These 12 stocks, including Maruti Suzuki, HCLTech, Coal India, PhysicsWallah, ITI and Sky Gold, will remain in focus

Companies announced a flurry of developments, including major orders, capacity expansions, strategic partnerships, stake acquisitions and fundraising plans. Maruti Suzuki will challenge a consumer panel order, while Pfizer suspended a key product and Sky Gold disclosed a fraud-related loss. | Photo Credit: iStockphoto

Maruti Suzuki India (MSIL) on Thursday said it will challenge an order of the District Consumer Disputes Redressal Commission, Raipur, which directed the company to replace the customer’s vehicle with a new E20-compatible vehicle. The statement comes after the Commission asked the Maruti Suzuki dealer in Raipur to replace the vehicle — Grand Vitara Intelligent Electric (Strong Hybrid) Zeta Plus 1.5 CVT — bought by a doctor, which was E20-compliant, after holding that the dealer sold a vehicle made 16 months ago and failed to rectify recurring engine problems despite repeated repairs. The order also pointed to the limited fuel choices available to consumers, and the Commission noted that E20 petrol had become the commonly available fuel at petrol pumps, leaving consumers with little practical alternative. It noted that vehicle owners could not reasonably be expected to avoid the fuel if other options were unavailable.

HCLTech expands partnership with Guardian

HCLTech, a leading global technology company, has announced a new seven-year agreement with The Guardian Life Insurance Company of America (Guardian), one of the largest mutual companies in the U.S. and a leading provider of insurance, retirement, wealth management and employee benefits solutions. The new agreement builds on the companies’ previously announced partnership and expands their collaboration to advance Guardian’s AI-powered modernisation across technology and operations, supporting long-term business growth.

Coal India commissions 200 MW solar project in Gujarat

Coal India has commissioned 200 MW of solar capacity under its 300 MW Solar Power Project at Khavda, Gujarat. In a regulatory filing, the company said it received a commissioning certificate from the Gujarat Energy Development Agency (GEDA) on July 15 for a 200 MW capacity.

Diamond Power secures Adani Energy contract

Diamond Power Infrastructure Limited, an integrated manufacturer of power transmission and distribution equipment under the DICABS brand, has received a Contract Confirmation / Letter of Award from Adani Energy Solutions Ltd for the supply of AL59 aluminium alloy conductors for two of AESL’s transmission projects. The order is valued approximately Rs. 185.16 Crore, inclusive of packing, forwarding, freight and transit insurance, and exclusive of GST - aggregating to approximately Rs. 218.49 crore including GST. The contract is on a variable-price basis linked to aluminium LME and USD/INR movements through an agreed price variation formula, and the realised value may therefore differ. Deliveries are scheduled between July 2026 and February 2027.

PhysicsWallah raises stake in Sarrthi IAS

Physicswallah has infused around Rs 72 crore in Sarrthi IAS to raise its stake to 51 per cent in the UPSC coaching platform. The transaction is part of the second tranche of Physicswallah’s acquisition of Guiding Light Education Technologies, which operates under the Sarrthi IAS brand name, according to a regulatory filing. Physicswallah earlier held a 40 per cent stake in Guiding Light Education Technologies.

ITI wins ₹856-crore BSNL 4G order

ITI has bagged an order worth Rs 856.39 crore to deploy 4G mobile network for BSNL in the West Zone. The company has already executed a 4G telecom gear order worth Rs 2,640 crore with TCS as a consortium partner for BSNL West Zone, comprising Maharashtra, Goa, Gujarat, Chhattisgarh, Madhya Pradesh and Mumbai LSA, it added.

Havells to invest ₹255 crore in cable capacity

Havells India Ltd has informed the exchanges about further expansion of its cable manufacturing capacity at its Vasanthnarasapura Industrial Area facility in Tumakuru, Karnataka, with an additional investment of approximately ₹255 crore.

Pfizer pauses Premarin vaginal cream supply

Pfizer has temporarily discontinued Premarin vaginal cream in India, shrinking estrogen therapy options for millions of women experiencing menopause-related symptoms in the country. According to a Reuters report, the decision was driven by “certain supply challenges,” Trupti Wagh, Pfizer’s senior director of media relations for APAC, said on Thursday. She added that the company is exploring options to resume supply as soon as possible. Pfizer has not previously disclosed the discontinuation.

Shyam Metalics commissions aluminium foil facility

Shyam Metalics and Energy Ltd has commissioned an aluminium foil manufacturing facility with an annual production capacity of 18,000 tonnes at its Sambalpur plant in Odisha. The company has invested around Rs 800 crore in developing downstream aluminium facilities at the plant to strengthen its value-added product portfolio. The company’s step-down subsidiary, SMEL Steel Structural, has commenced commercial production at its aluminium foil manufacturing facility in Sambalpur, a statement said, adding that the plant is equipped to manufacture premium-grade foils with thicknesses of 6-40 microns.

Sky Gold subsidiary reports ₹10.7-crore fraud

Sky Gold and Diamonds Ltd on Thursday informed the exchanges that its subsidiary, Starmangalsutra Private Ltd (SPL), has suffered a financial loss of approximately ₹10.70 crore following a fraud involving the unauthorised compromise of a company-issued mobile phone and laptop used by an employee.

PC Jeweller board approves ₹1,000-crore QIP

The board of PC Jeweller Ltd has approved a proposal to raise up to ₹1,000 crore through a qualified institutions placement (QIP) in one or more tranches, while also approving an increase in the company’s authorised share capital, subject to shareholder and regulatory approvals.

Published on July 17, 2026