Stocks to watch, Sept 15: HDFC Bank, Tata Group stocks, TCS, Infosys, HFCL, BHEL, Piramal Pharma, Emami

The domestic stock market is expected to open higher on Tuesday, September 15, after a long weekend. The GIFT NIFTY futures suggest that the NIFTY50 index will open 34 points higher.

Here is a list of stocks that may remain in focus.

HDFC Bank: Shares will be in focus as, a fortnight after incumbent Sashidhar Jagdishan opted out of the race to continue as HDFC Bank’s managing director and chief executive, the largest private sector lender on Saturday sent names of two candidates as prospective successors to the Reserve Bank.

HDFC Bank also announced changes to its board, increasing the number of whole-time directors to four from the present three, and also appointing chief credit officer Jimmy Tata as a whole-time director, as per an exchange notification.

IT stocks: Shares of IT sector firms such as TCS, Infosys, HCLTech, among others, are expected to be in the spotlight as on September 14, 2026, Anthropic CEO Dario Amodei called for a slower pace of frontier AI development, citing growing safety risks. OpenAI CEO Sam Altman and other major AI leaders have also backed a more cautious approach. The debate has already hit global AI stocks, with Nvidia falling 3.4% and SoftBank dropping 10.7% on Monday.

Tata Group stocks: Tata Investment Corporation, Tata Chemicals and Tata Motors are expected to be in focus as these Tata Group companies collectively hold a stake in Tata Sons. The potential listing of Tata Sons could bring price discovery and value unlocking for these holdings.

The Reserve Bank has rejected Tata Sons’ application to surrender its core investment company registration, killing the Tata Group holding company’s attempt to avoid a mandatory stock-market listing and setting the stage for it to become publicly traded.

Raymond: Shares of Raymond Ltd are expected to be on investors’ radar on Tuesday, September 15, as the company’s aerospace subsidiary bagged significant new multi-programme aerospace orders from a leading Indian aerospace and defence major during the quarter.

Oil-sensitive stocks: Shares of oil and gas companies, including ONGC and Oil India, are likely to remain in focus as elevated crude prices improve the realisation outlook for upstream producers.

In contrast, oil marketing companies (OMCs) such as Indian Oil Corporation, BPCL and HPCL could face margin pressure if higher crude costs are not fully passed on to consumers.

Higher input costs could also weigh on paints and tyre companies, including Asian Paints, Berger Paints, Indigo Paints, MRF, Apollo Tyres and JK Tyre.

Aviation stocks such as IndiGo and Air India-linked entities could also remain under pressure as jet fuel costs rise, while Reliance Industries could see mixed implications given its upstream oil and refining businesses.

The broader market could also track the impact of higher crude on inflation, the rupee and corporate input costs.

Trent: Tata Group retail firm Trent Ltd on Saturday said its value-fashion retail chain Zudio has crossed the 1,000-store milestone in the country.

Zudio offers affordable propositions and has expanded rapidly since its launch in 2016, according to a regulatory filing by Trent.

The brand’s network now spans over 300 cities and has served more than 100 million customers over the past decade, the company said.

HFCL: Telecom gear maker HFCL has enhanced capital expenditure to ₹1,800 crore to increase production capacity of optical fibre, optical fibre cable and preform used for making these products, a company filing said on Monday.

The company board has approved additional capacity expansion of 46 lakh fibre kilometres (Kms) per annum for optical fibre, 56.4 lakh fibre Kms per annum for optical fibre cable and 300 metric tonnes (MT) per annum for preform, the filing said.

“The additional capital expenditure for the proposed capacity expansion is estimated at approximately Rs 820 crore. The investment will be funded through an appropriate mix of internal accruals, proceeds from the preferential issue of warrants already issued to the promoter, promoter group entity, borrowing from financial institutions…,” the filing said.

Piramal Pharma: Piramal Pharma Limited’s Morpeth facility in the UK has received seven observations after an inspection by the US Food and Drug Administration (US FDA), according to a regulatory filing.

The US FDA conducted the inspection at the facility from September 3-11, 2026, the company said in the filing.

