Indian Stocks in Focus for September 2, 2026
As the Indian equity market anticipates Wednesday's opening bell on September 2, 2026, a range of companies are poised to capture investor attention following significant corporate developments. From major IT services and renewable energy firms to manufacturing and financial institutions, these updates span contract renewals, project operationalizations, sales figures, and regulatory approvals.
Annu Projects Makes Market Debut
EPC solutions provider Annu Projects is set to list its shares on the stock market today. The company successfully raised Rs 175 crore through its initial public offering (IPO), which was open from August 25-28. The shares were priced at Rs 99 each, with the issue being nearly three times oversubscribed, attracting more than 1.42 lakh applications.
Wipro Renews ABB Digital Workplace Contract
IT solutions giant Wipro has extended its long-standing Digital Workplace Services agreement with ABB. Under the renewed contract, Wipro will continue to provide end-to-end AI-enabled digital workplace services for ABB's global operations, focusing on enhancing employee experience through advanced automation, AI-powered service capabilities, and workplace modernization initiatives.
Hero MotoCorp Reports August Sales
Two-wheeler major Hero MotoCorp announced its sales figures for August 2026, reporting a 2.65 percent year-on-year increase in total sales, reaching 5.68 lakh units. However, motorcycle sales saw a 1.5 percent year-on-year decline to 4.93 lakh units, and exports experienced a sharper drop of 24.6 percent year-on-year, totaling 26,093 units for the month.
Adani Green Energy Commissions New Solar Project
Adani Green Energy Twenty Six A, a wholly-owned step-down subsidiary of Adani Group's renewable energy arm, has operationalized a new 139 MW solar power project in Khavda, Gujarat. This new addition increases Adani Green Energy's total operational renewable generation capacity to 20,280.80 MW and its total operational battery energy storage system (BESS) capacity to 3,551 MWh.
Welspun Corp Signs MoU for Jordan Project
Metal pipe manufacturer Welspun Corp and Perma-Pipe International Holdings Inc. have signed a Memorandum of Understanding (MoU) with the developers of Jordan's National Water Carrier Project and the Government of the Hashemite Kingdom of Jordan. The agreement outlines the development of pipe manufacturing and advanced coating facilities within Jordan to support the ambitious water infrastructure initiative.
L&T Finance Obtains Perpetual IRDAI Registration
L&T Finance, a prominent Non-Banking Financial Company (NBFC), has secured a perpetual Certificate of Registration (CoR) from the Insurance Regulatory and Development Authority of India (IRDAI). This registration allows the company to act as a Corporate Agent (Composite), effective August 31, following the expiry of its previous CoR.
Gland Pharma's USFDA Inspection Concludes with Zero Observations
Gland Pharma announced that a routine Good Manufacturing Practice (GMP) inspection conducted by the USFDA at its VSEZ Sterile Oncology formulations facility and API facility in Visakhapatnam concluded with zero Form 483 observations. The inspection took place between August 24 and September 1, 2026, indicating compliance with regulatory standards.
NMDC Reports Strong August Production and Sales
State-run metal producer NMDC reported a robust performance for August, with total production reaching 4.07 million tonnes (MT), marking a 20.8 percent increase year-on-year from 3.37 MT recorded in the same month last year. Total sales also saw a rise, reaching 3.58 MT, up 5.6 percent compared to 3.39 MT in August of the previous year.
Other Companies in the News
- Texmaco Rail & Engineering: Received an order worth Rs 24.48 crore from Transport Corporation of India Limited for the manufacture, supply, and commissioning of one rake of wagons.
- Ujjivan Small Finance Bank: The RBI has approved the appointment of Carol Furtado as Interim Chief Executive Officer (CEO) for a period of three months, effective September 1, 2026.
- Ashiana Housing: Announced an area booking of 1.67 lakh square feet in August, with a sales value of Rs 165.93 crore.
- Sical Logistics: Received a letter of acceptance (LoA) from Central Coalfields for a five-year contract worth Rs 534.73 crore for overburden removal and coal extraction in Jharkhand.