Stocks To Watch Today: UltraTech Cement, Bharat Forge, HDFC Bank And More On 4 September 2026

Indian equities closed lower on Thursday as rising crude prices continued to weigh on investor sentiment. The Nifty 50 fell 0.17% to 23,873.45 and the Sensex declined 0.55% to 76,152.86. Higher oil prices offset gains in banking stocks following strong foreign-currency inflows through the RBI's swap facility.

Stocks In Focus

UltraTech Cement

UltraTech Cement is among the stocks to watch today after the Aditya Birla Group entered India's wires and cables market. The group will invest ₹1,800 crore in the new business, which will operate under the Ultravolt brand and be managed by UltraTech Cement.

Bharat Forge

Bharat Forge is in focus after its wholly owned subsidiary, Kalyani Strategic Systems Ltd, entered into a partnership with FN Herstal. The collaboration will focus on developing small arms and capabilities to counter unmanned aerial systems in India.

HDFC Bank

HDFC Bank is among the key stocks to watch today in India after raising nearly $12 billion through Foreign Currency Non-Resident (Bank) deposits under the RBI's concessional swap facility. Sources said the lender mobilised between $11.5 billion and $12 billion through the scheme.

Cipla

Cipla's wholly owned subsidiary, Invagen Pharmaceuticals, has entered into a strategic partnership with Qilu Pharmaceutical. The agreement covers the exclusive licensing and supply of QL2107, a biosimilar of pembrolizumab, in the US.

Sterlite Technologies

Sterlite Technologies has approved a ₹3,000 crore capital expenditure plan to expand capacity at its existing manufacturing facility. The proposed investment makes the company one of the stocks to watch in India on Friday.

Gland Pharma

Gland Pharma is in focus after a ₹2,279.50 crore block deal was executed in the company on Thursday. Fosun Pharma was reportedly the seller in the transaction, according to sources.

Ramco Systems

Ramco Systems has signed a memorandum of understanding with Safran Helicopter Engines. The partnership will automate the transfer of engine information into Ramco's aviation maintenance software, aiming to reduce manual data entry after maintenance and shop visits.

Solex Energy

The company has secured work orders worth ₹74.77 crore from domestic customers to manufacture and supply solar photovoltaic modules. The orders are expected to be completed by December 2026.

CreditAccess Grameen

CreditAccess Grameen has raised ₹300 crore through a private placement of non-convertible debentures. The issue was fully subscribed and placed with Barclays Bank PLC, which participated as a qualified institutional buyer.

RBL Bank

RBL Bank received a show-cause notice dated 2 September under Section 73 of the Goods and Services Tax Act, 2017. The notice proposes an aggregate GST demand of ₹164.14 crore, including applicable interest and penalty.

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