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<a href="https://www.moneycontrol.com/india/stockpricequote/telecommunications-services/railtelcorporationindia/RCo01">RailTel Corporation of India</a> share price will remain in focus on September 9 after the company announced a projects win from State Project Director (Spd) Bihar Education Project Council (Bepc).

".... has received the Letter of Acceptance (LOA) from State Project Director (Spd) Bihar Education Project Council (Bepc) for procurement, supply and installation of smart classrooms at Government Middle Schools," company said in its press release.

The estimated size of order is Rs 2,62,14,38,750 and to be executed by March 31, 2026.

<a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-sensex-nifty-50-share-price-gift-nifty-latest-updates-09-09-2025-liveblog-13530739.html">Catch all the market action on our live blog</a>

Also received another LoA from State Project Director (Spd) Bihar Education Project Council (Bepc) worth Rs 44.21 crore for supply, installation, testing, and commissioning (STC) of ICT Labs.

The company bagged another project of Rs 2,57,50,12,000 for procurement, supply and installation of smart classrooms at government secondary and senior secondary schools and project worth Rs 59,76,99,207 SITC of ISM Lab.

The company also received the Letter of Acceptance (LOA) worth Rs 89,91,96,639 for supply of teaching learning material of class I to V for government schools in Bihar.

In the previous trading session, the share closed up 0.41 percent or Rs 1.40 at Rs 345.80.

The share touched a 52-week high of Rs 486.55 and a 52-week low of Rs 265.30 on 13 September, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 28.93 percent below its 52-week high and 30.34 percent above its 52-week low.

The market capitalisation of the company stands at Rs 11,098.05 crore.

Ownership, Material Conflicts of Interest and Disciplinary History

MCD is a wholly owned subsidiary of Network 18 Media & Investments Ltd ("Network18"), in which Independent Media Trust (IMT) holds 56.89% stake. Reliance Industries Limited ("RIL") is the sole beneficiary of IMT. Network18 and RIL and their subsidiaries, joint ventures and associates can be considered as associates of MCD.

Details of Associate

Receipt of Compensation

Third-Party Compensation

Employment History

Market-Making Activities

Use of Artificial Intelligence

RailTel Corporation of India shares in focus on multiple project win

RailTel Corporation of India share price will remain in focus on September 9 after the company announced a projects win from State Project Director (Spd) Bihar Education Project Council (Bepc).

&quot;.... has received the Letter of Acceptance (LOA) from State Project Director (Spd) Bihar Education Project Council (Bepc) for procurement, supply and installation of smart classrooms at Government Middle Schools,&quot; company said in its press release.

The estimated size of order is Rs 2,62,14,38,750 and to be executed by March 31, 2026.

Catch all the market action on our live blog

Also received another LoA from State Project Director (Spd) Bihar Education Project Council (Bepc) worth Rs 44.21 crore for supply, installation, testing, and commissioning (STC) of ICT Labs.

The company bagged another project of Rs 2,57,50,12,000 for procurement, supply and installation of smart classrooms at government secondary and senior secondary schools and project worth Rs 59,76,99,207 SITC of ISM Lab.

The company also received the Letter of Acceptance (LOA) worth Rs 89,91,96,639 for supply of teaching learning material of class I to V for government schools in Bihar.

In the previous trading session, the share closed up 0.41 percent or Rs 1.40 at Rs 345.80.

The share touched a 52-week high of Rs 486.55 and a 52-week low of Rs 265.30 on 13 September, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 28.93 percent below its 52-week high and 30.34 percent above its 52-week low.

The market capitalisation of the company stands at Rs 11,098.05 crore.

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, acquisitions, and appointments, here’s a quick look at which stocks will be in focus in today's trade:

<a href="https://www.moneycontrol.com/markets/earnings/" target="_blank">Results Today</a>

Vikram Solar, and Regaal Resources will announce their quarterly earnings on September 9.

Stocks to Watch

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/infosys/IT">Infosys</a>

The Board will meet on September 11 to consider a proposal for buyback of equity shares of the company.

<a href="https://www.moneycontrol.com/india/stockpricequote/power-transmissionequipment/voltamptransformers/VT9">Voltamp Transformers</a>

Promoter Kunjal Patel is likely to sell up to 7.88 lakh shares (7% stake) in the company via block deals, with an offer size of $67 million and a floor price of Rs 7,600 per share, reports CNBC-Awaaz, quoting sources.

