Several companies are in focus on the back of key deals, contracts, and regulatory updates. Apollo Hospitals, Adani Power, and Dr. Reddy’s lead the pack with major developments, while RailTel, Engineers India, and Shakti Pumps have announced fresh order wins. GMR Airports’ traffic update and fundraising moves by Aditya Birla Capital and ASM Technologies also add to the action, while DCX Systems’ Tamil Nadu MoU further boosts sectoral momentum. Here are few stocks to watch ahead of Monday’s trading session.
1 / 10Apollo Hospitals | The healthcare giant will acquire IFC’s 31% stake in Apollo Health and Lifestyle Ltd for ₹1,254 crore, raising its holding to 99.42%, subject to CCI approval.
2 / 10GMR Airports | The firm reported a 3.5% year-on-year dip in passenger traffic for August at 93.49 lakh, with domestic traffic flat and international traffic up 2.8%. Aircraft movements rose 4.2%.
3 / 10RailTel Corporation | The company has secured a ₹209.79 crore order from the Bihar Education Project Council, adding to ₹396 crore of orders announced earlier in the week, taking total wins from the council above ₹600 crore.
4 / 10Dr Reddy’s Laboratories | The company received a Form 483 with five observations from the US FDA after a pre-approval inspection of its Bachupally biologics facility. The company said it will address the issues within the stipulated timeline.
5 / 10Adani Power | The company has signed a 25-year agreement with Bihar State Power Generation Company to supply 2,400 MW from a greenfield plant in Pirpainti, Bhagalpur. The project will generate up to 12,000 jobs during construction and 3,000 in operation.
6 / 10Aditya Birla Capital | The firm has raised ₹3,400 crore via allotment of 3.4 lakh secured NCDs in two tranches, with listings on BSE and NSE.
7 / 10DCX Systems Ltd | The company has signed a non-binding MoU with the Tamil Nadu government to set up a state-of-the-art manufacturing facility in Hosur, in partnership with Israel’s ELTA Systems and its group firms.
8 / 10ASM Technologies Ltd | The company has signed an MoU with the Tamil Nadu government to invest ₹250 crore in expanding its ESDM capabilities, including a new state-of-the-art design facility on 5 acres of land.
9 / 10Shakti Pumps | The company has bagged ₹374 crore order from MSEDCL to supply and install 34,720 off-grid solar water pumps under Magel Tyala Saur Krushi Pump Yojana / PM-KUSUM B.
10 / 10Engineers India Ltd | EIL has secured a ₹618 crore contract to provide PMC and EPCM services for a new fertiliser plant in Africa, slated for completion in 24 months.
