Stocks to Watch: The domestic stock market is expected to see a flat start with a negative bias on Friday, September 26. The GIFT NIFTY futures suggest that the NIFTY index will open 8 points lower.
Here is a list of stocks that may remain in focus today.
Bharat Forge: Shares of the company will be in focus as the US has imposed a 25% tariff on heavy-duty trucks. Bharat Forge is a major supplier of components to the North American Class 8 truck market, which includes heavy-duty trucks weighing over 33,000 pounds.
Vodafone Idea: Shares of the battered telecom firm will be in focus as the Supreme Court is slated to hear the Adjusted Gross Revenue (AGR) matter on Friday, September 26. The telco is seeking the quashing of the additional adjusted gross revenue (AGR) demands for the period until 2016-17.
Pharma stocks: Shares of pharmaceutical companies such as Sun Pharma, Lupin, Zydus Lifesciences, Biocon, Aurobindo Pharma, and Dr Reddy's, among others, are expected to hog the limelight on Friday, September 26, as US President Donald Trump has announced a 100% tariff on any branded or patented pharmaceutical product, unless a company is building their pharmaceutical manufacturing plant in America.
In his social media post on Truth Social, the US president announced that starting October 1, 2025, his administration would impose a 100% tariff on all branded or patented pharmaceutical products unless the manufacturer is actively building a production facility in the United States. He clarified that companies with plants “breaking ground” or already “under construction” would be exempt from the tariff.
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IT stocks: IT stocks will be in focus as Accenture, an IT services and consulting company with a significant workforce in India, on Thursday reported a 7% year-on-year (YoY) rise in revenue to $17.60 billion in the June-August 2025 quarter.
Accenture follows a September-August financial year.
The revenues reflect a foreign-exchange impact of about 2.5%, the company said in a statement.
The Indian IT sector takes cues from Accenture results, and hence the shares will be in the spotlight.
Waaree Energies: Shares will be in focus as, according to a news report by Bloomberg, the US is investigating whether Waaree Energies Ltd., India’s largest solar panel maker, evaded anti-dumping and countervailing duties on solar cells from China and other Southeast Asian nations.
Ceigall India: The company said that CIL–JSPPPL (JV) has received a Letter of Award dated September 24, 2025, from Greater Mohali Area Development Authority (GMADA) for the construction of the Internal Road of Pocket B, C & D of Aerotropolis S.A.S Nagar (Civil, Public Health and Elect. Works).
The cost of the project is ₹509.2 crore.
Exide Industries: The company said it has invested ₹80 crore by way of subscription in the equity share capital of its wholly owned subsidiary, "Exide Energy Solutions Limited" (hereinafter referred to as "EESL"), on a rights basis.
With this investment, the total investment made by the company in EESL stands at ₹3,882.23 crore. There is no change in the shareholding percentage of the company in EESL pursuant to such an acquisition.
BHEL, REC: The company said that its Board of Directors, in its meeting held on September 25, 2025, has noted that DIPAM has not agreed to the proposal for the formation of a joint venture between BHEL and REC Power Development and Consultancy Limited.
RITES: RITES has received a letter of award from Talis Logistics, South Africa, for “Supply and commissioning of overhauled in-service Cape Gauge ALCO diesel electric locomotives.” The broad consideration of the project is $18.00 million (CIF).
NTPC: NTPC Ltd on Thursday, September 25, declared commercial operation of its Rajasthan-based Nokh Solar Photovoltaic (PV) project.
This comes after the company successfully commissioned 167 MW out of 245 MW capacity at the plant’s plot-1, it said in a regulatory filing.
With this, NTPC’s total installed and commercial capacity on a standalone and group basis will become 60,705 MW and 83,863 MW, respectively.
V2 Retail: Value segment retailer V2 Retail, which earlier this week announced reaching the milestone of 250 stores, has aggressive expansion plans focusing on smaller cities, as it targets to open 200 stores every year.
As per its strategy, V2 Retail is looking at India’s emerging cities for expansion and is investing aggressively in Tier-II and Tier-III locations, according to a company statement.
"This aggressive strategy is projected to create nearly 7,000 direct employment opportunities in Tier-II and Tier-III cities, along with an additional 3,000 indirect jobs for local communities annually, reinforcing V2’s commitment to inclusive economic growth," the company said.
Polycab: Seven individuals, including promoters of Polycab India, on Thursday cumulatively divested a 1.55% stake in the electrical equipment maker for nearly Rs 1,740 crore through open market transactions.
JP Morgan, Morgan Stanley Asia Singapore, Societe Generale, HDFC Standard Life Insurance, Kotak Mahindra Life Insurance, Ghisallo Capital Management, Tata Mutual Fund, ASK Investment Managers, and Hong Kong-based hedge fund Viridian Asset Management were among the buyers of Polycab India's shares.
According to the block deal data available on the NSE, Ramesh Thakurdas Jaisinghani, Ajay Jaisinghani, Bharat Jaisinghani, Inder Thakurdas Jaisinghani, Nikhil Ramesh Jaisinghani and Girdhari Thakurdas Jaisinghani were the promoters and promoter group that pared their holdings in Mumbai-based Polycab India.
SJVN: State-owned SJVN is looking to invest ₹12,000 crore as capital expenditure on various projects in FY26 and generate 13,090 million units of electricity.
In a statement, the company said it achieved its highest-ever generation of 10,647 MU from all operational projects.
"For FY2025–26, SJVN has an MOU target of 13,090 MU generation and ₹12,000 crore capex," the company said.
During the first quarter of the current fiscal year, the company has reported energy generation of 3,681.60 MU, recorded revenue of ₹822.4 crore and profit after tax (PAT) of ₹258.51 crore.
TVS Motor Company: The company on Thursday announced the establishment of its Global Centre of Excellence (CoE) for Design and Engineering in Bologna, Italy, reinforcing its long-term vision to deliver premium, future-ready mobility solutions across international markets.
As part of this initiative, TVS Motor has agreed to acquire 100% ownership of Engines Engineering S.p.A., an Italian automotive design and engineering powerhouse known for advanced prototyping, innovation in high-performance motorcycles, and deep experience in MotoGP racing. The acquisition reflects TVS Motor’s commitment to strengthening its design and engineering base to accelerate the creation of nextgeneration mobility platforms.
Maruti Suzuki: Car market leader Maruti Suzuki India's retail sales since the start of Navratra, coinciding with the beginning of GST 2.0 regime, have touched 75,000 units and some variants of its smaller vehicles could be headed for waiting periods, a senior company official said on Thursday.
The company is now getting inquiries of almost 80,000 per day, nearly double of 40,000-45,000 per day it usually gets, while it is also clocking close to 18,000 bookings per day, Maruti Suzuki India Senior Executive Officer, Marketing & Sales Partho Banerjee told reporters in an interaction.
Jindal Stainless: The company on Thursday said it is in the process of investing ₹700 crore in decarbonisation initiatives and has reduced 3,18,248 metric tonnes of CO2 emissions in FY25.
The company is taking multiple steps to reduce carbon footprints, including Odisha's largest captive solar plant, Jindal Stainless Ltd (JSL) said in a statement.
"Over the next few years, JSL plans to invest ₹700 crore in its decarbonisation initiatives, including Odisha’s largest captive solar plant, energy efficiency upgrades, digitisation of our supply chain for greater transparency, and community development initiatives in education, healthcare, and skilling around our plants," it added.
In FY25, JSL achieved a 14% year-on-year reduction in CO2 emissions, avoiding approximately 3,18,248 metric tonnes (MT) of carbon footprint compared to FY24.
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