Torrent Pharma, Eicher Motors, Jupiter Wagons, and Tega Industries, which announced strategic acquisitions, GST benefit transfers, and key order wins. Financial names like Five-Star Business Finance, Keystone Realtors, Muthoot Finance, 63 Moons Technologies, and Bank of Baroda also made headlines with fundraising plans, capital infusion, or lending rate revisions. Meanwhile, RVNL bagged a ₹169 crore railway project in Bhopal division. Here are few stocks to watch ahead of Thursday’s trading session.
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1 / 11Torrent Pharma | The pharma company said it will acquire a 26% stake in Torrent Urja 27 Pvt Ltd, an SPV for a captive hybrid power project in Gujarat, for ₹7.92 crore.
2 / 11Eicher Motors | The company’s arm VECV will pass on full GST cut benefits to customers from Sept 22, reducing GST on diesel, CNG, and LNG vehicles to 18%, while EVs remain at 5%.
3 / 11Tata Motors | Tata Motors-owned Jaguar Land Rover said that “some data” was impacted in the recent cybersecurity incident that disrupted its production and sales. The firm is working with authorities and will notify individuals if their data is found to be affected.
4 / 11Jupiter Wagons | The company’s subsidiary wins ₹113 crore Railway Board order to supply 9,000 FIAT axles for LHB coaches, adding to last month’s ₹215 crore Vande Bharat wheelset contract.
5 / 11Five-Star Business Finance | The company has received shareholder nod to raise up to ₹4,000 crore via NCDs on a private placement basis.
6 / 11Keystone Realtors Ltd | The company will raise up to ₹375 crore via private placement of fully paid-up, secured, redeemable non-convertible debentures, as part of its growth and redevelopment push.
7 / 11Tega Industries | The company, in partnership with Apollo Funds, will acquire global mining consumables major Molycop for about $1.5 billion through a cash deal, with completion targeted by December 31, 2025.
8 / 11Bank of Baroda | The bank has cut its overnight MCLR by 10 bps to 7.85% and three-month MCLR by 15 bps to 8.20%, effective Sept 12, while keeping the key one-year rate steady at 8.80%.
9 / 11Rail Vikas Nigam Ltd | RVNL has emerged as the lowest bidder for a ₹169.49 crore West Central Railway project to set up traction substations and SCADA integration in the Bhopal division.
10 / 11Muthoot Finance | The firm has infused ₹200 crore equity into its wholly-owned arm Muthoot Homefin, allotting 2.67 crore shares at ₹9 premium per share to boost the capital base and support business growth.
11 / 1163 Moons Technologies | The company’s subsidiary 63SATS Cybertech has raised ₹180 crore via private placement of 18 crore equity shares at ₹10 each (₹1 face value + ₹9 premium).
