Indian stocks to watch on October 28, 2026, include Choice International, whose broking subsidiary has closed a roughly ₹900 crore investment, and Subros, which has received a business award from Maruti Suzuki worth approximately ₹1,225 crore over the life of a vehicle model.

Key Takeaways

  • Choice Equity Broking received approximately ₹900 crore from South Korea’s NH Investment & Securities.
  • Subros said its HVAC assembly award covers a model life cycle of about seven years.
  • Infosys completed an SAP platform implementation for Syngenta’s Crop Protection business.

Indian stocks: Choice closes investment

Choice International said NH Investment & Securities completed its strategic investment in Choice Equity Broking. The subsidiary received the full subscription consideration of about ₹900 crore and allotted 42,25,350 fully paid-up compulsory convertible preference shares at ₹2,130 each under a subscription agreement dated July 9, 2026.

Choice’s partnership outline describes plans to use the capital primarily for expansion across broking, wealth management and investment distribution, among other priorities. The outline describes the proposed investment; the company’s latest announcement says the transaction has closed.

Subros award and Infosys platform

Subros received confirmation of a new HVAC assembly business award from Maruti Suzuki India. The approximate ₹1,225 crore value is spread over the model’s expected life cycle of about seven years, rather than representing a single year of revenue.

Infosys completed a global SAP S/4HANA implementation for Syngenta’s Crop Protection business. The jointly delivered programme brings operations from multiple enterprise resource planning systems onto a single platform covering more than 10,000 employees in 80 countries.

Infrastructure, energy and industrial updates

Steamhouse India signed a memorandum of understanding with the Haryana Enterprises Promotion Centre to explore industrial infrastructure opportunities involving a proposed ₹500 crore investment. The framework includes evaluating community boiler infrastructure; it does not establish that a project has been completed.

Exide Industries invested ₹149.99 crore in wholly owned Exide Energy Solutions through a rights issue, taking its total investment in the subsidiary to ₹5,352.23 crore.

Mishra Dhatu Nigam and the Bhabha Atomic Research Centre signed an agreement to collaborate on recovering cobalt and nickel from plant reverts. Gulf Oil Lubricants India reported a fire at its Valsad warehouse in Gujarat; the cause remains uncertain, though preliminary assessments suggested it began at a neighbouring unit.

Other contract developments

Kothari Industrial received a two-year work order from the Tamil Nadu Co-operative Milk Producers’ Federation to provide 78 unskilled workers at its Central Dairy in Chennai. The contract is worth ₹3,75,01,822.80, including GST.

Sai Urja Indo Ventures was declared the lowest bidder for an NTPC contract worth ₹20.64 crore.

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