SAATVIKGL Bags ₹1,041.63 Cr SECI Order, UNOMINDA To Invest ₹1,415 Cr On Expansion & More
- Share.Market
- 10 min read
- 16 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.
Ending a two-day losing streak, Nifty 50 and Sensex closed nearly 0.50% higher on Wednesday, September 16, with most broad market indices also ending in the green. Sector-wise, most indices ended higher, with Nifty FMCG emerging as the top leader, while Nifty IT was the top loser.
Key Indices – Share Market
Today’s Top News from the Indian Share Market
SAATVIKGLSaatvik Green Energy has secured a domestic order valued at ₹1,041.63 crore from the Solar Energy Corporation of India Limited (SECI). Under the commercial contract, the company will supply Solar PV Modules, with full execution expected by December 2027.
ABDLAllied Blenders & Distillers has received a licence from Telangana excise authorities to manufacture ~4.4 million BL per annum of malt spirits at its Rangapur facility. This permits in-house production to replace third-party sourcing and supports its premium single malt whisky portfolio.
UNOMINDAUno Minda announced four strategic expansion projects across key verticals with a total proposed investment of ~₹1,415 crore. Key projects include a greenfield Aluminium Casting facility in Hosur involving ~₹510 crore capex and a 2-wheeler alloy wheel expansion in Kharkhoda, Haryana.
EXIDEINDExide Industries has entered into a long-term strategic cooperation agreement with Germany’s ExCom Energy Solutions GmbH. The partnership will supply industrial battery and energy storage systems across the European Economic Area under the ExCom brand, leveraging Exide’s manufacturing capabilities and ExCom’s local distribution.
CUMMINSINDCummins India launched its next-generation QSK60-powered G34 and G37 genset solutions at bauma CONEXPO India 2026. Designed for data centres and mission-critical applications, the company also showcased its CPCB IV+ compliant 125 kVA generator set alongside connected aftermarket solutions.
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) |
| 15 Sep 2026 | -2,977.86 | 2,686.05 |
| 11 Sep 2026 | -930.90 | 1,968.17 |
| 10 Sep 2026 | -438.24 | 1,025.85 |
| 09 Sep 2026 | -582.99 | 1,509.04 |
| 08 Sep 2026 | -123.19 | 1,349.64 |
| Month-to-Date | –2,399.11 | 27,223.01 |
What’s Happening Beyond Markets?
- The new UPI framework keeps all person-to-person and 96% of merchant transactions completely free. A nominal 0.4% Merchant Discount Rate will only apply to merchant payments exceeding ₹2,000, ensuring individuals and small businesses remain unaffected.
- India’s cumulative exports for April-August 2026-27 reached an estimated US$ 399.27 billion, marking a 15.55% growth. August 2026 alone recorded exports worth US$ 82.68 billion, driven significantly by surges in electronic goods and petroleum products.
- India’s current account deficit widened to USD 7 billion in the month of July. Despite this expanding deficit, steady capital flows have successfully helped cushion the country’s overall external balance during this period.
- The Union Cabinet approved enhancing the EPFO wage ceiling from ₹15,000 to ₹25,000 per month. This move expands mandatory provident fund, pension, and insurance coverage to over 51 lakh additional employees, strengthening formal worker retirement security.
Corporate Actions
Ex Date and Record Date: 18 September 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 |
| Anupam Rasayan India Ltd. | Dividend | Final Dividend, ₹1.50 |
| Balu Forge Industries Ltd. | Dividend | Final Dividend, ₹0.15 |
| Caplin Point Laboratories Ltd. | Dividend | Final Dividend, ₹4.00 |
| Cochin Shipyard Ltd. | Dividend | Final Dividend, ₹1.50 |
| Emmvee Photovoltaic Power Ltd. | Dividend | Final Dividend, ₹1.00 |
| Genus Power Infrastructures Ltd. | Dividend | Final Dividend, ₹0.50 |
| KRBL Ltd. | Dividend | Final Dividend, ₹4.50 |
| LT Foods Ltd. | Dividend | Final Dividend, ₹1.00 |
| PG Electroplast Ltd. | Dividend | Final Dividend, ₹0.25 |
| Piccadily Agro Industries Ltd. | Dividend | Final Dividend, ₹1.00 |
| Relaxo Footwears Ltd. | Dividend | Final Dividend, ₹3.50 |
| Sharda Motor Industries Ltd. | Dividend | Final Dividend, ₹20.00 |
| Transformers & Rectifiers (India) Ltd. | Dividend | Final Dividend, ₹0.25 |
IPO Corner: Mainboard
Active & Upcoming IPOs
| Company | Date | Total Issue Size | Issue Price | Minimum Investment |
| Hero Motors Ltd. | 16 Sep to 18 Sep, 2026 | ₹1,000 Cr | ₹79 to ₹84 | ₹14,062 |
| SS Retail Ltd. | 16 Sep to 18 Sep, 2026 | ₹500 Cr | ₹403 to ₹424 | ₹14,105 |
Listing Update
| Company | Issue Price | Listing Price | Premium |
| Glass Wall Systems (India) Ltd. | ₹182.00 | ₹190.10 | 4.45% |
| Kanohar Electricals Ltd. | ₹632.00 | ₹672.05 | 6.34% |
Why Indians Are Spending More on Sports
Back to Basics
Terms that put you one step ahead – every day
What is the Difference Between NSC and PPF?
Both the Public Provident Fund (PPF) and National Savings Certificate (NSC) are safe, government-backed tax-saving investments, but they run on completely different timelines. Think of PPF as a financial marathon and NSC as a shorter sprint. PPF is a 15-year commitment where you make flexible yearly deposits to slowly build a tax-free retirement fund. NSC is typically a one-time lump-sum investment that locks your money away for just 5 years.
While both save you taxes, PPF’s final returns are completely tax-free, whereas NSC’s maturity payout is taxable. For everyday investors, this distinction is crucial. If you are building a long-term wealth cushion, PPF is the clear winner. If you need to safely park a one-time bonus for a medium-term goal, go with NSC.
Learn more: https://www.share.market/buzz/learn/nsc-vs-ppf/
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.
