Three stocks are in the F&O ban today, while LIC Housing Finance tops the possible entrants list with 123.22% MWPL utilisation.

Stocks in F&O ban today

Bandhan Bank recorded the largest increase in MWPL utilisation among banned stocks, rising 5.52 pp to 87.52% from 82.00% in the preceding session. Steel Authority of India saw a modest rise of 1.20 pp to 92.20%, while Manappuram Finance registered a decrease of 5.30 pp to 81.70%.

Recent news around ban-listed stocks

Steel Authority of India reported a 139% year-on-year jump in net profit to ₹1,636 crore for Q1FY27, driven by higher sales prices and an expanded EBITDA margin of 16.7%. The company also announced non-deal roadshows scheduled for September 23 and 24 in Mumbai to engage prospective investors and analysts.

Bandhan Bank hosted institutional investor meets as part of the J.P. Morgan India Conference 2026 on September 21 and the Jefferies India Forum 2026 on September 17. These sessions included participation from major asset management firms and capital groups.

Possible F&O ban entrants

LIC Housing Finance recorded the highest T-1 MWPL utilisation at 123.22%, well above the 95% threshold, following a sharp increase of 30.22 pp. Crompton Greaves saw the largest decrease in utilisation, falling 6.22 pp to 74.78%. Among other notable moves, Patanjali Foods surged 7.96% in price while its MWPL utilisation rose 24.27 pp to 92.27%.

Possible entrants and recent developments

Kaynes Technology India is targeting a $1-billion OSAT expansion under its Semicon 2.0 initiative, aiming for ₹250-300 crore in semiconductor revenue. The company recently reported significant customer inquiries and anticipates achieving 90% capacity utilisation soon, alongside hosting investor meets in Sanand.

Patanjali Foods faces operational challenges with weak rural demand and sluggish sunflower oil sales, citing margin pressure of 90% and poor monsoon conditions. A prohibition order was issued for a specific batch of Sunrich Refined Sunflower Oil due to TBHQ levels exceeding permissible limits, though the company stated no material financial impact beyond the batch value.

Inox Wind has scheduled investor meetings for September 21 and 28 to present Q2FY27 results. The engagements include appearances at the Anand Rathi G-200 Summit and Arihant Capital Markets conference.

Ambuja Cements is hosting analyst and investor meetings on September 24 and 25 in Ahmedabad and Mumbai. These interactions coincide with major conferences including JP Morgan and Anand Rathi events, focusing on publicly available information.

LIC of India confirmed that no unpublished price-sensitive information was shared during investor meets held on September 18 and 21. Corporate presentations from these sessions are available on the company website.

Canara Bank received NSE listing approval for ₹2,042 crore in AT1 bonds carrying a fixed coupon rate of 8.10%. The bank also received RBI approval to exercise a call option on ₹1,500 crore of its AT1 bonds and credited ₹159.80 crore as annual interest.

NMDC outlined a roadmap to achieve net zero operational emissions by 2047, aiming for at least a 90% reduction in Scope 1 and 2 emissions through six strategic pillars and current initiatives including wind and solar installations.

Understanding MWPL and the table

• MWPL is the maximum aggregate open interest permitted in a stock's derivatives.
• A stock enters the F&O ban when aggregate open interest exceeds 95% of MWPL; while it is in ban, participants may only reduce existing positions.
• Normal trading resumes when aggregate open interest falls to 80% of MWPL or below.
• T-1 is the latest completed trading session, T-2 is the preceding completed session, and Change (pp) is T-1 MWPL utilisation minus T-2 MWPL utilisation in percentage points.