Several Indian companies made notable announcements on Tuesday. Sterling & Wilson Renewable Energy won a ₹415 crore solar EPC order in Rajasthan, while HEG Ltd completed the acquisition of Statkraft’s 49% stake in Malana Power, strengthening its clean energy presence. Vodafone Idea approached the Supreme Court over AGR dues, and Sun Pharma’s Halol plant remains under FDA import alert. Bajaj Auto announced passing on the GST cut to customers, Bikaji Foods clarified its role in the Rajasthan Premier League probe, Blue Jet Healthcare will hold an OFS to meet public shareholding norms, Samvardhana Motherson gained full control of its Turkish subsidiaries, and Thermax infused ₹115 crore into its energy subsidiaries. Here are a few stocks to keep an eye on tomorrow.
Sterling & Wilson Renewable Energy Ltd (SWREL) | The company has won a ₹415 crore order from a leading private independent power producer for a 300 MW solar project in Rajasthan. The contract includes a balance-of-system EPC package and development of a 220/33 kV pooling substation.
Vodafone Idea Ltd | The telecom operator has approached the Supreme Court, challenging the calculation of additional AGR dues and is seeking a reassessment of its liabilities. The move comes even as the government has ruled out further relief, having already converted ₹53,000 crore of dues into equity in 2021 for a 49% stake.
Bajaj car | The automotive firm will fully pass on the GST cut to customers, offering up to ₹20,000 off on two-wheelers and KTM bikes, and ₹24,000 on three-wheelers, effective September 22, 2025.
Sun Pharma | US FDA has classified Sun Pharma’s Halol plant as “Official Action Indicated” (OAI), keeping the facility under import alert with continued shipment restrictions.
HEG Ltd | HEG, a premier company of the LNJ Bhilwara Group, highlighted its parent conglomerate’s milestone as the group completed the acquisition of Statkraft’s 49% minority stake in Malana Power Company Ltd. With the deal, Bhilwara Energy Ltd becomes the sole owner of the hydropower assets, marking a significant step in LNJ Bhilwara’s clean energy journey and strengthening its foothold in India’s power sector.
Bikaji Foods International Ltd | The snacks and sweets manufacturer said its MD has been summoned by the ED in the Rajasthan Premier League probe, clarifying that its involvement was limited to sponsorship.
Blue Jet Healthcare | The pharma company said promoter Akshay Bansarilal Arora will sell up to 3.42% stake via an OFS on Sept 10–11 to meet public shareholding norms. An oversubscription option could raise the offer size to 6.83%, with a floor price set at ₹675 per share.
Samvardhana Motherson International | The company has acquired the remaining 25% stake in two Turkish subsidiaries, taking full ownership as part of its global expansion strategy.
Thermax | The company said it has infused ₹115 crore into subsidiary First Energy to fund investments in step-down unit FE10.

