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  1. Stocks to Watch, Sept 18: Cochin Shipyard, Dixon Tech, Royal Orchid Hotels, Titagarh Rail, Waaree Energies, Indosolar, Biocon

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Stocks to Watch, Sept 18: Cochin Shipyard, Dixon Tech, Royal Orchid Hotels, Titagarh Rail, Waaree Energies, Indosolar, Biocon

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6 min read | Updated on September 18, 2025, 08:31 IST

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SUMMARY

Stocks to Watch: Cochin Shipyard Limited (CSL) on September 17 signed a contract with the Oil and Natural Gas Corporation Limited (ONGC) for dry dock/major lay-up repairs of one of its jack-up rigs. The estimated contract value is around ₹200 crore, and the estimated duration for the project is around 12 months.

shares in news, Sept 18, 2025

The GIFT NIFTY futures suggest that the NIFTY50 index will open 96 points higher. | Image: Shutterstock

Stocks to Watch: The domestic equity market is expected to open in the green on Thursday, September 18. The GIFT NIFTY futures suggest that the NIFTY50 index will open 96 points higher.
Here is a list of stocks that may remain in focus today.
Escorts Kubota: The company, in its press release, said it has introduced ‘PRO588i-G’, a new combine harvester in Punjab and Haryana. The new harvester, the company said, cuts the crop’s stalk near its base (unlike conventional full-feed harvesters), reaping the full length of straw which can be collected and reused – the long straw becoming a potential source of additional income, having utility as cattle feed and in biomass plants.

This is Kubota’s new technology in India; it provides a profitable alternative to stubble burning for the farmers and can thereby help reduce air pollution in North India, it added.

Gujarat Fluorochemicals: Shares will be in focus as Devansh Trademart LLP, one of the promoters, on Wednesday divested a 1.18% stake in the company for ₹460 crore through an open market transaction.

According to the bulk deal data available on the National Stock Exchange (NSE), Devansh Trademart LLP offloaded 13 lakh equity shares, representing a 1.18% stake in industrial refrigerant manufacturer Gujarat Fluorochemicals.

The transaction was valued around ₹460.11 crore and was executed at a price of ₹3,539.30 apiece.

After the stake sale, Devansh Trademart's holding in Gujarat Fluorochemicals has come down to 3.66% from 4.84%. Also, the combined holding of promoters has declined to 61.4% from 62.58%, PTI reported.

Dixon Technologies: The company has entered into a binding term sheet with Kunshan Q Tech Microelectronics and its shareholders for the proposed acquisition of an aggregate of 51% shareholding in the company.
Royal Orchid Hotels: The company announced the soft launch of its latest brand, Iconiqa. With this launch, the Group continues to strengthen its portfolio by introducing a new-age offering that blends contemporary design, comfort, and personalised service.

Iconiqa is envisioned as a lifestyle-driven hospitality experience that caters to modern travellers seeking stylish spaces, vibrant dining options, and intuitive service. The brand is designed to resonate with today’s generation of explorers and business professionals who value both functionality and aesthetics.

Titagarh Rail Systems: Shares of Titagarh Rail Systems are expected to be in focus on Thursday, September 18, as the rolling stock and engineering solutions provider on Wednesday stated that it has handed over the first indigenously built Diving Support Craft (DSC), DSC A20, to the Indian Navy.

This vessel is the first in a series of five DSCs being constructed by TRSL under the Ministry of Defence’s Make in India initiative. The handover ceremony took place in the presence of Commodore Aravind Chari, CSO (Tech), Southern Naval Command, who attended as the Chief Guest, the press release said.

Cochin Shipyard: Cochin Shipyard Limited (CSL) on September 17 signed a contract with the Oil and Natural Gas Corporation Limited (ONGC) for dry dock/major lay-up repairs of one of its jack-up rigs. The estimated contract value is around ₹200 crore, and the estimated duration for the project is around 12 months.
Apollo Tyres: Apollo Tyres on Wednesday said it will reduce product prices ranging between ₹300 and ₹2,000 to pass on the GST rate cut benefit to customers, effective from September 22.

The passenger vehicle tyres will see a price reduction between ₹300 and ₹1,500, while the prices for truck/bus radial tyres will decline by around ₹2,000.

The GST Council has reduced the Goods and Services Tax (GST) on new pneumatic tyres from 28% to 18%, and on tractor tyres and tubes from the previous rate to 5%. In line with this policy change, Apollo Tyres will pass on the full benefit of the reduced tax rates directly to its customers, it said in a statement.

TVS Motor: The company, together with its distributor Car & General, has launched the TVS King Deluxe Plus CNG 3-wheeler in Tanzania. This new CNG 3-wheeler is designed to address the dynamic requirements of urban and semi-urban mobility, it added.
LTIMindtree: The IT services company announced a partnership with Shopify, an AI-powered commerce platform for enterprises that empowers businesses to launch, manage, and grow their online stores.

Leveraging the Shopify platform, LTIMindtree will set up an AI-enabled Centre of Excellence (CoE) for Digital Commerce that will help global enterprises to transform at the speed of AI and innovate at scale, it added.

Indosolar: The company informed stock exchanges about the offer for sale undertaken by the promoter of the company, Waaree Energies Limited.

Waaree Energies proposes to sell up to sixty-one lakh equity shares of face value ₹10 each (representing 14.66% of the total paid-up equity share capital of the company) on September 18, 2025 ("T-day") (for non-retail investors only) and on September 19, 2025 ("T+1 Day") (for retail investors), through an exchange mechanism.

The offer shall take place on a separate window of the Stock Exchanges on September 18, 2025 ("T" day) and September 19, 2025 ("T+1" day), from 9:15 a.m. to 3:30 p.m. (Indian Standard Time) on both days.

The price for the offer shall be at ₹500 apiece.

Vikram Solar: The company, in its regulatory filing, said that the shares translating to 30% of pre-IPO paid-up share capital were pledged by Vikram Capital Management Pvt Ltd, Gyanesh Chaudhary, Gyanesh Chaudhary Family Trust, Anil Chaudhary and Vikram India Limited, being the promoter/promoter group of the company, in favour of Indbank Merchant Banking Services Limited on behalf of working capital lenders.

This was done as per the working capital facility agreement signed on June 2, 2025, for total working capital facilities of the company amounting to ₹26,000 million (₹2,600 crore).

Biocon: The pharma company announced that the U.S. Food and Drug Administration (FDA) has approved Bosaya™ (denosumab-kyqq) 60 mg/mL injection for subcutaneous use in a single-dose prefilled syringe (PFS) and Aukelso™ (denosumab-kyqq) 120 mg/1.7 mL (70 mg/mL) injection for subcutaneous use in a single-dose vial, biosimilars of Prolia® and Xgeva®, respectively.

In addition, the U.S. FDA granted provisional interchangeability designation for both BOSAYA and AUKELSO.

Central Bank: The lender's board has approved the proposal to infuse equity capital of ₹64.40 crore in the proposed rights issue amounting to ₹100.00 crore of the subsidiary company of the bank, i.e., Cent Home Bank Finance Ltd, subject to necessary approvals.
With inputs from PTI
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