Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, acquisitions, and appointments, here’s a quick look at which stocks will be in focus in today's trade:
Patel Retail
Gem Aromatics Q1 (Consolidated YoY)
Profit falls 7% to Rs 7.98 crore Vs Rs 8.6 crore
Revenue declines 5.4% to Rs 87.6 crore Vs Rs 92.7 crore
Stocks to Watch
The company, through its wholly owned subsidiary Tata Technologies Pte, Singapore, has signed a definitive agreement to acquire 100% equity shares in Germany-based ES-Tec GmbH and its subsidiaries (ES-Tec Group) from MW Beteiligungs GmbH for EUR 75 million. The acquisition is expected to be completed by December 2026.
The company has received a second order worth Rs 374.41 crore from Maharashtra State Electricity Distribution Company (MSEDC) for the supply of 12,451 off-grid solar water pumps. With this, a total of 22,451 off-grid DC solar photovoltaic water pumps have been booked across two tranches, valuing the total order at Rs 616.30 crore. On August 12, the company received a Letter of Empanelment for the supply and installation of 34,720 off-grid solar water pumps under the Magel Tyala Saur Krushi Pump Yojana / PM-KUSUM B scheme.
The company has received an Establishment Inspection Report (EIR) from the US Food and Drug Administration (USFDA) for its API-I and API-II facilities at Panelav. The inspection was conducted from May 26 to May 31. The EIR indicates closure of inspection at the unit.
The company has received a Letter of Intent from Adani Energy Solutions for the supply of 5,403 KM AL-59 Zebra conductor for the Jamnagar project, worth Rs 236.7 crore.
The company has received a contract worth Rs 618 crore from a Fertilizer Company in Africa for providing Project Management Consultancy (PMC) and Engineering Procurement and Construction Management (EPCM) services for setting up a new fertilizer plant in Africa.
The company has received a Letter of Acceptance (LOA) for an order worth Rs 209.78 crore from the State Project Director (SPD), Bihar Education Project Council (BEPC). The project is for the implementation of education quality enhancement in Bihar under PM SHRI.
The company has signed a Power Supply Agreement with Bihar State Power Generation Company for the supply of 2,400 MW of power from a greenfield ultra-supercritical plant to be set up at Pirpainti, Bihar.
The USFDA has completed a Pre-Approval Inspection (PAI) at the company's biologics manufacturing facility in Bachupally, Hyderabad, and issued a Form 483 with five observations. The inspection was conducted from September 4 to September 12.
The company has emerged as the L1 bidder for a road construction project worth Rs 509.2 crore from the Greater Mohali Area Development Authority (GMADA). The project involves the construction of internal roads in Pocket B, C & D of Aerotropolis, SAS Nagar.
The company announced its intention to acquire a 30.58% stake in its subsidiary Apollo Health and Lifestyle (AHLL) from the International Finance Corporation for Rs 1,254 crore. Post-transaction, AHLL will become a 100% subsidiary of the company, with 99.42% stake held by the company and the remaining balance in the ESOP pool.
Additionally, the company will be setting up a comprehensive oncology facility, including a Single Gantry Proton Proteus One System at Gurugram, with an investment of Rs 573 crore.
Naveen Sorot has resigned as Chief Financial Officer and Key Managerial Personnel of the company due to his relocation to Gurgaon, effective September 12.
The Board of Directors will meet on September 17 to consider raising funds via the issuance of non-convertible debentures (NCDs) through private placement.
Central Depository Services (CDSL)
SEBI has approved the re-appointment of Rajeshree Sabnavis as a Public Interest Director on the Governing Board of the company for three years, starting November 29, 2025.
The company has received a whistle-blower complaint alleging violations of company policies by certain employees in the 99acres business vertical.
The Audit Committee and Board of Directors have noted the allegations and engaged a reputed specialist law firm to conduct an independent and comprehensive investigation.
Samvardhana Motherson International
The company has executed a Joint Venture Agreement with Taiwan-based Macauto Industrial Co. To achieve the objectives of the agreement, it has incorporated a wholly owned subsidiary, Motherson Macauto Solutions.
The company’s passenger traffic declined 3.5% year-on-year to 93.49 lakh in August, with domestic passenger traffic remaining flat and international passenger traffic growing 2.8% YoY.
Aircraft movements during the same period dropped 4.2% to 58,813.
Bulk, Block Deals
Bank of Baroda, Eicher Motors, Max Financial, PFC from Marshall Wace
France-headquartered Societe Generale has bought 64,16,414 equity shares (0.12% stake) in Bank of Baroda at Rs 238.27 per share for Rs 152.88 crore, and 24,37,238 shares (0.07%) in PFC at Rs 399.55 per share for Rs 97.4 crore from Marshall Wace Investment Strategies - Eureka Fund (the hedge fund of Marshall Wace).
Further, Societe Generale purchased 60,405 shares (0.02%) in Eicher Motors at Rs 6,758 per share for Rs 40.82 crore, and 74,675 shares (0.02% stake) in Max Financial Services at Rs 1,605.4 per share for Rs 11.98 crore from Marshall Wace.
Plutus Wealth Management, an investment company, acquired 5.15 lakh shares (0.77% stake) at Rs 1,963.2 per share in Tega Industries, totaling Rs 101.1 crore.
ASK Financial Holdings purchased 84.75 lakh units (0.63%) at Rs 133 per unit in Cube Highways Trust, amounting to Rs 112.7 crore.
SME Listing on September 15
Vashishtha Luxury Fashion
Stocks Trade Ex-Dividend
Glenmark Pharmaceuticals
Indraprastha Gas
DOMS Industries
Aarti Pharmalabs
Alicon Castalloy
Beekay Steel Industries
Chaman Lal Setia Exports
Continental Securities
Ddev Plastiks Industries
Empire Industries
Foods & Inns
Frontier Springs
Gamco
Interarch Building Solutions
Khazanchi Jewellers
KNR Constructions
Lambodhara Textile
Landmark Cars
Lux Industries
Phoenix Mills
Polyplex Corporation
Power Mech Projects
Narmada Gelatines
Savita Oil Technologies
Storage Technologies and Automation
Superhouse
Texmaco Rail & Engineering
Stocks in F&O ban
HFCL
Oracle Financial Services Software
RBL Bank
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