Stocks to Watch – 25 September 2025

Corporate Announcements

Glenmark Pharma: Arm Glenmark Specialty signs exclusive licensing pact with Hengrui Pharma for Trastuzumab Rezetecan (SHR-A1811), a HER2-targeting antibody drug conjugate.

Newgen Software: Subsidiary signs a five-year Master Service Agreement with TCS N.V. worth €4.22 mn (~₹44 crore…[Read more]

Corporate Updates & Launches

Lemon Tree Hotels: Launches 44-room property in Andhra Pradesh; also signs new properties in Varanasi and Rewa.

Swiggy: Board approves transfer of quick commerce operations to Swiggy Instamart; divests Rapido holdings in two transactions worth a combined Rs 2,399 crore.

Infosys: Extends strategic collaboration with…[Read more]

Beat the Street Bulletin

ORDER WINS

HCC: Secures ₹2,566 crore Patna Metro contracts for underground tunnels and stations.

Dilip Buildcon: Wins ₹1,115 crore Kerala Industrial Corridor project via DBL-PSP JV.

Sahana Systems: Subsidiary Softvan secures ₹16.42 crore RailTel AI-powered solutions order.

ACQUISITION

Indian Hotel: Acquires ₹100.…[Read more]

Spotlight: India’s Transmission Titans

Top 11 companies together hold a ₹1.46 lakh crore order book — driving power infrastructure growth.

Hitachi Energy India – ₹29,135 Cr
• Market leader in high-voltage transmission & smart grids.
• Strong global tech backing, EPC execution, renewable integration focus.

Kalpataru Projects – ₹26,725 Cr
• Le…[Read more]

Market Outlook – September 2025

Economy & Earnings
• Despite GST cuts and festive demand, the economy faces a white-collar employment crisis.
• Just 40 million high earners support 200+ million dependents, straining consumption.
• US tariffs (50%) continue to weigh on exports; tax cuts offset only ~50% of this damage.
• Nifty earnings, which dip…[Read more]

Corporate Highlights | 22 September 2025

• Swan Defence & Heavy Industries: Signed MoU with Gujarat Maritime Board for a ₹4,250 Cr investment to expand Pipavav shipyard facilities (slipway, jetties, cranes, dredging).

• Shipping Corporation of India (SCI): Partnered with BPCL, HPCL, IOCL to jointly acquire, own, and operate vessels for inter…[Read more]

Stocks to Watch

Positive Developments

• Vedanta – Declared preferred bidder for Punnam Manganese block in Andhra Pradesh (152-hectare G4 exploration). Adds to mineral security and upstream diversification.

• John Cockerill India – Wins major Tata Steel contract for push-pull pickling line & acid regeneration plant at Jamshedpur. Boosts credent…[Read more]

VRIGHT Exchange | Daily Corporate Action & Market Report

Market View

• GIFT Nifty (Sept 18, 8:10 am IST): +84 at 25,498.

• Nifty Trend: Bullish, supported by Fed’s 25 bps rate cut and expectations of two more cuts in 2025.

• Upside Levels: 25,500 / 25,670; Aggressive 25,900–26,250.

• Bank Nifty (55,493): Buy at CMP; targets 55,700 / 56,100;…[Read more]

Corporate & Stock Updates

Block Deal Alert – Gujarat Fluorochemicals

• Promoter entity Devansh Trademart LLP sold up to 13 lakh shares at ₹3,500/share (5.3% discount to last close of ₹3,695.70).

• Deal size: ~₹420 crore (~$51.7 mn).

• Promoter holding: 63.58% (pre-trade). Lock-up: 60 days.

Investor View: Neutral to mildly negative in n…[Read more]

VRIGHT Exchange — Stocks to Watch

Date: Monday, 15 September 2025

Healthcare & Pharma

• Apollo Hospitals will acquire IFC’s 31% stake in Apollo Health & Lifestyle Ltd for ₹1,254 crore, raising its holding to 99.42% (CCI nod awaited).

Deepens control over a high-growth subsidiary and expands retail healthcare play.

• Dr Reddy’s Laboratorie…[Read more]

Fund Houses – Latest Recommendations

Bajaj Finance (Jefferies): Maintain Buy, Target Price ₹1,100/share — Positive

TRENT (HSBC): Maintain Buy, Target Price ₹6,500/share — Positive

Cohance (Jefferies): Initiate Buy, Target Price ₹1,150/share — Positive

Divi’s Laboratories (Jefferies): Upgrade to Buy, Target Price ₹7,150/share — Positive

Sai L…[Read more]