🏗️ Orders & Contracts
Jupiter Wagons’ subsidiary has bagged a ₹113 crore order from Indian Railways to supply 9,000 LHB axles that why its is included in our Stocks to Watch September 11 2025. These axles are vital for modern train coaches and will be delivered in the coming months. The order ensures strong revenue visibility and adds to the company’s large order book. Already a trusted supplier in the railway sector, Jupiter Wagons’ deal reinforces its role in India’s rail modernization program.
MTAR Technologies (MTARTECH)
MTAR Technologies has secured orders worth ₹386 crore from Bloom Energy, a global fuel cell company. The orders will be executed between FY26 and FY27, giving a strong pipeline of work. MTAR is known for serving clean energy, aerospace, and defense clients. The global deal confirms MTAR’s strong position in advanced engineering and supports India’s renewable energy shift.
Jash Engineering (JASH)
Jash Engineering announced new orders worth â‚ą31 crore for August 2025, with â‚ą20 crore from global clients and â‚ą11 crore from India. Its total order book now stands at â‚ą863 crore. The company is a global leader in water control equipment. Steady inflows from both domestic and international projects ensure strong long-term visibility.
Goldiam International (GOLDIAM)
Goldiam International secured export orders worth â‚ą100 crore from its US clients for lab-grown diamond jewelry. The orders will be completed by December 2025. With global demand for eco-friendly diamonds rising, Goldiam is positioned as a market leader. The US remains its largest market, and this deal adds momentum to export revenue growth.
Silver Touch Technologies (SILVERTUC)
Silver Touch Technologies has won an Airports Authority of India project covering 15 airports. It will supply and install advanced communication and network systems for air traffic control towers. This upgrade will improve safety and security. Silver Touch’s experience in large IT and e-governance projects helped secure this deal.
Rail Vikas Nigam (RVNL)
RVNL emerged as the lowest bidder for a ₹169 crore railway project involving traction substations and SCADA systems. The project will be completed in 18 months. This further strengthens RVNL’s portfolio as India invests heavily in freight and passenger rail infrastructure.
🤝 MoUs & Strategic Agreements
Brightcom Group (BCG)
Brightcom signed an MoU with US-based CQT Weapon Systems to build AI-driven defense solutions. The deal marks Brightcom’s entry into the defense sector, combining its AI expertise with CQT’s hardware. It reflects the company’s diversification beyond advertising.
Kellton Tech (KELLTONTEC)
Kellton Tech partnered with Hungary’s E-Group to build a sovereign AI ecosystem. They plan an AI Gigafactory under the EU–India framework for secure and ethical AI. This deal gives Kellton a foothold in global AI markets.
MIC Electronics (MICEL)
MIC Electronics signed an MoU with Singapore-based Top2 to identify a Taiwanese semiconductor partner. The plan is to set up a wafer plant producing 25,000–30,000 wafers monthly. This move aligns with global chip demand and India’s semiconductor ambitions.
Mazagon Dock has begun negotiations with the Indian Navy for Submarine Project P75(I), one of India’s most important defense programs. If finalized, it would provide long-term orders and reinforce Mazagon’s leadership in shipbuilding.
đź’° Acquisitions & Investments
Natco Pharma (NATCOPHARM)
Natco Pharma has offered to buy minority shares in South Africa’s Adcock Ingram for US$228 million. Post-deal, Adcock will be delisted, with Natco holding 35.75% and Bidvest the rest. This expands Natco’s presence in Africa, a fast-growing healthcare market.
Rajoo Engineers (RAJOOENG)
Rajoo Engineers signed a definitive agreement to acquire a company in the manufacturing space (details confidential). The acquisition expands Rajoo’s offerings and is expected to close within 30 days.
Adani Ports (ADANIPORTS)
Adani Ports’ subsidiary acquired 100% of Dependencia Logistics for ₹37.7 crore. Though Dependencia has not yet started full operations, the acquisition adds to Adani’s logistics integration strategy.
Servotech Power (SERVOTECH)
Servotech’s subsidiary acquired Hertz & Pixelz, a leading events and entertainment company behind the G20 Summit and Ed Sheeran’s India concert. This diversification adds new revenue streams beyond EV charging and renewable energy.
Tega Industries (TEGA)
Tega Industries, with Apollo Funds, announced the acquisition of global mining leader Molycop for $1.5 billion. Molycop supplies over 400 mines worldwide. This acquisition makes Tega one of the biggest global suppliers in mining consumables.
