Key Stocks to Watch Today: Ceigall India, Azad Engineering, and More

Stay updated with the latest stock market news and key companies to watch today. From significant investments and major deals to appointments and acquisitions, here’s a quick look at the stocks that will be in focus.

Stock MarketCompany UpdatesFinancial NewsBusiness GrowthInvestmentReal EstateSep 28, 2025

Key Stocks to Watch Today: Ceigall India, Azad Engineering, and More

Real Estate:Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, appointments, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:

Quarterly Business Update: Hindustan Unilever Q2

GST reforms have reduced rates to 5% for 40% of Hindustan Unilever’s portfolio. The company expects consolidated business growth to be near flat to low-single digit for Q2FY26. HUL anticipates a recovery starting in November as prices stabilize, underpinned by rising disposable incomes and ongoing portfolio transformation actions.

Quarterly Earnings: Amanta Healthcare Q2 (YoY)

Amanta Healthcare has reported a profit of Rs 3.5 crore, compared to a loss of Rs 0.36 crore in the previous year. However, revenue has fallen by 4.1% to Rs 65.3 crore from Rs 68.1 crore.

Stocks to Watch

Ceigall India

Ceigall India's subsidiary, Ceigall Ludhiana Bathinda Greenfield Highway, has received the ‘appointed date’ from the National Highways Authority of India (NHAI) for a project worth Rs 981 crore. The project involves the development of a 6-lane access-controlled Ludhiana–Bathinda Greenfield highway section in Punjab on Hybrid Annuity Mode under Bharatmala Pariyojna Phase-I (Package 2).

Additionally, Ceigall India (CIL) has announced that its joint venture with JSP Projects (CIL holding 80% and JSPPPL 20%) has received a Letter of Award (LOA) from the Greater Mohali Area Development Authority (GMADA) for an infrastructure development project worth Rs 509.20 crore. The project is to be executed within 24 months under an item-rate contract.

Azad Engineering

Azad Engineering has signed a new Long-Term Contract & Price Agreement (LTCPA) with Mitsubishi Heavy Industries, Japan, valued at Rs 651 crore. The agreement is for the supply of highly engineered and complex rotating and stationary airfoils for advanced gas and thermal power turbine engines to meet their global demand in the power generation industry.

PG Electroplast

PG Electroplast, through its subsidiary PG Technoplast, has acquired a 50-acre land parcel in Sri City, Andhra Pradesh. The company plans to invest around Rs 1,000 crore in developing a manufacturing campus over the next five years.

Alkem Laboratories

Alkem Laboratories has entered into a Business Transfer Agreement with Alkem Wellness, effective October 1. The company will transfer the trade generics business as a going concern, on a slump sale basis, to its subsidiary, Alkem Wellness.

Shriram Finance

Shriram Finance has made a further investment of Rs 300 crore in its subsidiary, Shriram Overseas, by subscribing to 1,90,25,000 equity shares through a rights issue. The objective is to strengthen its capital base.

Lemon Tree Hotels

Shareholders of Lemon Tree Hotels have appointed Neelendra Singh as Managing Director of the company, and Kapil Sharma as Executive Director and Chief Financial Officer, for a term of five years effective October 1. They have also appointed Patanjali Govind Keswani as Executive Director and Chairman for 18 months, effective October 1.

Godrej Agrovet

Godrej Agrovet has entered into a Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries (MoFPI) for setting up manufacturing and upstream innovation facilities at an estimated investment of Rs 960 crore.

BEML

BEML has entered into a Tripartite Memorandum of Understanding (MoU) with Bharat Forge and Data Patterns (India). They will support the Advanced Medium Combat Aircraft (AMCA) programme and participate in the Expression of Interest (EoI) floated by the Aeronautical Development Agency (ADA).

Waaree Energies

Waaree Energies has executed a definitive agreement for acquiring a 76% stake in Racemosa Energy (India) for Rs 53 crore.

Zaggle Prepaid Ocean Services

Zaggle Prepaid Ocean Services has signed a SaaS Partnership Agreement with IDFC First Bank, under which it will offer SaaS solutions to the bank’s corporate customers.

Tata Motors

PB Balaji has resigned as Group Chief Financial Officer of Tata Motors, effective November 17, and will join as Chief Executive Officer of Jaguar Land Rover Automotive Plc, UK, on the same date. The Board has appointed Dhiman Gupta as the Chief Financial Officer of the company effective the same date, and Shailesh Chandra as an Additional Director, Managing Director & CEO of the company, effective October 1, for a period of three years. Girish Wagh has resigned as Executive Director of the company effective October 1 and will join the Board of TML Commercial Vehicles as an Additional Director, Managing Director & CEO.

