Stocks in news: Tata Motors, Adani Green, Waaree Energies and PVR Inox

Markets rebounded sharply on Wednesday, snapping an eight-session losing streak on the back of firm domestic cues. The rebound was fueled by the Reserve Bank of India’s Monetary Policy Committee keeping the repo rate unchanged at 5.5%, in line with expectations, while signaling confidence in the domestic economic outlook. Additional support came from easing crude oil prices and sustained strength in global equities.

Analysts said participants should avoid reading too much into a single-day rebound and wait for stability above 24,900 to confirm a sustained recovery, with immediate support now placed in the 24,600–24,700 zone.

In today's trade, shares of Tata Motors, Adani Green, Waaree Energies, Maruti Suzuki, PVR Inox among others will be in focus due to various news developments.

Tata Motors
Tata Motors, powered by a surge in SUV and electric vehicle sales, has overtaken Hyundai Motor India and Mahindra & Mahindra in September registrations, while also widening its lead over JSW MG Motor in the EV race. According to the government's Vahan portal, the company jumped from fourth place in the year-earlier month to second, behind market leader Maruti Suzuki.

RIL
Reliance Consumer Products plans to partner with dozens of regional water makers for its new mass-priced water brand Campa Sure, which could disrupt the intensely competitive and fragmented Rs 30,000-crore packaged water category with aggressive pricing. The partnerships will be structured on bottling, technology, and possible branding tie-ups.

Adani Green
A deal by Adani Green Energy to provide solar power, which is already subject to a US bribery investigation, faces a further challenge as its main buyer, Andhra Pradesh, has asked for guarantees that transmission charges will be waived, Reuters reported. The transmission fee, which could increase the cost of the solar power by around 40%, is mandated by central law, meaning waiving it would be problematic.

PVR Inox
Fair trade regulator CCI has directed a probe into multiplex chain PVR INOX over alleged abuse of dominant position in continuing to levy virtual print fee on producers, even after cinema halls fully shifted to digital projection. The order came after a complaint was filed by the Film and Television Producers' Guild of India, which alleged that PVR INOX was misusing its market power by continuing to charge the virtual print fee (VPF) even after full digitisation of theatres.

Hero MotoCorp
Hero MotoCorp reported 8% year-on-year increase in its sales at 6,87,220 units in September. The two-wheeler major sold 6,37,050 units in September last year. In the domestic market, the company dispatched 6,47,582 units last month, as compared with 6,16,706 units in the year-ago period, Hero MotoCorp said in a statement. Exports rose to 39,638 units last month as against 20,344 units in September 2024.

Maruti Suzuki
Maruti Suzuki reported a 3% rise in total sales at 1,89,665 units in September, compared to 1,84,727 units in the same month last year. The growth was driven by record-high exports, even as domestic volumes dipped due to logistical challenges. In the domestic market, Maruti sold 1,35,711 units last month, down from 1,48,061 units in September 2024.

Waaree Energies
The company approved an increase in the capacity of Lithium Ion Advanced Chemistry Storage Cell and BESS manufacturing plant from 3.5 GWh to 20 GWh and an additional Capex of Rs 8000 crore in its wholly owned subsidiary Waaree Energy Storage Solutions.