Stocks to watch, Sept 1: Auto stocks, ITC, Happiest Minds, PVR Inox, Milky Mist, Sun Pharma, TBZ, UltraTech Cement

The home inventory market is anticipated to open within the pink on Tuesday, September 1. The GIFT NIFTY futures counsel that the NIFTY50 index will open 56 factors decrease.

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Here’s a checklist of shares that will stay in focus immediately.

Auto shares: Shares of car producers similar to Maruti Suzuki, Tata Motors, Hyundai Motor India and others are more likely to stay in focus as automakers start releasing their August 2026 gross sales figures.

Traders will observe month-to-month volumes for clues about demand traits forward of the festive season, following a powerful July, throughout which main passenger automobile makers reported strong progress.

ITC and Happiest Minds Applied sciences: Shares of those firms shall be in focus. ITC Infotech, a wholly-owned subsidiary of diversified conglomerate ITC Ltd, will merge with Bengaluru-based Happiest Minds Applied sciences to create an AI-first enterprise with a $1 billion turnover by FY28.

As a precursor to the merger, ITC Infotech will purchase a 22.106% stake from Happiest Minds promoter Ashok Soota and Ashok Soota Medical Analysis LLP, in line with regulatory filings.

Following the stake buy, Happiest Minds shall be amalgamated with and into ITC Infotech.

The mixed entity, with a worldwide workforce of over 19,000 professionals, will convey complementary capabilities to ship a full-stack worth proposition for end-to-end options spanning construct, intelligence, and operations while increasing into high-potential verticals together with hi-tech, healthcare, and edtech.

PVR Inox: Shares of PVR Inox are anticipated to be within the highlight on Tuesday, September 1, as the corporate’s board of administrators, at its assembly, considered and approved the proposal for a buyback of fairness shares as much as ₹300 crore, on a proportionate foundation via the tender supply route.

In keeping with a regulatory submitting dated August 31, the corporate’s board of administrators authorised the proposal for a buyback of as much as 20.69 lakh absolutely paid-up fairness shares, with a face worth of ₹1 every, at a worth of ₹1,450 apiece.

Milky Mist Dairy Meals: Milky Mist Dairy Meals reported its first quarterly earnings on Monday, August 31.

The dairy merchandise producer reported an 889.91% or practically a ten-fold year-on-year (YoY) surge in its consolidated internet revenue to ₹64.68 crore within the April-June quarter of the 2026-27 monetary 12 months (Q1 FY27), in contrast with ₹6.53 crore within the corresponding interval of the previous fiscal 12 months (Q1 FY26).

Its income from operations jumped 43.6% YoY to ₹973.45 crore throughout the quarter below assessment, as towards ₹678.09 crore within the first quarter of the 2025-26 monetary 12 months (Q1 FY26), supported by wholesome gross sales efficiency throughout the whole product portfolio, reflecting broad-based progress, in line with a regulatory submitting.

Mankind Pharma: Mankind Pharma on Monday mentioned it has offered a 100% stake in Broadway Hospitality Companies to AKRK Initiatives LLP.

Accordingly, Broadway has ceased to be a wholly-owned subsidiary of the corporate with impact from August 31, 2026, the pharmaceutical firm mentioned in a regulatory submitting.

“In continuation of our earlier intimation dated July 11, 2026, we want to inform you that the corporate has accomplished the transaction on August 31, 2026, by transferring its 100% stake held in Broadway Hospitality Companies Personal Restricted to AKRK Initiatives LLP and its companions,” it mentioned.

In its submitting to the exchanges on July 11, Mankind Pharma had mentioned the overall consideration for the divestment was ₹49 crore, topic to any closing adjustment.

Harmony Biotech: A public shareholder of Harmony Biotech on Monday exited the biotechnology firm by promoting its complete 2% stake for ₹294 crore via an open market transaction.

