Stocks to watch, Sept 2: RIL, EPL, ONGC, HPCL, BPCL, Adani Green, Mphasis, Coal India

The domestic stock market is expected to open lower on Wednesday, September 2. The GIFT NIFTY futures suggest that the NIFTY50 index will open 40 points lower.

The sharp rise in crude prices is likely to keep oil-sensitive sectors such as paints, tyres, aviation and chemicals under pressure, as higher input and fuel costs could weigh on margins.

Upstream oil producers such as ONGC and Oil India could benefit from higher crude realisations, supporting revenue and profitability.

On the other hand, downstream oil marketing companies such as IOC, BPCL and HPCL could face margin pressure, particularly if domestic fuel prices remain unchanged while crude and product prices rise.

Reliance Industries could see a mixed impact, with higher crude prices supporting its upstream business, while elevated feedstock costs and refining margin volatility remain key factors to watch.

"Building on an established relationship spanning multiple years, Wipro will continue delivering end-to-end AI-enabled Digital Workplace Services for ABB's global operations while further enhancing employee experience through advanced automation, AI-powered service capabilities, and workplace modernisation initiatives," the press release added.

The government on Tuesday hiked the windfall gains tax on export of petrol and diesel, and reduced it marginally on ATF for the next fortnight.

The rate of special additional excise duty (SAED) along with road and infrastructure cess on export of diesel now stands at Rs 25 per litre, up from ₹24 a litre. SAED on export of aviation turbine fuel (ATF) has been set at ₹19 per litre, compared to ₹19.5 per litre earlier.

The duty on petrol exports has been hiked to ₹1.5 per litre effective September 1, up from zero earlier.

The Finance Ministry, in a notification, said the duty hikes will be effective from September 1.

US-based Blackstone, through its affiliate Epsilon Bidco Pte Ltd, offloaded a total of 8,44,79,781 shares, representing a 26.38% stake in Mumbai-based EPL Ltd (formerly Essel Propack), according to the bulk deal data on the NSE.

Epsilon Bidco Pte Ltd was the promoter of packaging company EPL Ltd (formerly Essel Propack Ltd).

The shares were disposed of at an average price of ₹240.57 apiece, taking the combined transaction value to ₹2,032.33 crore.

Meanwhile, the shares were picked up by a clutch of domestic mutual funds, insurers, asset managers, and foreign investors.

According to a regulatory filing on Tuesday, the company said that based on the releval celarnance, it was decided at 2.05 p.m. on September 1, 2026, to commercially operationalise this plant.

With the operationalisation of this project, Adani Green Energy has achieved a total operational renewable generation capacity of 20,280.80 MW and total operational battery energy storage system (BESS) capacity of 3,551 megawatts per hour (MWh).

The company also recorded a 4.5% growth in coal supplies to the power sector during the month, reaching 48.46 MT, compared to 46.39 MT in August FY26. Coal supplies to the non-regulated sector (NRS) also registered robust growth, increasing by 9.6% to 12.12 MT in August FY27 from 11.06 MT in the same period of the last fiscal year.

Nautiyal, former deputy managing director of SBI, was appointed as MD and CEO of Ujjivan Small Finance Bank (SFB) for three years with effect from July 1, 2024.

In an e-mail dated August 31, 2026, Nautiyal expressed his desire to seek an early retirement from the bank with 3 months’ notice period, the lender said in a regulatory filing.

The board considered Nautiyal’s request for early retirement and, looking at his health issues, it respected his decision and approved his request, the filing said.

The approvals, obtained in collaboration with seven global business partners, mark a significant expansion of the company's footprint in highly regulated international markets, Sakar Healthcare said in a release.

Key highlights include the approval of site variations for five additional oncology products by the European Medicines Agency (EMA) under a technology transfer pact with Accord Healthcare.

With this, six of the eight initiated technology transfers from Accord have received regulatory clearance.

This will be backed by RCPL's national distribution infrastructure, retail scale and consumer insights, said a statement from RCPL.

The FMCG arm of Reliance Industries Ltd (RIL) has claimed that the Bombay Creamery portfolio is made with real dairy cream.

Commenting on the development, RCPL Director T Krishnakumar said, “We built Bombay Creamery around one simple idea that dairy should not need shortcuts. RCPL is not just entering the ice cream category – we're committing to it. Made with real dairy cream, Bombay Creamery guarantees the promise of the genuine taste of real ice cream every single time, at a price every Indian family can afford.”

The brownfield project expands Gateway's presence in the North East.

Leah Tata, Vice President & Brand Leader, Gateway Hotels & Resorts, IHCL, said, "Gateway brand expands in the Northeast with this signing, marking the second anniversary of the re-imagined brand. Agartala is witnessing increased demand for hospitality offerings led by the growth of economic activity in the region. This signing is in line with our strategy of expanding across key business centres and emerging destinations. We are delighted to partner with Samashti Hotels & Resorts Pvt Ltd for this project."