STOCKS IN FOCUS (08th Sep 2026)

STOCKS IN NEWS

• Defence Stocks: The government has given an initial approval for the proposed procurement of around ₹1.1 trillion worth of military equipment for the three armed forces, including radars and helicopters. Around 98% of the procurement is expected to be sourced from Indian industry.
• Siemens Energy India: The company successfully commissioned its first sulfur hexafluoride-free 145 kV circuit breaker in Goa, marking the deployment of its Blue high-voltage technology in India.
• PVR INOX: The multiplex operator said its preliminary investigation into alleged ₹200 crore kickbacks found no evidence of bribery. The company also clarified that it had not asked its CEO to step down.
• Swiggy: The company launched a dedicated helpline and a ‘Food Safety’ channel within its in-app Help section, enabling customers to report food safety-related concerns. Separately, Udaan acquired Swiggy’s wholly owned subsidiary LYNK Logistics Ltd for ₹500 crore.
• Jindal Stainless: The company entered into an agreement with Japan’s JFE Steel Corporation to strengthen its manufacturing capabilities for selected ferritic stainless steel grades.
• Novartis India: The company acquired the Minipress and Minipres trademarks in India, along with certain related intellectual property rights, from Pfizer Inc and Pfizer Products Inc for ₹1,250 crore, expanding its cardiovascular portfolio.
• Shiprocket: The Temasek-backed logistics company reported a narrower Q1 loss, supported by growth in its core shipping business. Consolidated loss stood at ₹137.1 million, compared with ₹180.3 million a year ago. This was the company’s first quarterly earnings report since its August IPO.
• Adani Power: The company improved its ESG performance score to 66, compared with 65 in FY26, as assessed by NSE Sustainability.
• NALCO: National Aluminium Company entered into a technology partnership with UAE-based Emirates Global Aluminium (EGA) to support the expansion of its aluminium smelter.
• Neuland Laboratories: The Board approved a ₹126 crore capex for the purchase of approximately 134 acres of land at Kakinada, Andhra Pradesh.
• GE Vernova T&D: The company emerged as the L1 bidder for the design and establishment of a 6,000 MW ±800 kV HVDC LCC terminal station comprising two 3,000 MW terminals, for renewable power evacuation from Barmer II to South Kalamb.

BULK DEALS

• Edelweiss Financial Services: Promoter Venkatchalam Arakoni Ramaswamy sold 50 lakh shares, representing a 0.52% stake, for ₹65.41 crore at ₹130.83 per share.
• HEG: HDFC Mutual Fund acquired 9.93 lakh shares, representing a 0.51% stake, for ₹26.44 crore at ₹266.21 per share.
• GMM Pfaudler: Persistence Capital Fund I acquired 2.4 lakh shares, representing a 0.53% stake, for ₹29.67 crore at ₹1,236.11 per share.
• Kopran: Promoter-group entity United Shippers sold 5 lakh shares at ₹234.66 per share and another 7 lakh shares at ₹234.30 per share.
• RPP Infra Projects: Promoter-group member Yagavi N A sold 8.31 lakh shares, representing a 1.67% stake, for ₹4.44 crore at ₹53.52 per share.

Source: Moneycontrol, Business Standard

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