<a href="https://www.moneycontrol.com/india/stockpricequote/telecommunications-services/railtelcorporationindia/RCo01">RailTel Corporation of India</a>

The company has received multiple orders worth Rs 713.55 crore from the State Project Director (SPD), Bihar Education Project Council (BEPC).

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/stridespharmascience/SA10">Strides Pharma Science</a>

The company’s step-down wholly owned subsidiary, Strides Pharma Global, Singapore, has entered into a strategic product development partnership with Kenox Pharmaceuticals for the development and filing of multiple nasal spray products for the US market across diverse therapeutic indications.

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-real-estate/housingurbandevelopmentcorporation/HUD">Housing &amp; Urban Development Corporation</a>

HUDCO has signed a Memorandum of Understanding (MoU) with the Nagpur Metropolitan Region Development Authority (NMRDA), Maharashtra, for providing funds of up to Rs 11,300 crore over a period of five years for land acquisition, housing, and infrastructure development in the Nagpur Metropolitan Region.

<a href="https://www.moneycontrol.com/india/stockpricequote/textiles-spinning-synthetic-blended/rswm/RSW01">RSWM</a>

The Board has decided to drop the project of setting up a greenfield unit at Kathua, Jammu, with a planned capex of Rs 740 crore for manufacturing recycled PET chips and recycled filament yarn, and to surrender the land allotted for the said project.

<a href="https://www.moneycontrol.com/india/stockpricequote/transport-infrastructure/irbinfrastructuredevelopers/IID01">IRB Infrastructure Developers</a>

The company announced toll collections of Rs 563.2 crore in August 2025, an increase of 12% compared to Rs 502.6 crore in the same month last year.

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-real-estate/brigadeenterprises/BE08">Brigade Enterprises</a>

Brigade Group has signed a luxury residential project in East Bengaluru. This joint development project is spread across approximately 10.75 acres, with a total saleable area potential of 2.5 million square feet and an estimated gross development value of around Rs 2,500 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/electronics-components/supremepowerequipment/SPEL">Supreme Power Equipment</a>

The company has received a new order worth Rs 10.02 crore from a reputed power company in Karnataka. However, the international order received in July 2025 for the supply of a 9 MVA power transformer from Mexico (North American market) has been terminated.

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-23-wheelers/tvsmotorcompany/TVS">TVS Motor Company</a>

The company will pass on the full benefit of the GST rate reduction to customers across its ICE portfolio, effective September 22.

<a href="https://www.moneycontrol.com/india/stockpricequote/engineering-heavy/johncockerillindia/CMI02">John Cockerill India</a>

The company has received a contract worth Rs 50 crore from Godawari Power and Ispat, for the engineering, design, manufacture, and supply of a 6HI cold rolling mill to be installed at Tilda, Chhattisgarh, including supervision of erection and commissioning.

<a href="https://www.moneycontrol.com/india/stockpricequote/engineering-construction/arisinfrasolutions/ASL12">Arisinfra Solutions</a>

The company’s subsidiary, ArisUnitern RE Solutions, together with real estate developer Vaishnavi Residences, has launched the Arsh Greens project in Bengaluru. With a total development area of 2.06 lakh square feet, the project is expected to have a gross development value of up to Rs 200 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/personal-care/godrejconsumerproducts/GCP">Godrej Consumer Products</a>

The company’s subsidiary, PT Godrej Consumer Products Indonesia, has commenced construction of a new manufacturing site at Kendal, Indonesia, with an investment of Rs 250 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/construction-real-estate/arkadedevelopers/ADL02">Arkade Developers</a>

The company has detected a malware incident affecting select IT systems. Immediate action has been taken to mitigate the impact and secure the systems. Relevant authorities have been duly notified. The company continues to monitor the situation closely while maintaining business as usual.

<a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/bartronicsindia/BI21">Bartronics India</a>

The company has entered into an MoU with Net Zero Initiative to explore opportunities for large-scale sustainable agriculture and carbon credit generation.

