Key Stocks to Watch: BEL, HAL, Polycab, Radico Khaitan, NTPC, and Other Market Standouts in Focus

September 24, 2025

Indian Stocks in Focus: Market Decline and Key Corporate Developments

Indian equity benchmarks retreated on Tuesday, with the Sensex and Nifty50 both shedding approximately half a percentage point amid broad-based selling.Financial, Information Technology, and Oil and Gas sectors bore the brunt of the downturn, though gains in metal stocks offered some counterbalance. The Sensex concluded the session at 81,715.6, down 386.5 points, while the Nifty50 settled at 25,056.9,losing 112.6 points. This marks the fourth consecutive trading day of declines for both indices. Investors are now keenly awaiting the next trading session to assess potential market shifts.

Corporate Actions and Stock Updates

Polycab India: Block Deal Anticipated

Polycab India is preparing for a critically important block deal involving promoters offloading 12 lakh shares at a 3.1 percent discount to the current market price, with a total value of approximately Rs 880 crore.This move is being closely monitored by market analysts.

Glenmark Pharma: Cancer Treatment Collaboration

Glenmark Pharmaceuticals announced that its subsidiary, Glenmark Specialty SA, has entered into an exclusive licensing and collaboration agreement with Hengrui Pharma. The agreement centers around Trastuzumab Rezetecan (SHR-A1811), a promising new medicine for cancer treatment. This partnership could boost Glenmark’s oncology portfolio.

Defense Sector: BEL and HAL Secure Massive Contracts

Leading defence public Sector Undertakings (PSUs), Bharat electronics Limited (BEL) and Hindustan Aeronautics Limited (HAL), have jointly secured contracts valued at Rs 6,400 crore from the Indian air Force (IAF). These deals involve the supply of critical systems for the Tejas Mk-1 aircraft and upgrades for Mi-17 helicopters.

lupin: US FDA Tentative Approval

Lupin has received tentative approval from the United states Food and Drug Administration (FDA) for a generic version of Biktarvy tablets. These tablets, containing Bictegravir, Emtricitabine, and Tenofovir Alafenamide, are utilized in the treatment of Human Immunodeficiency Virus (HIV). This approval expands Lupin’s generic drug offerings in the US market.

Gujarat Pipavav Port: Long-Term deal with ONGC

Gujarat Pipavav Port secured a five-year agreement with Oil and Natural Gas Corporation (ONGC) for the utilization of port and storage facilities at Pipavav, Gujarat. This partnership strengthens the port’s position as a key energy infrastructure hub.

Crisil: Acquisition of McKinsey PriceMetrix Co.

Crisil, a prominent rating agency, has received board approval to acquire 100 percent ownership of McKinsey PriceMetrix Co.through its subsidiary, Crisil Canada Inc. The acquisition, estimated at Rs 335 crore, will bolster Crisil’s capabilities in pricing analytics and revenue optimization.

Waaree Energies: Investment in Subsidiary

Waaree Energies plans to invest Rs 300 crore in its subsidiary, Waaree Energy Storage Solutions, through a rights issue.This investment aims to accelerate the development and deployment of energy storage solutions.

Radico Khaitan vs. Piccadily Agro: Trademark Dispute

Piccadily Agro emerged victorious in a trademark violation lawsuit against Radico Khaitan. The court determined that Radico’s ‘KASHMYR’ brand name was too similar to Piccadily’s registered ‘CASHMIR’ and ‘CASHMERE’ brands. An interim order now restricts Radico from manufacturing and selling liquor under the ‘KASHMYR’ name.

Panacea Biotec: Launch of Baby Products

Panacea Biotec Pharma, a subsidiary of Panacea Biotec, has launched a new line of 100 percent toxic-free products specifically designed for babies. This reflects a growing consumer demand for safer and more natural baby care products.

Birla Corporation: Preferred Bidder Status

RCCPL, a subsidiary of Birla Corporation, has been designated as the preferred bidder for a composite license by the Telangana government.The company will now proceed with finalizing the terms of the license.

NTPC: Expansion of Power Generation Capacity

THDC India, a subsidiary of NTPC, has announced the commencement of operations for Unit II (660 MW) of the Khurja Super Thermal Power Project (STPP). With this addition,NTPC’s total installed capacity now reaches 83,696 MW.

Dalmia Bharat: Asset Attachment by ED

The Enforcement Directorate (ED) has temporarily attached land and assets valued at Rs 793 crore belonging to Dalmia Bharat’s subsidiary, DCBL.This action is linked to a 2011 CBI case alleging irregularities in investments made in Bharathi Cement.

Motilal Oswal Financial Services: Investment in Kusumgar

A subsidiary of Motilal Oswal Financial Services acquired 10,95,890 CCPS and 16.43 lakh shares in Kusumgar for Rs 100 crore. This strategic investment signals confidence in Kusumgar’s growth potential.

Camlin fine Sciences: Fundraising Plans

The board of Camlin Fine sciences is scheduled to meet on September 29th to consider a proposal for raising funds through a private placement of shares. A preferential share swap concerning the vinpai acquisition is also under review.

Cipla: Q2 Results Review

Cipla’s board is set to convene on October 30th to review the company’s financial performance for the second quarter (Q2) of the fiscal year.

Torrent Pharmaceuticals: Commercial Paper Issuance

Torrent Pharmaceuticals has issued commercial papers amounting to Rs 200 crore, indicating its short-term funding needs.

Did You Know? India is projected to become the world’s third-largest economy by 2030, according to various reports, highlighting the increasing meaning of its stock market and corporate performance.

