Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, acquisitions, appointments, and fund raising, here’s a quick look at which stocks will be in focus in today's trade:

Results Today

Gem Aromatics

Sugs Lloyd

Stocks to Watch

Infosys

The Board has approved a proposal to buy back equity shares worth Rs 18,000 crore at Rs 1,800 per share, comprising the purchase of 10 crore shares (2.41% stake).

Additionally, the company announced a strategic alliance with NYSE-listed HanesBrands Inc, a global leader in everyday iconic apparel. Under this ten-year engagement, the company will serve as HanesBrands’ strategic collaborator across their digital, business applications, and data landscape.

Canara Bank

Canara Robeco Asset Management Company, a subsidiary of Canara Bank, has received an observation letter from the Securities and Exchange Board of India (SEBI) dated September 10, for filing the Red Herring Prospectus (RHP) to float an IPO.

Lodha Developers

The real estate developer has signed a Memorandum of Understanding (MoU) worth Rs 30,000 crore with Lodha Developers for setting up a data centre park in Palava. Combined investments of over Rs 30,000 crore are anticipated from Lodha and various data centre players in this park.

Bharat Forge

The company has signed an MoU with Windracers, the UK-based manufacturer of dual-use heavy-lift drones, to collaborate on the deployment, localisation, and application of Windracers ULTRA Unmanned Aerial Vehicle (UAV) across India.

Additionally, Abu Dhabi–based MP3 International, a GRADEONE subsidiary, has signed an agreement with Kalyani Strategic Systems, a wholly-owned subsidiary of Bharat Forge, for the supply of artillery system critical spare parts to the UAE.

Consolidated Construction Consortium

The company has bagged orders worth Rs 180 crore from various clients under the buildings and factories division during the period July 12–September 11. With this, the order backlog stands at Rs 652 crore.

NBCC India

The company has signed an MoU with Rajasthan State Industrial Development & Investment Corporation (RIICO) for the development of Rajasthan Mandapam and allied infrastructure projects near Jaipur International Airport. The project is valued at Rs 3,700 crore.

JBM Auto

The company’s subsidiary JBM Ecolife Mobility has secured a $100 million long-term capital investment from the International Finance Corporation (IFC). The investment will finance the deployment of modern, air-conditioned electric buses across cities in Maharashtra, Assam, and Gujarat.

JSW Infrastructure

The company, through its subsidiary JSW Port Logistics, has announced the acquisition of a brownfield rail siding for Rs 57 crore in Ballari (Karnataka). The site spans over 86 acres and was previously owned by Hothur Ispat.

Marico

The company has entered into a definitive agreement to acquire the remaining 46.02% stake in HW Wellness Solutions (owner of the brand True Elements) from its founders and other shareholders for Rs 138 crore.

On May 23, 2022, the company had acquired 53.98% stake in HW Wellness, thereby making it a subsidiary.

Cohance Lifesciences

The United States Food and Drug Administration (USFDA) conducted a general current Good Manufacturing Practices (cGMP) audit at the company’s API manufacturing facility (API Unit-1) at Jaggaiahpet, Andhra Pradesh, from September 8–11, which concluded with zero Form 483 observations.

State Bank of India

The Financial Services Institutions Bureau (FSIB) has recommended Ravi Ranjan as the new Managing Director of SBI.

Mahindra and Mahindra

The company’s subsidiary, Mahindra Holdings, has acquired the entire stake from Prudential Management & Services in Mahindra & Mahindra Contech and PSL Media & Communications. Following the acquisition, both Mahindra & Mahindra Contech and PSL Media will become direct subsidiaries of Mahindra Holdings.

GMR Power and Urban Infra

The Supreme Court has dismissed the civil appeals filed by the Distribution Licensees of Haryana and GRID Corporation of Odisha (GRIDCO). The court upheld the Tribunal’s judgment dated December 20, 2019, confirming GMR Kamalanga Energy’s position that linkage coal is to be allocated on a pro-rata basis among the project beneficiaries.

JSW Energy

The company has successfully commissioned 317 MW of renewable energy capacity, comprising 240 MW hydro, 34 MW solar, and 43 MW wind, taking the total installed capacity to 13.097 GW.

Arihant Foundations & Housing

The company has received a Letter of Award for the setup, operations, maintenance, and management of food and beverage outlets, lounge, and bar at the Domestic Terminal (T1) of Cochin International Airport.

