Indian markets are expected to track key corporate developments today, September 17, as several listed companies announced updates that could influence stock movement. Here’s a look at the major stocks in focus:
Stocks to Watch Today, September 17
Larsen & Toubro (L&T): The company has submitted a formal request to the government to exit the Hyderabad Metro project, citing mounting losses.
Coal India: The state-owned miner has emerged as the preferred bidder for the Chandragiri rare earth elements block.
HCLTech: Its subsidiary has launched UNICA+, an AI-first mar-tech engine, in India.
Mahindra Lifespace: The company will redevelop two housing societies in Chembur with an estimated gross development value (GDV) of ₹1,700 crore.
Bharat Electronics (BEL): BEL has bagged orders worth ₹712 crore since its last disclosure on September 1.
Dr. Reddy’s Laboratories (DRL): The pharma major has launched ‘Tegoprazan’, a novel molecule for treating gastrointestinal diseases, in India.
NLC India: The company has received a Letter of Intent (LoI) from the Chhattisgarh government for phosphorite and limestone blocks.
Apollo Tyres: The tyre manufacturer has become the lead sponsor of Team India under a three-year strategic partnership with the BCCI.
Akzo Nobel: The Competition Commission of India (CCI) has approved JSW Paints’ acquisition of up to 75% shareholding in the company.
Aditya Birla Fashion (AB Fashion): The firm has launched a new value retail brand named OWND and plans to open 100 stores this year.
Premier Explosives: The Telangana Pollution Control Board has revoked the closure order for its Katepally plant.
RailTel: The company has received a Letter of Award (LoA) for projects worth ₹163 crore.
SJS Enterprises: It has signed an MoU with BOE Varitronix to collaborate on automotive display manufacturing in India.
TVS Holdings: The company will consider a bonus issue of preference shares on September 22. Promoters currently hold 74.45% equity.
Krystal Integrated Services: The company has bagged a ₹168 crore sanitation services contract from the Andhra Pradesh government.
Ashapura Minechem: The company signed a cooperation agreement with China Railway to develop its Boffa bauxite deposit in Guinea.
Lupin: The US FDA has issued six observations for the company’s Nagpur injectable facility.
Jindal Steel: Its international subsidiary has submitted a non-binding offer to acquire Thyssenkrupp’s European steel business.
Amber Enterprises: The company has launched a qualified institutional placement (QIP), aiming to raise up to ₹1,200 crore at an indicative issue price of 3.5–6% discount to CMP.
Gujarat Fluorochemicals (Guj Fluoro): A promoter is likely to sell 13 lakh shares through block deals, with a floor price at a 5.30% discount to CMP.
Dreamfolks Services: The company confirmed that services at domestic airport lounges have been discontinued.
Mobikwik: Some registered merchants and users have claimed unauthorised settlements from the company.
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