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  1. Stocks to watch, Sept 18: Tata Group stocks, Afcons Infra, Bharat Forge, BEL, Wipro, GPT Infra, IndiGo

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Stocks to watch, Sept 18: Tata Group stocks, Afcons Infra, Bharat Forge, BEL, Wipro, GPT Infra, IndiGo

Swati Verma

7 min read | Updated on September 18, 2026, 08:28 IST

SUMMARY

Tata Group stocks will be in focus as Tata Sons’ board has voted to reappoint N Chandrasekaran as executive chairman for another five-year term, reversing his earlier decision not to seek a renewal beyond February 2027.

Stocks-to-watch-sept-18-2026

The GIFT NIFTY futures suggest that the NIFTY50 index will open 6 points higher. Image: Shutterstock

The domestic equity market is expected to open flat with a positive bias on Friday, September 18. The GIFT NIFTY futures suggest that the NIFTY50 index will open 6 points higher.

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Here is a list of stocks that may remain in focus.
Tata Group stocks: Tata Sons’ board has voted to reappoint N Chandrasekaran as executive chairman for another five-year term, reversing his earlier decision not to seek a renewal beyond February 2027.

The development follows the RBI's rejection of Tata Sons’ application to surrender its core investment company registration, reviving the possibility of a listing. Tata Group stocks could remain in focus as investors assess the implications for the group’s leadership and future structure.

Afcons Infrastructure: Afcons Infrastructure will be in focus amid developments around Tata Sons and the Shapoorji Pallonji Group. The SP Group, which owns about 18.4% of Tata Sons, has proposed selling a portion of its stake worth at least ₹25,000 crore to Tata Sons through a selective capital reduction, according to Tata Trusts.

The proposal could provide liquidity to the debt-laden SP Group, of which Afcons Infrastructure is a flagship company.

Petronet LNG: The company, in its board meeting held on September 17, 2026, approved the proposal for incorporation of 50:50 joint venture company with Gruner Renewable Energy Private Limited as a Private Limited Company to establish 10 CBG plants each of 18MT/day capacity across the country with an estimated capital outlay of ₹1,200 crore.
Bharat Forge: Bharat Forge has opened its Qualified Institutional Placement (QIP) to raise funds, with the floor price set at ₹1,947.70 per equity share. The company may offer a discount of up to 5% on the floor price, and the lead managers will determine the final issue price. The QIP follows shareholder approval received on September 11.
GPT Infraprojects: The company has bagged a bridge project from Rail Vikas Nigam Limited (RVNL), Bhubaneswar.

The ₹483.72 crore order includes the construction of Bridge 544, an open-web steel girder bridge over the Mahanadi River. The project is part of the construction of the third and fourth railway lines between the Nergundi-Barang section in the Khurda Road division of East Coast Railway.

The project is expected to be completed in 1,095 days.

Aavas Financiers: Aavas Financiers said it has received approval from the Reserve Bank of India for the appointment of Manu Yeshpal Singh as Managing Director for a tenure of five years from the date of appointment. The appointment is subject to approval from the company's Board of Directors, which will be updated in due course.
ACME Solar Holdings: The company, through its wholly owned subsidiary, i.e., ACME Greentech Seventh Private Limited, has commissioned Phase-II of the BESS component, comprising 52.32 MW/209.28 MWh out of 300 MW / 1200 MWh (Discharge Capacity) of the FDRE Project located at Village: Kelan, Tehsil: Chhatargarh, District: Bikaner, Rajasthan on September 17, 2026.

The Commercial operation date (COD) for the same shall be September 19, 2026.

With this, ACME Greentech Seventh Private Limited has achieved a commissioned capacity of 105.95 MW / 423.80 MWh of the BESS component. Power Purchase Agreement (PPA) for this project has been signed with SJVN Limited, with long-term project financing from REC.

ACME Solar expects to commission the entire BESS capacity for this project by Q3 of the current fiscal.