Indian Overseas Bank

The bank has reduced the Marginal Cost of Funds-based Lending Rate (MCLR) by 5 basis points in the overnight, one-year, two-year, and three-year tenors, effective September 15, while keeping the one-month, three-month, and six-month tenors unchanged.

RailTel Corporation of India

The company has received a work order worth Rs 32.51 crore from Panvel Municipal Corporation, and another project worth Rs 70.94 crore from Nashik Municipal Smart City Development Corporation.

JTL Industries

Atul Garg has resigned as Chief Financial Officer of the company, effective September 11. The Board has appointed Naveen Kumar Laroiya as the new CFO, effective the same date.

NLC India

The company has signed an MoU with Khanij Bidesh India to collaborate in the identification, acquisition, and development of critical and strategic mineral projects on a global scale.

Hemant Surgical Industries

The company has received a purchase order from the Central Medical Services Society, Ministry of Health, for the supply of ultraportable handheld X-ray machines and related utilities worth Rs 82.89 crore.

Arihant Foundations & Housing

The Board will meet on September 16 to consider and approve raising funds through debentures.

Prostarm Info Systems

The company has received a Letter of Intent for a contract worth Rs 158.68 crore from the Director General of Police, Maharashtra State, for the supply and maintenance of CCTNS IT infrastructure and peripherals across Maharashtra police establishments.

Stanley Lifestyles

The company has decided to revise prices of its products across the Sofas & More retail format, effective September 12. The price decrease is primarily in anticipation of the upcoming festive season.

Bulk Deals

Bajel Projects

HDFC Mutual Fund continued to be a seller in Bajel Projects, the power transmission and distribution infrastructure services provider, for the second consecutive session, offloading 21,96,288 shares (1.9% stake) for Rs 42.86 crore.

SME Listing on September 12

Austere Systems

Sharvaya Metals

Vigor Plast India

Stocks Trade Ex-Dividend

Mastek

Krsnaa Diagnostics

Mamata Machinery

Akar Auto Industries

ABC India

Advait Energy Transitions

Amines & Plasticizers

Artefact Projects

Basant Agro Tech India

Mrs Bectors Food Specialities

Bhansali Engineering Polymers

Bharat Rasayan

Birla Precision Technologies

Caplin Point Laboratories

Ceejay Finance

Cindrella Hotels

Cochin Shipyard

Coral India Finance

CSL Finance

Dhanalaxmi Roto Spinners

Dutron Polymers

Emmbi Industries

Everest Industries

Fineotex Chemical

Gallantt Ispat

Gujarat Industries Power Company

Garden Reach Shipbuilders

Halder Venture

HBL Engineering

HeidelbergCement India

IL&FS Investment Managers

Jagsonpal Pharmaceuticals

Jaysynth Orgochem

JTL Industries

Kajaria Ceramics

Kanchi Karpooram

Kiran Vyapar

KP Energy

KP Green Engineering

KPI Green Energy

Krypton Industries

KSE

Krishanveer Forge

Lincoln Pharmaceuticals

Manba Finance

Magellanic Cloud

MPIL Corporation

National Fittings

Network People Services Technologies

Northern Spirits

Panchmahal Steel

Polymechplast Machines

Pyramid Technoplast

Reliable Data Services

Remsons Industries

Responsive Industries

Rhi Magnesita India

RJ Shah & Company

Rushil Decor

Salona Cotspin

Sandhar Technologies

Sangam India

Sanghvi Movers

Sanrhea Technical Textiles

Suratwwala Business Group

Ventura Guaranty

Spenta International

Sunflag Iron & Steel Company

Supershakti Metaliks

Suryaamba Spinning Mills

Systematix Corporate Services

Talbros Automotive Components

Tatva Chintan Pharma Chem

Techno Electric & Engineering

Texmaco Infrastructure

Uttam Sugar Mills

Vadilal Industries

Vardhman Holdings

VLS Finance

Vardhman Special Steels

Vardhman Textiles

Zodiac Energy

Stock Trades Ex-Date for Split

Fischer Medical Ventures

Stock Trades Ex-Date for Rights

New Delhi Television

Stocks Trades Ex-Bonus

Regis Industries

Stellant Securities

Stocks in F&O ban

Oracle Financial Services Software

RBL Bank