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Stocks in Focus as IPOs List and Companies Announce Updates

Stocks in Focus as IPOs List and Companies Announce Updates
GIFT Nifty down 45 pts; Adani shares, Hero Motors, Persistent, IRB Infra, among top stocks in focus · businesstoday.in

The report lists companies that investors may watch in the stock market.

GIFT Nifty was trading 45 points lower.

Three companies are expected to list their shares on September 23.

Their IPOs received different levels of investor demand.

SEBI settled proceedings involving five Adani Group companies for Rs 1.51 crore.

Persistent Systems bought a majority stake in Nagarro SE and plans to delist it.

Other companies reported plans involving land, fundraising, cargo volumes and leadership.

Lemon Tree Hotels also opened its first hotel in Nashik.

Key facts

Market indicator
GIFT Nifty was down 45 points.
Scheduled listings
Hero Motors, SS Retail and Jindal Supreme (India) are scheduled to list on September 23.
IPO proceeds
Hero Motors raised Rs 1,000 crore, SS Retail raised Rs 500 crore and Jindal Supreme (India) raised Rs 125 crore.
Adani settlement
SEBI settled proceedings involving five Adani Group companies for a total of Rs 1.51 crore.
Persistent acquisition
Persistent Systems secured 61.15% of Nagarro SE's outstanding share capital and plans to delist it from the Frankfurt Stock Exchange.
Allcargo volumes
Allcargo Terminals reported August 2026 volumes of 65,600 TEUs, up 6% year on year and 5% month on month.
Leadership change
Aashish Agarwal is scheduled to become CEO of 360 ONE WAM on February 15, 2027, while Karan Bhagat remains managing director.

Sources

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