Bulk Deals

<a href="https://www.moneycontrol.com/india/stockpricequote/mediaentertainment/primefocus/PF13">Prime Focus</a>

Craft Emerging Market Fund PCC has acquired 120 lakh shares (3.87% equity stake) in the motion picture and video production company for Rs 187.86 crore.

Meanwhile, Augusta Investments I sold 62.24 lakh shares for Rs 97.44 crore, and Marina IV (Singapore) offloaded 57.75 lakh shares for Rs 90.4 crore, both at the same price.

<a href="https://www.moneycontrol.com/india/stockpricequote/steel-tubespipes/goodluckindia/GLS">Goodluck India</a>

SBI Funds Management bought 4.73 lakh shares (1.42% stake) in Goodluck India at Rs 1,229.92 per share, totaling Rs 58.17 crore. In contrast, Arpna Capital Services sold 3.65 lakh shares (1.09% shareholding) at Rs 1,230.56 per share, totaling Rs 44.91 crore.

Mainboard Listing on September 9

Amanta Healthcare

SME Listing on September 9

Goel Construction Company

Stock in F&amp;O ban

RBL Bank

Stocks to Watch Today: Infosys, Voltamp Transformers, RailTel, Strides Pharma, IRB Infra, Brigade Enterprises, Prime Focus, Amanta Healthcare in focus on 09 September

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, acquisitions, and appointments, here’s a quick look at which stocks will be in focus in today's trade:

Results Today

Vikram Solar, and Regaal Resources will announce their quarterly earnings on September 9.

Stocks to Watch

Infosys

The Board will meet on September 11 to consider a proposal for buyback of equity shares of the company.

Voltamp Transformers

Promoter Kunjal Patel is likely to sell up to 7.88 lakh shares (7% stake) in the company via block deals, with an offer size of $67 million and a floor price of Rs 7,600 per share, reports CNBC-Awaaz, quoting sources.

RailTel Corporation of India

The company has received multiple orders worth Rs 713.55 crore from the State Project Director (SPD), Bihar Education Project Council (BEPC).

Strides Pharma Science

The company’s step-down wholly owned subsidiary, Strides Pharma Global, Singapore, has entered into a strategic product development partnership with Kenox Pharmaceuticals for the development and filing of multiple nasal spray products for the US market across diverse therapeutic indications.

Housing &amp;amp; Urban Development Corporation

HUDCO has signed a Memorandum of Understanding (MoU) with the Nagpur Metropolitan Region Development Authority (NMRDA), Maharashtra, for providing funds of up to Rs 11,300 crore over a period of five years for land acquisition, housing, and infrastructure development in the Nagpur Metropolitan Region.

RSWM

The Board has decided to drop the project of setting up a greenfield unit at Kathua, Jammu, with a planned capex of Rs 740 crore for manufacturing recycled PET chips and recycled filament yarn, and to surrender the land allotted for the said project.

IRB Infrastructure Developers

The company announced toll collections of Rs 563.2 crore in August 2025, an increase of 12% compared to Rs 502.6 crore in the same month last year.

Brigade Enterprises

Brigade Group has signed a luxury residential project in East Bengaluru. This joint development project is spread across approximately 10.75 acres, with a total saleable area potential of 2.5 million square feet and an estimated gross development value of around Rs 2,500 crore.

Supreme Power Equipment

The company has received a new order worth Rs 10.02 crore from a reputed power company in Karnataka. However, the international order received in July 2025 for the supply of a 9 MVA power transformer from Mexico (North American market) has been terminated.

TVS Motor Company

The company will pass on the full benefit of the GST rate reduction to customers across its ICE portfolio, effective September 22.

John Cockerill India

The company has received a contract worth Rs 50 crore from Godawari Power and Ispat, for the engineering, design, manufacture, and supply of a 6HI cold rolling mill to be installed at Tilda, Chhattisgarh, including supervision of erection and commissioning.

Arisinfra Solutions

The company’s subsidiary, ArisUnitern RE Solutions, together with real estate developer Vaishnavi Residences, has launched the Arsh Greens project in Bengaluru. With a total development area of 2.06 lakh square feet, the project is expected to have a gross development value of up to Rs 200 crore.

Godrej Consumer Products

The company’s subsidiary, PT Godrej Consumer Products Indonesia, has commenced construction of a new manufacturing site at Kendal, Indonesia, with an investment of Rs 250 crore.

