Stocks in focus today: Polycab, Tata Power, Tata Steel, Airtel, Ola Electric and more
Polycab faces an insolvency petition, while Tata Power, Tata Steel and Airtel announce business updates; MRF gets tax relief, Ola advances its rights issue, and other companies report fundraising, orders, acquisitions, investments, partnerships and strategic moves
Tata Power has formed a partnership with Norway's Ocean Sun to introduce floating solar technology using membranes to India. Tata Steel reported higher crude steel production in Q2 and H1 of FY2027, driven by increased output at its Jamshedpur and Kalinganagar facilities. Bharti Airtel has raised postpaid tariffs by Rs 50, effective October 8, 2026, with new packages offering free international roaming once per year.
Ola Electric finalized a capital raising initiative, issuing partly paid-up equity shares worth up to Rs 1,000 crore via a rights issue. Brainbees Solutions Ltd announced a stake sale in Mush Textile Private Limited for Rs 5.68 crore, with Nihar Gosalia and Vaishvik Brahmbhatt acquiring controlling shares. Eveready Industries plans to enter mosquito protection market with portable liquid vaporisers, targeting Rs 100 crore in revenues within three years.
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