The Indian markets have been on a downward trend after the US imposed new tariffs and raised H-1B visa fees. Will the Indian markets be able to reverse this? Here are updates on all the stocks making headlines. You can check these stocks to stay informed about all key developments.
Earlier on Monday, the NSE Nifty 50 closed the session 20 points or 0.08% lower at 24,635, while the BSE Sensex fell 62 points or 0.08% to close at 80,365.
Stocks to watch on September 30, 2025
Tata Communications
Tata Communications said it has secured a contract to provide the digital infrastructure for the Goods and Services Tax Appellate Tribunal (GSTAT), a new body set up by the finance ministry to handle GST-related disputes. The project covers the principal bench in New Delhi and 31 state benches.
Tata Motors
Tata Motors is set to go through a momentous change on October 1 — after nearly 80 years as a unified company, it is poised to split into two distinct entities. The stated purpose is to sharpen focus on passenger vehicle (PV) and commercial vehicle (CV) businesses amid rising competitive pressures that have chipped away at its market share. The automaker’s market share in the PV segment —which includes cars, SUVs, and vans—declined from a peak of 14% at the close of FY23 to around 12% by August 2025, according to data from the Society of Indian Automobile Manufacturers (SIAM).
Reliance Power
Reliance Power said it has signed a share purchase agreement to divest its Indonesian step-down subsidiaries for a consideration of $12 million. The agreement, entered into on September 29, 2025, involves Reliance Power Netherlands B.V. and Reliance Natural Resources (Singapore) Pte. Ltd. (the Sellers) selling 100% equity shareholding in PT Avaneesh Coal Resources, PT Heramba Coal Resources, PT Sumukha Coal Services, PT Brayan Bintang Tiga Energi, and PT Sriwijaya Bintang Tiga Energi to Biotruster (Singapore) Pte. Ltd, subject to conditions precedent and other customary terms.
Man Industries
Securities and Exchange Board of India (SEBI) barred Man Industries and three of its top executives, including the chairman, from accessing the securities markets for two years over alleged fund diversion, according to an order issued on Monday. The regulator found the company failed to consolidate its unit, Merino Shelters, in its financials between fiscal years 2015 and 2021, misrepresented related-party transactions, and engaged in round-tripping of funds to mask its financial position.
JSW Infrastructure
JSW Infrastructure said its subsidiary, Ennore Coal Terminal Pvt. Ltd. (ECTPL), has received a show cause notice (SCN) from the GST authorities, alleging tax contraventions amounting to Rs 96.58 crore. The notice, dated September 26, 2025, was issued by the Joint Commissioner, Office of the Commissioner of GST and Central Excise, Audit-II Commissionerate, Chennai, under Section 74(1) of the CGST/TNGST Act, 2017. The alleged contraventions pertain to the period April 2019 to March 2024.
AXISCADES Technologies
AXISCADES Technologies said its wholly owned subsidiary, AXISCADES Aerospace & Technologies, has won an order from the Indian Army to supply man-portable counter-drone systems (MPCDS). The deal marks one of the first such procurements after Operation Sindhoor under emergency purchase provisions, highlighting the Army’s push to strengthen frontline protection against unmanned aerial threats.
Tata Steel
Tata Steel said it has signed a non-binding Joint Letter of Intent (JLoI) with the Government of the Netherlands and the Province of North-Holland for an integrated decarbonisation and health measures project at its Tata Steel Nederland (TSN) operations. The JLoI sets out the aims and objectives of the parties for the first phase of transition to low CO2 steel production and to improve the healthy living environment around the IJmuiden site.
IRFC
Indian Railway Finance Corporation (IRFC) has signed two major loan agreements of a combined Rs 16,489 crore. IRFC signed a loan agreement with Haryana Power Generation Corporation (HPGCL) for up to Rs 5,929 crore. The funding will support the 800 MW (3rd Unit) supercritical thermal power project at Deenbandhu Chhotu Ram Thermal Power Plant (DCRTPP), Yamunanagar. Separately, at its New Delhi headquarters, IRFC signed a loan agreement with Maharashtra State Power Generation Company (MAHAGENCO) for up to Rs 10,560 crore.