Stocks to Watch Today: Gland Pharma, Power Grid, Rail Vikas Nigam and Others (September 4, 2026)

Indian equities are likely to see stock-specific action today as investors track block deals, new orders, strategic partnerships, project wins, investments and corporate developments. 

Several companies have also reported developments involving new contracts, manufacturing expansion, technology partnerships and regulatory matters, which could influence trading activity during the session. 

Gland Pharma Ltd 

Fosun Pharma Industrial is likely to sell a 5% equity stake in Gland Pharma through a block deal. The offer size is pegged at ₹2,279.5 crore, with the floor price set at ₹2,763 per share, according to reports. 

Power Grid Corporation of India Ltd 

Power Grid Corporation of India has received a Letter of Intent worth ₹1,152.49 crore to establish an inter-state transmission system for integrating power from renewable energy projects in Lakadia Renewable Energy Zone, Gujarat. The project includes a new 765/400 kV Lakadia-II substation and will be executed under the Build, Own, Operate and Transfer model. 

Rail Vikas Nigam Ltd 

Rail Vikas Nigam has emerged as the lowest bidder for a contract worth ₹404.88 crore from East Coast Railway. The development is expected to support the company’s order book and keep the stock in focus. 

Shanthi Gears Ltd 

The board of Shanthi Gears has appointed Sai Krishna Alluri as the Chief Financial Officer with immediate effect. Sukanta Kumar Panigrahi has consequently ceased to be the Interim CFO. 

Max Healthcare Institute Ltd 

Max Healthcare Institute has approved an additional investment of around ₹87.87 crore through subscription to equity shares on a rights basis in Kalinga Hospital, its subsidiary. 

Cipla Ltd 

Cipla’s subsidiary Invagen Pharmaceuticals Inc. has entered into a strategic partnership with Qilu Pharmaceutical Co. for the exclusive licensing and supply of QL2107, a biosimilar to Keytruda (pembrolizumab), in the United States. Qilu will handle development, regulatory registration and supply, while Cipla USA will commercialise the product in the defined territory. 

Cohance Lifesciences Ltd 

Cohance Lifesciences has announced two proposed transactions to strengthen its antibody-drug conjugate strategy. The company plans an additional investment of $13 million in NJ Bio and a controlling investment of $5 million in Aruka Bio. Both transactions will be funded through internal accruals. 

Avalon Technologies Ltd 

Avalon Technologies and European electronics manufacturing services company Zollner Elektronik AG have announced the formation of a joint venture in India. The venture will focus on PCBA, box-build and system-integration manufacturing. 

WeWork India Management Ltd 

WeWork India Management’s board has given in-principle approval to establish a 10 MWp captive solar power plant in Karnataka. The project is aimed at lowering electricity costs, increasing renewable energy usage and supporting the company’s sustainability objectives. 

Read More: India’s Economy Expands 7.8% in Q1 FY27 As Services and Fixed Investment Drive Growth! 

Welspun Investments and Commercials Ltd 

The board of Welspun Investments and Commercials has approved an infusion of up to ₹1,285 crore into Vishwakarma Realty through subscription to compulsorily convertible debentures and optionally convertible debentures. Vishwakarma Realty will also invest up to ₹1,000 crore in promoter group company Indivara Realty through optionally convertible debentures. 

Ramco Systems Ltd 

Ramco Systems has signed a Memorandum of Understanding with Safran Helicopter Engines to work on the integration of Safran’s engine data with Ramco Aviation Software. The partnership is aimed at enabling smoother use of engine data within aviation software systems. 

Sterlite Technologies Ltd 

Sterlite Technologies’ board has approved a capital expenditure of ₹3,000 crore for its existing manufacturing facility. The investment comes amid global demand for optical fibre cables and connectivity solutions. 

RBL Bank Ltd 

RBL Bank has received a show-cause notice from the Assistant Commissioner, Delhi, proposing a GST demand of ₹164.13 crore, including applicable interest and penalty, for financial year 2022-23. The matter relates to an alleged mismatch in input tax credit reported in GST returns for the bank’s bullion business vertical. 

Meesho Ltd 

SVF II Meerkat (DE) LLC, owned by SoftBank Group through SoftBank Vision Fund, sold 8 crore Meesho shares, representing a 1.73% stake, for ₹1,650.4 crore at ₹206.3 per share. The shares were acquired by a group of global and domestic institutional investors. 

Clean Max Enviro Energy Solutions Ltd 

DSDG Holding ApS has sold 16.33 lakh shares in CleanMax, representing a 1.39% stake, for ₹199.3 crore at ₹1,220 per share. The shares were acquired by institutional investors including SBI Life Insurance, Mahindra Manulife Mutual Fund, ICICI Prudential Life Insurance, DSP India Fund and WhiteOak Capital MF. 

Knowledge Realty Trust 

Meera Goyal has acquired 28.31 lakh units, representing a 0.06% stake in Knowledge Realty Trust, from IIFL Management Services for ₹31 crore at ₹109.5 per unit. 

Updater Services Ltd 

SIS Limited has acquired an additional 10.12 lakh shares, representing a 1.51% stake in Updater Services, for ₹23.76 crore at ₹234.59 per share. During the current quarter, SIS has acquired a total 3.27% stake in the company. 

Advit Jewels Ltd 

Taurus Mutual Fund Flexicap Share Multi Cap sold 4.82 lakh shares, representing a 1.05% stake in Advit Jewels, for ₹11.63 crore at ₹241 per share. Ramesh Sawalram Saraogi bought 5 lakh shares, representing a 1.09% stake, for ₹12.14 crore at ₹242.92 per share. 

Bulkcorp International Ltd 

Chanakya Opportunities Fund I acquired an additional 1.08 lakh shares, representing a 1.43% stake in Bulkcorp International, at ₹75.59 per share. Care Wealth Advisors LLP exited the company by selling its entire 1.21% stake. 

Mainboard Listing Today 

ESDS Software Solution is set for a mainboard listing today, making the stock one of the companies to watch during the trading session. 

Priority Jewels is scheduled for a mainboard listing today and is likely to remain in focus as the stock begins trading on the exchange. 

SME Listing Today 

Paluck Technologies and Complete Sports & Management India are also set for an SME listing today, putting the company on the radar of market participants following its debut. 

Results Today 

Dhoot Transmission is scheduled to announce its quarterly results today. Molbio Diagnostics is expected to release its quarterly results on September 5, 2026. 

Conclusion 

Block deals, fresh orders, strategic partnerships, capital investments, new listings and corporate actions are likely to drive stock-specific movement in today’s trading session. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.