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RailTel

RailTel Corporation of India has received multiple contracts totalling approximately Rs 714 crore from the Bihar Education Project Council. The orders include smart classrooms for middle, secondary, and senior secondary schools (Rs 520 crore), ICT labs (Rs 44 crore), teaching learning materials (Rs 90 crore), and ISM lab setup (Rs 60 crore). Most projects have an execution timeline until March 31, 2026.

Alpex Solar

The company received an Rs 345 crore (excl. GST) order for the supply of solar modules. It is to be completed by March 2026.

Infosys

The Infosys board will meet on September 11 to consider a proposal for the buyback of fully paid-up equity shares. If approved, this will be the first buyback of shares since 2022, when the company had okayed a proposal of Rs 9,300 crore with a minimum buyback price of Rs 1,850 per share.

JSW Steel

JSW Steel reports a consolidated crude steel production of 27.03 lakh tonnes for August 2025, marking a 17% year-over-year increase. The company has achieved a capacity utilization of 95% in its Indian operations following the commissioning of a second converter by its subsidiary JVML, bringing total crude steel capacity to 34.2 MTPA.

Diamond Power

Company secured an order worth Rs 184.66 crore from Adani Energy Solutions for the supply of 4,215 km of AL-59 zebra conductor for the Khavda project. The total project is scheduled to be executed by 31 May 2026.

Coal India

Coal India Limited (CIL) was evaluating the potential of establishing data centres in its decommissioned mines, leveraging existing infrastructure to meet the country’s growing demand for digital capacity while advancing sustainable development.

Voltamp Transformers

Promoter Mr. Kunjal Patel is likely to sell up to 7.88 lakh shares (7% stake) in the company via block deals, with an offer size of US$67 million and a floor price of Rs 7,600 per share.

HUDCO

HUDCO has signed a Memorandum of Understanding (MoU) with the Nagpur Metropolitan Region Development Authority (NMRDA), Maharashtra, for providing funds of up to Rs 11,300 crore over a period of five years for land acquisition, housing, and infrastructure development in the Nagpur Metropolitan Region.

Strides Pharma

The company has entered into a strategic product development partnership with Kenox Pharmaceuticals to expand its portfolio of nasal spray products for the US market. Under the terms of the agreement, Strides will collaborate with Kenox on the development and filing of multiple nasal spray products for the US market across diverse therapeutic indications. Specific product details remain confidential at this stage.

Power Sector

India has cancelled Grid Access for nearly 17GW of delayed projects to prioritize transmission connectivity for operational or near-completion projects. The affected projects were located in Gujarat, Rajasthan and Madhya Pradesh. These Cancellations were carried out in the June quarter after providing prior notices to companies like JSW Energy, Adani Power, NTPC, Avaada Group, ReNew Power and ACME Solar.

IRB Infrastructure Developers

The company announced toll collections of Rs 563.2 crore in August 2025, an increase of 12% compared to Rs 502.6 crore in the same month last year.

Indian Oil Corp

Indian Oil Corp said Russian oil continues to trade at a $2–$3 per barrel discount to Dubai crude for Indian deliveries. India remains the largest buyer of Russian seaborne crude despite U.S. pressure. August imports fell to 686,850 bpd from July’s 1.34 million bpd as state refiners paused purchases due to narrower discounts and high inventories.

RSWM

RSWM Ltd has scrapped plans to set up a Rs 740 crore greenfield unit in Kathua, Jammu, for manufacturing recycled PET chips and recycled filament yarn, citing economic and geopolitical challenges.

Brigade Enterprises

Brigade Group has signed a luxury residential project in East Bengaluru. This joint development project is spread across approximately 10.75 acres, with a total saleable area potential of 2.5 million square feet and an estimated gross development value of around Rs 2,500 crore.

Morepen Labs

The company’s arm, Morepen Medipath, has executed a joint venture agreement with Bimedical FZE to form a joint venture company.

NDTV

The company’s Board of Directors has approved a rights issue to raise Rs 396.50 crore by offering 4.8 crore new fully paid-up equity shares at an issue price of Rs 82 each.

Godrej Consumer Products

The company’s subsidiary, PT Godrej Consumer Products Indonesia, has commenced construction of a new manufacturing site at Kendal, Indonesia, with an investment of Rs 250 crore.

Arkade Developers

The company has detected a malware incident affecting select IT systems. Immediate action has been taken to mitigate the impact and secure the systems. Relevant authorities have been duly notified. The company continues to monitor the situation closely while maintaining business as usual.

Quality Power

The Company’s arm ENDOKS ENERJİ ANONİM ŞİRKETİ has received two significant orders for the supply of its FACTS system from a European customer for a steel plant. The combined value of these two orders is approximately Rs 75.19 crore.

SPML Infra

Company has secured a Rs 1,438 crore order in a joint venture with JWIL Infra (SPML leading with 51%) from the Public Health Engineering Department (PHED), Bharatpur, Rajasthan. The project, awarded under the Jal Jeevan Mission, aims to strengthen water supply infrastructure across the region.

Dish TV

The company’s arm Dish Infra Services has announced its strategic foray into the integrated Smart TV segment with the launch of Smart TVs under the brand name “VZY”.

TVS Motor

The company informs that it will pass on the full benefit of the GST rate reduction to customers across its ICE portfolio, following the recent reforms introduced by the GST Council.

Medi Assist Health

The company’s shareholders have approved the preferential issuance of 37 lakh equity shares at Rs 535 per share to Massachusetts Institute of Technology and 238 Plan Associates LLC. The company updates on plans to use the Rs 198 crore raised for debt repayment in a subsidiary (Rs 150 crore) and for general corporate purposes (Rs 48 crore), with the funds to be utilised within two years of allotment.

Craftsman Automation

The company has made a strategic investment of Rs 2.6 lakh to acquire a 26% shareholding in Eastsquare Energy, a power generation and transmission company.

Avantel

The company has received an amended purchase order worth of Rs 9.88 crore from the Department of Atomic Energy.

ArisInfra Solutions

The company’s arm launches villa plots in Bengaluru along with Vaishnavi Residences. The project is estimated to have a gross development value of over Rs 200 crore.

John Cockerill

John Cockerill India received an order worth Rs 50 crore for the supply of cold rolling mill from Godawari Power (GPIL).

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Disclaimer:At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations