Stocks to Watch, September 11: Tega Industries, Tata Motors, Infosys, RVNL, Kotak Mahindra Bank, Dr Reddy's, Jupiter Wagons

Stocks to Watch: Shares of Infosys, the IT bellwether, will continue to hog the limelight on Thursday, September 11, as the company's board is slated to meet today to consider the share buyback proposal. Stocks to Watch: The stock market is expected to open in the green on Thursday, September 11. The GIFT NIFTY futures suggest that the NIFTY50 index will open 18 points higher. Here is a list of stocks that may remain in focus today. Infosys: Shares of Infosys, the IT bellwether, will continue to hog the limelight on Thursday, September 11, as the company's board is slated to meet today to consider the share buyback proposal. If approved, this will be the fifth buyback by the IT services major. The stock of the company has rallied nearly 7% in the past two sessions, following the share buyback proposal. Kotak Mahindra Bank: Following the block deal transaction on Wednesday, Kotak Mahindra Bank shares are likely to garner significant attention on Thursday, September 11. Data show that BlackRock, Goldman Sachs and Abu Dhabi Investment Authority are among the investors that picked more than 3 crore shares worth around ₹6,256 crore of Kotak Mahindra Bank sold by Japan's SMBC through open market transactions on Wednesday. According to the block deal data available on the National Stock Exchange (NSE), Japan's Sumitomo Mitsui Banking Corporation sold more than 3.22 crore equity shares, representing a 1.62% stake in Mumbai-based private sector lender Kotak Mahindra Bank, at a price of ₹1,940.80 per share. Tata Motors: Shares will be in focus as Jaguar Land Rover (JLR) has admitted that some data may have been taken by hackers in a cyberattack that has halted car production and forced the vehicle maker to send workers home. The company, owned by Tata Motors, initially said it did not believe any customer information had been stolen. Now, 11 days after the attack, it has conceded that some data has been impacted but declined to say exactly who the information pertained to, such as customers, suppliers or JLR itself. Reliance Industries: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Wednesday announced the incorporation of Reliance Intelligence as a wholly owned subsidiary. The artificial intelligence (AI) subsidiary was incorporated on September 9, with RIL receiving the certification of incorporation from the Ministry of Corporate Affairs via email on Tuesday at 3:45 pm, a regulatory filing dated September 10 said. Ambani first announced the launch of the AI firm at RIL’s 48th Annual General Meeting (AGM) held on August 29. OFSS: Shares of OFSS (Oracle Financial Services Software) will be in focus as Oracle Corporation, the global technology company, garnered massive gains on Wall Street in Wednesday's session. Oracle shares surged about 43% to a record high on Wednesday, putting the company on track to join the elite trillion-dollar club and propelling co-founder Larry Ellison closer to the top of the world's richest list. The stock skyrocketed after the company unveiled four multi-billion-dollar contracts on Tuesday, amid an industry-wide shift, led by companies such as OpenAI and xAI, to aggressively spend to secure the massive computing capacity needed to stay ahead in the AI race. READ MORE Tega Industries: In its regulatory filing, the company said that Tega Industries, in consortium with funds managed by affiliates of Apollo (the 'Apollo Funds'), on Wednesday entered into a term sheet to acquire Molycop, a leading global supplier in grinding media for the mining industry, from an affiliate of American Industrial Partners (AIP) at an enterprise value of around $1.5 billion. Upon completion, Tega Industries will be the controlling shareholder of Molycop, with the Apollo Funds owning a significant minority equity interest. RVNL: Rail Vikas Nigam Limited has emerged as the Lowest Bidder (L1) from West Central Railway for a project. The cost of the project is ₹169.48 crore. Dr Reddy's: The pharma company has entered into a definitive agreement with Janssen Pharmaceutica NV (JPNV) (naamloze vennootschap), an affiliate of Johnson & Johnson, to acquire the STUGERON® brand, including its leading local brands, Stugeron® FORTE and Stugeron® PLUS, as well as its related assets (hereinafter referred to as ‘STUGERON® portfolio’) across 18 markets in the Asia-Pacific (APAC) and Europe, Middle East, and Africa (EMEA) regions, with India and Vietnam as key markets. Jupiter Wagons: The company has received a Letter of Acceptance (LOA) dated September 9, 2025, from the Ministry of Railways, Railway Board. This LOA pertains to the supply of a total of 9,000 LHB axles for FIAT-IR bogies, with an aggregate order value of approximately ₹113 crore. Shyam Metalics: The company has announced its strategic foray into the crash barrier segment, aiming to capture a market share of 8–10% in FY 2025–26. It has commenced production at its state-of-the-art Giridih facility, which houses an annual capacity of 24,000 MTPA and employs over 150 skilled professionals. With inputs from PTI To add Upstox News as your preferred source on Google, click here.