Top Stocks to Watch on September 16, 2026: IPOs, Earnings and Dividend Updates

Indian equity markets woke up to a brisk sell‑off on Tuesday, with the BSE Sensex sliding 777.94 points (about 1.04%) to 74,003.82 and the NSE Nifty50 slipping 279.50 points (roughly 1.19%) to 23,118.60. Higher bond yields and pricey crude oil were the usual culprits, but the real story for investors tomorrow is the line‑up of stocks that will be under the scanner.

First on the agenda are the fresh faces hitting the exchange. Kanohar Electricals, the transformer maker, kicked off its market debut on Wednesday after raising a cool Rs 1,056 crore in an IPO priced between Rs 601‑632 per share. The issue was heavily oversubscribed – 90.59 times – with more than 49 lakh applications. Not far behind, Glass Wall Systems, a façade‑solutions specialist, priced its shares at Rs 172‑182 and pulled in Rs 428 crore, seeing an 81.65‑times subscription.

Prasol Chemicals also joined the party, collecting Rs 500 crore at a price band of Rs 643‑676. Though its subscription was modest at 3.30 times, the company still attracted close to 1.83 lakh hopeful investors.

On the corporate action front, Groww’s parent is likely to see a sizable block‑deal. Peak XV Partners and Sequoia Capital may off‑load up to 10.02 crore shares (about 1.6% of equity) in a deal worth roughly Rs 1,918 crore, with a floor price of Rs 191.45 per share.

State‑run heavy‑gear giant BHEL announced a 50:50 joint venture with Titagarh Rail Systems to maintain Vande Bharat sleeper trainsets for the next 35 years – a move that could strengthen its order‑book.

GMR Airports posted a mixed traffic picture for August 2026: overall passenger numbers rose 0.9% YoY to 94.35 lakh, domestic traffic slipped 1.1% while international traffic nudged up 0.5%. Aircraft movements, however, jumped 6.3% to 62,498.

In pharma news, the US FDA wrapped up an inspection of Aurobindo Pharma’s Unit‑II API plant in Telangana, noting a single procedural observation – a relatively benign finding.

Infrastructure heavyweight NBCC secured work orders worth Rs 144.98 crore from NE Electricity Power Corp, SAIL, Damodar Valley Corp and the Enforcement Directorate in Bhubaneswar, hinting at a busy pipeline.

Among dividend‑paying stocks, a long list – from 63 Moons and Ajmera Realty to Hindustan Copper and Garware Hi‑Tech – will trade ex‑dividend today, giving income‑focused investors a reason to stay attentive.

Lastly, earnings updates are on the radar: newly listed Tempsens Instruments (India) will unveil its June 2026 quarter results later today, while Sunshine Pictures reported a modest net profit of Rs 0.25 crore for the same period.