Summary:
Stocks to watch today, September 30: Avalon Technologies, Power Mech Projects, Prestige Estates, Tata Steel, Ramco Cements and others are in focus after block deals, order wins, acquisitions, capacity expansion, management changes and major corporate transactions ahead of trading.
Which stocks are in focus today, September 30?
Indian stocks are likely to remain in focus on September 30 as several companies reported major orders, business transactions, capacity additions, acquisitions and senior management changes. Here are the key stocks to watch in today’s trading session.
| Stock | Key Development | Why in Focus |
| Avalon Technologies | Promoters may sell up to 6% stake | Block deal |
| Power Mech Projects | ₹549.37 crore Adani Group order | Order win |
| KSB | Up to ₹118 crore export order | Export order |
| Ganesh Benzoplast | ₹1,154 crore business sale | Strategic transaction |
| Endurance Technologies | €18 million acquisition | Overseas acquisition |
| NLC India | 1,080 MW JV with NALCO | Power project |
| Ramco Cements | Capacity expansion completed | Capacity addition |
| Prestige Estates | ₹3,000 crore CPP Investments deal | Hospitality investment |
| STL Networks | ₹249.8 crore RailTel order | Order win |
| JSW Cement | Shiva Cement amalgamation approved | Corporate restructuring |
| Tata Steel | $340 million investment in T Steel Holdings | Subsidiary investment |
| Britannia Industries | New Deputy MD and CFO | Management changes |
| Allcargo Logistics | New MD & CEO designate | Leadership change |
Stocks to Watch Today, September 30
Avalon Technologies
Avalon Technologies could remain in focus after promoter groups Bhaskar Srinivasan, BBS Family Trust and KBS Family Trust are likely to sell up to a 6% stake through block deals. The offer size is pegged at ₹861.9 crore, with an indicative price range of ₹2,150–₹2,302 per share.
Power Mech Projects and KSB
Power Mech Projects has secured an order worth ₹549.37 crore from Adani Group for complete operation and maintenance services at the 2x600 MW Moxie Power Generation Tuticorin TPP.
KSB has received an export order worth up to ₹118 crore from Dangote Projects Free Zone Enterprise for the supply of a boiler feed pump package, strengthening its international order book.
Ganesh Benzoplast and ArisInfra Solutions
Ganesh Benzoplast has signed agreements to sell its liquid storage tank and railway network businesses to Cisternina Logistics for ₹1,154 crore.
ArisInfra Solutions’ subsidiary Arisunitern RE Solutions has secured a DaaS services order for Transcon UNO, a residential project in Mumbai with an estimated gross development value of ₹400 crore.
Endurance Technologies and NLC India
Endurance Technologies’ Italian subsidiary has agreed to acquire the remaining 32% stake in Stoferle Automotive GmbH and Stoferle GmbH for €18 million.
NLC India has incorporated a joint venture with NALCO, with equal equity participation, to develop a 1,080 MW thermal captive power plant in phases.
Ramco Cements and Prestige Estates
Ramco Cements has completed capacity expansion and de-bottlenecking at its Jayanthipuram works. Clinkerisation capacity increased from 4.61 MTPA to 5.62 MTPA, while cement grinding capacity rose from 3.65 MTPA to 4.38 MTPA.
Prestige Estates Projects has completed two Hyderabad residential projects comprising 1,047 homes. Separately, CPP Investments will invest ₹3,000 crore in Prestige Hospitality Ventures for an approximately 27% stake.
STL Networks and JSW Cement
STL Networks has emerged as the L1 bidder for a ₹249.8 crore RailTel order for cloud infrastructure deployment at its Data Center and Disaster Recovery Site.
JSW Cement’s board has approved the amalgamation of Shiva Cement with the company, aimed at creating a unified cement platform and unlocking operational, financial and management synergies.
Tata Steel, Britannia Industries and Allcargo Logistics
Tata Steel has acquired 393.51 crore equity shares in T Steel Holdings for $340 million (₹3,260.32 crore), with the subsidiary continuing to remain wholly owned.
Britannia Industries has appointed N Venkataraman as Deputy Managing Director and Ramamurthy Jayaraman as CFO, both effective October 1.
Allcargo Logistics has appointed Vijay Nehra as Chief Transformation Officer and Managing Director Designate. He will assume the MD and CEO role from January 1, 2027, following Ketan Kulkarni’s resignation from the position.
SBI Funds Management
SBI Funds Management has appointed Amol Joshi as CFO effective October 1, following the retirement of Inderjeet Ghuliani.
Frequently Asked Questions
Avalon Technologies, Power Mech Projects, Tata Steel, Prestige Estates, Ganesh Benzoplast, Endurance Technologies, Ramco Cements and several other stocks are in focus following corporate announcements.
Avalon Technologies is in focus after its promoter groups proposed to sell up to a 6% stake through block deals, with the transaction estimated at ₹861.9 crore.
Power Mech Projects has secured a ₹549.37 crore order from the Adani Group for operation and maintenance services at the Moxie Power Generation Tuticorin thermal power project.
Prestige Estates is in focus after CPP Investments agreed to invest ₹3,000 crore in Prestige Hospitality Ventures for an approximately 27% stake, alongside the completion of two Hyderabad residential projects.
Tata Steel has acquired 393.51 crore shares in T Steel Holdings for $340 million, or approximately ₹3,260.32 crore, while the subsidiary remains wholly owned.
Britannia Industries, Allcargo Logistics and SBI Funds Management have announced senior management changes effective around October 1, while Allcargo's new MD and CEO designate takes charge from January 1, 2027.
