Infrastructure and healthcare dominate headlines today. Power Grid Corporation secures ₹4,396 crore in annual transmission bids, while Cipla expands its US oncology portfolio. Sical Logistics surges on a massive ₹534 crore Central Coalfields order. Here's what's moving.

Rail Vikas Nigam

• Order Book: Emerged as L1 for a ₹404.88 crore East Coast Railway project involving roadbed construction and electrification over 30 months. Stock closed at ₹209.30 in the previous session, up 1.60%.
• Management: Ajit Singh resigns as Pr. Executive Director due to superannuation effective September 1, 2026. Rakesh Bhalla is re-appointed as independent director for a three-year term.
• Regulatory: Fined ₹9.66 lakh by NSE for board composition non-compliance in Q4FY26, citing government-controlled appointment delays.

Indian Energy Exchange

• Volume Growth: Logged record monthly power volume of 13,938 MU in August 2026, up 20.2% YoY. Day-Ahead Market clearing prices rose 22% YoY to ₹4.88/unit amid higher buy bids. Stock closed at ₹119.15 in the previous session, up 0.24%.
• Market Trends: Term-Ahead Market volume surged 111.3% YoY to 1,765 MU, indicating stronger hedging demand among participants.

Sical Logistics

• Order Book: Secured a ₹534.73 crore order from Central Coalfields Limited for HEMM hiring in coal extraction, equaling 404% of average quarterly revenue. Stock closed at ₹108.88 in the previous session, up 5.00%.
• Corporate Action: Released pledge on 41.17% promoter stake after loan repayment to Aditya Birla Capital and others. Promoter Pristine Malwa maintains 73.5% stake.
• Corporate Action: Scheduled 71st AGM for September 30, 2026, with e-voting running from September 27 to 29.

Power Grid Corporation of India

• Deal: Won two major transmission bids: a ₹1,152.49 crore per annum project in Gujarat and a ₹3,244 crore per annum HVDC project. Stock closed at ₹265.60 in the previous session, down 0.45%.
• Acquisition: Acquired 100% stake in Fatehgarh II Transmission for ₹19.11 crore to install synchronous condensers.
• Management: Executive Director Vibhay Kumar stepped down due to superannuation on August 31, 2026.

Bharat Forge

• Earnings: FY26 net profit rose 19.4% YoY to ₹10,894 crore; revenue grew 11.2% to ₹168,117 crore. Defence order book stands at ₹111,967 crore. Stock closed at ₹1,981.00 in the previous session, down 2.50%.
• Deal: Subsidiary Kalyani Strategic Systems signed MoU with FN Herstal for local small arms manufacturing and with Thales for 70mm rocket assembly.
• Corporate Action: Kalyani Powertrain completed sale of 50% stake in Refu Drive GmbH to partner Refu Elektronik.

Ramco Systems

• Product Launch: Signed MoU with Safran Helicopter Engines for data integration automation, reducing manual entry in maintenance. Stock closed at ₹586.55 in the previous session, up 1.30%.
• Client Win: Ornge went fully paperless on maintenance tasks using Ramco’s digital tools. Implemented Ramco Payce for Cromwell Property Group in Australia.

Isgec Heavy Engineering

• Capex: Committed ₹502 crore in capex across Bhartoli, Dahej, and Muzaffarnagar sites, targeting ₹1,220 crore in incremental revenue. Stock closed at ₹771.10 in the previous session, down 0.83%.
• Regulatory: Filed FY26 BRSR sustainability report with exchanges on September 3, 2026.

UltraTech Cement

• Product Launch: Launched Ultravolt wires and cables business with ₹1,800 crore investment; Bharuch facility offers 1.1 million km capacity. Stock closed at ₹11,275.00 in the previous session, down 1.04%.
• Sustainability: Expanding EV fleet to 600+ trucks by December 2026, displacing 39 million litres of diesel annually.
• Earnings: Board meeting scheduled for October 19 to consider Q2 financial results.

Diamond Power Infrastructure

• Order Book: Secured ₹76.06 crore order for 66 KV EHV underground cables in Gujarat. Stock closed at ₹322.90 in the previous session, down 2.42%.
• Corporate Action: Fixed September 18 as record date for AGM; FY26 PAT grew substantially to ₹14,757 lakh from ₹3,473 lakh in FY25.
• Regulatory: Filed FY26 BRSR reporting 49% YoY drop in GHG emissions despite higher energy use.

Cipla

• Deal: Secured exclusive US rights for Keytruda biosimilar QL2107 via partnership with Qilu Pharmaceutical. Signed exclusive licensing deal for HER2 ADC TQB2102 in emerging markets. Stock closed at ₹1,394.70 in the previous session, down 1.28%.
• Regulatory: USFDA classified InvaGen Unit 3 inspection as Voluntary Action Indicated, indicating compliant standing.
• Corporate Action: NCLT approved amalgamation of Inzpera Healthsciences into Cipla.

Puravankara

• Land Bank: Added ₹15,200 crore GDV through 6 new land parcels, expanding Mumbai redevelopment portfolio. Entered JDA for 7.83-acre Bengaluru land with ₹1,100 crore GDV potential. Stock closed at ₹211.09 in the previous session, up 0.62%.
• Corporate Action: No dividend recommended for FY26 to fund expansion; AGM scheduled for September 25, 2026.

Dixon Technologies

• Strategy: Transitioning from pure assembly to design-led, component-driven EMS platform targeting high-margin industrial verticals. Stock closed at ₹14,445.00 in the previous session, down 0.99%.
• Investment: Promoters considering investment in Lava Mobiles amid new ₹62,500 crore government incentive programme for local phone brands.
• Corporate Action: Filed FY26 BRSR showing turnover of ₹3,93,048 lakh; plant count reduced to seven units.

Bottom Line

Infrastructure stocks are capturing attention with massive order wins from Power Grid and Rail Vikas Nigam, reflecting strong government capex execution. Meanwhile, Cipla’s aggressive expansion into US biosimilars signals growing confidence in Indian pharma’s global competitiveness. Traders should watch how these themes play out in early trading.