“At the conclusion of the inspection, the USFDA issued a Form 483 with 7 observations. These observations are related to enhancements in our practices, procedures and documentation,” Piramal Pharma stated.

The company said it is addressing these observations and preparing a detailed response for submission to the USFDA within the stipulated timeline.

Piramal Pharma added that it remains committed to maintaining the highest standards of compliance and will work closely with the agency to address all observations comprehensively.

Vodafone Idea (VIL): Amid concerns raised by Bharti Airtel and Reliance Jio over rival Vodafone Idea’s alleged attempts to nudge telecom customers to switch to its network, Trai Chairman AK Lahoti on Monday said the regulator will examine representations it has received from operators.

In response to a PTI query, Vodafone Idea (VIL) said it believes in fair competition and competes on the strength of its products and customer value, and maintained that it conducts business in compliance with the law.

Put simply, MNP, or mobile number portability, allows telecom users to switch from one operator to another without changing the mobile number.

According to reports, concerns were raised by telcos over Vodafone Idea’s alleged practices aimed at coaxing customers to switch networks.

BHEL: State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) on Monday said that its board has approved further equity investment of ₹65 crore in NTPC BHEL Power Projects, a joint venture with NTPC Ltd.

The main objective of the JVC is to carry out EPC contracts for power plants and other infrastructure projects, as well as manufacture and supply of equipment in India and abroad.

“The Board of Directors in its Meeting held today (September 14, 2026) has, inter alia, approved further investment of ₹65 crore (in one or more tranches) as BHEL’s equity contribution in NTPC BHEL Power Projects Private Limited (NBPPL), BHEL’s Joint Venture with NTPC Ltd,” an exchange filing said.

NBPPL is a joint venture company of BHEL and NTPC Limited with 50:50 equity shareholding.

The equity investment will be made at the face value by both the promoter companies, and the same is done at arm’s length.

SJVN: SJVN has started commercial electricity supply from 660 MW Unit-II of the Buxar thermal power project, its CMD Bhupender Gupta said on Monday.

The supply began at midnight on Friday last week, making the entire 1,320 MW capacity fully operational, SJVN said.

“CMD Bhupender Gupta today commemorated the commercial operation of Unit-II of 1320 MW Buxar Thermal Power Project in Bihar,” the company said.

According to SJVN, the 660 MW Unit-I of the Buxar project started commercial supply of electricity on November 14, 2025.

The Buxar Thermal Power Project, located in Chausa, Buxar district, Bihar, has been implemented by SJVN Thermal Private Limited, a wholly-owned subsidiary of the company.

Coforge: IT services firm Coforge Ltd has engaged global executive search firm Egon Zehnder to recruit two additional independent directors, interim Chairperson Vivek Sharma said on an investor call on Monday, days after its Chairman and Nomination and Remuneration Committee head quit after an internal audit finding.

Sharma told investors that the company had already seen significant interest from candidates in India and abroad.

Earlier this week, Coforge’s non-executive independent director and Nomination and Remuneration Committee Chairperson DK Singh resigned, alleging “differences and tension” between independent and executive directors.

Emami: Homegrown FMCG major Emami on Monday said its board will meet this week to consider a buyback of the company’s fully paid-up equity shares.

The Kolkata-headquartered company did not disclose the size or price of the proposed buyback.

“Notice is hereby given… that the meeting of the Board of Directors of the Company is scheduled to be held on September 17, 2026, to consider, inter alia, a proposal of buyback of the fully paid-up equity shares of the company, including matters related/incidental thereto,” Emami said in a regulatory filing.

The company said it will intimate the stock exchanges of the outcome of the board meeting after its conclusion on September 17.

Bank of Baroda (BoB): Public sector lender Bank of Baroda has integrated a voice-command feature into its mobile app, enabling users to initiate and execute payment transactions verbally.

The artificial intelligence-powered ‘bob World 2.0’ app also has a personal finance management module, which lets a customer get a holistic view of finances to improve financial wellness, according to a statement.

“Customers expect experiences that are intuitive, intelligent, secure and highly personalised. With bob World 2.0, we have reimagined mobile banking around our customers’ needs,” the bank’s managing director and chief executive Debdatta Chand said.

