Indian equities are likely to stay in focus today as several companies announced fresh deals, acquisitions, and strategic updates. Here are the key stocks to keep on your radar this Wednesday:
Stocks to Watch Today, September 24
-
Infosys: Expanded long-term collaboration with Sunrise, Swiss telecom firm, for AI solutions.
-
HCLTech: Renewed and expanded digital transformation pact with one of the world’s largest commercial vehicle makers.
-
SBI Cards: August card spending up 25% YoY; market share improved 50 bps MoM.
-
Dilip Buildcon: JV declared lowest bidder for a ₹1,115 crore project in Kerala.
-
Swiggy: To sell Rapido stake to Prosus for ₹1,968 crore; approves slump sale of Instamart to wholly owned subsidiary.
-
Minda Corp: Released Vision 2030; targets 3.5x revenue growth, margin improvement to 12.5%+ in FY25.
-
NDR InvIT: Radhakishan Damani and Aryaman Jhunjhunwala Trust among buyers in block deals.
-
Bajaj Electricals: To acquire Morphy Richards brand rights in India and nearby regions for ₹146 crore.
-
VIP Industries: Appoints Atul Jain (ex-Samsung Electronics Senior Director) as MD for five years.
-
Lemon Tree Hotels: Signs two new properties — Varanasi (UP) and Rewa (MP).
-
Torrent Power: Acquires lease rights for 922 acres in Madhya Pradesh for power project worth ₹211 crore.
-
Torrent Pharma: Gets approval from Competition Commission, South Africa, for JB Chemicals acquisition.
-
Akzo Nobel India: Imperial Chemical may sell up to 5% equity via block deals; floor price at 4% discount to CMP.
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.