Wipro: Shares of Wipro are expected to be in focus on Friday, September 18, as it launched Wipro STO360, a new solution developed in collaboration with Aramco and SAP.
According to a regulatory filing dated September 17, the tool will help asset-intensive organisations with efficient shutdown, turnaround, and outage (STO) management.

The tool, built on SAP’s Business Technology Platform (SAP BTP), combines Wipro’s domain expertise with Aramco’s business innovation and operational leadership to support asset-intensive industries, including oil and gas, chemicals, mining, manufacturing, and utilities.

NLC India: Shares of the government-owned NLC India are expected to be on investors' radar on Friday, September 18, as it said that Dr. Prasanna Kumar Acharya, Director (Finance), has been appointed as the Chairman cum Managing Director (CMD) of the company.

According to a regulatory filing, the Ministry of Coal, Government of India, conveyed the approval of the President of India for the appointment of the CMD.

Dr. Acharya assumed the position of CMD of NLC India on September 17, 2026, and will hold office for a period of five years, “subject to such terms and conditions as may be determined by the Government of India”.

Bharat Electronics (BEL): The stocks is expected to be in the spotlight after the defence PSU firm on Thursday, September 17, said it has bagged an additional order.

The Navratna defence firm secured additional orders worth ₹648 crore since the last disclosure on August 26, 2026.

“Major orders received include laser-based IR jammer, communication equipment, cyber security solution, thermal imager, transducer, AI-based software solution, TR modules, upgrades, spares, services, etc,” said BEL in a regulatory filing.

Hindustan Aeronautics (HAL): The defence major said it would hand over Tejas twin-seater trainers, HTT 40 basic trainer aircraft and Dhruv Next Generation helicopters to the Indian Air Force (IAF).

The defence company will deliver the aircraft in Bengaluru on Friday, September 18, to Pawan Hans Limited (PHL) in the presence of Defence Minister Rajnath Singh and Minister of Civil Aviation K. Rammohan Naidu.

Central Mine Planning & Design Institute (CMPDIL): The Board of Directors has approved a draft MoU for five years, to be executed between CMPDIL and Oil India Limited (OIL), to jointly pursue opportunities in clean energy, critical minerals and allied mining projects.

The proposed MoU aims to establish a framework for long-term technical collaboration between the two organizations by leveraging their respective strengths to support India's energy transition and strategic mineral security.

Interglobe Aviation (IndiGo): The country's largest airline IndiGo has recently increased charges for various ancillary services, including infant travel and unaccompanied minors, according to a PTI report.

There was no comment from IndiGo on the revision in the charges.

The report, quoting sources, said charges have been revised higher for travel of infants, unaccompanied minors and excess baggage, among other services.

For infant travel in domestic flights, the charge has been increased to Rs 3,000 from Rs 2,200, as per the sources. The amount varies on international routes.

Children above the age of 3 days and under the age of 2 years are considered infants.

IndiGo's website showed the charge for unaccompanied minors is ₹5,999 and ₹12,999 for domestic and international flights, respectively.

Dalmia Bharat: Dalmia Bharat said its step-down wholly owned subsidiary Ascension Mercantile has incorporated a new wholly owned subsidiary, AMPL Green City Solutions, with an investment of ₹1 lakh.

The new entity will operate in waste management and recycling, with plans to develop waste processing plants, recycling facilities and resource recovery facilities. The subsidiary was incorporated on July 13, 2026, and 100% of its equity is held by Ascension Mercantile.

Juniper Green Energy: Shares will be in focus as the company has commissioned the final 25 MW solar capacity of its 75 MW wind-solar hybrid power project through wholly owned subsidiary Juniper Green Beam Eight on September 17.

The project is backed by a power purchase agreement with Tata Power.

With this commissioning, the company's aggregate operational capacity rises to around 2,725 MWp, while its operational battery energy storage capacity remains around 500 MWh.

With inputs from PTI
Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial adviser before making any investment decisions.

About The Author

Swati Verma
Swati Verma is a business journalist with 12 years of experience. She writes on equities, corporate earnings, sectoral trends, and industry outlook, among others. At Upstox, she leads financial markets coverage.

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