Buzzing Stocks: Texmaco Infra gains 4% on block deal; Allcargo Terminals jumps on 6% rise in August…

Buzzing Stocks: Texmaco Infra gains 4% on block deal; Allcargo Terminals jumps on 6% rise in August...

Fresh updates from the financial markets indicate that Stock-specific activity is likely to stay in focus on Dalal Street on September 23, following a slew of corporate developments, block deal.

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Stock price of Texmaco Infrastructure & Holdings further noted 4% after 1.28 crore shares worth Rs 147 crore change hands at Rs 115/share in block deal window.

Persistent Systems stock price declined 1.5% after firm secured 75.68 lakh equity shares, representing approximately 61.15 percent of Nagarro SE’s outstanding share capital, through a voluntary public takeover offer. The firm had already acquired an approximately 22.10 percent stake in Nagarro under a share purchase agreement with Lantano Beteiligungen GmbH. As a result, Persistent Systems’ aggregate shareholding in Nagarro stood at 83.25 percent, excluding treasury shares, as of September 17.

Shares of IRB Infrastructure jumped nearly 2% after firm board has granted in-principle approval and authorised the firm to monetise its non-core assets through the phased development of land parcels measuring around 350 acres, out of the total 1,100 acres owned by Aryan Infrastructure Investments (AIIPL) at Taje and Pimpaloli villages in Pune district. The initiative additionally includes the redevelopment and rehabilitation of part of the land parcels measuring around 3,500 square metres owned by Ideal Road Builders (IRBPL) at Chandivali in Mumbai.

Stock price of Allcargo Terminals further noted 5% after firm's total volumes in August 2026 stood at 65,600 TEUs (twenty-foot equivalent units), registering a 6 percent year-on-year expansion and a 5 percent gain from the previous month.

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360 ONE WAM stock price rose nearly 3% after board approved the appointment of Aashish Agarwal as Chief Executive Officer of the firm, designated as a key managerial personnel, with effect from February 15, 2027. Karan Bhagat will continue as Managing Director of the firm, with no change to his existing tenure until July 26, 2030, as approved earlier, and will be eligible for reappointment. The Board has additionally appointed Karan Bhagat as Vice Chairman and Managing Director with effect from February 15, 2027.

Market participants are anticipated to stay focused on brokerage calls, block deals, order wins, regulatory developments and other firm-specific triggers that could drive stock-level volatility during the session.

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