BLOCK DEAL IN PINE LABS

ICICI Pru Life Ins Buys 93.1 Lk Shs (0.81% Eq) For ₹174.80 Cr

Societe Generale Buys 87.7 Lk Shs (0.76% Eq) For ₹164.66 Cr

Citigroup Global Buys 66.7 Lk Shs (0.58% Eq) For ₹125.23 Cr

Edelweiss MF Buys 52.94 Lk Shs (0.46% Eq) For 99.4 Cr

Mastercard Asia Sells 4.97 Cr Shs (4.31% Eq) For ₹934 Cr

Deal Was Executed At An Avg Price Of 187.75/Sh On BSE

SEAMEC: CRISIL REAFFIRMS CREDIT RATINGS

• Long-term rating reaffirmed at CRISIL A+/Stable

• Short-term rating reaffirmed at CRISIL A1

• Ratings removed from ‘Rating Watch with Developing Implications’

• Bank loan facilities rated: ₹863 Cr

PUNJAB & SIND BANK

Bank receives notice of all-India strike from Sep 28-30

Strike by United Forum of Bank Unions over various demands

Punjab & Sind Bank says:

Branch & office operations may be affected if strike materialises

Taking steps to ensure smooth operations during strike

M&M:

MD & CEO Anish Shah sells 76,357 equity shares of company to meet ESOP tax obligation

TRUMP: WILL BUILD TWO MAJOR MILITARY BASES IN GREENLAND

TRUMP AT UN GENERAL ASSEMBLY 2026

We passed the largest tax break in history.

I call on Iran to reach a deal.

We are adding weapons to our stockpiles fast.

We won't give credence to the election when it comes to Iran.

I urge nations to join in the economic isolation of Iran.

We will be able to supply allies at a much faster rate.

We ended the war in Gaza, freed all hostages.

I have had the great honour of settling 8 wars.

A Russia-Ukraine deal will happen soon.

We are working closely with Russia and Ukraine leaders.

We signed a major oil deal with Venezuela.

ADITYA INFOTECH LTD ;

LAUNCHED QIP, FIXES FLOOR PRICE @ ₹3648.43/SHARE

• Qualified Institutions Placement (QIP) issue opens Sept 22, 2026.

• Floor price set at ₹3,648.43 per Equity Share.

• Discount of up to 5% allowed on floor price.

• Impact: Fundraise via QIP.

COFORGE: EXPANDS AGENTICOPS CAPABILITIES

• Expanding AgenticOps capabilities to help enterprises scale AI-driven autonomy securely and cost-effectively.

• Working with 160+ clients on their AgenticOps journey.

• EvolveOps.AI is the AgenticOps layer within Coforge's Nuuron AI autonomy enablement suite.

• Focus areas include AI governance, security, resilience and trusted AI infrastructure for autonomous systems.

TRUMP SAYS HE AND ZELENSKIY ARE WORKING ON A SOLUTION TO END THE WAR AND THAT UKRAINE 'WILL MAKE A DEAL', ADDING THAT HE DISCUSSES IT OFTEN, INCLUDING WITH PUTIN

TRUMP SAYS THE IRAN MEETING 'WENT VERY WELL', ADDING THAT U.S. OFFICIALS MET WITH AN IRANIAN DELEGATION EARLIER FOR THREE HOURS

US TREASURY SECRETARY BESSENT: ADMINISTRATION EXAMINING DIESEL EXPORT BAN & WHETHER IT IS FEASIBLE

TRUMP SAYS HE WILL DISCUSS PATRIOT MISSILES WITH ZELENSKIY

BESSENT EMERGES AS FRONTRUNNER FOR TRUMP’S NEW ‘AI CZAR’ ROLE — SEMAFOR

UBS on Financials

Believe India is entering a strong unsecured credit growth cycle, led by personal loans.

Think this is being supported by healthy asset quality across banks and NBFCs, flat unsecured household leverage over past three years, abundant system liquidity & a more risk-on stance from lenders

With gold prices stabilizing and, thus, likely gold loan growth moderation, a key substitute for personal loans over past few years could lose some momentum

This may benefit private banks and large NBFCs with strong personal loan franchises

S&P UPGRADES INDIA'S FY27 REAL GDP GROWTH FORECAST TO 7%

Upgrades India's FY27 Real GDP Growth Forecast By 4 Bps To 7%

Robust Industrial Activity, Healthy Consumption Support Higher Growth

Strong Exports, Accelerating Govt Investment Key Growth Drivers

Expect RBI To Raise Repo Rate By 25 Bps Το 5.50% In FY27

Inflationary Pressures, West Asia War, Weather Risks Support Rate Hike

Emkay Brokerage Calls

Hindustan Aeronautics: BUY | TP ₹5,950

Bharat Electronics: BUY | TP ₹500

Bharat Dynamics: ADD | TP ₹1,350

BEML: BUY | TP ₹2,600

STOCKS WITH HIGH VOLUME AT 9:30 AM

CUBEX TUBINGS ; +20.00% ; 2.98X VOLUME

SOLEX ENERGY ; +11.60% ; 2.92X VOLUME

OPTIEMUS INFRACOM ; +13.22% ; 2.32X VOLUME

TEXMACO INFRASTRUCTURE & HOLDINGS ; +5.56% ; 2.08X VOLUME

JSW DULUX ; +1.33% ; 1.94X VOLUME

MANBA FINANCE ; +3.78% ; 1.85X VOLUME

SHIVA GLOBAL AGRO INDUSTRIES ; +2.92% ; 1.85X VOLUME

AASTHA SPINTEX ; +8.26% ; 1.78X VOLUME

CRESTO TECHNO ; -11.50% ; 1.76X VOLUME

ALLIED BLENDERS AND DISTILLERS ; +1.25% ; 1.66X VOLUME

RACE ECO CHAIN ; +18.48% ; 1.61X VOLUME

LALITHAA JEWELLERY MART ; +5.00% ; 1.61X VOLUME

MANUGRAPH INDIA ; +18.25% ; 1.60X VOLUME

TODAY'S NEW LISTINGS

HERO MOTORS - 2.3 %

JINDAL SUPREME + 29 %

SS RETAIL + 47 %

SAMSUNG INDIA ELECTRONICS PROFIT DECLINED 36 PER CENT TO RS 7,228.10 CRORE FOR THE FINANCIAL YEAR ENDED MARCH 31, 2026, ACCORDING TO A ROC FILING BY THE CONSUMER ELECTRONICS MAJOR

DIXON IN FOCUS