The Indian stock market stayed in focus as key companies announced important updates. From Tata Motors to Hyundai Motor India, Adani Power, and leading pharma firms, developments across sectors kept investors engaged. Automobiles, energy, and pharmaceuticals remained the driving themes, shaping sentiment in today’s trade. With moves ranging from price revisions to strategic partnerships and regulatory inspections, market watchers continue to track these names closely for potential action in the sessions ahead. Here’s what the Indian stock market looked like on September 08.
Indian Stock Market on September 08
Tata Motors
Tata Motors has announced price cuts across its ICE SUV portfolio, effective September 22. Depending on the model and variant, customers can now benefit from savings ranging between Rs 1.01 lakh and Rs 1.56 lakh, boosting affordability ahead of the festive season.
Hyundai Motor
Hyundai Motor India has decided to pass on the full GST rate cut benefit to its customers. Prices of its passenger vehicles have been reduced by up to Rs 2.4 lakh starting September 22.
Adani Power
Adani Power has entered into a shareholders’ agreement with Bhutan’s Druk Green Power Corporation. Together, the two companies will establish a 570 MW hydroelectric project at Wangchhu through a joint venture, strengthening regional energy cooperation.
Zydus Lifesciences
The US FDA recently inspected Zydus Lifesciences’ injectable plant in Vadodara between August 25 and September 5. Officials noted four observations during the inspection, though no data integrity concerns were found.
Mahindra & Mahindra
Mahindra & Mahindra has also announced price cuts across its ICE SUV portfolio with immediate effect. Popular models, including the Thar, Scorpio, Bolero, XUV700, and Scorpio-N, now come with savings ranging from Rs 1.01 lakh to Rs 1.56 lakh.
