Indian stock market investors are likely to track several companies on Thursday, September 17, following key business developments, order wins, fundraising plans, expansion initiatives, and other corporate announcements.
Suratwwala Business Group, Capital India Finance, Fortis Healthcare, Mazagon Dock Shipbuilders, and Infosys are among the stocks likely to remain in focus. Muthoot Capital Services, Venus Pipes & Tubes, Highway Infrastructure, Kalpataru Projects, and Krsnaa Diagnostics may also attract attention following announcements made by the companies.
Stocks to watch on September 17
: The company has signed definitive agreements to provide healthcare services at a 400+ bed super-specialty hospital in Ashok Vihar, New Delhi. The hospital is expected to begin operations in 3-4 years, subject to approvals.
: The company has signed an MoU with National Shipbuilding & Heavy Industries Park Maharashtra to participate as the anchor shipyard in the proposed greenfield shipbuilding industrial cluster at Dighi, Maharashtra.
: The company has expanded its Indore Development Centre with a new 330,000 sq ft software development block, aimed at strengthening its AI and cloud services capabilities.
: The company has approved the issue of up to ₹150 crore of senior, secured, listed, and rated NCDs through private placement at an interest rate of 9.25%.
: Kalpataru Power Transmission Sweden AB will sell up to 30.19% of LMG’s equity as part of its IPO in Sweden. LMG has also received prospectus approval from the Swedish Financial Supervisory Authority.
: The company has completed formalities and signed a concession agreement with the Punjab government for developing, operating, and maintaining PET-CT diagnostic facilities at four government hospitals in the state.
: The company’s subsidiary has secured a ₹69 crore EPC contract for a 20 MW AC/28.1 MW DC solar power plant in Maharashtra from Shree Tatyasaheb Kore Warana SSK.
: The company has approved the issuance of listed, rated, secured NCDs worth up to ₹100 crore through private placement, comprising a ₹50 crore base issue and a ₹50 crore green shoe option.
: The company has approved a preferential issue of up to 22.28 lakh equity shares at ₹1,670 per share, aggregating up to ₹372 crore, subject to shareholder and regulatory approvals.
: The company has received a ₹105.08 crore Letter of Acceptance for the first year for toll plaza operations and user-fee collection on the Gorakhpur Link Expressway. The two-year contract is valued at ₹220.66 crore, including escalation.
Disclaimer: We advise investors to check with certified experts before making any investment decisions.