Stocks To Watch: GMR Airports, RailTel, Adani Power, Dr Reddy’s, Hyundai, Britannia, And Others | Markets News


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Stocks to watch: Shares of firms like GMR Airports, RailTel, Adani Power, Dr Reddy’s, Bajaj Housing Finance, and others will be in focus on Monday’s trade

Stocks To Watch On September 15

Stocks To Watch On September 15

Stocks To Watch On September 15: Markets extended their winning streak on Friday, rising nearly half a percent, supported by favorable global and domestic cues. In today’s session, shares of GMR Airports, RailTel, Adani Power, Dr Reddy’s, and Bajaj Housing Finance are expected to remain in focus on the back of key developments.

Hyundai Motor India

Hyundai Motor India is banking on a ‘double engine’ growth model, combining a rebound in domestic sales — expected to accelerate after GST rate cuts — with steady export demand, a senior company executive said.

Apollo Hospitals

Apollo Hospitals is set to acquire IFC’s 31% stake in Apollo Health and Lifestyle Ltd for Rs 1,254 crore, raising its ownership to 99.42%, subject to approval from the Competition Commission of India (CCI).

Britannia Industries

To counter intensifying competition from regional players, Britannia Industries is adopting a localized strategy, treating India as a cluster of diverse markets rather than a single one, with plans to expand this approach further.

GMR Airports

GMR Airports reported a 3.5% year-on-year decline in passenger traffic for August at 93.49 lakh. Domestic traffic remained flat, while international traffic grew 2.8%. Aircraft movements rose 4.2% during the month.

Dr Reddy’s Laboratories

The US FDA issued Dr Reddy’s a Form 483 with five observations after a pre-approval inspection at its Bachupally biologics plant.

Adani Power

Adani Power has signed a 25-year agreement with Bihar State Power Generation Company to supply 2,400 MW of electricity from a greenfield project at Pirpainti, Bhagalpur.

Aditya Birla Capital

Aditya Birla Capital raised Rs 3,400 crore through the issuance of 3.4 lakh secured non-convertible debentures (NCDs) in two tranches, now listed on both BSE and NSE.

Tata Technologies

Tata Technologies, via its wholly owned subsidiary Tata Technologies Pte, Singapore, has entered into a definitive pact to acquire 100% equity in Germany-based ES-Tec GmbH and its subsidiaries (ES-Tec Group) from MW Beteiligungs GmbH for €75 million.

Urgo Capital

Urgo Capital’s board will meet on September 17 to consider fundraising via the issuance of NCDs through private placement.

Alembic Pharma

Alembic Pharmaceuticals has received an Establishment Inspection Report (EIR) from the US FDA for its Panelav API-I and API-II units, marking the closure of inspections at both facilities.

Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.

Aparna Deb

Aparna Deb

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

News business markets Stocks To Watch: GMR Airports, RailTel, Adani Power, Dr Reddy’s, Hyundai, Britannia, And Others
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