Power Mech Projects’ share price surged as much as 5.7 % to a session peak of ₹2,535 on the NSE after the company secured a ₹549.37 crore operation and maintenance order from Adani Group’s Moxie Power Generation. The Indian benchmark indices were in positive territory on Wednesday, September 30, with the SENSEX climbing 0.74 % to an intraday high of 73,062.23 and the NIFTY50 rising 0.41 % to a session peak of 22,809.35. At 12:58 PM, the S&P BSE SENSEX advanced 446.22 points, or 0.62 %, to 72,975.29, while the NSE’s NIFTY50 stood at 22,791.85, a 75.65‑point, or 0.33 % jump.

Among the NIFTY50 constituents, the top gainers were ICICI Bank, Kotak Mahindra Bank, Tata Consultancy Services (TCS), Axis Bank and InterGlobe Aviation (IndiGo). The top losers included Apollo Hospitals Enterprise, Max Healthcare Institute, BSE, Eternal and SBI Life Insurance Company. The rally was supported by buying in railway PSU and defence stocks, which helped lift the overall market sentiment.

Shares of KSB rose as much as 9.11 % to an intraday high of ₹900 on the NSE on Wednesday, September 30, after the company announced a ₹118 crore export order from Dangote Projects Free Zone Enterprise, a Dangote Group entity based in Nigeria. In an exchange filing, KSB disclosed that it would supply around 18 boiler feed pump packages to the Nigerian entity, valued at $12,400,051 or $12.4 million, which is approximately ₹118 crore.

The order’s scope includes providing complete operation and maintenance services at the 2x600 MW Moxie Power Generation Ltd. Tuticorin TPP, with a five‑year contract period effective from October 1, as stated in a regulatory filing. Power Mech Projects will manage the plant’s operations and maintenance, ensuring continuous performance over the agreed term.

KPI Green Energy’s stock rose as much as 4.21 % to an intraday high of ₹371.25 after the company signed a binding offer to acquire 100 % of the equity of Alfanar Energy Private Limited (AEPL) and Netra Wind Private Limited (NWPL) at an enterprise value of approximately ₹2,410 crore. The two companies own an aggregate 507.9 MW of operational wind projects at Bhuj in Gujarat’s Kutch wind corridor, adding fully operational, revenue‑generating assets with long‑term contracted revenues to KPI Green’s balance sheet without construction or commissioning risk.

Prestige Estates Projects shares advanced as much as 4.9 % to a session peak of ₹1,468.50 after its hospitality unit raised ₹3,000 crore from the Canada Pension Plan Investment Board (CPPIB) by diluting a 27 % stake. According to a regulatory filing, CPPIB will acquire approximately a 27 % stake in Prestige Hospitality Ventures Limited (PHVL) with the investment, and the majority of the capital will be used for continued expansion of the platform. PHVL owns and operates a portfolio of luxury and premium hotels in key cities across India.