Stocks in Radar – 9 Oct 2025

Positive Developments

HFCL – Secures export orders worth ₹303.35 crore for optical fiber cables via its overseas subsidiary.

Garuda Construction – Bags civil work order worth ₹144 crore for a redevelopment project in Mumbai.

Asahi India Glass – CRISIL upgrades rating on the company’s bank facilities.

Emcure Pharma – Reports 18% revenue growth, 56% debt reduction, and strengthens portfolio with Zuventus acquisition.

G R Infraprojects – Receives ₹290 crore order from Jharkhand Highway Authority for Giridih Bypass project.

Artson Engineering – Signs MoU with Fiber Strength AS to jointly develop container manufacturing using engineered bamboo technology.

Solar Industries – Wins new order worth ₹483 crore.

Aditya Birla Capital – Accelerates AI-first strategy with enterprise-wide innovations.

Coal India & IRCON International – Sign MoU to develop rail infrastructure for Coal India and its subsidiaries.

Panorama Studios International – Signs agreement with Vintage Creative Media for global distribution rights of Marathi film “Yakshini.”

Bhageria Industries – Launches new plasticizers and ethoxylates products for domestic and export markets.

Indegene – Acquires US-based BioPharm for $104 million plus $2 million for excess cash, expanding its global omnichannel marketing footprint.

Bondada Engineering – Successfully commissions 78.3 MW of solar projects across Tamil Nadu and Maharashtra for NLC, Paradigm IT, and Mahagenco.

Garden Reach Shipbuilders – Signs MoU with Centum Electronics for technology collaboration.

Pace Digitek – Secures ₹185.87 crore O&M contract from Tata Teleservices.

PVR INOX – Launches India’s first luxury dine-in cinema at M5 Ecity Mall, Bengaluru.

Crompton Greaves – Wins ₹51.6 crore solar rooftop order from a Telangana government body.

Zaggle – Partners with GlobalPay to launch co-branded forex card for corporate clients.

RBL Bank – Societe Generale buys 33.22 lakh shares at ₹284 per share via bulk deal.

Hyundai Motor India – Gets relief from ITAT on miscellaneous petition, resulting in potential tax refund.

IIFL Finance – Appoints Girish Kousgi as MD & CEO of IIFL Home Finance (subsidiary), effective Oct 30, 2025, for a 5-year term.

Ultramarine & Pigments – ICRA reaffirms long-term credit rating at [ICRA]A+ with stable outlook.

Lupin – Announces $250 million investment to set up a new manufacturing facility in Florida.

IndiGo – Launches direct Mumbai–Copenhagen flights, marking entry into the Scandinavian market.

SML Isuzu – Approves change of company name to SML Mahindra.

Sun Pharma – Approves scheme of arrangement to amalgamate five subsidiary arms.

Neutral / Monitoring

Kirloskar Electric – Extends validity of property sale agreement (31 acres, Hubli) by 24 months.

Wagend Infra Venture – Company Secretary & Compliance Officer, Mrs. Prachi Jain, resigns.

Abbott India – Appoints Tushar Singh as Plant Director – Goa, effective Nov 1, 2025.

Oswal Agro Mills – Narinder Kumar resigns as Whole-Time Director & CEO, effective Oct 8, 2025.

Prajay Engineers Syndicate – Invests ₹8.23 crore in renovation of Celebrity Resort.

Utkarsh Small Finance Bank – Announces ₹950 crore rights issue at a 37.5% discount.

Arabian Petroleum – CS Rekha Rani Naraniwal resigns as Company Secretary & Compliance Officer.

Adani Power – Seeks consent to approve an additional ₹2,000 crore for an already sanctioned related-party transaction.

BSE – Appoints Viral Davda as Chief Information Officer, effective Nov 4, 2025.

EPL – Anand Kripalu to retire as MD & Global CEO on Dec 31; Hemant Bakshi appointed CEO Designate from Oct 13.

Uniparts India – Board to meet on Oct 13 to consider a special interim dividend.

Corporate Actions – Ex-Date (10 Oct 2025)

AGI Infra: Stock Split (₹5 → ₹1)

Capital Trust: Rights Issue of Equity Shares

Hexaware Technologies: Interim Dividend ₹5.75

Narmada Macplast: Bonus Issue 1:1

Purity Flexpack: Bonus Issue 2:1

RCF: Final Dividend ₹1.32

Ujjas Energy: Bonus Issue 2:1

Valiant Communications: Bonus Issue 1:2