in the team.

Infosys

Infosys is witnessing strong interest from clients looking to establish India-based Global Capability Centres (GCCs). A senior executive said many new client engagements now begin with requests to set up GCCs before moving into broader technology partnerships. The IT major plans to strengthen its presence in the fast-growing GCC market.

Pine Labs

Pine Labs reported a consolidated net profit of ₹5.97 crore in Q2 FY26, a sharp turnaround from a loss of ₹32.01 crore in the same quarter last year. The fintech company’s revenue from operations rose 17.82% year-on-year to ₹649.9 crore, compared to ₹551.57 crore in Q2 FY25.

Oil and Natural Gas Corporation (ONGC)

ONGC has received government approval to extend the re-employment of Arun Kumar Singh as chairman and CEO for an additional year. The extension will be on a contractual basis, according to a senior company official.

Cipla

Cipla, in collaboration with Stempeutics Research, has launched Ciplostem—an advanced allogeneic mesenchymal stromal cell (MSC) therapy for treating knee osteoarthritis. The move marks Cipla’s significant entry into the orthobiologic medicine segment.

InterGlobe Aviation (IndiGo)

IndiGo has cancelled more than 300 flights over the past two days, with numerous additional delays, due to operational disruptions stemming from a rising pilot shortage. The situation intensified after the implementation of new flight duty time limitation (FDTL) rules, according to aviation industry sources.

RailTel Corporation of India

RailTel has announced receiving a work order worth ₹48.78 crore (excluding taxes) from the Mumbai Metropolitan Region Development Authority. The project will add to RailTel’s ongoing infrastructure and digital services portfolio.

Indian Energy Exchange (IEX)

Indian Energy Exchange recorded an electricity trading volume of 11,409 MU (excluding TRAS) in November 2025, representing a 17.7% increase compared to the previous year. The platform also saw the trading of 4.74 lakh Renewable Energy Certificates during the month.

Bank of Maharashtra

The Offer for Sale (OFS) of Bank of Maharashtra closed on Wednesday at a floor price of ₹54 per share. At this price, the government is expected to raise about ₹2,492 crore by selling its 6% stake. With the stake reducing from 79.60% to 73.6%, the bank achieves compliance with the 25% minimum public shareholding requirement.

Tata Capital

Tata Capital has announced that the Securities and Exchange Board of India (Sebi) has issued a settlement order following a suo motu application filed by the company under Sebi’s settlement regulations. Tata Capital has paid a settlement amount of ₹14,40,000 as part of the resolution.

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

Conclusion

Overall, the market continues to track a mix of corporate developments, sector-specific updates, and broader macro cues.

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.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.