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  1. Stocks to Watch, Sept 10: Apex Foods, Avanti Feeds, Vikram Solar, Thermax, Bajaj Auto, Eicher Motors, Sun Pharma, Kotak Bank

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Stocks to Watch, Sept 10: Apex Foods, Avanti Feeds, Vikram Solar, Thermax, Bajaj Auto, Eicher Motors, Sun Pharma, Kotak Bank

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5 min read | Updated on September 10, 2025, 08:22 IST

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SUMMARY

Stocks to Watch: Bajaj Auto on Tuesday announced that it was fully passing on the benefit of the recent GST reduction to customers across its relevant Bajaj and KTM motorcycles and three-wheeler range, as applicable.

Stocks

The GIFT NIFTY futures suggest that the NIFTY50 index will open 72 points higher. | Image: Shutterstock

Stocks to Watch: The domestic equity market is expected to open with gains on Wednesday, September 10. The GIFT NIFTY futures suggest that the NIFTY50 index will open 72 points higher.
Here is a list of stocks that may remain in focus on Wednesday.
Apex Foods, Avanti Feeds: Shares of seafood companies such as Apex Frozen Foods and Avanti Feeds, among others, will be in focus as the European Union (EU) has approved 102 additional marine product units from India for exports, making them eligible to supply to the bloc, which is the country's second-largest seafood export destination.

With this, a total of 604 Indian units are listed by the EU.

"The move would help boost India's seafood exports to the EU. It is expected to help increase our seafood exports by about 20 per cent," an official said.

In 2023-24, India's seafood exports to the EU stood at USD 1.1 billion.

The development is also important for diversifying India's shrimp exports, which are hit hard by a steep 50% tariff imposed by the US.

Bajaj Auto: Bajaj Auto on Tuesday announced that it was fully passing on the benefit of the recent GST reduction to customers across its relevant Bajaj and KTM motorcycles and three-wheeler range, as applicable. With the Government’s move effective from September 22, 2025, consumers can now celebrate an early start to the festive season with reduced prices across dealerships in India.

The company said it would reduce prices of two-wheelers by up to ₹20,000 and up to ₹24,000 on the three-wheeler range.

Eicher Motors: Eicher Motors, the parent of Royal Enfield motorcycles, on Tuesday announced that the brand will pass the full benefit of the GST rate reduction to its customers across its motorcycle business and service and apparel and accessories range, following the recent reforms introduced by the GST Council.

"With this move, Royal Enfield’s iconic 350cc range will become more accessible for motorcycling enthusiasts across the country. For more than the 350cc range, the prices will change as per the new GST rates. The motorcycles with new pricing will be available to customers starting September 22, 2025," the company said.

Sun Pharma: The company, in its regulatory filing, said that the US Food and Drug Administration (FDA) conducted an inspection at the pharma company’s Halol Facility from June 2 to June 13, 2025, and that the FDA has now classified the facility as “Official Action Indicated” (OAI). This means the FDA considers the facility to be not fully compliant with regard to certain current good manufacturing practices (CGMP).

"The Halol facility is under Import Alert, resulting in the refusal of shipments from the facility into the US, barring certain exemptions due to drug shortage, until the facility becomes fully compliant with FDA and CGMP standards," the company said.

Blue Jet Healthcare: The speciality pharmaceutical company, as per a report by CNBC-TV 18, said on Tuesday its promoter Akshay Bansarilal Arora will sell up to 5.93 million shares, or 3.42% of the company’s equity, through an offer for sale (OFS) to meet minimum public shareholding requirements.
Thermax: The company has invested ₹115 crore in First Energy Private Limited (FEPL), a wholly owned subsidiary, for the purpose of further investment in First Energy 10 Private Limited (FE10), a wholly owned subsidiary of FEPL. Allotment of equity shares in respect of the said investment has been completed today by FEPL and FE10, it said.
Samvardhana Motherson: The company shared an update regarding the acquisition of the remaining 25% stake of (a) SMR Plast Met Molds And Tools Turkey Kalip Imalat Anonim Şirketi and (b) SMR Plast Met Automotive Tec Turkey Plastik Imalat Anonim Şirketi by Motherson SAS Turkey Otomotiv Servis Ticaret Limited Sirketi (“MSAS Turkey”), a wholly owned indirect subsidiary of the company.

Upon receipt of necessary approval(s) and satisfaction of conditions precedent to the aforesaid transaction, MSAS Turkey has now completed the aforesaid acquisition on September 9, 2025, the company said.

Vikram Solar: The company released its financial results for the June quarter on Tuesday. As per reports, the company posted a robust set of numbers for the quarter under review. Profit after tax (PAT) jumped around 484% to ₹133.4 crore, while EBITDA surged 117.3% YoY to ₹242.2 crore.
Sterling & Wilson: Sterling and Wilson Renewable Energy Limited (SWREL) on Tuesday, September 9, announced that it received a letter of intent (LOI) for the development of a solar photovoltaic (PV) project in Rajasthan for ₹415 crore.

The ₹415 crore contract includes operations and maintenance (O&M) and taxes, the company said in a regulatory filing.

Kotak Mahindra Bank: Japan’s Sumitomo Mitsui is likely to sell its entire 1.65% stake in Kotak Mahindra Bank through block trades, CNBC-Awaaz reported on September 9, citing people familiar with the matter. The sale would involve 3.28 crore shares and is expected to raise roughly Rs 6,000 crore, the channel said.
With PTI inputs
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