Arkade Developers

The company has detected a malware incident affecting select IT systems. Immediate action has been taken to mitigate the impact and secure the systems. Relevant authorities have been duly notified. The company continues to monitor the situation closely while maintaining business as usual.

Bartronics India

The company has entered into an MoU with Net Zero Initiative to explore opportunities for large-scale sustainable agriculture and carbon credit generation.

Bulk Deals

Prime Focus

Craft Emerging Market Fund PCC has acquired 120 lakh shares (3.87% equity stake) in the motion picture and video production company for Rs 187.86 crore.

Meanwhile, Augusta Investments I sold 62.24 lakh shares for Rs 97.44 crore, and Marina IV (Singapore) offloaded 57.75 lakh shares for Rs 90.4 crore, both at the same price.

Goodluck India

SBI Funds Management bought 4.73 lakh shares (1.42% stake) in Goodluck India at Rs 1,229.92 per share, totaling Rs 58.17 crore. In contrast, Arpna Capital Services sold 3.65 lakh shares (1.09% shareholding) at Rs 1,230.56 per share, totaling Rs 44.91 crore.

Mainboard Listing on September 9

Amanta Healthcare

SME Listing on September 9

Goel Construction Company

Stock in F&amp;amp;O ban

RBL Bank

Craft Emerging Market Fund has acquired 3.87 percent equity stake in Prime Focus, the motion picture and video production company, for Rs 187.86 crore via open market transactions.

The stock saw a strong gap-up opening and was locked in 10 percent upper circuit at Rs 173.90 throughout session, closing well above the upper line of Bollinger Bands with robust volumes.

Craft Emerging Market Fund PCC through Citadel Capital Fund bought 63.75 lakh shares at Rs 156.55 per share for Rs 99.8 crore, and via Elite Capital Fund purchased 56.25 lakh shares for Rs 88.06 crore.

However, Augusta Investments I sold 62.24 lakh shares in <a href="https://www.moneycontrol.com/india/stockpricequote/mediaentertainment/primefocus/PF13">Prime Focus</a> at same price for Rs 97.44 crore, and Marina IV (Singapore) offloaded 57.75 lakh shares for Rs 90.4 crore.

Prime Focus was also in action last Friday as five investors including veteran market experts Ramesh Damani, Madhusudan Kela-owned Singularity AMC, and Utpal Sheth acquired 3.3 percent stake in the company for Rs 146.2 crore. However, Marina IV (Singapore) and Marina IV sold 48.06 lakh shares (1.55 percent stake) in Prime Focus, while Augusta Investments I offloaded 54.48 lakh shares (1.75 percent stake) at the same price.

As per the shareholding pattern of June 2025, Augusta Investments I held 8.86 percent stake, and Marina IV (Singapore) owned 7.55 percent shares in the company that provides visual effects (VFX) and animation services globally.

The action was also seen <a href="https://www.moneycontrol.com/india/stockpricequote/steel-tubespipes/goodluckindia/GLS">Goodluck India</a> that closed at Rs 1,240.6 on the NSE, up 0.91 percent. In fact, it has been in an uptrend since the second half of August despite intermittent consolidation.

SBI Funds Management bought 4.73 lakh shares (1.42 percent stake) in Goodluck India that offers precision forgings and metal forging solutions, at Rs 1,229.92 per share for Rs 58.17 crore. However, Arpna Capital Services sold 3.65 lakh shares (1.09 percent shareholding) at Rs 1,230.56 per share for Rs 44.91 crore.

Craft EM Fund acquires 3.87% stake in Prime Focus for Rs 187.86 crore

Craft Emerging Market Fund has acquired 3.87 percent equity stake in Prime Focus, the motion picture and video production company, for Rs 187.86 crore via open market transactions.

The stock saw a strong gap-up opening and was locked in 10 percent upper circuit at Rs 173.90 throughout session, closing well above the upper line of Bollinger Bands with robust volumes.

Craft Emerging Market Fund PCC through Citadel Capital Fund bought 63.75 lakh shares at Rs 156.55 per share for Rs 99.8 crore, and via Elite Capital Fund purchased 56.25 lakh shares for Rs 88.06 crore.

However, Augusta Investments I sold 62.24 lakh shares in Prime Focus at same price for Rs 97.44 crore, and Marina IV (Singapore) offloaded 57.75 lakh shares for Rs 90.4 crore.

