Overnight Digest: Stocks to Watch on Wednesday

Overnight Digest: Stocks to Watch on Wednesday

Indian markets remain under pressure amid global tensions and rising crude prices; Aster DM Healthcare, Lemon Tree Hotels, and GAIL (India) stocks to watch as trading resumes.

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Indian equities are at a very crucial juncture. Domestic equities remained under pressure on Monday during the weekly expiry session and ahead of the holiday on Tuesday, with the Nifty slipping below the 24,000 mark amid weak global cues and a sharp rise in crude prices.

After the first round of US–Iran discussions failed, both sides left the door open for further talks. Officials from both the United States and Iran have signalled conditional willingness to return to negotiations.

However, no official date or venue has been finalised as of now.

With markets being closed on Tuesday due to Dr Babasaheb Ambedkar Jayanti, there will be a crucial movement when the market opens.

Let’s have a look at the stocks that are likely to be in focus:

1. Aster DM Healthcare Ltd:

Aster DM Healthcare Ltd has invested Rs 96 crore towards the expansion of its Women & Children facility at Aster Whitefield Hospital, building on over a decade of trusted healthcare services in Bengaluru.

With this expansion, Aster Whitefield’s bed capacity will increase from 380 to 539 beds. The dedicated 159-bed Aster Women & Children facility will feature specialised maternity care, covering the entire journey from preconception to childbirth.

Aster DM Healthcare Ltd share price closed at Rs 666.05, down Rs 15.75 or 2.31 per cent.

2. Lemon Tree Hotels Ltd:

Lemon Tree Hotels Ltd reported a record year of portfolio expansion in FY 2025–26, driven by 56 new signings and 20 hotel openings.

With an operational portfolio exceeding 130 hotels and 11,000 keys across 80 destinations, the Company continues to leverage its capital-efficient strategy to scale rapidly while maintaining operational consistency and strong partner alignment.

Growth during the year was supported by a clear focus on high-growth urban markets, tier II and III cities, and emerging leisure destinations, along with a broader shift in travel demand across India.

Lemon Tree Hotels Ltd share price closed at Rs 112.30, down Rs 1.85 or 1.62 per cent.

3. GAIL (India) Ltd

GAIL (India) Ltd has announced plans to set up a 600 MW greenfield Solar power project in Uttar Pradesh, marking a significant step in the Company’s renewable energy expansion strategy.

The project will include a co-located battery energy storage system (BESS) of 550 MWh, aimed at enhancing grid stability and ensuring efficient power management. This integration reflects the industry’s increasing focus on addressing intermittency in renewable energy generation.

The total investment for the project is estimated at Rs 3,294.86 crore, including interest during Construction (IDC), Taxes, and associated expenditure. The Company plans to finance the project through a mix of debt and equity.

On Monday, GAIL (India) Ltd share price closed at Rs 153.71, declining by 0.37 or 0.24 per cent.

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Disclaimer: The article is for informational purposes only and not investment advice.