return to news
  1. Stocks to watch, Sept 30: BSE, Adroit Industries, Prestige Estates, Power Mech Projects, Ganesh Benzoplast, KSB, 360 ONE WAM

Market News

Stocks to watch, Sept 30: BSE, Adroit Industries, Prestige Estates, Power Mech Projects, Ganesh Benzoplast, KSB, 360 ONE WAM

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.

4 min read | Updated on September 30, 2026, 08:10 IST

SUMMARY

Shares of BSE Ltd (formerly Bombay Stock Exchange) will begin trading on the NIFTY50 index on Wednesday as part of the bi-annual index rebalancing. BSE, which will enter the country's benchmark index for the first time, will replace IT solutions provider Wipro.

GIFT NIFTY futures suggest that the NIFTY50 index will open 25 points lower.

GIFT NIFTY futures suggest that the NIFTY50 index will open 25 points lower.

The domestic stock market is expected to open flat on Wednesday, September 30. GIFT NIFTY futures suggest that the NIFTY50 index will open 25 points lower.

Open FREE Demat Account within minutes!
Join now
Here is a list of stocks that may remain in focus today.
Listings today: Shares of Adroit Industries (India), Elevate Campuses, ArMee Infotech and Swastika Infra will be listed on the stock exchanges on Wednesday.
BSE: Shares of BSE Ltd (formerly Bombay Stock Exchange) will begin trading on the NIFTY50 index on Wednesday as part of the bi-annual index rebalancing. BSE, which will enter the country's benchmark index for the first time, will replace IT solutions provider Wipro.
Prestige Estates Projects: Real estate player Prestige Estates Projects Ltd said its hospitality unit has raised ₹3,000 crore from the Canada Pension Plan Investment Board (CPPIB) by diluting a 27% stake.

The majority of the capital would be used for continued expansion of the platform, the firm said in a regulatory filing. PHVL owns and operates a portfolio of luxury and premium hotels in key cities across India.

Recently, Prestige Estates shelved plans to launch an IPO of PHVL due to uncertain market conditions and some other factors.

Allcargo Logistics: Logistics operator Allcargo Logistics has appointed Vijay Nehra as its Managing Director & Chief Executive Officer from January 2027. He will replace incumbent Ketan Kulkarni.

For the interim period, in this strategic leadership transition move, which is aimed at accelerating the company's growth momentum and strengthen its talent pool to position it for the next phase of progress, Nehra has been appointed as Chief Transformation Officer and MD-designate from October 1, Allcargo Logistics said.

Outgoing MD and CEO Kulkarni will take up the role of Chief Growth Officer (CGO) at Allcargo Group, effective January 1, 2027, it said.

Power Mech Projects: The infrastructure-construction company has bagged a ₹549.37 crore operation and maintenance order from Adani Group company Moxie Power Generation.

The scope of work includes "providing complete operation and maintenance services at 2x600 MW Moxie Power Generation Ltd. Tuticorin TPP", the firm said in a regulatory filing. The contract period shall be of five years, effective October 1.

Ganesh Benzoplast: Ganesh Benzoplast signed a definitive agreement to sell its Liquid Storage Tank and Railway Network Businesses to Cisternina Logistics Pvt Ltd, in which KKR will make a majority investment.

The company said that it will use the proceeds from the sale to grow and expand its capacity for manufacturing of chemicals, lube oil additives, food preservatives, and chemical trading and to execute higher-value projects in the EPC business.

KSB: Pumps and valves maker KSB has secured a significant export order worth ₹118 crore from Dangote Projects Free Zone Enterprise for the supply of boiler feed pump package. "The order reinforces KSB's strong capabilities in delivering high-efficiency, engineered pumping solutions for critical process applications and further strengthens its presence in the international fertilizer and energy sectors," the company said in an exchange filing.
360 ONE WAM: The Regents of the University of California, which is the governing board of the University of California (UC) system, sold 0.89% stake in 360 ONE WAM for ₹374.31 crore through an open market transaction on Tuesday.

According to bulk deal data on the BSE website, the investor divested 36.33 lakh shares at an average price of ₹1,030.08 apiece. The buyers could not be identified from the exchange data.

Capital Small Finance Bank: Oman India Joint Investment Fund II offloaded 11.02 lakh shares, or a 2.4% stake, in Capital Small Finance Bank for ₹31 crore. The equity shares changed hands at an average price of ₹280 apiece, valuing the transaction at ₹30.87 crore. At the end of the June quarter, Oman India Joint Investment Fund II held a 2.52 per cent stake in the Jalandhar-based bank.
Cube Highways Trust: Mubadala Investment Company has sold a 3.35% unitholding in SEBI-registered InvIT Cube Highways Trust for ₹689.46 crore through separate block deals on Tuesday. The units were disposed of at an average price of ₹153.30 per unit.

Meanwhile, a clutch of domestic institutional investors bought an equal number of units at the same price.

EPC giant Larsen & Toubro acquired 97.84 lakh shares, amounting to nearly a 1% unitholding in Cube InvIT for ₹150 crore, emerging as the largest buyer of units.

Mutual funds managed by Birla, Kotak Mahindra, HSBC, and WhiteOak Capital, along with ICICI Prudential Life, HDFC Life Insurance, Axis Max Life, and Kotak Mahindra Life Insurance, also took part in the transaction.

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 advisor before making any investment decisions.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

Next Story