Indian stock markets are set for another action-packed session on Thursday, September 18, with several corporate developments expected to keep select stocks in focus. Here are the top companies likely to be on traders’ and investors’ radar today:
Stocks to Watch Today, September 18
TVS Motor Company – The company, along with its distributor Car & General, has launched the TVS King Deluxe Plus CNG three-wheeler in Tanzania.
Biocon – Biocon Biologics has received approval from the U.S. Food and Drug Administration (FDA) for its denosumab biosimilars, Bosaya™ and Aukelso™.
Aurobindo Pharma – The company has set up a wholly owned subsidiary in Malaysia as part of its international business expansion strategy.
Bandhan Bank – The lender has sold 15.4 crore shares in Yes Bank to Sumitomo Mitsui Banking Corporation (SMBC) at ₹21.50 per share. Its holding has reduced to 0.21%.
Federal Bank – The bank has sold 16.62 crore shares in Yes Bank to SMBC at ₹21.50 per share.
Waaree Energies – The company plans to sell 61 lakh shares, representing 15% equity, of Indosolar at a floor price of ₹500 per share.
Escorts Kubota – The company has introduced a new combine harvester, the ‘PRO588i-G’, under the Kubota brand.
Cochin Shipyard – The shipbuilder has secured a contract worth ₹200 crore from Oil and Natural Gas Corporation (ONGC) for repairs of a jack-up rig.
Go Digit – CRISIL has upgraded the company’s corporate credit rating to AA- from A+ with a stable outlook.
MOIL – The company has exported its first shipment of 54,600 tonnes of manganese ore as a state trading enterprise (STE) to Indonesia.
Havells India – The company has received an allotment of land at Alwar from RIICO for its upcoming capital expenditure projects.
Mirza International – The Income Tax Department’s search operations at company locations have ended, with search teams leaving peacefully.
Cohance Lifesciences – Advent International is likely to sell up to 5.10% equity through a block deal. The offer price is expected at a 7% discount to the current market price.
Indosolar – Promoters are planning to sell up to 61 lakh shares, representing 15% equity, through an offer for sale at a floor price of ₹500 per share.
Vikram Solar – Promoters have re-pledged shares against loans taken by the company.
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.
