Stocks to Watch Tomorrow
With the Nifty 50 falling 1.20 per cent on Tuesday, three stocks stand out after fresh business updates: Positron Energy won an LNG tender, R R Kabel started production at a new unit, while Saatvik Green Energy secured a Rs 1,041.63 crore SECI order.
✨ મુખ્ય મુદ્દાઓ
Indian equity markets came under pressure on Tuesday after giving up their early gains. The Nifty 50 opened at 23,576.15 and moved up to 23,592.85 in early trade before selling pressure intensified.
The Nifty 50 declined 1.20 per cent to close at 23,118.60. The broader market also remained weak, with Mid-Cap and Small-Cap stocks facing selling pressure. Investors remained cautious amid higher crude oil prices, a weaker rupee and elevated US Treasury yields.\
Solar-bet-is-a-bigger-move-coming">Also Read - Shakti Pumps’ Rs 11 Crore Solar Bet: Is A Bigger Move Coming?
IT stocks were among the few bright spots during the session. The Nifty IT index gained, supported by buying in TCS, Infosys and other major IT stocks. However, gains in the IT sector were not enough to offset the broader market weakness.
Against this backdrop, here are three stocks that could remain in focus during Wednesday's trading session following key company developments.
1. Positron Energy Ltd
Positron Energy Ltd announced that it has successfully won a tender through a competitive bidding process for the spot supply of LNG during September 2026.
Under the tender, the Company will supply approximately 100,000 MMBTU of spot LNG. The estimated value of the supply is around Rs 25 crore, based on current prices.
R R Kabel Ltd announced the commencement of commercial production at its newly established manufacturing unit, Unit 3, for wires and cables.
Commercial production at the facility, located at Karad in Silvassa, commenced from September 15, 2026. The new unit is located close to the Company's existing manufacturing facilities in Silvassa.
The facility has a planned production capacity of 18,000 MT per annum. Of this, an operational capacity of 12,000 MT per annum has commenced. The remaining capacity is expected to be ready by December 2026.
Saatvik Green Energy Ltd announced that it has been awarded and has accepted an order from Solar Energy Corporation of India Ltd (SECI) for the supply of Solar PV Modules.
The order has an aggregate value of Rs 1,041.63 crore. According to the Company, the order is scheduled to be executed by December 2027.
Disclaimer: The article is for informational purposes only and not investment advice
