Stocks to watch today, December 23: Ambuja Cements, Cipla, Groww, Canara Bank, Saatvik Green Energy, others

Stocks to watch: Dalal Street on Tuesday may see selective churn at the opening bell as a clutch of companies across financials, cement, pharmaceuticals, renewables and agri-inputs roll out key updates before market hours. From interest rate cuts by LIC Housing Finance, a consolidation move in the cement space led by Ambuja Cements, a new diabetes therapy launch by Cipla, and fresh order inflows in renewables and railways are among the developments likely to keep traders busy.

Here is the list of companies' stocks that could be in focus on investors or traders' radar:

Stocks to watch | LIC Housing Finance

LIC Housing Finance Ltd will be in focus after the company announced a reduction in interest rates on new home loans to 7.15 per cent. The revised rates will be applicable on fresh loan sanctions with effect from December 22, 2025.

Stocks to watch | Ambuja Cements

Shares of Ambuja Cements are likely to attract attention after the Adani group firm approved the amalgamation of its subsidiaries ACC Ltd and Orient Cement with itself. The merger aims to create a pan-India cement major by unlocking operational efficiencies.

Saatvik Green Energy may see buying interest after its arm, Saatvik Solar Industries, secured a Rs 486 crore order from an independent power producer for the supply of solar PV modules. The order is scheduled to be executed by December 2026.

Pharma major Cipla will be in focus after launching orally inhaled insulin powder for diabetes patients in India. The product, marketed under Afrezza, offers a needle-free alternative to injectable insulin therapy. Cipla had received regulatory approval from the CDSCO late last year for its exclusive distribution and marketing.

Stocks to watch | Canara Bank

Canara Bank shares may react after the Financial Services Institutions Bureau recommended Brajesh Kumar Singh as the new Managing Director and CEO of the bank. Singh, currently Executive Director at Indian Bank, will replace K Satyanarayana Raju upon his superannuation later this month.

Stocks to watch | Coromandel International

Coromandel International announced the launch of ‘Fertinex’, a water-soluble fertiliser designed for fertigation applications. The product is embedded with proprietary Smart Signalling Technology aimed at improving nutrient uptake, soil health, and plant–microbe communication.

Stock broking platform Groww introduced ‘Groww Lite’, a web-based backup trading portal. The emergency platform allows users to close or exit open trading positions during outages or technical disruptions on the main app or website, enhancing platform reliability.

Concord Control Systems Limited is expected to be watched after securing a Rs 139.32 crore order from Indian Railways for a locomotive wireless control system. The order includes supply, installation, and commissioning of critical safety technology.

Stocks to watch | Akums Drugs and Pharmaceuticals

Akums Pharma may see movement after private equity firm Quadria Capital exited the company by selling its entire 4.62 per cent stake for Rs 311 crore through an open market transaction. The deal involved the sale of over 72.78 lakh shares on the NSE.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)