Stocks To Buy or Sell Today, September 11, 2026: Canara Bank, Texmaco Rail and Godrej Properties Among Shares Likely To Remain in Spotlight on Friday

Indian equity markets are set to track a series of stock-specific corporate actions, capital-raising programmes, and key order wins ahead of the trading session on Friday, September 11. Investors will closely monitor institutional movements and corporate disclosures after domestic benchmark indices snapped a recent losing streak, underpinned by selective buying across large-cap and banking counters.

Among the prominent companies drawing market attention are state-run lender Canara Bank (NSE: CANBK), rolling stock manufacturer Texmaco Rail & Engineering (NSE: TEXRAIL), and real estate developer Godrej Properties (NSE: GODREJPROP).

Canara Bank (NSE: CANBK): Board Approves Capital Raise via AT-1 Bonds

State-owned Canara Bank is in the spotlight following the announcement of a substantial capital mobilisation initiative. The public sector lender plans to raise up to INR 4,500 crore through Basel III-compliant Additional Tier 1 (AT-1) perpetual debt instruments. Reliance Industries Stock Update: Shares Edge Lower on Bond Plan.

This move is part of an overarching INR 8,500 crore fundraising blueprint approved by the bank's board, which also includes up to INR 4,000 crore via Tier 2 bonds. The perpetual AT-1 bonds feature a five-year call option subject to regulatory conditions and have secured 'AA+; Stable' ratings from domestic agencies including ICRA and India Ratings.

The bank is expected to utilise the NSE Electronic Bidding Platform for the proposed AT-1 issuance. Market estimates suggest a coupon yield in the range of 7.85 percent to 7.90 percent. Canara Bank indicated that the balance-sheet fortification is aimed at supporting credit demand across retail, agriculture, MSME, and corporate segments as it targets an INR 30 lakh crore business footprint. Tata Consultancy Services Stock Update: Shares Edge Higher on AI Innovation.

Texmaco Rail & Engineering (NSE: TEXRAIL): New Industrial Contract and Corporate Actions

Texmaco Rail & Engineering is set to draw active trade following the receipt of a domestic supply order alongside its dividend record schedule. The company secured a contract worth INR 27.82 crore from Hindalco Industries Limited for the manufacturing and delivery of one specialised BTAP rake and a brake van intended for Hindalco's Aditya Expansion Project.

According to regulatory filings, the contract is scheduled for execution over an eight-month timeline. The industrial order reinforces Texmaco Rail's freight segment pipeline outside of traditional Indian Railways tenders. In addition, market participants will track the stock as September 11 serves as the ex-dividend and record date for determining shareholder eligibility for its final dividend payout.

Godrej Properties (NSE: GODREJPROP): Real Estate Dynamics and Portfolio Expansion

Godrej Properties remains on trader radars amid heightened activity in the primary residential real estate segment. The developer has seen increased interest driven by ongoing land acquisitions, project rollouts across core urban clusters, and capital planning updates.

With listed developers facing dynamic residential demand and shifting land valuation benchmarks in prime micro-markets like the National Capital Region and Bengaluru, institutional investors are tracking Godrej Properties' operational cash flows, quarterly sales bookings, and execution velocity.

Market Context

Headline indices Nifty 50 and BSE Sensex posted modest gains in their preceding session, led by banking and public sector counters, even as midcap and smallcap segments saw measured performance. Market participants are anticipated to align portfolios around order execution visibility, corporate debt pricing, and domestic liquidity trends through the remainder of the trading week.

(Disclaimer: The information provided in this article is based on news reports and is not intended as investment advice. Investing in stocks involves risk. LatestLY advises its readers to consult with a financial advisor before making any investment decisions.)

(The above story first appeared on LatestLY on Sep 11, 2026 08:00 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).