Stocks to Watch Today, July 9: Natco Pharma, Mahindra & Mahindra, Tata Steel, HFCL, JSW Energy, GMR Airports, Fortis Healthcare, SAIL and Maruti Suzuki will be in focus on Thursday (July 9) after announcing key business developments.
Natco Pharma outlined a major investment plan in South Africa, while Mahindra & Mahindra announced price hikes across its vehicle portfolio. Tata Steel reported higher production and deliveries, HFCL unveiled a capacity expansion plan, and JSW Energy added renewable capacity. GMR Airports, Fortis Healthcare, SAIL and Maruti Suzuki also announced significant corporate updates.
Stocks in focus |
Why in focus |
| Natco Pharma | Rs 2,500 Crore Investment Plan in South Africa |
| Mahindra & Mahindra | Price Hike Across SUVs and Commercial Vehicles |
| Tata Steel | Crude Steel Production and Deliveries Rise |
| HFCL Ltd | Rs 950 Crore Investment to Expand OFC Capacity |
| JSW Energy | Renewable Capacity Crosses 14.5 GW |
| GMR Airports | Nagpur Airport Expansion Roadmap Unveiled |
| Fortis Healthcare | GMR Airports |
| SAIL | Explores Stainless Steel JV with PT Krakatau Steel |
| Maruti Suzuki | Commissions 1 MWh Battery Energy Storage System |
Rs 2,500 Crore investment plan in South Africa
Natco Pharma announced investments of nearly Rs 2,500 crore in South Africa, including an infusion of Rs 1,400 crore into its subsidiary in the country.
Price hike across SUVs, commercial vehicles
Mahindra & Mahindra Ltd announced that it will increase prices of its SUVs by an average of 2.7 per cent and its commercial vehicle range by an average of 2 per cent, effective July 10, to offset higher commodity costs.
Higher crude steel production and deliveries
The company reported India’s crude steel production increased 11.3 per cent to 5.82 million tonnes (MT), compared with 5.23 MT. While India’s crude steel delivery volumes rose 8.84 per cent to 5.17 MT, compared with 4.75 MT.
Rs 950 crore capacity expansion
HFCL plans to invest Rs 950 crore over the next two years to expand its optical fibre cable production capacity.
Renewable capacity crosses 14.5 GW
JSW Energy announced the commissioning of 1,081 MW of renewable energy capacity since April 2026, taking its total installed capacity to 14,535 MW.
Nagpur airport expansion plan
GMR Airports Ltd unveiled a multi-phase modernisation and expansion roadmap for the Nagpur International Airport.
MD reappointed for two years
Fortis Healthcare Ltd said its board has approved the reappointment of Ashutosh Raghuvanshi as Managing Director for a further term of two years, effective March 19, 2027.
SAIL
Stainless steel JV with PT Krakatau steel
SAIL and Indonesia-based PT Krakatau Steel will explore the establishment of a joint venture to manufacture stainless steel slabs.
1 MWh battery storage system commissioned
Maruti Suzuki India Ltd announced the commissioning of a 1 MWh battery energy storage system at its Kharkhoda manufacturing facility in Haryana.
(Disclaimer: The above article is meant for informational purposes only and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