Oil India

Oil India has reported the occurrence of natural gas in its second exploratory well, Vijayapuram-2 (Loc. OAEA), drilled in the Offshore Andaman Block.

Allied Blenders & Distillers

Anil Somani has resigned as Chief Financial Officer (CFO) of Allied Blenders & Distillers effective October 9, but will continue to serve the company on special projects. The Board has appointed Jayantt Bhalchandra Manmadkar as Chief Financial Officer of the company, effective October 10.

Vascon Engineers

Vascon Engineers has entered into a Memorandum of Understanding (MoU) with Adani Infra (India) to collaborate as an execution partner under an Early Engagement Model for five years. Under this arrangement, Vascon will be associated with Adani on selected earmarked projects right from the design stage, thereby ensuring seamless integration of design and execution. At present, three projects totaling approximately 13.15 million square feet have already been identified under this model in Mumbai.

Deepak Nitrite

Deepak Nitrite's subsidiary, Deepak Chem Tech, has commissioned its hydrogenation plant at Dahej, Gujarat. The total capital expenditure incurred for the same is approximately Rs 115 crore.

Power Grid Corporation of India

The Board of Power Grid Corporation of India has approved two new projects worth Rs 705.5 crore. Under the first project, worth Rs 209.68 crore, the company will implement a VOIP Communication System for Grid Operation for all five regions. Under the second project, worth Rs 495.83 crore, it will implement Disaster Preparedness of Transmission Infrastructure: Procurement of 20 sets (300 towers) of Emergency Restoration System (ERS) under the Make in India initiative.

Sky Gold and Diamonds

The Board of Sky Gold and Diamonds has appointed Siddharth Sipani as the Chief Financial Officer (CFO) of the company effective September 27, following the resignation of Mangesh Ramesh Chauhan from his role as CFO.

Chambal Fertilisers & Chemicals

The Joint Commissioner, CGST & Central Excise, Patna, has imposed a penalty amounting to Rs 526.84 crore on alleged GST liability on the subsidy receivable from the Government of India on fertilisers and for the wrong availment of ITC pertaining to FY 2018–19 to FY 2022–23.

Godawari Power and Ispat

Godawari Power and Ispat informed exchanges that six employees died and six were injured due to the collapse of the refractory side wall of the travelling grate of the iron ore pellet plant at Siltara in Raipur.

Interarch Building Solutions

Interarch Building Solutions will invest Rs 100 crore in its new plant in Andhra Pradesh to enhance capacity for multi-storey steel buildings, data centres, semiconductor, electronics, and battery plants.

Birlasoft

The Board of Birlasoft has approved the re-appointment of Angan Guha as Chief Executive Officer & Managing Director of the company for a further period of two years, commencing from December 1 this year.

Gujarat Narmada Valley Fertilizers & Chemicals

Gujarat Narmada Valley Fertilizers & Chemicals has resumed operations at its TDI-II plant in Dahej after the completion of maintenance and safety checks.

Frequently Asked Questions

What is the significance of the GST reforms for Hindustan Unilever?

The GST reforms have reduced rates to 5% for 40% of Hindustan Unilever’s portfolio, which is expected to contribute to the company's business growth in the coming quarters.

What major project has Ceigall India’s subsidiary received from NHAI?

Ceigall India's subsidiary has received the ‘appointed date’ from NHAI for a project worth Rs 981 crore to develop a 6-lane access-controlled Ludhiana–Bathinda Greenfield highway section in Punjab.

What is the new contract signed by Azad Engineering with Mitsubishi Heavy Industries worth?

Azad Engineering has signed a Long-Term Contract & Price Agreement (LTCPA) with Mitsubishi Heavy Industries, Japan, valued at Rs 651 crore for the supply of highly engineered and complex airfoils.

What significant investment is PG Electroplast making in Sri City, Andhra Pradesh?

PG Electroplast, through its subsidiary PG Technoplast, has acquired a 50-acre land parcel in Sri City, Andhra Pradesh, and plans to invest around Rs 1,000 crore in developing a manufacturing campus over the next five years.

What new projects has Power Grid Corporation of India approved recently?

Power Grid Corporation of India has approved two new projects worth Rs 705.5 crore. The first project, worth Rs 209.68 crore, involves implementing a VOIP Communication System for Grid Operation for all five regions. The second project, worth Rs 495.83 crore, involves implementing Disaster Preparedness of Transmission Infrastructure.