HFCL, Insolation Energy, Natco Pharma, Premier Explosives Shares in Focus; Tata Group Targets $100 Billion Auto Revenue by FY31

Indian stock markets ended higher on Thursday, with the Sensex and Nifty recovering after the previous session's decline. Investors will track several stocks on Friday, including Premier Energies, Rashtriya Chemicals and Fertilizers (RCF), HFCL, Tata Group companies, Natco Pharma, Insolation Energy, and Premier Explosives, following key corporate developments.

Indian Stock Market Ends Higher

Benchmark equity indices rebounded on Thursday, supported by gains in realty, consumer durable and PSU banking stocks.

The BSE Sensex closed 238 points higher, while the NSE Nifty 50 gained 80 points, ending the session with gains of around 0.3% each.

Broader markets also outperformed, with the BSE Midcap Index rising around 1.4% and the BSE Smallcap Index advancing nearly 1.6%.

Premier Energies Bags Major Solar Orders

Premier Energies will remain in focus after securing fresh solar equipment orders, strengthening its position in India's rapidly expanding renewable energy sector.

The company continues to benefit from strong demand driven by India's renewable energy targets, rising utility-scale solar projects and domestic manufacturing incentives.

RCF Plans Equity Expansion Through FPO

Shares of Rashtriya Chemicals and Fertilizers (RCF) are expected to attract attention after the company announced plans to explore raising capital through a Follow-on Public Offer (FPO).

The proposed equity expansion is aimed at supporting future growth initiatives and strengthening the company's financial position.

HFCL Launches OptiQ AI Brand

HFCL has introduced OptiQ AI, its new unified optical connectivity brand targeting AI infrastructure, hyperscale data centres and cloud computing.

The portfolio includes high-performance optical fibre cables, patch cords, trunks and connectivity solutions designed for 800G and 1.6T network architectures, positioning HFCL to benefit from the rapidly growing AI infrastructure market.

Tata Group Targets $100 Billion Auto Revenue

Tata Group is targeting nearly $100 billion in automotive revenue by FY31, driven by expansion across passenger vehicles, commercial vehicles, luxury automobiles and auto component businesses.

The ambitious growth roadmap reflects the group's continued investments in electric mobility, manufacturing and global expansion.

Insolation Energy Subsidiary Wins NTPC Order

Insolation Energy's wholly owned subsidiary, Insolation Green Energy, has secured a ₹558 crore order (including GST) from NTPC Renewable Energy Limited for the supply of solar photovoltaic modules.

The project is scheduled for execution during FY27, further strengthening the company's presence in India's fast-growing solar energy market.

Natco Pharma Expands Presence in South Africa

Natco Pharma announced plans to invest approximately ₹2,500 crore to expand its operations in South Africa.

The company will increase its investment in its South African subsidiary while raising its stake in Adcock Ingram Holdings from 35.75% to 49%, supporting its long-term growth strategy across African pharmaceutical markets.

Premier Explosives Surges on Acquisition Buzz

Premier Explosives shares gained after reports suggested that Apollo Micro Systems is close to acquiring the company in a deal valued at around ₹2,300–2,500 crore, including the mandatory open offer.

If completed, the acquisition could create a larger integrated defence manufacturing company by combining Apollo Micro Systems' defence electronics capabilities with Premier Explosives' expertise in explosives, propellants and ammunition systems.

The development comes at a time when India's defence sector continues to benefit from higher government spending, increased localisation and rising defence exports.

Key Stocks to Watch Today

Market Outlook

Indian equities recovered on Thursday despite ongoing global uncertainty. Investors are likely to remain focused on corporate earnings, crude oil prices, geopolitical developments and company-specific announcements.

Renewable energy, defence manufacturing, pharmaceuticals and AI infrastructure-related stocks could continue witnessing strong investor interest amid positive business developments.

Why are Premier Energies shares in focus?

Premier Energies secured new solar equipment orders, reinforcing its position in India's growing renewable energy industry.

Why is RCF in the news?

RCF plans to raise equity capital through a proposed Follow-on Public Offer (FPO).

What is HFCL's OptiQ AI?

OptiQ AI is HFCL's new optical connectivity brand designed for AI, cloud computing and hyperscale data centres.

Why did Premier Explosives gain?

Reports suggest Apollo Micro Systems is in advanced discussions to acquire Premier Explosives, boosting investor sentiment.