Indian stock markets are expected to remain in focus today, September 12, as several companies announced key corporate developments that could influence investor sentiment. From buybacks and acquisitions to major project wins and regulatory updates, here’s a look at the top stocks to watch.
Stocks to Watch Today, September 12
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Infosys: Board has approved a buyback of 10 crore shares (2.4% of equity) worth up to ₹18,000 crore at ₹1,800 per share.
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NBCC: Signed a Memorandum of Understanding with RIICO for projects valued at around ₹3,700 crore.
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Lodha Developers: Entered into an MoU with the Maharashtra government for a ₹30,000 crore Green Integrated Data Centre Park at Palava.
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Marico: To acquire the remaining 46.02% stake in HW Wellness for ₹138 crore.
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Bharat Forge: Secured an order from an Abu Dhabi-based company; also signed an MoU with UK’s Windracers for UAV applications in India.
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JSW Energy: Commissioned 317 MW of renewable capacity, taking its total installed capacity to 13.1 GW.
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GMR Power: Supreme Court ruled in favour of the company in a coal linkage cost case against three state discoms; firm to recover pending dues.
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NLC India: Signed an MoU with KABIL for collaboration on global critical and strategic mineral projects.
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Railtel: Won orders worth ₹103 crore across various projects.
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JBM Auto: Subsidiary JBM Ecolife Mobility secured $100 million funding from International Finance Corporation.
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Prostam: Received a Letter of Intent for the CCTNS project valued at ₹159 crore.
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Travel Food Services: Obtained a Letter of Award to set up and operate food & beverage outlets, a lounge, and a bar at Cochin Airport.
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HFCL: Andhra Pradesh government allotted 1,000 acres of land in Madakasira Mandal to set up a defence manufacturing unit.
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JSW Infrastructure: Subsidiary acquired a brownfield rail siding in Ballari for ₹57 crore to support a logistics park development.
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Cohance Life Sciences: US FDA issued Form 482 with zero observations for its API manufacturing unit in Andhra Pradesh.
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Asian Paints: Bombay High Court rejected the company’s request to nullify the CCI antitrust probe initiated on a plaint by Birla Opus.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