The new app has a ‘voice-enabled payments and navigation’ capability, letting users initiate transactions and access functionalities through voice commands and the finance module, the statement said.

Info Edge (India) Ltd: Info Edge (India) Ltd on Monday announced top-level leadership changes, including the appointment of Himanshu Agarwal as its Chief Financial Officer (CFO) and Whole-time Director, and the induction of former Adobe India MD Naresh Chand Gupta as an Independent Director.

According to a regulatory filing, Agarwal’s appointment is effective from September 17, 2026.

Ambarish Raghuvanshi, who had stepped in as Interim CFO in November 2025, will continue to serve as a Finance Advisor and Senior Management Personnel until October 31, 2026, to assist with the transition.

The company has also appointed Naresh Chand Gupta as an Additional Director, designated as a Non-Executive Independent Director for a five-year term effective from October 1, 2026.

Solar Industries: Solar Industries India Ltd on Monday said it will acquire South Africa’s Omnia Holdings Ltd for nearly ₹13,000 crore as it seeks to become a global leader in explosives and blasting solutions.

Nagpur-based Solar Group manufactures industrial explosives and initiating systems. It caters to customers across mining, infrastructure, construction, defence and space sectors. The group has a presence in the South African market.

Omnia Holdings is a diversified global group with complementary chemical and specialised businesses serving customers across the mining, agriculture and chemicals sectors.

In a regulatory filing, Solar Industries India said its arm, Solar SA Investments Proprietary Ltd, and Omnia Holdings have signed definitive agreements for this deal.

Maruti Suzuki India (MSIL): Maruti Suzuki India on Monday said cumulative exports of the Made-in-India Jimny 5-door, Fronx, and e Vitara to Japan have surpassed 1 lakh units.

Maruti Suzuki India began exporting the Fronx to Japan, one of the world’s most competitive and advanced automobile markets, in August 2024, followed by the Jimny 5-door in December 2024.

The Company’s first Battery Electric Vehicle (BEV), e Vitara, joined this export portfolio in September 2025, further strengthening India’s role as a global manufacturing hub for Suzuki.

Jimny 5-door and e VITARA are manufactured exclusively in India.

KEC International: KEC International on Monday said it has secured new orders worth ₹1,303 crore across various businesses.

According to a company statement, its transmission & distribution (T&D) business has secured orders for projects across India, the Middle East and the Americas.

This includes 400 kV Transmission lines in Northern India; 380 kV Transmission lines in Saudi Arabia; and supply of towers, hardware and poles in the Americas.

Besides, the company’s cables & conductors business has secured various orders in India and the overseas market.

Vimal Kejriwal, MD & CEO, KEC International said the outlook for our T&D business remains robust, driven by these orders, a large pipeline of opportunities and sustained demand across our key markets.

“With these orders, our year-to-date order intake stands at over ₹7,600 crore. These orders will play a key role in driving our targeted growth going forward,” he said.

KEC International, flagship Company of the RPG Group, is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has a footprint in 110+ countries.

Indian Bank: Indian Bank’s plans to enter the life insurance and asset management segments are progressing as planned, and it would soon approach the board for approval, the bank’s MD and CEO Binod Kumar said.

The lender is currently in the process of seeking approval from its board for the proposed subsidiaries or joint ventures, following which other necessary processes will be initiated, Kumar told PTI in an interview.

Regarding entry into the life insurance and asset management space, he said, “It is very much on track. We are in the process of seeking board approval and thereafter initiate other relevant regulatory and administrative processes.”

Kumar said identifying the right partner would be a crucial part of the exercise, as a strong partner can help accelerate wealth creation.

ITC: Diversified conglomerate ITC expects consumer spending on its flagship food brand Aashirvaad to double to ₹20,000 crore over the next five years, from around ₹10,000 crore currently, as it expands into newer food categories and adjacent segments, a senior company official said.

The company is amplifying Aashirvaad’s play with a two-pronged strategy for the brand — strengthening its core atta (wheat flour) business while expanding into adjacent categories such as ready-to-cook foods and frozen snacks, said Hemant Malik, Chief Executive Officer, Foods Division, and Executive Director, ITC Ltd.

With inputs from PTI

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.