Prime Focus was also in action last Friday as five investors including veteran market experts Ramesh Damani, Madhusudan Kela-owned Singularity AMC, and Utpal Sheth acquired 3.3 percent stake in the company for Rs 146.2 crore. However, Marina IV (Singapore) and Marina IV sold 48.06 lakh shares (1.55 percent stake) in Prime Focus, while Augusta Investments I offloaded 54.48 lakh shares (1.75 percent stake) at the same price.

As per the shareholding pattern of June 2025, Augusta Investments I held 8.86 percent stake, and Marina IV (Singapore) owned 7.55 percent shares in the company that provides visual effects (VFX) and animation services globally.

The action was also seen Goodluck India that closed at Rs 1,240.6 on the NSE, up 0.91 percent. In fact, it has been in an uptrend since the second half of August despite intermittent consolidation.

SBI Funds Management bought 4.73 lakh shares (1.42 percent stake) in Goodluck India that offers precision forgings and metal forging solutions, at Rs 1,229.92 per share for Rs 58.17 crore. However, Arpna Capital Services sold 3.65 lakh shares (1.09 percent shareholding) at Rs 1,230.56 per share for Rs 44.91 crore.

The shares of <a href="https://www.moneycontrol.com/india/stockpricequote/online-services/onemobikwiksystems/OMSL">One Mobikwik Systems</a> rallied 14 percent on September 8, extending gains for the second consecutive session. The stock has now jumped more than 52 percent in September so far.

The shares of the company hit an intraday high of Rs 334 apiece today, the highest level seen by the stock in more than four months. The stock later pared some gains to close nearly 11 percent higher at Rs 324.99 apiece.

MobiKwik shares have been in focus after key shareholder Abu Dhabi Investment Authority <a href="https://www.moneycontrol.com/news/business/markets/mobikwik-shares-jump-11-as-adia-fully-exits-stake-via-block-deal-13510562.html">(ADIA) exited its stake in the payments solutions provider via block deals</a> on September 1. According to block deal data on the National Stock Exchange (NSE), ADIA sold 16.44 lakh equity shares of Mobikwik at an average price of Rs 238.45 per share, taking the total deal value to Rs 39.21 crore.

The number of shares offloaded represents 2.1 percent of Mobikwik’s outstanding equity, which matches ADIA’s stake as per the June quarter shareholding pattern.

Apart from ADIA, Peak XV Partners (9.92 percent), Cisco Systems (1.54 percent), and American Express Travel Related Services Company Inc. (1.34 percent) are among the prominent public shareholders in Mobikwik. Other foreign portfolio investors include Government Pension Fund Global (3.01 percent), Societe Generale (1.2 percent), and Citigroup Global Markets (1.12 percent).

While the stock is down around 46 percent in 2025 so far, it has gained nearly 20 percent in the past six months. The sharp rise in the share price today comes on the back of heavy trading volumes.

The stock is still down more than 53 percent from its 52-week high of Rs 698.30 apiece, which it had hit in December last year after its market debut. It is however up more than 48 percent from its 52-week low of Rs 219.20 apiece, recorded in August this year.

Also read: <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-sensex-nifty-50-share-price-gift-nifty-latest-updates-08-09-2025-liveblog-13527218.html">Our LIVE blog on stock market updates</a>

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

MobiKwik shares surges 14% on heavy trading volumes, stock rallies 52% in six sessions

The shares of One Mobikwik Systems rallied 14 percent on September 8, extending gains for the second consecutive session. The stock has now jumped more than 52 percent in September so far.

The shares of the company hit an intraday high of Rs 334 apiece today, the highest level seen by the stock in more than four months. The stock later pared some gains to close nearly 11 percent higher at Rs 324.99 apiece.

MobiKwik shares have been in focus after key shareholder Abu Dhabi Investment Authority (ADIA) exited its stake in the payments solutions provider via block deals on September 1. According to block deal data on the National Stock Exchange (NSE), ADIA sold 16.44 lakh equity shares of Mobikwik at an average price of Rs 238.45 per share, taking the total deal value to Rs 39.21 crore.

The number of shares offloaded represents 2.1 percent of Mobikwik’s outstanding equity, which matches ADIA’s stake as per the June quarter shareholding pattern.

Apart from ADIA, Peak XV Partners (9.92 percent), Cisco Systems (1.54 percent), and American Express Travel Related Services Company Inc. (1.34 percent) are among the prominent public shareholders in Mobikwik. Other foreign portfolio investors include Government Pension Fund Global (3.01 percent), Societe Generale (1.2 percent), and Citigroup Global Markets (1.12 percent).

While the stock is down around 46 percent in 2025 so far, it has gained nearly 20 percent in the past six months. The sharp rise in the share price today comes on the back of heavy trading volumes.

The stock is still down more than 53 percent from its 52-week high of Rs 698.30 apiece, which it had hit in December last year after its market debut. It is however up more than 48 percent from its 52-week low of Rs 219.20 apiece, recorded in August this year.

Also read: Our LIVE blog on stock market updates

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

The shares of several midcap and smallcap companies surged on September 8, pushing the broader market indices sharply into the green.

The <a href="https://www.moneycontrol.com/indian-indices/nifty-midcap-100-27.html">Nifty Midcap 100</a> index jumped nearly 1 percent to 57,615 in the afternoon, extending gains for the second consecutive session. The index has now recorded gains in five out of the six sessions in September so far.

On the midcap index, <a href="https://www.moneycontrol.com/india/stockpricequote/castingsforgings/bharatforge/BF03">Bharat Forge</a> shares were the top gainers. The shares of the company surged nearly 7 percent to trade at Rs 1,212 apiece. This comes as investors cheered its subsidiary's recent<a href="https://www.moneycontrol.com/news/business/markets/bharat-forge-shares-top-f-o-gainer-rally-5-percent-on-plans-for-a-defence-complex-to-make-rockets-missile-systems-space-launch-vehicles-13528473.html"> plan to buy a 950 -acre land parcel in Andhra Pradesh</a> to develop a defence manufacturing complex.

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-lcvshcvs/ashokleyland/AL">Ashok Leyland</a> shares gained nearly 5 percent, as GST rate cuts boosted auto stocks. Aditya Birla Fashion and Retail shares rose more than 4 percent, while Sona BLW Precision Forgings and SAIL shares gained more than 3 percent.

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-ancillaries-brakes/olaelectricmobility/OEM">Ola Electric</a>, Motilal Oswal Financial Services, <a href="https://www.moneycontrol.com/india/stockpricequote/finance-investments/hdfcassetmanagementcompany/HAM02">HDFC AMC</a>, Aditya Birla Capital and Hindustan Petroleum (HPCL) shares gained nearly 3 percent each. BHEL, <a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/fsne-commerceventuresnykaa/FEV">Nykaa</a>, UPL, Prestige Estates, Escorts Kubota, Muthoot Finance and other midcap stocks gained more than 2 percent each.

<a href="https://www.moneycontrol.com/india/stockpricequote/telecommunications-equipment/industowers/BI14">Indus Towers</a>, L&amp;T Finance, Indian Bank, APL Apollo Tubes, <a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/bselimited/B08">BSE</a>, SBI Card, <a href="https://www.moneycontrol.com/india/stockpricequote/telecommunication-service-provider/vodafoneidea/IC8">Vodafone Idea</a>, CONCOR and RVNL were among the other top gainers on the midcap index.

The <a href="https://www.moneycontrol.com/indian-indices/nifty-smallcap-100-53.html">Nifty Smallcap</a> index rose around 0.5 percent to 17,738 in the afternoon. The index has now recorded gains in five out of six sessions, and have extended gains for the second consecutive sessions.

<a href="https://www.moneycontrol.com/india/stockpricequote/bank-private/idbibank/IDB05">IDBI Bank</a> shares were the top gainer on the on the index, rising more than 4 percent. Moneycontrol exclusively reported that Dubai's government-owned Emirates NBD, Prem Watsa's Fairfax India Holdings, Kotak Mahindra Bank and Oaktree Capital Management - who were cleared by the Reserve Bank of India as 'fit and proper' to bid for IDBI Bank are expected to participate in the <a href="https://www.moneycontrol.com/news/business/banks/emirates-nbd-fairfax-kotak-bank-oaktree-likely-to-bid-for-idbi-bank-13528187.html">financial bidding process</a>.

