Stocks to watch for September 16: HDFC Bank, BHEL, Bharat Forge, Vedanta and more

Bharat Forge Ltd | Global metal forging company Bharat Forge Ltd said the company and RTX's Pratt & Whitney Canada will work together to evaluate the integration of advanced turboprop engines into a high-altitude, long-endurance (HALE) unmanned aerial vehicle (UAV) programme designed and developed by India’s Defence Research and Development Organisation (DRDO).

Blue Star Ltd | Mumbai-based home appliances firm said that W.J. Towell & Co LLC (WJT), an Oman-based entity, has approached the Dubai Court of Appeal seeking annulment of an arbitration award that dismissed all claims made against the company.

Vedanta Ltd | Mining major said it will hold a Committee of Directors meeting on Friday, September 18, to consider a proposal to issue Non-Convertible Debentures (NCDs) through private placement.

Tata Communications Ltd | The firm said its subsidiary Tata Communications (Canada) Ltd (TC Canada) and the Canada Revenue Agency (CRA) have reached an agreement in principle to settle tax claims related to income from TC Canada’s international telecommunications services

BHEL | State-run Bharat Heavy Electricals has signed a joint venture agreement with Titagarh Rail Systems to provide comprehensive maintenance for Vande Bharat sleeper trainsets over 35 years, BHEL said in a regulatory filing on Tuesday.

NBCC (India) Ltd | State-owned firm said it has received work orders worth approximately ₹144.98 crore, excluding Goods and Services Tax (GST), from the North Eastern Electric Power Corporation Ltd (NEEPCO), Steel Authority of India Ltd (SAIL), Enforcement Directorate and Damodar Valley Corporation (DVC).

GMR Airports | The firm recorded 9.4 million passenger movements across its airport portfolio in August, taking year-to-date traffic in financial year 2027 to 48.97 million, up 0.4% from the year-ago period.

Purple Style Labs Ltd | The parent company of Pernia's Pop-Up Shop said it has approved an investment of ₹420 crore in its wholly owned subsidiary PSL Retail Private Ltd through a rights issue.

Sonata Software | The company announced that Sonata Information Technology Limited (SITL), its domestic business, has signed a five-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to accelerate cloud adoption and modernization for enterprises across India.

India Pesticides Ltd | The firm has secured regulatory approvals for two of its pesticide products in international markets. The company has obtained Technical Equivalence approval for an insecticide product in the United Kingdom, with the approval dated September 15, 2026. Separately, it has obtained registration for a herbicide product in Argentina, also dated September 15, 2026.

HDFC Bank | The shortlist of candidates who could succeed Sashidhar Jagdishan as CEO of HDFC Bank has sparked investor interest. The stock gained 1.18% to close at ₹716.60 on September 15.