16 Sep , 2025 By : Debdeep Gupta
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:
Results Today
Mangal Electrical Industries
Quarterly Earnings
Patel Retail Q1 (YoY)
Profit grows 13.2% to Rs 6.9 crore Vs Rs 6.1 crore
Revenue increases 2.86% to Rs 182.5 crore Vs Rs 177.4 crore
Stocks to Watch
Wipro
The IT services company announced an expanded partnership with CrowdStrike to launch Wipro CyberShield MDR, an AI-powered unified managed security service (MSS) that simplifies and strengthens enterprise security operations.
Transrail Lighting
The EPC company has secured new orders worth Rs 421 crore, including a large transmission line contract in a new African country. These additions have taken the company’s FY26 order inflows beyond Rs 3,500 crore as of August 2025, reflecting a 78% YoY growth.
NCC
The company has received a contract worth Rs 2,090.5 crore from the Water Resources Department, Bihar, for the construction of the Barnar reservoir, dam structures, irrigation channels, and other associated works in Jamui district.
Adani Enterprises
The company has received a Letter of Award (LoA) from the National Highways Logistics Management (NHLML) for building the ropeway project connecting Sonprayag with Kedarnath. The company will invest Rs 4,081 crore in its first ropeway project between Sonprayag and Kedarnath.
Sanghvi Movers
Sangreen Future Renewable, a material subsidiary of Sanghvi Movers, has received large work orders worth Rs 292 crore from prominent independent power producers (IPPs).
Mishra Dhatu Nigam
The company has secured an order worth Rs 136 crore. With this, MIDHANI's total order book now stands at Rs 1,983 crore as of the latest date.
John Cockerill India
The company has received a contract from Tata Steel for the engineering, design, manufacture, and supply of Pickling and ARP plants to be installed at the Jamshedpur (Tinplate Division), Jharkhand. The total contract value is around Rs 80 crore, which includes supervision of erection and commissioning.
Additionally, the company has appointed Ujwal Kawale as Chief Operating Officer, effective September 15.
IndusInd Bank
CRED has launched a new credit card program with rewards across all e-commerce platforms, and instant, flexible redemption options on flights, hotels, hundreds of merchants, and thousands of products. The first launch under this program is the CRED IndusInd Bank RuPay credit card.
Additionally, Charu Sachdeva Mathur has resigned as Head - Digital Banking & Strategy (Existing Business) and Senior Management Personnel of the bank to pursue opportunities outside the organization.
Crompton Greaves Consumer Electricals
The Board has approved the appointment of Sundaram Damodarannair as Chairman of the company, in the capacity of Non-Executive, Non-Independent Director, effective September 18.
Asahi India Glass
The company has opened its Qualified Institutional Placement (QIP) issue for fundraising on September 15. The floor price has been fixed at Rs 844.79 per share.
Zydus Lifesciences
ZyVet Animal Health, a wholly owned subsidiary of Zydus Pharmaceuticals (USA) Inc, has launched the first FDA-approved generic of phenylpropanolamine hydrochloride tablets, used for managing urinary incontinence in dogs.
Additionally, ZyVet has announced the launch of the first veterinary-approved generic of Furosemide tablets, a critical therapy for managing congestive heart failure and chronic fluid retention in dogs and cats.
Wendt (India)
Ninad Gadgil has resigned as Executive Director & Chief Executive Officer of the company, effective September 15.
Canara Bank
The bank’s subsidiary, Canara HSBC Life Insurance Company, has received approval from SEBI for its Draft Red Herring Prospectus (DRHP), allowing it to file an Updated RHP for its upcoming IPO.
Aksharchem India
The company has announced a planned shutdown of its green plant at Indrad, Mahesana, effective September 15, for repair and maintenance. The shutdown is expected to last up to three weeks.
Maruti Suzuki India
The company has announced introductory prices for the all-new VICTORIS, starting at Rs 10,49,900. Sales will commence from September 22.
Kaya
The Board will meet on September 18 to consider various fund-raising options.
JSW Infrastructure
The company’s subsidiary, JSW Kolkata Container, has entered into a concession agreement with the Port Authority for a period of 30 years from the date of award.
In July, it had received a Letter of Award for reconstruction of Berth-8 and mechanization of Berth-7 and Berth-8 at Netaji Subhash Dock, part of the Kolkata Dock System, under Syama Prasad Mookerjee Port Authority, via PPP mode.
AGI Greenpac
The company is undertaking two de-bottlenecking exercises to revamp its container glass facility from 1,850 TPD to 1,900 TPD, and to enhance its speciality glass facility from 154 TPD to 200 TPD, at an estimated capital expenditure of Rs 47 crore. The increased capacity is expected to be operational by March 2026.
Bajaj Finserv
In a major legal win for Bajaj Allianz General Insurance Company, the Bombay High Court has quashed a Rs 374 crore claim made by the Government of Maharashtra. According to CNBC-TV18, the Court ruled that the demand was ‘unsustainable’ and stands dismissed.
Bajaj Allianz General Insurance is a subsidiary of the listed entity Bajaj Finserv.
Lloyds Engineering Works
The company has entered into an agreement with CEMI Process Optimization Brazil and CEMI Process Optimization LLC to promote and sell CEMI’s products and services, including software solutions and specialized equipment for process optimization, in the Indian market.
Tega Industries
The Board will meet on September 18 to consider raising funds via the issue of equity shares on a preferential basis.
Bulk, Block Deals
Laxmi Dental
Abu Dhabi Investment Authority (ADIA) sold 5.58 lakh shares each in Laxmi Dental at Rs 303.01 and Rs 303 per share, amounting to a 2.03% stake valued at Rs 33.82 crore. As of June 2025, ADIA held a 3.18% stake in the company.
Meanwhile, ICICI Prudential MF acquired 8,62,523 shares at Rs 303 per share, and 7,38,436 shares also at Rs 303 per share, totaling a 2.91% stake worth Rs 48.5 crore.
Resourceful Automobile
Plutus Capital Management purchased 31,200 shares in Resourceful Automobile at Rs 62.85 per share, whereas Rajat Verma offloaded 32,400 shares at Rs 63.07 per share.
Godawari Power and Ispat
Amrita Kedia and Anand Poddar acquired 32.5 lakh shares in the company at Rs 242 per share from Ardent Steel, in a deal valued at Rs 78.65 crore.
SME Listing on September 16
Krupalu Metals
Nilachal Carbo Metalicks
Karbonsteel Engineering
Taurian MPS
Stocks Trade Ex-Dividend
Dixon Technologies
Aarti Surfactants
Aeonx Digital Technology
Agarwal Industrial Corporation
Amrutanjan Health Care
Axis Solutions
Balmer Lawrie & Company
Balmer Lawrie Investments
Deccan Cements
Insolation Energy
India Gelatine & Chemicals
J Kumar Infraprojects
Karnataka Bank
Lancor Holdings
Linc
Nikhil Adhesives
Orient Ceratech
Prakash Pipes
Sodhani Academy of Fintech Enablers
Sigachi Industries
Skipper
Southern Petrochemicals Industries Corporation
United Drilling Tools
Vadilal Enterprises
Stock Trades Ex-Bonus
Godfrey Phillips India
Stock Trades Ex-Split and Bonus
GHV Infra Projects
Stocks in F&O ban
Angel One
HFCL
Oracle Financial Services Software
RBL Bank
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