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-general/iiflfinance/II15">IIFL Finance</a>, FirstCry-parent Brainbees Solutions and Kaynes Tech shares jumped more than 3 percent each, while Manappuram Finance, Laurus Labs and CDSL shares gained more than 2 percent each.

IRCON, ITI, Angel One, Inox Wind, Tata Chemicals, CESC, PNB Housing Finance, Delhivery, Jupiter Wagons, and other smallcap stocks meanwhile rose over 1 percent each.

Broader markets up for 2nd day: Mid, smallcap stocks rise up to 7%; here are the top gainers

The shares of several midcap and smallcap companies surged on September 8, pushing the broader market indices sharply into the green.

The Nifty Midcap 100 index jumped nearly 1 percent to 57,615 in the afternoon, extending gains for the second consecutive session. The index has now recorded gains in five out of the six sessions in September so far.

On the midcap index, Bharat Forge shares were the top gainers. The shares of the company surged nearly 7 percent to trade at Rs 1,212 apiece. This comes as investors cheered its subsidiary's recent plan to buy a 950 -acre land parcel in Andhra Pradesh to develop a defence manufacturing complex.

Ashok Leyland shares gained nearly 5 percent, as GST rate cuts boosted auto stocks. Aditya Birla Fashion and Retail shares rose more than 4 percent, while Sona BLW Precision Forgings and SAIL shares gained more than 3 percent.

Ola Electric, Motilal Oswal Financial Services, HDFC AMC, Aditya Birla Capital and Hindustan Petroleum (HPCL) shares gained nearly 3 percent each. BHEL, Nykaa, UPL, Prestige Estates, Escorts Kubota, Muthoot Finance and other midcap stocks gained more than 2 percent each.

Indus Towers, L&amp;amp;T Finance, Indian Bank, APL Apollo Tubes, BSE, SBI Card, Vodafone Idea, CONCOR and RVNL were among the other top gainers on the midcap index.

The Nifty Smallcap index rose around 0.5 percent to 17,738 in the afternoon. The index has now recorded gains in five out of six sessions, and have extended gains for the second consecutive sessions.

IDBI Bank shares were the top gainer on the on the index, rising more than 4 percent. Moneycontrol exclusively reported that Dubai's government-owned Emirates NBD, Prem Watsa's Fairfax India Holdings, Kotak Mahindra Bank and Oaktree Capital Management - who were cleared by the Reserve Bank of India as 'fit and proper' to bid for IDBI Bank are expected to participate in the financial bidding process.

IIFL Finance, FirstCry-parent Brainbees Solutions and Kaynes Tech shares jumped more than 3 percent each, while Manappuram Finance, Laurus Labs and CDSL shares gained more than 2 percent each.

IRCON, ITI, Angel One, Inox Wind, Tata Chemicals, CESC, PNB Housing Finance, Delhivery, Jupiter Wagons, and other smallcap stocks meanwhile rose over 1 percent each.

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RailTel Corporation of India shares in focus on multiple project win

Stocks to Watch Today: Infosys, Voltamp Transformers, RailTel, Strides Pharma, IRB Infra, Brigade Enterprises, Prime Focus, Amanta Healthcare in focus on 09 September

Craft EM Fund acquires 3.87% stake in Prime Focus for Rs 187.86 crore

MobiKwik shares surges 14% on heavy trading volumes, stock rallies 52% in six sessions

Broader markets up for 2nd day: Mid, smallcap stocks rise up to 7%; here are the top gainers

Auto Ancillary Industry StocksCheck latest stock performance, list of stocks, earnings review & more details about the Auto Ancillary industry stocks.

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Stock News

RailTel Corporation of India shares in focus on multiple project win

Stocks to Watch Today: Infosys, Voltamp Transformers, RailTel, Strides Pharma, IRB Infra, Brigade Enterprises, Prime Focus, Amanta Healthcare in focus on 09 September

Craft EM Fund acquires 3.87% stake in Prime Focus for Rs 187.86 crore

MobiKwik shares surges 14% on heavy trading volumes, stock rallies 52% in six sessions

Broader markets up for 2nd day: Mid, smallcap stocks rise up to 7%; here are the top gainers

Auto Ancillary Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Auto Ancillary industry stocks.