Indian equities are expected to see action on Monday, September 15, as several companies announced key deals, acquisitions, regulatory updates, and business developments. Here’s a detailed look at the stocks that could be in focus today.
Stocks to Watch Today, September 15
Apollo Hospitals Enterprises Ltd (Apollo Hosp): The company will buy IFC’s 31% equity in Apollo Health and Lifestyle for ₹1,254 crore. It will also invest ₹570 crore in a new facility in Gurugram.
Vedanta Ltd: Vedanta said it has resolved its long-standing dispute with SEPCO related to its power business.
Tata Technologies Ltd (Tata Tech): The company has signed an agreement to acquire a German engineering R&D firm with €36 million revenue for a total consideration of €75 million.
Yatharth Hospitals: The healthcare player will acquire Shantived Institute of Medical Sciences in Agra for ₹260 crore.
Tega Industries Ltd (Tega): The company will raise up to ₹4,000 crore. Separately, Plutus Wealth bought 5.15 lakh shares worth ₹1,963 crore via block deals.
SRF Ltd: SRF signed an MoU with Tata Steel SEZ for a ₹282 crore lease to set up a chemicals capex project at Gopalpur.
Railtel Corporation of India Ltd: Railtel has received a Letter of Award for a project worth ₹210 crore from Bihar Electricity Power Company (BEPC).
Alembic Pharmaceuticals Ltd: The US FDA has cleared Alembic’s API-I and API-II facilities located at Panelav, Gujarat.
Engineers India Ltd (EIL): The company bagged a ₹618 crore contract from a fertilizer company in Africa. The project will be executed over 24 months.
Ceigall India Ltd: Ceigall was declared the lowest bidder for a road project in Greater Mohali, valued at ₹509 crore.
Rashtriya Chemicals and Fertilizers Ltd (RCF): The company has started production at its new 100 metric tonnes per day liquid CO₂ unit.
Diamond Power Infrastructure Ltd: The company received a Letter of Intent for a ₹236 crore contract from Adani Energy.
Dr. Reddy’s Laboratories Ltd (DRL): The US FDA issued Form 483 with five observations for its biologics manufacturing facility in Bachupally, Hyderabad.
JSW Energy Ltd: The Central Electricity Regulatory Commission (CERC) rejected its appeal on tariff issues for a battery energy storage project awarded by SECI.
Info Edge (India) Ltd: The company said a whistle-blower complaint has been filed regarding its real estate platform 99acres. A specialist law firm will conduct an investigation.
GMR Airports Infrastructure Ltd: August passenger traffic fell 3.5% year-on-year, while aircraft movements declined 4.2%.
KRBL Ltd: Independent director Anil Kumar Chaudhary resigned, citing concerns about “effective governance.”
ACME Solar Holdings Ltd: The company and the sellers of AK Renewable Infra have mutually agreed not to proceed with their proposed acquisition deal.
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