Jio Financial, Infosys and NCC among top stocks to watch as companies announce new deals

Indian stock market investors are tracking several major companies on Thursday, October 1, following a fresh wave of corporate announcements, order wins, and regulatory notices.

Key Corporate Updates

Jio Financial Services and Allianz Europe have each invested ₹ 320.05 crore into their 50:50 joint venture, Jio Allianz General Insurance, by subscribing to equity shares through a rights issue to fund business operations. Meanwhile, construction firm NCC secured two new orders worth ₹ 500.22 crore in September, split between its buildings and transportation divisions. Highway Infrastructure signed a ₹ 220.66 crore contract with UPEIDA to operate toll plazas on the Gorakhpur Link Expressway. Interarch Building Solutions bagged an ₹ 89 crore order for a steel structure data center, while ideaForge Technology won domestic civil orders worth ₹ 23.62 crore for UAVs and accessories. Modulex Construction also picked up a ₹ 14.72 crore modular building project order.

Other Major Developments

Apollo Tyres announced that its board committee allotted non-convertible debentures worth ₹ 500 crore via private placement. At the same time, Indian Railway Finance Corporation received a ₹ 397 crore GST show-cause notice from tax authorities in Bihar. Blue Dart Express announced a price hike ranging between 9% and 12% across its domestic shipping portfolio, which will take effect on January 1, 2027. Infosys extended its strategic partnership with ABN AMRO to help the Dutch bank drive its artificial intelligence transformation through application development and support services.

Context

Stock prices often react to major corporate events like joint venture investments, large order wins, and regulatory tax notices as investors assess a company's future growth and risk. Tracking these business developments helps market participants understand which sectors and individual firms are seeing active operational momentum.