Stocks to Watch

IRB InvIT Fund
The infrastructure investment trust launched its Qualified Institutions Placement (QIP) on October 8 with a floor price of ₹62.69 per unit. According to market sources, the QIP size is expected to be around ₹3,000 crore, with an additional upsize option of ₹250 crore.

GR Infraprojects
The company has received a Letter of Acceptance (LoA) from the Jharkhand Highway Authority for a road construction project worth ₹290.23 crore. The EPC project involves the construction of the Giridih Bypass (towards Tundi) road.

Garuda Construction and Engineering
The company has secured orders worth ₹143.96 crore from Orbit Ventures Developers for civil works on the Shikhar-B redevelopment project in Oshiwara, Mumbai. As of October 8, the company’s total order book stands at ₹3,229.78 crore.

Lupin
The pharmaceutical major plans to set up a new manufacturing facility in Coral Springs, Florida, USA, with a total projected investment of $250 million over five years. The facility will include R&D, infrastructure, and capital expenditure components, and will have capacity to produce over 25 critical respiratory medicines.

Escorts Kubota
The company plans to invest up to ₹2,000 crore by 2031 in its existing manufacturing and R&D facilities in Haryana, focusing on expanding its agriculture and construction equipment business.

EPL
The Board has appointed Hemant Bakshi as Chief Executive Officer (Designate), effective October 13, 2025, and as Additional Director from January 1, 2026. He will assume the role of Managing Director &

Global CEO effective the same date.
Anand Kripalu will retire as Managing Director & Global CEO effective December 31, 2025, and will continue as Executive Director until March 31, 2026.

Coal India & IRCON International
Coal India has signed a non-binding Memorandum of Understanding (MoU) with IRCON International to jointly develop rail infrastructure projects.

Oswal Agro Mills
Narinder Kumar has resigned from the position of Whole-Time Director and Chief Executive Officer due to personal reasons, effective October 8.