5 Key Indian Stocks with Massive CAPEX Plans Up to ₹1,500 Crore

Five prominent Indian companies are making significant investments with CAPEX plans ranging up to ₹1,500 crore. From real estate to healthcare and power transmission, these companies are poised for robust growth and market expansion. Discover the details and potential impact of their strategic investments.

CapexIndian StocksMarket GrowthStrategic InvestmentsEconomic LandscapeReal EstateMay 17, 2025

5 Key Indian Stocks with Massive CAPEX Plans Up to ₹1,500 Crore

Real Estate:Amid a dynamic economic landscape, five Indian companies are making significant investments to scale their operations and strengthen their market positions. These strategic CAPEX plans, ranging up to ₹1,500 crore, are aimed at driving long-term growth and innovation. Here’s a detailed look at each company and their investment strategies.

1. Sah Polymers

With a market capitalisation of ₹231 crores, Sah Polymers Limited's shares closed at ₹89.61 on the NSE, down by 2 percent from its previous closing price of ₹91.44. The stock has delivered negative returns of around 6.22 percent over the past year but has risen over 8 percent in the last month.

Sah Polymers’ Board has approved a strategic entry into the real estate sector, focusing on developing plug-and-play office spaces, AI and IT parks, and residential and industrial complexes in Tier 2 and Tier 3 cities. The total CAPEX for this diversification is around ₹325 crore, to be executed in phases. The first phase, with an investment of ₹125 crore, will be funded through equity and debt.

2. Artemis Medicare Services

With a market capitalisation of ₹3,392 crores, Artemis Medicare Services Limited's shares closed at ₹244.15 on the NSE, down by 2.01 percent from its previous closing price of ₹249.15. The stock has delivered positive returns of around 30.21 percent over the past year but has fallen over 13.4 percent in the last month.

Artemis Medicare ended FY25 on a strong note, showing steady growth and consistent performance. To support future expansion, the company raised ₹330 crore from IFC, targeting growth in Delhi NCR and Tier 2 cities via brownfield and greenfield projects. The Board also approved an O&M agreement for a 300+ bed hospital in Raipur, strengthening its presence in Central India.

3. Jindal Poly Films

With a market capitalisation of ₹3,053 crores, Jindal Poly Films Limited's shares closed at ₹699 on the NSE, up by 3.10 percent from its previous closing price of ₹677.95. The stock has delivered positive returns of around 37.6 percent over the past year and has risen over 4.61 percent in the last month.

JPFL Films, a subsidiary of Jindal Poly Films, plans to expand capacity by adding new BOPP, PET, and CPP lines in Nashik, Maharashtra. The new lines will boost output with advanced technology and better efficiency. Current annual capacities are 2.94 lakh tonnes (BOPP), 1.7 lakh tonnes (PET), and 33,600 tonnes (CPP), with 80 percent utilisation. The proposed addition includes 42,000 tonnes (BOPP), 55,000 tonnes (PET), and 18,000 tonnes (CPP), to be commissioned in 2–3 years. The CAPEX investment will exceed ₹700 crore.

4. Power Grid Corporation of India

With a market capitalisation of ₹2,79,111 crores, Power Grid Corporation of India Limited's shares closed at ₹300.10 on the NSE, up by 0.15 percent from its previous closing price of ₹299.65. The stock has delivered negative returns of around 4 percent over the past year and has fallen over 1.9 percent in the last month.

Power Grid Corporation of India has approved a CAPEX of ₹964.44 crore for three key transmission projects, set to be completed by mid-2026. The first project, costing ₹212.81 crore, will strengthen the transmission system for evacuating power from the Bhadla/Bikaner complex and is expected to be completed by June 9, 2026. The other two, ERES-43 and ERES-44, will cost ₹342.69 crore and ₹408.94 crore, respectively, with commissioning timelines of March 1 and May 24, 2026. These projects aim to enhance India’s transmission infrastructure.

5. APL Apollo Tubes

With a market capitalisation of ₹49,510 crores, APL Apollo Tubes Limited's shares closed at ₹1,784 on the NSE, up by 0.46 percent from its previous closing price of ₹1,775.90. The stock has delivered positive returns of around 0.44 percent over the past year and has risen over 13.77 percent in the last month.

APL Apollo Tubes’ Board has approved a capital expenditure of about ₹1,500 crore over the next three years, including maintenance costs. This investment will support a capacity expansion of 2.3 million tonnes, raising total capacity from 4.5 to 6.8 million tonnes by FY28. With current plants running at optimal capacity, the funds will be used to boost manufacturing across existing or new facilities, in line with the company’s long-term growth plans and to meet growing market demand.

Frequently Asked Questions

What is CAPEX and why is it important for these companies?

CAPEX stands for Capital Expenditure, which refers to the funds used by a company to acquire, upgrade, and maintain physical assets such as property, buildings, technology, or equipment. It is crucial for these companies as it helps in expanding their operations, improving efficiency, and maintaining a competitive edge in the market.

Which company is planning to enter the real estate sector and what is the total CAPEX for this diversification?

Sah Polymers is planning to enter the real estate sector, focusing on developing plug-and-play office spaces, AI and IT parks, and residential and industrial complexes in Tier 2 and Tier 3 cities. The total CAPEX for this diversification is around ₹325 crore.

How much did Artemis Medicare Services raise from IFC and what are their expansion plans?

Artemis Medicare Services raised ₹330 crore from IFC. Their expansion plans include growth in Delhi NCR and Tier 2 cities via brownfield and greenfield projects. They have also approved an O&M agreement for a 300+ bed hospital in Raipur, strengthening their presence in Central India.

What are the key transmission projects approved by Power Grid Corporation of India and their respective costs?

Power Grid Corporation of India has approved a CAPEX of ₹964.44 crore for three key transmission projects. The first project, costing ₹212.81 crore, will strengthen the transmission system for evacuating power from the Bhadla/Bikaner complex. The other two, ERES-43 and ERES-44, will cost ₹342.69 crore and ₹408.94 crore, respectively.

What is the capacity expansion plan of APL Apollo Tubes and the total CAPEX for this expansion?

APL Apollo Tubes’ Board has approved a capital expenditure of about ₹1,500 crore over the next three years, including maintenance costs. This investment will support a capacity expansion of 2.3 million tonnes, raising total capacity from 4.5 to 6.8 million tonnes by FY28.