Market attention shifts to tech and healthcare today as IZMO surges 10% on new AI packaging deals and strong quarterly numbers. Gland Pharma rallies after clearing USFDA inspection with zero observations, while Hero MotoCorp deepens its EV bet by increasing its Ather stake. Here’s what’s moving.

Gland Pharma

• Regulatory: VSEZ sterile oncology facility cleared USFDA inspection with zero Form 483 observations from August 24 to September 1, underscoring robust quality systems. Stock closed at ₹2,875.00 in the previous session, down 0.37%.
• Earnings: FY26 net profit surged 47% YoY to ₹10,273 million as consolidated revenue rose 14% to ₹64,307 million. EBITDA grew 28% to ₹16,295 million with margins expanding to 25%.
• Corporate action: Shareholders approved FY26 results and reappointed directors Wenjie Zhang and Wei Huang, though public-institutional investors opposed the latter appointments.

L&T Finance

• Regulatory: Received perpetual IRDAI certificate as Composite Corporate Agent, authorizing distribution of both life and non-life insurance products. Stock closed at ₹309.05 in the previous session, down 3.72%.
• Strategy: The permanent authorization allows the company to act as an intermediary for multiple insurers, expanding its distribution network beyond traditional finance offerings.

Antelopus Selan Energy

• Order Book: Won two onshore exploration blocks in Andhra Pradesh and Gujarat under the Discovered Small Fields Bid Round-IV. Stock closed at ₹792.65 in the previous session, up 1.06%.
• Exploration: The awards expand the company’s upstream portfolio in key hydrocarbon-rich regions, supporting long-term production growth targets.

Sharda Motor

• Capex: Advanced ₹18,000 CPV expansion via Donghee Technical License Agreement and operationalized a new manufacturing plant in Uttarakhand. Stock closed at ₹884.30 in the previous session, up 0.16%.
• Corporate action: Proposed ₹20 per share final dividend for FY26; AGM scheduled for September 24. Ajay Relan recommended for reappointment as Executive Chairperson.
• Sustainability: Filed FY26 sustainability report showing improved LTIFR for workers (0.41) despite higher energy consumption and waste generation.

IZMO

• Product launch: Commercialised silicon photonics packaging operations targeting direct rollout of AI-driven hardware products, aligning with deep tech growth objectives. Stock closed at ₹916.30 in the previous session, up 10.00%.
• Earnings: Q1FY27 net profit more than doubled to ₹12.20 crore as revenue grew 15.7% to ₹65.38 crore. Operating EBITDA surged 69.6% to ₹16.39 crore.
• Defence: Began shipments of indigenous 40 GHz RF package for defense and aerospace applications, featuring minimal parasitic effects for secure communications.

NMDC

• Production: August iron ore output rose 13.7% YoY to 4.07 million tonnes, driven by Chhattisgarh and Karnataka regions. Cumulative production reached 23.23 million tonnes. Stock closed at ₹85.69 in the previous session, down 2.85%.
• Management: Ashish Chatterjee stepped down as Government Nominee Director effective August 24; Abhijit Narendra remains the sole government nominee.
• Corporate action: Scheduled 68th AGM for September 28 with proposed ₹1 per share final dividend; record date fixed as October 5.

EMS

• Order Book: Emerged as L-1 bidder for ₹218.65 crore Rajasthan sewage project and secured ₹20 crore NHAI contract for Bartana Fee Plaza user fee agency. Stock closed at ₹372.40 in the previous session, down 0.63%.
• Earnings: Consolidated revenue fell 24.6% YoY to ₹73,274.72 lakhs in FY26, but post-March order inflows exceeded ₹1,000 crore. Final dividend of ₹1.50 per share proposed.

Welspun Corp

• Deal: Signed MOU with Perma-Pipe for Jordan pipe JV to support National Water Carrier Project; incorporated Welspun Slagexcel for GGBS manufacturing. Stock closed at ₹2,553.60 in the previous session, up 6.80%.
• Block Deal: Welspun Investments sold 60 lakh shares (2.27%) via block deal, reducing promoter group holding from 49.73% to 47.46%. Balkrishan Goenka Trustee remains largest holder.

Sri Lotus Developers & Realty

• Deal: Co-subsidiary appointed as developer for premium residential project in Mumbai’s active redevelopment market. Stock closed at ₹179.18 in the previous session, down 2.01%.
• Corporate action: Recommended ₹0.30 interim dividend for FY27 with record date September 11; AGM scheduled for September 29.

Hero Motocorp

• Deal: Completed ₹1,758 crore purchase of 1.188 crore Ather Energy shares, raising stake to ~32.8%; also invested ₹960 crore via convertible warrants. Stock closed at ₹5,555.00 in the previous session, up 1.93%.
• Sales: August dispatches of 568,398 units missed estimates of 590,000 but grew 19% YoY. Domestic ICE segment saw 18% retail growth; VIDA EV units dispatched 25,558.
• Management: Appointed Suresh Kumar P as Chief Digital & Information Officer effective August 31, bringing ~20 years of tech experience.

Bharat Wire Ropes

• Guidance: Targets plant efficiency of 72,000 MTPA to maximize output from existing manufacturing infrastructure. Stock closed at ₹174.18 in the previous session, down 4.14%.
• Sustainability: Filed FY26 BRSR reporting zero safety incidents; particulate matter emissions fell sharply while SOx levels increased.

Sical Logistics

• Order Book: Secured ₹534.73 crore order from Central Coalfields for HEMM hiring in coal extraction over five years, equaling 404% of average quarterly revenue. Stock closed at ₹98.77 in the previous session, down 2.24%.
• Promoter pledge: Released pledge on 41.17% promoter stake after loan repayment to Aditya Birla Capital, Arka Fincap, and Piramal Finance.

Western Carriers

• Order Book: Secured 15-year concession for General Cargo Terminal at Kolkata Dock System with ₹13.68 crore capex for civil infrastructure. Stock closed at ₹84.90 in the previous session, up 1.06%.
• Corporate action: 15th AGM scheduled for September 30, 2026.

Bottom Line

Tech and healthcare lead sentiment today with IZMO’s AI push and Gland Pharma’s regulatory win driving gains. Meanwhile, heavy order inflows in logistics and infrastructure provide counterbalance to softer auto sales data. Watch F&O activity around Hero MotoCorp’s Ather integration.