12 Stocks to Watch on Dec 31: Big Deals, Penalties, and New Orders Set to Move Markets

• Bharat Forge secured a ₹1,662 crore defense contract with the Ministry of Defense for small arms supply.
• PowerGrid received a Letter of Award for establishing 2,000 MWh battery energy storage projects in Andhra Pradesh.
• IndiGo faces a ₹458 crore GST penalty order from the Delhi Tax Authority for FY18-19 to FY22-23.
• Privi Speciality Chemicals may see a ₹700 crore block deal involving a 6.32% stake sale.
• Taj GVK Hotels saw promoter Shalini Bhupal acquire a 25.5% stake from The Indian Hotels Company at ₹370 per share.

Why It Matters: Corporate announcements, new orders, and penalties will drive movement in 12 key stocks on Dec 31.