Stocks to watch, Sept 9: Oil-sensitives, Coforge, Raymond, Adani Energy, NLC India, Berger Paints, Tata Power

The domestic stock market is expected to open with a gap down on Wednesday, September 9. The GIFT NIFTY futures suggest that the NIFTY50 index will open 92 points lower.

Upstream producers such as ONGC and Oil India could benefit from higher crude prices. In contrast, OMCs such as IOC, BPCL and HPCL could face pressure from elevated input costs and concerns around marketing margins if retail fuel prices are not adjusted.

Meanwhile, paint and tyre makers are likely to remain under pressure as crude-linked raw material costs rise, while aviation stocks could face margin pressure from higher jet fuel costs.

The sustained rise in crude therefore keeps OMCs, ONGC, Oil India, paint, tyre and aviation stocks on investors' radar.

The resignation followed concerns raised during an internal audit review of the board evaluation process, including the disclosure of certain material information relating to the Board Evaluation Report and the Chairperson’s performance.

The company said the board had sought an explanation from Bhatt and was still evaluating his response when he resigned. Vivek Sharma, Non-Executive Independent Director, has been designated as interim Chairperson until January 31, 2027.

This is, however, subject to members’ approval and other applicable statutory and regulatory approvals.

Raymond further said that each warrant will entitle the holder to subscribe to one fully paid-up equity share of face value ₹10 at an issue price of ₹645 per share, including a premium of ₹635 per share.

The PPA is for 25 years from the scheduled commencement date of supply. The agreement follows Adani Power assigning the rights and obligations under the Letter of Award to Powerpulse Trading Solutions. AESL said the deal will strengthen its power supply portfolio and reinforce its position in the energy solutions business.

According to a regulatory filing dated September 8, NIRL had participated in the Request for Selection (RfS) floated by SJVN Ltd for the selection of wind power developers for the supply of 600 megawatts (MW) of wind power from ISTS-connected wind power projects on a pan-India basis under the tariff-based competitive bidding.

NLC India’s arm emerged as a successful bidder for the development of the aforesaid project with a contracted capacity of 200 MW.

Accordingly, NIRL received a letter of award (LoA) from SJVN Ltd, the company further stated.

The commercial papers are "proposed to be listed on the BSE", said Avenue Supermarts in a regulatory filing.

According to the company, the papers, which will have a tenure of 90 days, were allotted on September 8, 2026, and are due to mature on December 7, 2026, the filing said.

The instrument carries a coupon of 6.40%, with the coupon and principal payable on the date of maturity, according to the disclosure.

"Nava Raipur is steadily establishing itself as a key micro-market, supported by planned urban development and investment across sectors. As the city continues to evolve, Ginger Nava Raipur will cater to a broad mix of travellers. We are delighted to partner with ECHT Ventures," IHCL Executive Vice President Real Estate and Development, Suma Venkatesh, said in a statement.

With the addition of this hotel, IHCL will have four hotels in Chhattisgarh, including three under development.

The initiative will enable Bajaj Finance to invest in early-stage technology startups from seed to Series B, with a focus on areas including artificial intelligence, cybersecurity, quantum technologies, fintech, and consumer technology, it said.

According to a statement on Tuesday, the company has completed 5,19,673 installations (as of July 31, 2026), representing a 14% market share, and is targeting 30 lakh installations by 2029.

Tata Power Solaroof has so far facilitated financing worth over ₹8,500 crore through a network of more than 25 financing partners, helping more consumers and businesses access rooftop solar solutions, it added.

Tata Power Solaroof, part of Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power Company Ltd, has crossed the milestone of 5 lakh rooftop solar installations across India, marking a significant step in the adoption of distributed renewable energy across residential, commercial and industrial segments.

Emami announced the launch of ‘BoroPlus FromMaa’, a new range of baby-care products.

The products are paediatrician-approved and dermatologist-tested, the company said in a statement.

The portfolio includes baby lotion, soap, shampoo, massage oil, powder and diaper rash cream.

Emami's earlier attempt in baby care was with the ‘Sona Chandi Healthy and Fair’ massage oil, launched around 2006-07 (under the Himani range), but it was discontinued.

The revival of products in this category comes as India's baby-care market is growing on the back of rising demand for premium, natural and expert-backed products, the statement said.

The Gurugram-based listed entity is one of the leading real estate developers in the country.

"We will be launching two large housing projects in Gurugram with a total revenue potential of Rs 10,000-12,000 crore during the second half of the 2026-27 fiscal," Signature Global Chairman Pradeep Kumar Aggarwal told PTI on the sidelines of the Assocham real estate conference here.

Aggarwal said one housing project would be launched during Dussehra and Diwali festivals.

The company's chairman said that the housing demand continues to be strong.

Aggarwal exuded confidence that the company would meet the pre-sales or sales bookings guidance of ₹10,000 crore for the current fiscal.