Stocks to Watch, September 9: HUDCO, Infosys, Godrej Consumer Products, Vedanta, Railtel, IRB Infra, Quality Power

_Here is a list of stocks that may remain in focus today. _

The company produces a wide range of products, including aluminium, zinc, value-added alloys, copper, steel, nickel and ferrochrome.

"The Board of Directors (“Board”) of Infosys Limited (“Company”) will consider a proposal for buyback of fully paid-up equity shares of the Company at its meeting to be held on September 11, 2025, in accordance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended," Infosys said in a regulatory filing dated Monday.

According to the block deal data available on the BSE, the three entities divested a total of 1.20 crore equity shares, representing a collective 3.87% stake in Prime Focus.

The microlender-turned-SFB also announced a slew of business plans, including expansion of the branch network to 1,150 from the present 752 and a nearly three-times growth in the loan book over the next five years.

"We will be raising ₹2,000 crore capital in 18-24 months through the qualified institutional placement (QIP) route," its Managing Director and Chief Executive Sanjeev Nautiyal told reporters.

Toll collection revenues stood at ₹503 crore in the same month last year, IRB said in an exchange filing.

Of its 17 tolls, IRB MP Expressway in Maharashtra contributed a significant share of ₹147.7 crore to the total revenue collection in August, up from ₹142.1 crore contribution in August 2024.

With ₹73.7 crore, IRB Golconda Expressway (Hyderabad ORR) was the second largest contributor to the revenues in August 2025, up from ₹68.7 crore last year.

With the GST Council reducing GST rates on ICE vehicles from 28% to 18%, there will be significant savings on the company's products, TVS Motor Co. said in a statement without divulging details.

Electric vehicles remain unaffected and continue to enjoy the concessional rate of 5% GST. The benefits will be available to customers starting September 22, 2025, it added.

The state-owned miner had already taken steps for a comprehensive feasibility study by consultants, officials told PTI.

The exercise will include a conceptual study of setting up data centres in India with a special focus on their viability within decommissioned CIL mines.

The company was planning brownfield expansion in Tamil Nadu, a greenfield project in Andhra Pradesh, and speciality black capacity augmentation, according to its 2030 vision document.

"Battery chemicals will be a key growth engine as we build an integrated ecosystem through nano silicon, acetylene black and super-conductive grades," the company informed investors.

In FY'25, PCBL's revenue stood at ₹8,404 crore with EBITDA of ₹1,384 crore.

FMCG companies, sitting on a pile of stocks with printed MRP under the current GST regime, are waiting for implementation guidelines from the government to deal with their inventory lying at their warehouses and shelves of retail stores across the country.

The non-binding MoU has been entered to establish a robust collaborative working partnership between HUDCO and NMRDA wherein HUDCO shall explore and provide funds up to ₹11,300 crore over a period of five years for land acquisition, housing, and development of infrastructure projects in the Nagpur Metropolitan Region. Further, HUDCO will also extend consultancy services and capacity-building activities to meet the emerging requirements of NMRDA.

Under the terms of the agreement, Strides will collaborate with Kenox on the development and filing of multiple nasal spray products for the US market across diverse therapeutic indications. Specific product details remain confidential at this stage.

In a regulatory filing, the company said, "A meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, September 09, 2025, inter alia, to consider and approve the standalone & consolidated unaudited financial result of the company for the quarter ended June 30, 2025."