Stocks to Watch: JSW Infra, Maruti Suzuki, TCS, Vedanta, Ultratech Cement

livemint.com:

JSW Infrastructure: The initial public offering (IPO) of India’s second-largest commercial port operator JSW Infrastructure received a strong response from investors and will make its debut on the Indian stock market exchanges on Tuesday, October 3. JSW Infrastructure shares are likely to list with a decent premium on stock exchanges given the strong subscription numbers and healthy prospects of the company. JSW Infrastructure IPO listing will take place within the T+2 timeline (IPO closing date + 2 working days).

Maruti Suzuki: Maruti Suzuki India, the largest passenger car manufacturer in the country, reported its highest-ever monthly sales in September 2023. The company’s total wholesales last month increased 2.8% year-on-year (YoY) to 181,343 units from 176,306 units dispatched to dealers in the same month last year. Total sales in the month include domestic sales of 153,106 units, sales to other OEMs of 5,726 units and exports of 22,511 units.

TCS: India's largest IT company Tata Consultancy Services (TCS) has ended the hybrid work policy for its employees and with effect from 1 October, all employees are asked to work from the office for five days a week. Currently, employees are attending the office for three days a week but the company ended the hybrid work model in an internal communication. The development is not surprising as TCS has been emphasizing the work-from-office model for a while now.