Stocks of Wipro, LIC, Hindustan Copper, Hero MotoCorp And Tejas Networks In Focus Today

Shares of these companies could remain on the radar after corporate announcements made after the previous trading session. The updates cover technology partnerships, fresh investments, fundraising proposals, acquisitions and new orders.

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Wipro Expands Google Cloud Partnership

Wipro is expanding its partnership with Google Cloud to speed up enterprise adoption of Gemini Enterprise and agentic artificial intelligence solutions. The company did not disclose financial details of the expanded arrangement in the information provided.

LIC To Invest ₹5,000 Crore In Bajaj Finance

Life Insurance Corporation of India (LIC) will subscribe to a ₹5,000-crore non-convertible debenture issue of Bajaj Finance. The investment comes as LIC adds exposure to the financing company’s debt issuance.

LIC Housing Finance also issued a clarification regarding an NCLT order. The company said the proceedings relate only to insolvency proceedings against personal guarantor Subhash Chandra and do not extend to the borrower entities. It retains its rights over secured and pledged assets and will continue recovery and enforcement measures.

Hindustan Copper Plans QIP

Hindustan Copper’s board is scheduled to consider a qualified institutional placement of up to 9.7 crore shares on September 23. The board will also consider raising ₹500 crore through non-convertible debentures and other instruments.

The proposed QIP and debt fundraising come alongside the company’s existing plans to expand its funding options.

Hero MotoCorp To Raise Ather Stake

Hero MotoCorp will acquire additional shares in Ather Energy for ₹1,758 crore. Following the transaction, its holding in the electric two-wheeler company is expected to increase to 32.8%, from 29.88%.
The deal will therefore increase Hero MotoCorp’s existing ownership in Ather Energy.

Tejas Networks Gets ₹1,537-Crore Order

Tejas Networks has received a ₹1,537-crore letter of intent from Tata Consultancy Services for the supply of radio access network equipment. The order places the company among the key stocks to track in the telecom equipment segment.

For investors monitoring the Tejas Networks share price, the announcement is one of the company’s notable business updates.

Other Corporate Developments

Great Eastern Shipping’s board approved a ₹900-crore share buyback at a maximum price of ₹1,530 per share. The offer covers up to 58.8 lakh shares, equivalent to 4.12% of the company’s equity.
Texmaco Rail & Engineering has signed an agreement with Germany’s Bochumer Verein covering railway wheels, wheelsets and axles.

Marico reported that it created 547 crore litres of water conservation potential during FY26.
ICICI Bank has completed the issuance of $1 billion in senior notes under its $7.5 billion Global Medium Term Note programme.

The announcements provide a mix of company-specific developments for the market to track, ranging from capital raising and acquisitions to new business orders and strategic partnerships.