Understanding Market Volatility

market fluctuations are a normal part of investing. Several factors can contribute to volatility, including economic data releases, geopolitical events, and company-specific news. Diversifying your investment portfolio and adopting a long-term perspective are crucial strategies for navigating market downturns. Understanding your risk tolerance is also key to making informed investment decisions.

Frequently Asked Questions About Indian Stock Markets

• What factors influence the Indian stock market? The Indian stock market is influenced by a complex interplay of global economic trends, domestic policies, corporate earnings, and investor sentiment.
• What is a block deal in the stock market? A block deal is a large transaction involving a substantial number of shares,typically executed off the exchange floor to minimize price impact.
• How do FDA approvals impact pharmaceutical companies? US FDA approvals are critical for pharmaceutical companies as they allow them to market and sell their products in the lucrative US market.
• What are Public Sector Undertakings (PSUs) in India? PSUs are companies in which the Indian government holds a majority stake, often playing a significant role in key sectors like defence, energy, and infrastructure.
• What is a trademark violation lawsuit? A trademark violation lawsuit arises when a company or individual uses a trademark that is confusingly similar to another party’s registered trademark, potentially causing market confusion.

What are your thoughts on these market shifts? Do you anticipate further declines, or a potential recovery? Share your insights in the comments below!

what are the key growth drivers for Polycab India, and how do thay align with broader economic trends?

Key Stocks too Watch: BEL, HAL, Polycab, Radico Khaitan, NTPC, and Other Market Standouts in Focus

Bharat Electronics Limited (BEL): Defense Sector Strength

BEL, a Navratna PSU, continues to be a strong pick for investors interested in the defense stocks sector. Recent government initiatives promoting indigenous defense manufacturing – the “Make in India” campaign – directly benefit BEL.

* Key Highlights: Order book exceeding ₹60,000 crore, strong revenue growth, and a focus on emerging technologies like AI and cybersecurity.

* Financial Performance: Consistent profitability and a healthy return on equity (ROE).Investors should monitor contract execution and technological advancements.

* Investment Rationale: Long-term growth potential driven by increasing defense spending and technological innovation. Consider this a core holding for a diversified stock portfolio.

Hindustan Aeronautics Limited (HAL): Aviation & Aerospace Growth

HAL, another key PSU, is witnessing importent traction due to increased demand for its aerospace and defense products. The company is a major player in the manufacturing of helicopters, fighter jets, and other aviation components.

* Order Book & Expansion: A robust order book, including contracts for the Light Combat Aircraft (LCA) Tejas and helicopters, fuels future growth. Expansion into new areas like unmanned aerial vehicles (UAVs) is also promising.

* Government Support: Strong government backing and strategic partnerships enhance HAL’s capabilities.

* Risk Factors: Dependence on government orders and potential delays in project execution are key risks to consider. HAL share price is sensitive to geopolitical events.

Polycab India: Wiring & Cables Leader

Polycab india is a leading manufacturer of wires and cables,benefiting from the infrastructure development and housing boom in India.

* Market Position: Dominant market share in the wires and cables segment,coupled with a growing presence in fast-moving electrical goods (FMEG).

* growth Drivers: Increased demand from the power sector, residential construction, and industrial projects. The company’s focus on innovation and quality is a competitive advantage.

* Financials: Strong revenue growth, improving margins, and a healthy balance sheet. Polycab stock is considered a stable investment option.

Radico Khaitan: Premium Spirits & Innovation

Radico Khaitan, a leading Indian spirits company, is gaining market share with its premium brands and innovative product offerings.

* Brand Portfolio: A diverse portfolio including Rampur Single Malt Whisky, Magic Moments Vodka, and 8PM whisky.

* Growth Strategy: Focus on premiumization,expanding distribution networks,and introducing new products. The company is also exploring opportunities in the international market.

* Industry Trends: The Indian alcoholic beverage industry is witnessing a shift towards premium brands, benefiting companies like Radico Khaitan. Radico Khaitan share price reflects this positive trend.

NTPC Limited: Powering India’s Growth

NTPC, India’s largest power generating company, remains a crucial player in the country’s energy sector.

* Diversification into Renewables: NTPC is aggressively expanding its renewable energy portfolio, including solar and wind power projects. this diversification is crucial for long-term sustainability.

* Capacity Expansion: continuous capacity addition to meet the growing energy demand in India.

* Government Policies: Supportive government policies promoting renewable energy and energy efficiency benefit NTPC. NTPC stock is often seen as a defensive investment.

Other Market Standouts: A Quick Look

Beyond these key stocks, several other companies are worth monitoring:

* Larsen & Toubro (L&T): Infrastructure giant benefiting from government spending on infrastructure projects.

* Tata Consultancy Services (TCS): Leading IT services company with strong growth prospects.

* Reliance Industries (RIL): Diversified conglomerate with interests in energy, petrochemicals, and retail.

* ICICI Bank: A leading private sector bank with strong financial performance.

* HDFC Bank: Another major private sector bank known for its asset quality and customer service.

Understanding Market capitalization & Investment Strategies

When evaluating these stocks, consider their market capitalization (large-cap, mid-cap, small-cap) and align your investment strategy accordingly.

* Large-Cap Stocks: Generally considered less risky and offer stable returns (e.g., NTPC, reliance).

* Mid-Cap Stocks: Offer higher growth potential but also come with higher risk (e.g., Polycab, Radico Khaitan).

* Small-Cap Stocks: Highest growth potential but also the highest risk.

Benefits of Diversification

Diversifying your investment portfolio across different sectors and companies is crucial for mitigating risk. Don’t put all your eggs in one basket.A well-diversified portfolio can definately help you achieve your financial goals while minimizing potential losses.