Stocks to Watch Today, Monday, September 21, 2026: Mazagon Dock, Rail Vikas Nigam, Welspun Enterprises, Nestle India, HEG

Mumbai, Sept 21: Here are five stocks in focus on Monday, from a Rs 15,000-crore shipyard MoU for Mazagon Dock to a railway order for Rail Vikas Nigam to sewer orders for Welspun Enterprises to fresh FSSAI action against Nestle India to a battery order for HEG. Here’s what’s driving each stock and what to track through the session. 

Mazagon Dock (MAZDOCK): Signs Rs 15,000-crore shipyard MoU for Andhra Pradesh 

Mazagon Dock Shipbuilders Ltd (MAZDOCK) signed a memorandum of understanding on Friday with National Shipbuilding and Heavy Industries Park-AP (NSHIP-AP) to develop a greenfield shipyard at Dugarajapatnam in Andhra Pradesh, envisaging an investment of around Rs 15,000 crore over the next five to seven years, subject to approvals. The MoU was signed in the presence of Andhra Pradesh Chief Minister N Chandrababu Naidu, with MDL named anchor shipyard for the wider cluster, valued at Rs 38,767 crore and expected to generate around 45,000 jobs. This is MDL’s second such agreement this month, after a similar MoU for a Maharashtra cluster at Dighi. 

Rail Vikas Nigam (RVNL): Bags Rs 404.88-crore East Coast Railway order 

Rail Vikas Nigam Ltd (RVNL) has received a Letter of Acceptance from East Coast Railway for a project worth Rs 404.88 crore, including GST, covering roadbed, bridge, track-linking, signalling and electrification works for the third line between Nergundi-Barang and Khurda Road-Vizianagaram, to be completed within 912 days. The order follows RVNL’s September 3 disclosure of emerging as the lowest bidder, adding to a string of East Coast Railway awards on this corridor. RVNL shares closed 4.21 per cent higher at Rs 210.19 on Friday. 

Welspun Enterprises (WELENT): Subsidiary wins Rs 351.24-crore Ahmedabad sewer orders 

Welspun Enterprises Ltd’s (WELENT) subsidiary, Welspun Michigan Engineers, has secured two sewer rehabilitation projects from the Ahmedabad Municipal Corporation for a combined Rs 351.24 crore, including GST, both funded by the World Bank and due within 24 months. The larger, at Rs 229.48 crore, covers the trunk sewer line from Gota Lake to the 285 MLD TSPS, while the second, worth Rs 121.76 crore, covers eastern Ahmedabad. The wins lift the subsidiary’s order book to about Rs 2,432.66 crore from around Rs 2,135 crore in June. Shares closed 5.30 per cent higher at Rs 820 on Friday. 

Nestle India (NESTLEIND): Faces FSSAI legal action over infant nutrition claims 

The Food Safety and Standards Authority of India (FSSAI) has initiated legal action against Nestle India over alleged non-compliance related to its NAN Excella Pro Stage 1 and Lactogen Pro 1 products, filing adjudication cases after flagging promotional claims around “5 HMOs” and whey protein on the products and their e-commerce marketing material. FSSAI also filed a case over a follow-up formula sample that reportedly failed to meet prescribed biotin levels in testing. Nestle India has said its products are fully compliant and that the labels were approved by an FSSAI expert committee. Shares fell nearly 2 per cent intraday on Friday. 

HEG (HEG): Arm bags Rs 217.56-crore battery order from Indus Towers 

HEG Ltd‘s subsidiary, Replus Engitech, has received orders worth Rs 217.56 crore, including GST, from Indus Towers for lithium-ion battery banks, to be executed on or before March 31, 2027, or a mutually agreed extended date, at arm’s length with no related-party involvement. The order adds to Replus Engitech’s growing energy-storage business alongside HEG’s core graphite electrode operations. Shares hit the 5 per cent upper circuit on Friday to settle at Rs 238.55. 

Broader Read 

Monday’s triggers span a Rs 15,000-crore shipyard MoU for Mazagon Dock, a Rs 404.88-crore railway order for Rail Vikas Nigam, Rs 351.24 crore of sewer orders for Welspun Enterprises, fresh FSSAI action against Nestle India, and a Rs 217.56-crore battery order for HEG, a mix of order wins and regulatory action for investors to weigh even as the broader market stays watchful. The Nifty closed at 23,346 on Friday, up 0.33 per cent, while the Sensex slipped 0.03 per cent to 74,295 after paring almost all of a 245-point intraday advance, with metals, media, realty, infrastructure and energy stocks leading gains even as IT and Tata Group counters stayed under pressure. Gift Nifty futures were last at 23,343.50, up 0.20 per cent, as of 7:23 am IST on Monday, pointing to a muted opening even as elevated crude and simmering Iran-US tensions ahead of Trump’s Gulf meeting keep the market on edge. 

Source

• Company filings
• BSE
• NSE
• Business media reports