Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, quarterly earnings, and appointments, here’s a quick look at which stocks will be in focus in today's trade:
Quarterly Earnings
Mangal Electrical Industries Q1 (YoY)
Profit falls 31.5% to Rs 3.7 crore Vs Rs 5.4 crore
Revenue declines 21.6% to Rs 89.66 crore Vs Rs 114.3 crore
Stocks to Watch
Naveen Jindal-owned Jindal Steel’s overseas subsidiary, Jindal Steel International, has entered talks with German conglomerate thyssenkrupp AG to potentially acquire its European steel business, thyssenkrupp Steel Europe. The company has submitted a non-binding bid and has committed to support the business’s decarbonisation plan.
Jaiprakash Associates, PNC Infratech
The Competition Commission of India (CCI) has approved the proposed acquisition of Jaiprakash Associates by PNC Infratech. Jaiprakash Associates is currently undergoing the corporate insolvency resolution process under the Insolvency and Bankruptcy Code.
CCI has approved the acquisition of up to 75% stake in Akzo Nobel India by JSW Paints, via a share purchase agreement and mandatory open offer.
Angel One has incorporated an associate company, Angel One Livwell Life Insurance, in collaboration with LivWell Holding Company Pte, marking its entry into the life insurance business. The company will invest Rs 104 crore to hold a 26% equity stake in the new venture.
RailTel has received a work order worth Rs 105.74 crore from the State Project Director, Bihar Education Project Council (BEPC) for procurement, supply, and installation of smart classrooms/KGBVs in Bihar.
Additionally, the company received a Letter of Acceptance (LoA) from the Bihar State Educational Infrastructure Development Corporation for developing hybrid smart classrooms and ICT labs at various colleges and universities in Bihar under the PM-USHA Scheme, worth Rs 57.48 crore.
The US FDA conducted an inspection at Lupin's Nagpur injectable facility between September 8–16, concluding the inspection with six observations.
Coal India has been declared the preferred bidder by the Ministry of Mines for the Ontillu-Chandragiri REE (Rare Earth Element) exploration block. The exploration license deed will be executed within one year of the Letter of Intent issuance by the respective state governments.
Life Insurance Corporation of India has increased its stake in Tech Mahindra by 2.004%, raising its holding from 8.836% to 10.84%.
The company announced the launch of the novel molecule Tegoprazan under the brand name PCAB, for the treatment of acid-related gastrointestinal diseases in India.
The board has appointed Shashank Srowthy as Chief Financial Officer and Additional (Executive) Director, effective October 1, replacing Lokesh Chandak, who resigns as Director & CFO effective September 30. Chandak will take up a new role at P&G as Senior Director – Finance & Accounting, Feminine Care – Asia Pacific Enterprise Markets, Middle East and Africa.
Mahindra Lifespace has been selected as the partner for the redevelopment of two housing societies in Chembur, Mumbai. The project has an estimated combined gross development potential of Rs 1,700 crore.
Bharat Electronics (BEL)
BEL has secured additional orders worth Rs 712 crore since September 1, including for IT infrastructure & cybersecurity solutions, ESM systems, blockchain platform, communication equipment, spares, and services.
SEBI has issued an order restraining Par Drugs from executing the Business Transfer Agreement (BTA) for the slump sale of its business to Phal-Jig Fine Chemicals (PJFCPL). SEBI also directed the NSE to appoint a registered valuer for an independent valuation of the business.
Subsidiary Blue Dart Aviation has received a Show Cause Cum Demand Notice (SCN) from the Office of the Commissioner of GST and Central Excise, demanding Rs 365.58 crore in GST.
The board will meet on September 22 to consider the issuance of cumulative non-convertible redeemable preference shares via bonus to shareholders.
Amber Enterprises has launched its Qualified Institutional Placement (QIP) issue on September 16, with a floor price of Rs 7,790.88 per share.
NLC India has received a Letter of Intent (LoI) from the Government of Chhattisgarh for two blocks: Semhardih Phosphorite & Limestone and Raipura Phosphorite & Limestone, located in Balod district.
SJS Enterprises has signed a Memorandum of Understanding (MoU) with BOE Varitronix (BOEVX), Hong Kong, for collaborative manufacturing of automotive displays in India.
Apollo Tyres has been announced as the lead sponsor of the Indian Cricket Team under a 3-year strategic partnership with the Board of Control for Cricket in India (BCCI).
Aditya Birla Fashion and Retail
The company has launched a new retail brand OWND, replacing Style Up. Existing Style Up stores will be converted into OWND stores, with a plan to expand to 100 stores by FY-end.
HCLSoftware has launched HCL Unica+, an AI-first MarTech platform in India, to enable businesses to deliver hyper-personalized, data-driven marketing at scale.
Telangana Pollution Control Board has issued a Revocation of Closure order for Premier Explosives’ Katepally factory, approving the resumption of production activities.
Bulk and Block Deals
Star Health & Allied Insurance Company
Mio Star, associated with Madison Capital, exited Star Health by selling its entire 67.72 lakh shares (1.15%) at Rs 441.01 per share, totaling Rs 298.67 crore.
Azim Premji-backed PI Opportunities AIF V acquired 45.35 lakh shares (0.77%) at Rs 441 per share, valued at nearly Rs 200 crore.
Bajaj Allianz Life Insurance acquired 10 lakh shares at Rs 449 per share, valued at Rs 44.9 crore. Meanwhile, Motilal Oswal Mutual Fund sold 12 lakh shares at the same price, totaling Rs 53.88 crore.
Tata Mutual Fund acquired an additional 11.37 lakh shares (0.76%) in Bluspring at Rs 79.5 per share, valued at Rs 9.04 crore. Tata MF, through Tata Small Cap Fund, already held a 5.09% stake in the company as of June 2025.
UAE-based BSREP IV FPI Two Holdings (DIFC) acquired an additional 5.37 lakh shares (0.59%) in Nirlon at Rs 540 per share, amounting to Rs 29.05 crore.
Mainboard Listing on September 17
Urban Company
Dev Accelerator (DevX)
Shringar House of Mangalsutra
SME Listing on September 17
Jay Ambe Supermarkets
Galaxy Medicare
Stocks Trade Ex-Dividend
63 Moons Technologies
Ashapura Minechem
Brisk Technovision
Carysil
Chemcrux Enterprises
Flomic Global Logistics
Garware Hi-Tech Films
Heranba Industries
Indo Amines
International Conveyors
KRBL
Mangal Credit and Fincorp
Morarka Finance
NR Agarwal Industries
Oricon Enterprises
Panasonic Energy India Company
Prakash Industries
Premier Polyfilm
RITES
Rossell Techsys
Synergy Green Industries
Shilpa Medicare
Super Tannery
TANFAC Industries
T T
Vidhi Specialty Food Ingredients
WSFx Global Pay
Zuari Industries
Stocks in F&O ban
Angel One
HFCL
Oracle Financial Services Software
RBL Bank
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