Stocks to watch, Sept 16: Paytm, YES Bank, R R Kabel, BHEL, Titagarh Rail Systems, Vikram Solar, NBCC

The domestic market is expected to open flat on Wednesday, September 16, with GIFT Nifty indicating a muted start.

On Tuesday, the S&P BSE SENSEX plunged 778 points, while the NIFTY50 index fell 1.19% to 23,118.60, its lowest close since April 6, amid surging oil prices, geopolitical tensions and weak global cues.

This new unit is located close to the company’s existing units in Silvassa.

The new facility has a total planned capacity of 18,000 MT per annum. Commercial production has commenced with the current operational capacity of 12,000 MT per annum, and the total capacity of 18,000 MT per annum is expected to be ready by December 2026.

In a regulatory filing, BHEL said that the state-owned firm and Titagarh Rail will hold an equal 50% stake each in the proposed joint venture company (JVC), which is yet to be incorporated. The JVC will be incorporated as a private limited company with an initial paid-up share capital of ₹50 lakh, and its registered office will be in Delhi.

Under the agreement, BHEL and Titagarh Rail will each nominate two directors to the board of the JVC.

In a statement, Bharat Forge and Pratt & Whitney Canada said they will evaluate the integration of advanced turboprop engines into a HALE unmanned aerial vehicle (UAV), being designed and developed under a programme by the Defence Research and Development Organisation (DRDO).

Pratt & Whitney is a business of US-based RTX.

The collaboration supports India’s indigenous unmanned aerial systems efforts under the government’s Aatmanirbhar Bharat initiative.

HALE UAVs provide long-endurance surveillance, intelligence, and reconnaissance across land and maritime domains.

The order will be executed by December 2027, the company stated in an exchange filing.

"Saatvik Green Energy has been awarded and has accepted an order from SECI for the supply of solar PV modules, with an aggregate order value of ₹1,041.63 crore," it said.

An arbitration tribunal, in July this year, rejected claims worth ₹223.6 crore made by WJT, with which Blue Star had entered into a shareholders' agreement in October 2015 for managing the affairs of Blue Star Oman Electro Mechanical Company.

"WJT, as part of the legal remedies available to it, has approached the Dubai Court of Appeal seeking annulment of the award. Annulment proceedings do not constitute an appeal or reconsideration of the merits of the award and are confined to limited grounds," Blue Star said in a stock exchange filing.

Asserting that the grounds of annulment raised by WJT are "baseless", the company said it would make appropriate submissions before the Dubai Court of Appeal.

The inspection, conducted from September 7 to September 15, concluded with one procedural observation, according to the company.

Aurobindo Pharma said it will respond to the US FDA within the stipulated timeline and remains committed to maintaining quality and compliance standards.

Under the agreement, Avaada Electro will supply 1 GW of ALMM-compliant domestically manufactured half-cut N-Type G12R TOPCon solar cells for Vikram Solar’s module manufacturing operations.

Deliveries are scheduled to commence in September 2026, ensuring consistency in supply and operational continuity to meet the country's growing DCR requirements.

On a YTD FY27 basis, total passenger traffic crossed 49 million, up 0.4% YoY, with Delhi traffic growing 5.5%. The company also highlighted the commencement of commercial operations at Bhogapuram Airport from August 17.