On October 1, investors will focus on several key stocks as companies report September sales and announce new developments. Auto companies such as Maruti Suzuki India, Tata Motors, Mahindra & Mahindra, Hyundai Motor India, Bajaj Auto, TVS Motor, Ashok Leyland, and Hero MotoCorp will reveal their sales figures. These numbers will provide insight into festive-season demand and the impact of last year's favorable base.
- Auto stocks expected to show healthy year-on-year growth except tractors.
- Tech Mahindra to consider bonus issue and quarterly results mid-October.
- Aurobindo Pharma launches dermatology product in the US market.
- Power sector benefits from government’s Green Energy Corridor Phase-III scheme.
- Oil companies gain from reduced export levies on diesel and ATF.
What is the outlook for auto stocks on October 1?
Auto companies will announce their September sales starting October 1. Passenger vehicles, two-wheelers, and commercial vehicles are expected to report healthy year-on-year growth. However, tractor sales may face pressure. These figures will indicate demand momentum, rural economic recovery, and the pace of festive-season purchases across segments.
What developments are expected from Tech Mahindra?
Tech Mahindra's board will meet on October 15–16 to consider a bonus issue proposal, review the company's Q2 financial results for FY27, and discuss an interim dividend. Investors will watch closely for details about the bonus issue structure and the company's quarterly performance.
How is Aurobindo Pharma expanding in the US market?
Aurobindo Pharma's subsidiary, Acrotech Biopharma, has launched Adquey ointment in the United States. This non-steroidal topical treatment targets mild-to-moderate atopic dermatitis in adults and children aged two years and above. The launch marks Aurobindo's entry into the American dermatology market. To support this, the company has established a dedicated dermatology business unit. The product competes in a market valued at approximately USD 1.3 billion for the year ending July 2026.
What is the significance of the Green Energy Corridor Phase-III scheme for power stocks?
The Union Cabinet approved a ₹1.86 lakh crore Green Energy Corridor Phase-III scheme to strengthen intra-state transmission networks and support the evacuation of up to 135 GW of renewable energy. The scheme allocates ₹1.36 lakh crore for transmission infrastructure and ₹50,000 crore for battery energy storage systems. Companies like Power Grid Corporation of India, Adani Energy Solutions, Hitachi Energy India, GE Vernova T&D India, Transformers & Rectifiers India, and CG Power and Industrial Solutions may benefit from new project opportunities.
How are oil companies affected by recent government policy changes?
The government reduced the export levy on diesel from ₹20 to ₹16 per litre and on aviation turbine fuel (ATF) from ₹15 to ₹10.5 per litre. This reduction lowers the tax burden on refiners exporting these products, potentially improving their export economics. Companies such as Reliance Industries, Indian Oil Corporation, Bharat Petroleum Corporation, Hindustan Petroleum Corporation, Chennai Petroleum Corporation, and Mangalore Refinery and Petrochemicals are expected to be in focus. The duty on petrol exports remains at ₹0.5 per litre, with no changes to domestic petrol and diesel duties.
What other notable company updates are expected?
Transrail Lighting has expanded its tower manufacturing capacity by 12,000 metric tonnes per annum, increasing total capacity to 184,400 MTPA, with further expansion planned. Molbio Diagnostics saw a stake sale by Motilal Oswal Alternates, while HDFC Mutual Fund acquired shares. MobiKwik's promoter Upasana Taku increased her shareholding through open market purchases. NCC announced new orders worth ₹500.22 crore in September, and DCM Shriram commissioned new chemical plants to enhance its business flexibility. Linde India completed the acquisition of air separation units from Tata Steel, boosting its industrial gas production capacity.
These developments reflect ongoing activity across sectors, with investors watching for sales trends, government policy impacts, and strategic expansions.
