πŸ“Œ Morning Stock Watch – 23rd Sept 2025

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πŸš— Autos – Festive Tailwinds (+ve)

  • Hyundai: Record 11k dealer billings, best single-day in 5 yrs.

  • Maruti Suzuki: 80k enquiries, >25k cars delivered, may hit 30k β€” best response in 35 yrs.
    πŸ”‘ Festive demand keeps autos in focus.

πŸ— Infra & Capital Goods (+ve)

  • Sanghvi Movers, ACE: DGTR proposes 5-yr anti-dumping duty on Chinese cranes.

  • ABB, CG Power, Siemens, TD Power, Elgi Equip.: Duty on Chinese electrical steel; JSW & Tata Steel push green steel.

  • KEC Intl: β‚Ή3,243 cr orders (T&D UAE + towers US).

  • RVNL: L1 bidder for β‚Ή145 cr Southern Railway project.

  • Brigade Ent: JDA for 7.5-acre Bengaluru project (GDV ~β‚Ή1,200 cr).

πŸ— Cement & Materials (+ve)

  • JK Lakshmi: Surat grinding unit + debottlenecking lifts capacity to 18 MTPA.

  • Birla Corp (RCCPL): Preferred bidder for limestone & manganese block in Telangana.

πŸ’Š Pharma & Healthcare (+ve)

  • Dr. Reddy’s: EMA nod for Xgeva & Prolia biosimilars.

  • Shilpa Medicare: EU approval for Rivaroxaban ODFs.

  • Alkem Labs: Launches biosimilar Pertuza (HER2+ breast cancer).

  • Fortis: Goldman Sachs Singapore buys 2.19 lakh shares @ β‚Ή953.95.

πŸ“ˆ Financials & Services

  • Kfintech (Neutral): Denies promoter stake-sale.

  • Max Financial: Goldman Sachs Singapore picks 1.52 lakh shares @ β‚Ή1,561.70.

  • AU SFB (Neutral): Partners Zaggle for co-branded cards.

πŸ”‹ Industrials & Others

  • Amber Ent (+ve): Raises β‚Ή1,000 cr via QIP (Nomura, Invesco, HDFC MF in list).

  • Vedanta (-ve): Govt rejects Cambay basin extension.

  • Bharat Forge (-ve): Family feud intensifies (Hikal boardroom battle).

🏒 Real Estate & Consumer

  • PN Gadgil: Opens FOCO store in Pune; total 59.

  • Suraj Estate: Launches 29-storey tower at Dadar (GDV β‚Ή250 cr).

  • Electronics Mart: Opens 3 new Bajaj Electronics stores.

  • Tata Inv Corp (+ve): 1:10 share split; record date 14 Oct.

πŸ”‘ Trading Lens

  • High Conviction: Hyundai, Maruti, KEC Intl, JK Lakshmi, Brigade, Dr. Reddy’s, Alkem.

  • Buzz Plays: Pidilite (bonus), Piramal (record date), IPO listings.

  • Caution: Vedanta (contract rejection), Bharat Forge (family feud).