Stocks to Watch, September 2: Puravankara, BEL, United Breweries, Coal India, NTPC, sugar stocks, CEAT, Axiscades

Ethanol Supply Year (ESY) runs from November to October.

"Sugar mills and distilleries are allowed to produce ethanol from sugarcane juice/sugar syrup, B-heavy molasses as well as C-heavy molasses during ESY 2025-26 without any restrictions," the food ministry said in a notification.

The integration allows taxpayers to pay GST through UPI, credit cards, debit cards, and internet banking and also provides easy access to downloadable challans, the bank said in a statement.

This enhances the convenience and accessibility for all taxpayers across the country through a wide range of digital channels, it added.

This initiative gives a fillip to QNu's commitment to pursuing quantum safety and strengthening India's digital sovereignty through indigenous innovation, HDFC Bank said in a statement.

Incubated at IIT Madras Research Park in 2016, QNu Labs is revolutionising cybersecurity with quantum-safe solutions, it said.

In a regulatory filing on Monday, the company informed that its subsidiary Purva Blue Agate Private Limited has received a Letter of Award for the redevelopment of the society belonging to Samrat Ashok Co-operative Housing Society Ltd.

This 1.43-acre project offers a development potential of 7 lakh square feet, providing new, premium homes for existing residents while also creating a substantial portion for sale.

In a filing, the company said both NSE and BSE have imposed a fine of ₹6,73,780 each for non-compliance with norms.

The notices are for "non-compliance with the requirements pertaining to the composition of the Board, Audit Nomination Committee, and Remuneration Committee, respectively, due to the absence of the requisite number of Independent Directors on the Board of the Company".

SJVN said there is no impact on financial, operational or other activities of the listed entity, quantifiable in monetary terms to the extent possible.

Singh, who is the Director (Projects) of NHPC Ltd, replaces Rajendra Prasad Goyal, who was also holding the post as an additional charge.

In an exchange filing, NHPC said, "Rajendra Prasad Goyal ceases to be Chairman & Managing Director and Director (Finance) as well as Chief Financial Officer (CFO) of the Company upon attaining the age of superannuation with effect from 31.08.2025.

The company had entered into a definitive agreement with Michelin in December last year to acquire the business.

"The integration of the compact construction equipment business and the acquisition of the CAMSO brand is a pivotal step in advancing Ceat’s long-term vision of becoming a significant player in off-highway mobility," Ceat MD & CEO Arnab Banerjee said in a regulatory filing.

Subsidiary Mistral Solutions has secured a significant new order from Combat Aircraft Systems Development & Integration Centre (CASDIC), DRDO, Ministry of Defence, Axiscades said in an exchange filing.

The order is for the development of 10 Electronic Control Units for the cooling system for the Su-30 MKI (fighter aircraft) upgrade.

It was awarded for prototype development and will be followed by a forecast production order for an estimated 600 electronic control units, with a value of Rs 150 crore over a period of five years.

The company witnessed a decline in production even as the government aimed to raise the output to reduce the import dependence.

Coal India Ltd (CIL) accounts for over 80% of domestic coal output.

The company's coal output was 290.4 MT in the April-August period of the previous fiscal year.

The company, which is expanding its presence in Eastern India, will invest in a new cement grinding capacity through a new mill at the Arasmeta Cement Plant in Chhattisgarh, according to a statement from Nuvoco Vistas Corp.

This will be complemented by a series of debottlenecking projects at the Jojobera, Panagarh, and Odisha Cement Plants, it added.

"Including a new mill, the company plans to add 4 MMTPA of grinding capacity through equipment upgrades, process improvements, and internal debottlenecking initiatives by the end of FY'27," it said.

With the operationalisation of this plant, AGEL’s total operational renewable generation capacity has increased to 15,990.5 MW.

"Adani Renewable Energy Fifty Six Limited, a subsidiary of the company, has operationalised an incremental solar power project of 125 MW at Khavda, Gujarat," AGEL said in an exchange filing.

The units were shipped from Gujarat's Pipavav Port to 12 European countries – the UK, Germany, Norway, France, Denmark, Switzerland, the Netherlands, Sweden, Hungary, Iceland, Austria, and Belgium.

On August 26, Prime Minister Narendra Modi flagged off the first e-VITARA from the Gujarat facility.

The battery electric model is exclusively manufactured at Maruti Suzuki’s Hansalpur manufacturing facility.

Earlier, the Appointments Committee of the Cabinet had approved his reappointment as NTPC CMD on a contract basis for one year beyond the date of his superannuation, which was July 31, 2025.

Gurdeep Singh will now continue to lead India's largest power producer, NTPC, until July 31, 2026.

Zinka Logistics is the official name of the company that operates the BlackBuck platform, a digital platform for truck operators in India.

US-based Goldman Sachs Asset Management oversees approximately $2.9 trillion in assets under supervision worldwide as of March 31, 2025.