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  1. Stocks to Watch, September 19: John Cockerill India, Adani Group stocks, HUL, Emami, P&G, Texmaco Rail, JSW Energy, MobiKwik, Vedanta

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Stocks to Watch, September 19: John Cockerill India, Adani Group stocks, HUL, Emami, P&G, Texmaco Rail, JSW Energy, MobiKwik, Vedanta

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6 min read | Updated on September 19, 2025, 08:41 IST

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SUMMARY

Stocks to Watch: Shares of Adani Group, such as Adani Enterprises, Adani Power, and Adani Green Energy, among others, are expected to hog the limelight on Friday, September 19. This is because capital markets regulator SEBI on Thursday cleared billionaire Gautam Adani and his group of stock manipulation allegations made by US short-seller Hindenburg Research.

Stocks to watch, Sept 19

The GIFT NIFTY futures suggest that the NIFTY50 index will open 41 points lower. | Image: Shutterstock

Stocks to Watch: The domestic stock market will likely open in the red on Friday, September 19. The GIFT NIFTY futures suggest that the NIFTY50 index will open 41 points lower.
Here is a list of stocks that may remain in focus today.
FMCG stocks: Shares of fast-moving consumer goods (FMCG) companies are expected to be in focus on Friday, September 19, as these firms have announced a price cut on their products, including soaps, shampoo, baby diapers, toothpaste, razors, and after-shave lotions, effective from September 22, to extend the GST rate cut benefits to consumers.
Firms such as Procter & Gamble (P&G), Emami and HUL have come up with new price lists which have been communicated to their respective distributors and consumers through their respective websites.
Adani Group stocks: Shares of Adani Group, such as Adani Enterprises, Adani Power, and Adani Green Energy, among others, are expected to hog the limelight on Friday, September 19. This is because capital markets regulator SEBI on Thursday cleared billionaire Gautam Adani and his group of stock manipulation allegations made by US short-seller Hindenburg Research.

SEBI said it found no evidence that the conglomerate used related parties to route funds into its listed companies.

The Securities and Exchange Board of India (SEBI), in two separate detailed orders, said the allegations of insider trading, market manipulation, and violations of public shareholding norms were found to be unsubstantiated after a detailed investigation.

Texmaco Rail: Texmaco Rail & Engineering secured an order worth ₹86.85 crore on Thursday, September 18, from UltraTech Cement for BCFC waggons along with a brake van.

The order is expected to be delivered by March 2026.

Reliance Industries: Mukesh Ambani-helmed conglomerate Reliance Industries Ltd (RIL) on Thursday, September 18, said that two of its UAE-headquartered wholly owned subsidiaries completed their amalgamation.

In an exchange filing, the firm informed that Reliance Exploration & Production DMCC has been amalgamated with Reliance Industries (Middle East) DMCC, with effect from September 16.

Furthermore, RIL received the certificate of amalgamation at 5:20 pm IST on September 17.

John Cockerill India: Shares will be in focus as the company on Thursday said that Tata Steel has entrusted John Cockerill India Limited with a prestigious contract for the engineering, design, manufacture, and supply of a state-of-the-art Push-Pull Pickling Line and Spray Roaster-Acid Regeneration Plant (ARP) at its Jamshedpur (Tinplate Division), Jharkhand facility.

The contract also includes supervision of erection and commissioning to achieve full contractual performance guarantees.

JSW Energy: JSW Neo Energy Limited (JSWNEL), a wholly-owned subsidiary of the company, has signed a definitive agreement with Statkraft IH Holding AS to acquire 100% equity shares of Tidong Power Generation Private Limited (TPGPL), which has a 150 MW under-construction hydropower project.

The transaction is subject to receipt of the necessary regulatory approvals and other customary conditions under the definitive agreement. Upon consummation of the transaction, TPGPL will become a subsidiary of JSWNEL and a step-down subsidiary of the company.

Indian Hotels: The company issued a clarification on news reports that Taj may exit NYC's Pierre in a $2bn deal. "With respect to the above-mentioned article, we would like to clarify that The Indian Hotels Company Limited (IHCL) does not own The Pierre, New York. It has leasehold rights for the hotels, and operations continue as usual. Recent media reports stating otherwise are misleading and speculative," it added.
Cohance Lifesciences: Private equity firm Advent International on Thursday divested an 8.92% stake in Cohance Lifesciences for ₹3,094 crore through an open market transaction.

US-based Advent International, through its arm Jusmiral Holdings, which is also the promoter of Cohance Lifesciences, offloaded 3,41,48,000 shares representing an 8.92% stake in the company, as per the bulk deal data available on the NSE.

The shares were disposed of at an average price of ₹906 apiece, taking the deal value to ₹3,093.81 crore.

Hyderabad-based Cohance Lifesciences is engaged in a contract development and manufacturing organisation.

After the stake sale, Jusmiral Holdings' equity stake in Cohance Lifesciences has come down to 24.16% from 33.08%.

One MobiKwik Systems: Fintech firm One MobiKwik Systems on Thursday confirmed that a technical glitch had led to unauthorised payments in and around one district of Haryana last week, and said remedial measures had been taken with financial impact contained and quantified.

The company, in a statement, clarified that the incident did not affect UPI, wallet payments, or user account balances.

"MobiKwik confirms that an isolated technical issue on September 11-12, 2025, led to certain failed transactions being incorrectly marked as successful, resulting in unauthorised payouts to some merchants in and around the Nuh district of Haryana. A few merchants and users from this area exploited this issue to gain undue financial benefit.

Godfrey Phillips India: Shares will be in focus amid news reports that Samir Modi, the executive director of Godfrey Phillips India, has been arrested.
Hind Rectifiers: The company said that the proposal for acquisition of the running business (including assets and intellectual property but excluding present and contingent liabilities) of BeLink Solutions, France, has been approved by the Tribunal des Activités Économiques of Le Mans, vide judgement dated September 17, 2025. Hind Rectifiers Limited has emerged as the successful bidder.

BeLink Solutions, France, is not a related party of Hind Rectifiers Limited.

The acquisition shall be undertaken through a subsidiary structure in France. The total consideration involved in the transaction amounts to 1 million euros.

Vedanta: The company has been declared a preferred bidder of the Punnam Manganese Block under the e-auction for the block conducted by the Department of Mines & Geology, Government of Andhra Pradesh.
Waaree Energies: Shares will be in focus as Waaree Power Private Limited, a wholly owned subsidiary of Waaree Energies Limited (“the Company”) to subscribe 76% of the share capital of Racemosa Energy (India) Private Limited subject to execution of definitive agreements, customary closing conditions and regulatory approvals. Racemosa Energy (India) Private Limited established in 2018, is in the business of manufacturing smart meters.
With inputs from PTI
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