Stocks to Watch Today September 28, 2026: Adani Power, SAIL, Power Grid & More - OneTrader
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Stocks to Watch Today September 28, 2026: Adani Power, SAIL, Power Grid & More

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Several companies reported important corporate developments over the weekend, including mergers, new business agreements, fundraising plans, acquisitions, manufacturing updates and regulatory developments. These company-specific announcements could keep a number of stocks in focus during Monday’s trading session.

FII/DII Activity

The latest available institutional activity for Friday, September 25, showed continued foreign institutional selling while domestic institutions remained net buyers.

InvestorGross PurchaseGross SaleNet Flow
FII₹12,327.36 crore₹16,021.29 crore-₹3,693.93 crore
DII₹14,035.77 crore₹11,197.60 crore+₹2,838.17 crore

Quick Summary

StockWhy It Is in Focus
Adani PowerCompleted merger of 10 wholly owned subsidiaries
SAILSigned MoU with BCCL for development of two coal blocks
Power GridApproved borrowing facility of up to ₹10,000 crore
CupidApproved conversion of up to 30 lakh warrants into equity
KPI Green EnergySubsidiary acquired 62.91% stake in DMG Energy
AequsApproved preferential issue of warrants worth about ₹650 crore
Sedemac MechatronicsStarted limited commercial production at new Pune facility
Unichem LaboratoriesUSFDA completed inspection of Goa facility
RCFApproved ₹797 crore order for ammonia plant revamp
Clean Max EnviroProposed ₹1,062.8 crore block deal for 7.25% stake

Adani Power

Adani Power has completed the merger of 10 wholly owned subsidiaries with the company as part of its group restructuring exercise. The merger became effective on September 25, 2026. The consolidation is a significant corporate restructuring development and brings the subsidiaries under the listed company, making Adani Power one of the key stocks in focus at the start of the week.

SAIL

Steel Authority of India Ltd. and Bharat Coking Coal Ltd. have signed a memorandum of understanding to jointly develop and operate two coal blocks in West Bengal. The agreement is focused on coal-resource development and could support SAIL’s raw-material security strategy. The development comes as SAIL remains closely linked to the domestic steel and coking-coal supply chain.

Also Read: Nifty 50 vs Global Markets: How Major Indices Performed Since September 27, 2024

Power Grid

Power Grid Corporation of India has approved a proposal to raise up to ₹10,000 crore through an unsecured rupee term loan or line of credit from State Bank of India. The proposed borrowing facility is part of the company’s financing plans and will be watched in the context of its ongoing transmission-network expansion and capital requirements.

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Cupid

Cupid’s board has approved the conversion of up to 30 lakh warrants into an equivalent number of equity shares of Baazar Style Retail Ltd., in one or more tranches. The development relates to the company’s investment in Baazar Style Retail and represents an important corporate-action update for investors tracking Cupid’s investment portfolio and capital allocation.

KPI Green Energy

KPI Green Energy’s subsidiary SDEL has completed the acquisition of 1,07,47,760 equity shares of DMG Energy Ltd. The transaction represents a 62.91% stake in DMG Energy’s paid-up equity share capital. The acquisition expands KPI Green Energy’s ownership exposure to the renewable-energy business and is an important corporate development for the company.

Aequs

Aequs has approved a preferential issue of up to 2,80,71,690 warrants to Mellwood Trustee Services Pvt. Ltd., the trustee of Melligeri Private Family Foundation and a member of the promoter group. The proposed issue is valued at approximately ₹650 crore. The size of the fundraising and the involvement of a promoter-group-linked entity make this one of the key corporate announcements to track.

Also Read: Stocks to Watch Today: HCL Tech, Persistent, Cupid & More

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Sedemac Mechatronics

Sedemac Mechatronics has commenced limited commercial production at its newly established manufacturing facility in Shinde village, Khed taluka, Pune district, Maharashtra. The new facility represents an expansion of the company’s manufacturing capacity and marks an important operational milestone as production begins at the plant.

Unichem Laboratories

Unichem Laboratories is in focus after the United States Food and Drug Administration completed an inspection of the company’s formulation facility at Pilerne, Bardez, Goa. The inspection was conducted from September 21 to September 26. Investors will track any further regulatory communication or observations following the completion of the inspection.

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Rashtriya Chemicals and Fertilizers

Rashtriya Chemicals and Fertilizers has approved a purchase order worth ₹797 crore, excluding taxes, to Larsen & Toubro for the revamp of its ammonia plant. The order was awarded on the lowest-tender basis and has a 36-month execution period. The project is a significant plant-upgrade order for RCF and adds a major capital-project development to the company’s latest announcements.

Clean Max Enviro Energy Solutions

Clean Max Enviro Energy Solutions is in focus following reports of a proposed block deal involving Augment India Holdings. The transaction involves up to 85 lakh shares, representing a 7.25% stake, with the reported deal size at around ₹1,062.8 crore and a floor price of ₹1,250 per share. The sizeable stake transaction could result in increased trading activity and market attention around the stock.

Also Read: Stocks to Watch Today: Pine Labs, Waaree Energies, GRSE & More

The latest corporate announcements give investors several company-specific developments to track on September 28, ranging from restructuring and fundraising to acquisitions, manufacturing expansion, regulatory developments and large project orders. The FII/DII activity also remains an important data point, with foreign investors recording net selling of ₹3,693.93 crore while domestic institutions recorded net buying of ₹2,838.17 crore on September 25.

Disclaimer: This article is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any stock. Onetrader is not a SEBI-registered investment adviser. Investors should conduct their own research and consult a qualified financial adviser before making investment decisions.

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