ELLEN Bags ₹481 Cr BHEL Contract, IRFC Signs ₹4,200 Cr Term Loan Agreement With DVC & More
- Share.Market
- 10 min read
- 29 Sep 2026
Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.
Nifty 50 and Sensex extended losses for the second consecutive day, ending a volatile trading session around 0.30% lower on Tuesday, September 29. On the sectoral front, most indices ended in the red, led by Nifty Consumer Durables, while Nifty Metal, Nifty Pharma, Nifty Healthcare Index, and Nifty Media were the only gainers.
Key Indices – Share Market
Today’s Top News from the Indian Share Market
ELLENEllenbarrie Industrial Gases has secured a ₹481 crore turnkey contract from BHEL to supply a 1,200 TPD Air Separation Unit for its Coal to Ammonium Nitrate project in Odisha. Executed over eight quarters on a Build and Transfer basis, this takes Ellenbarrie into an exclusive list of firms capable of building plants exceeding 1,000 TPD.
IRFCIndian Railway Finance Corporation has signed a ₹4,200 crore Term Loan Agreement with Damodar Valley Corporation. The financing will fund DVC’s floating solar, ground-mounted solar, rooftop solar, and Battery Energy Storage System projects across Jharkhand and West Bengal, reinforcing clean energy infrastructure to support Indian Railways’ Net Zero Carbon Emissions target by 2030.
POWERMECHPower Mech Projects has secured a ₹279.20 crore domestic contract from Telangana Power Generation Corporation Limited. The 3-year operations and maintenance order covers the Ash Handling Plant (Stages I & II) and complete Coal Handling Plant at the 5×800 MW YTPS facility.
GESHIPGreat Eastern Shipping Company has contracted to acquire a new-building Suezmax Tanker of approximately 157,000 dwt, to be constructed in the Far East. Funded via internal accruals, the vessel is scheduled for delivery in H2 FY29 to expand its fleet, which currently stands at 40 owned vessels with near 100% capacity utilization.
ITCITC has acquired 13,445 equity shares of Sproutlife Foods Private Limited for approximately ₹645 crore. Consequently, Sproutlife, which manufactures food products under the digital-first ‘Yoga Bar’ trademark, has become a wholly-owned subsidiary of ITC to augment its future-ready foods portfolio.
NCCNCC Limited has received a Letter of Acceptance for a ₹1,076.71 crore contract (excluding GST) from the Rural Water Supply and Sanitation Department, Government of Andhra Pradesh. The domestic project involves constructing a Drinking Water Supply scheme under the Multi Village Scheme on Yeleru Reservoir for Anakapalli Segment over a 24-month period.
Broader Market Performance Today
INDIA VIXTop Performing Sectors Today
*Prices shown may have delay up-to 15 minutes
Today’s Top Gainers and Losers
*Prices shown may have delay up-to 15 minutes
FII DII Activity (₹ Cr)
| Date | FII (Net Value) | DII (Net Value) |
| 28 Sep 2026 | -5,353.22 | 5,189.02 |
| 25 Sep 2026 | -3,693.93 | 2,838.17 |
| 24 Sep 2026 | -5,027.36 | 4,301.18 |
| 23 Sep 2026 | 1,617.45 | 2,341.46 |
| 22 Sep 2026 | -3,809.99 | 4,120.07 |
| Month-to-Date | -23,884.19 | 57,355.85 |
What’s Happening Beyond Markets?
- According to Ministry of Statistics and Programme Implementation data, India’s Index of Industrial Production recorded 8.0% year-on-year growth in August 2026. This expansion was primarily driven by a 9.0% growth in manufacturing and 12.3% in electricity and gas supply.
- The Central Board of Direct Taxes extended the due date for furnishing Income Tax Returns for Assessment Year 2026-27 to November 21, 2026, for audited entities. Consequently, the deadline for submitting corresponding tax audit reports was moved to October 21, 2026.
- The Ministry of MSME and MoSPI signed a Memorandum of Understanding to establish a two-way API framework. This agreement facilitates unit-wise data sharing from the Udyam Registration ecosystem to develop and strengthen the National Statistical Business Register.
- According to TRAI, India’s total telephone subscriber base expanded to 1,360.70 million at the end of August 2026, with overall tele-density reaching 95.07%. Additionally, total broadband subscriptions grew by 0.61% month-on-month to reach 1,101.21 million.
- The US exempted India and 19 other nations from a proposed 100% tariff on speciality drugs. This critical trade exemption helps maintain uninterrupted access and market stability for essential pharmaceutical supplies exported to the United States.
Corporate Actions
Ex Date and Record Date: 01 October 2026
To qualify for a dividend, investors must buy shares before the ex-dividend date. This accommodates the trade settlement period, ensuring that they are officially registered as shareholders by the record date.
| Stock | Event Type | Event Details |
| Indraprastha Gas Ltd. | Dividend | Final Dividend, ₹1.50 |
IPO Corner: Mainboard
Listing Update
| Company | Issue Price | Listing Price | Listing Gains |
| Varmora Granito Ltd. | ₹148.00 | ₹155 | 4.73% |
What is GSM, ASM, and ESM? Why Some Stocks Have Warning Labels
Back to Basics
Terms that put you one step ahead – every day
What is ESG Investing?
ESG investing means buying shares in companies based on how they treat the planet, their people, and their governance structure. Think of it like buying groceries. You might pick one brand over another not just for taste, but because it uses eco-friendly packaging and treats its farmers fairly.
In the stock market, E stands for Environmental (carbon footprint), S for Social (employee welfare and diversity), and G for Governance (ethical leadership and transparent accounting). For everyday investors, ESG helps identify sustainable, forward-looking companies. While it lowers exposure to long-term risks like environmental lawsuits or corporate scandals, a high ESG score doesn’t automatically guarantee strong stock returns.
Learn more: https://www.share.market/buzz/learn/esg-investing/
Before You Go…
Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.
We’ll be back to cut through the noise, so you can focus on investing intelligently.
