Indian stock markets are set for another action-packed trading session on Tuesday, September 9, with several companies making key announcements and developments that could drive their share prices. Here’s a look at the top stocks to watch today.
Infosys: The company will consider a share buyback proposal in its board meeting scheduled for September 11.
TVS Motor: Announced it will pass on the full benefit of GST rate reduction to customers.
Godrej Consumer Products: Started construction of a new manufacturing site in Indonesia with a capital expenditure of ₹250 crore.
IRB Infrastructure: Reported a 12% year-on-year rise in August toll revenue at ₹563 crore, compared to ₹503 crore in August 2024.
HUDCO: Signed a Memorandum of Understanding with Nagpur Metropolitan Region Development Authority to provide funding support of up to ₹11,300 crore.
Strides Pharma: Entered into a product development partnership with Kenox to expand its nasal spray portfolio in the US market.
Morepen Laboratories: Subsidiary Morepen Medipath formed a 50:50 joint venture with UAE-based Bimedical FZE to manufacture medical devices.
Railtel: Received orders worth ₹660 crore from Bihar Education Project Council.
BR Goyal Infra: Secured a work order worth ₹126 crore from the Public Works Region, Nashik.
SpiceJet: Plans to issue securities worth $54 million to settle outstanding dues.
Indian Overseas Bank: Tenure of MD & CEO Ajay Kumar Srivastava extended until October 2027.
Prime Focus: Craft EM Fund acquired a 3.87% stake for ₹188 crore via block deals.
Goodluck India: SBI Funds purchased 4.73 lakh shares at ₹1,230 per share through block deals.
RVNL: Announced that DIPAM has rejected its proposal to set up a wholly-owned subsidiary.
Arkade: Detected a malware incident affecting select IT systems.
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