Dr. Reddy’s Laboratories (DRREDDY)
Dr. Reddy’s has signed a deal with Johnson & Johnson’s Janssen unit to acquire the STUGERON® brand portfolio for $50.5 million. The deal covers 18 markets across Asia-Pacific, Europe, Middle East, and Africa, with India and Vietnam as key markets. STUGERON® is a leading anti-vertigo drug containing cinnarizine, ranked No. 1 in India’s CNS segment. This acquisition expands Dr. Reddy’s CNS therapy portfolio and supports its 2030 goal of reaching 1.5 billion patients.
🏥 Expansions & Projects
Eicher’s commercial vehicle arm, VECV, has decided to pass the GST tax cut benefit directly to customers on trucks and buses. Lower prices could drive stronger demand in logistics and transport sectors.
Hindustan Aeronautics (HAL)
HAL signed a deal with ISRO, IN-SPACe, and NSIL to take over Small Satellite Launch Vehicle (SSLV) technology. HAL will now build and operate SSLVs, entering the small satellite launch market.
Highway Infrastructure (HILINFRA)
Highway Infrastructure secured a â‚ą19 crore NHAI contract for toll operations on a Rajasthan expressway, starting September 11, 2025. Toll operations provide steady revenue.
PNC Infratech (PNCINFRA)
PNC Infratech’s subsidiary has received the appointed date to start building a 35 km Greenfield highway in Bihar under Bharatmala Pariyojana. This project adds to its large road infrastructure portfolio.
Rainbow Children’s Medicare (RAINBOW)
Rainbow opened a new 100-bed hospital in Rajahmundry, Andhra Pradesh. With this, its total capacity crosses 2,285 beds across India. The hospital will serve over 10 million people in East and West Godavari.
Zodiac Energy (ZODIAC)
Zodiac Energy commissioned two new solar power plants in Gujarat with a combined 2.8 MW capacity. The plants boost Zodiac’s renewable portfolio and add recurring revenue.
Shyam Metalics (SHYAMMETL)
Shyam Metalics started producing crash barriers for road and railway safety, aiming for 8–10% market share by FY26. A new ₹50 crore plant in Sambalpur supports this expansion.
AYM Syntex (AYMSYNTEX)
AYM Syntex launched a US-based subsidiary, Innovative Yarns LLC, to trade yarns in the American market. This step expands AYM’s international presence.
Ducon Infratechnologies (DUCON)
Ducon launched a research project on solvent-based carbon capture technology to cut industrial emissions. This aligns with India’s clean energy goals.
Biocon (BIOCON)
Biocon has inaugurated its first U.S. manufacturing facility in Cranbury, New Jersey. Acquired from Eywa Pharma in 2023, the plant has an annual capacity of 2 billion tablets and cost over $30 million to upgrade. This is Biocon’s first oral solid dosage facility in the U.S., strengthening its supply chain and access to one of the world’s largest healthcare markets. The move also expands affordable therapy options globally, backed by U.S. state support.
đź“° Press Releases & Studies
TCS (TCS)
TCS released its global aerospace study, Future-Ready Skies Report. It highlights how AI, digital twins, and robotics will change aircraft manufacturing by 2035.
Shipping Corporation of India (SCI)
SCI received a new Very Large Gas Carrier (VLGC) named Shivalik, with 54,534 MT capacity. This boosts SCI’s LPG shipping capacity and revenue.
Seamec (SEAMECLTD)
Seamec deployed its vessel Seamec II after approvals, continuing its ONGC contract from September 9, 2025. This ensures stable offshore service revenue.
Shradha Infraprojects (SHRADHA)
Shradha announced a rights issue of â‚ą121.5 crore, offering 3 shares for every 5 held at â‚ą40 each. Record date: Sept 16, 2025. The funds will support new projects.
Reliance Industries (RELIANCE)
Reliance Industries has incorporated a new wholly owned subsidiary named Reliance Intelligence Limited on September 9, 2025. The certificate of incorporation was received from MCA the same day. While the business purpose is not disclosed yet, the move signals Reliance’s intent to diversify further into intelligence-driven technology solutions.
This was our Stocks to Watch 11-09-25 report. Stay connected with us daily for the latest NSE and BSE company news and investor updates. Also, don’t miss our next update: Stocks to Watch 01-09-25, where we cover more important developments for investors.”