In keeping with the majority deal information on the BSE, 1575773 Ontario Inc, a Canadian company entity, offered 20,92,325 shares, representing a 2% stake in Ahmedabad-based Harmony Biotech.

The shares have been disposed of at a mean worth of ₹1,404.10 apiece, taking the transaction worth to ₹293.78 crore.

In the meantime, DSP Mutual Fund (MF) bought 12.88 lakh shares, amounting to a 1.23% stake in Harmony Biotech. The shares have been acquired on the identical worth, taking the deal worth to ₹180.86 crore.

After the most recent transaction, DSP MF’s holding in Harmony Biotech has elevated to just about 3% from 1.75%.

Solar Pharma: The pharma main, along with its subsidiaries and/or affiliated firms, on Tuesday joined a number of pharmaceutical firms at a White Home ceremony to announce agreements with the US authorities aimed toward prioritising entry to inexpensive medicines for thousands and thousands of American sufferers.

As a part of its settlement, Solar Pharma will lengthen Most Favored Nation (MFN) pricing to state Medicaid applications. Solar Pharma additionally commits to MFN pricing for future progressive medication launches.

The settlement acknowledges Solar Pharma’s funding within the US market by delaying Part 232 tariffs on progressive pharmaceutical merchandise for over two years. Additional phrases of the settlement stay confidential.

Tribhovandas Bhimji Zaveri (TBZ): GRT Jewellers India Personal Restricted (GRT), one in all India’s main jewelry retail firms, on Monday introduced the signing of a share buy settlement (SPA) with the Promoters of the listed jewelry retail firm, Tribhovandas Bhimji Zaveri Restricted (nicely often known as TBZ the Unique) (TBZ), to accumulate their stake of 74.12% within the firm.

As per the SPA, GRT would purchase the Promoter’s stake for an combination worth of as much as ₹1,033.71 crore. The consummation of the SPA shall be topic to applicable regulatory approvals and customary closing circumstances. GRT can even be launching an open supply for an additional practically 26% as per relevant SEBI laws.

UltraTech Cement: The corporate’s Wires & Cables plant situated at Bharuch, Gujarat has commenced industrial manufacturing immediately, i.e., September 1, 2026.

Juniper Inexperienced Vitality: Juniper Inexperienced Stellar Personal Restricted, an entirely owned subsidiary of Juniper Inexperienced Vitality Restricted, has commissioned 12.40 MW of wind energy capability, forming a part of its 120 MW Agency and Dispatchable Renewable Vitality Challenge.

With the commissioning of the aforesaid capability, our capability below this mission stands at 177.6 MWp and ~201 MWh BESS out of the overall deliberate capability of 232.4 MWp and ~201 MWh BESS.

Pursuant to the commissioning of the above capability, the mixture operational capability of Juniper Inexperienced Vitality Restricted and its subsidiaries stands at ~2,588 MWp and ~500 MWh BESS as of the date hereof.

Welspun Residing: Shares of Welspun Residing are more likely to be in focus after the corporate mentioned it is not going to proceed with the proposed acquisition of a 26% stake in Clear Max Dhyuthi, a photo voltaic and renewable vitality firm.

The acquisition, authorised in Might for ₹7.6 crore, was to be constructed from promoter group agency Welspun Corp. Nevertheless, the 2 firms mutually determined to cancel the transaction, citing the present demand, provide, and availability of energy on the related location.

Aster DM High quality Care: The corporate mentioned that the Board of Administrators of KIMS Well being Care Administration Restricted (“KHML”), a cloth subsidiary of the Firm, has authorised the development of KIMSHEALTH New Block and optimisation of the present hospital services, which might improve operational growth of capability on the KIMSHEALTH Hospital, Trivandrum, Kerala.

With inputs from PTI

Disclaimer: This text is solely for informational functions and shouldn’t be thought-about funding recommendation from Upstox. Please seek the advice of with a monetary adviser earlier than making any funding selections.

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