Summary:
Indian stocks to watch on September 29 include Honasa Consumer, HCLTech, ITC, NCC, IRFC, Vikram Solar, Zydus Lifesciences and others. Block deals, acquisitions, order wins, regulatory updates, financing agreements and strategic partnerships are driving company-specific developments ahead of trading today.
Indian stocks are likely to remain in focus as investors track a mix of block deals, acquisitions, order wins, regulatory developments, strategic partnerships and business expansion plans. Here are the key stocks to watch based on company-specific developments.
Honasa Consumer
Honasa Consumer could remain in focus after reports indicated that Peak XV Partners Investments VI, Sequoia Capital Global Growth Fund III and Redwood Trust are likely to sell a cumulative 2.73% stake in the company. The offer size is pegged at around ₹400 crore, with the floor price set at ₹450 per share. The proposed stake sale could remain a key near-term factor for the stock.
Cube Highways Trust
Cube Highways Trust is also likely to attract attention following a proposed stake sale by Seventy Second Investment Company LLC-FDI. The investor is likely to sell 4.50 crore units, equivalent to a 3.35% stake, through an offer valued at around ₹688.1 crore. The floor price has been set at ₹153 per unit.
HCL Technologies
HCL Technologies announced that its software division, HCL Software, intends to acquire Robotiq.ai, a Croatia-based provider of an enterprise robotic process automation platform. The transaction is aimed at strengthening HCL Software's enterprise agentic automation capabilities and is expected to close in November 2026.
ITC
ITC has completed the acquisition of a 100% equity stake in Sproutlife Foods for ₹645 crore. The company completed the transaction by acquiring an additional 13,445 equity shares, further consolidating its ownership of the business.
Ellenbarrie Industrial Gases and NCC
Ellenbarrie Industrial Gases has secured a significant ₹481 crore contract from BHEL for a 1,200 TPD cryogenic Air Separation Unit in Odisha. The project covers engineering, supply, installation, commissioning, trial runs and other related activities.
NCC received a ₹1,076.71 crore Letter of Acceptance from the Rural Water Supply and Sanitation Department of Andhra Pradesh. The project involves providing drinking water under the Multi Village Scheme linked to the Yeleru Reservoir.
Zydus Lifesciences
Zydus Lifesciences said the USFDA completed a cGMP inspection of its manufacturing facility at SEZ II, Ahmedabad, between September 21 and 28, 2026. The inspection concluded with one observation, while the company said there were no data-integrity-related observations.
Vikram Solar and Pidilite Industries
Vikram Solar secured a 400 MW module supply order from an EPC player for decentralised solar projects across Maharashtra. The order strengthens the company's project pipeline in the renewable energy segment.
Pidilite Industries entered into a strategic partnership with Hwaseung Chemical to introduce advanced South Korean bonding technologies to India's footwear manufacturing ecosystem. The collaboration is focused on high-performance adhesive systems.
Allcargo Logistics, IRFC and Landmark Cars
Allcargo Logistics said Ketan Kulkarni will step down as Managing Director and CEO effective December 31, 2026. He will subsequently take charge as Chief Growth Officer of the Allcargo Group from January 1, 2027.
IRFC signed a ₹4,200 crore term loan agreement with Damodar Valley Corporation to finance renewable energy projects across Jharkhand and West Bengal.
Landmark Cars is expanding its retail network with a new BYD facility in Noida and a Mahindra & Mahindra showroom at EM Bypass in Kolkata, West Bengal.
