Top Stocks to Watch On September 17: TVS Motor, Life Insurance Corporation, JK Tyre & Industries, Firstsource Solutions, TVS Holdings, Strides Pharma, Poly Medicure

Top Stocks to Watch On September 17

Top Stocks to Watch On September 17: On Tuesday, the Indian stock markets were expected to be in a mode of stability with a positive trend.

On September 17, there are several stocks that you should watch closely today, some of them are TVS Motor, Life Insurance Corporation, JK Tyre & Industries, Firstsource Solutions, TVS Holdings, Strides Pharma, and Poly Medicure.

Let’s get into a more detailed view of these company’s stocks:

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TVS Motor

The motorcycle manufacturer reported that it has updated the price of the Apache RR310, the price of the Apache RR310 has been increased by Rs 3,000 and now is priced at Rs 2.75 lakh. The company said that the quick-shifter variant costs Rs 2.92 lakh while the Bomber Grey variant is priced at Rs 2.97 lakh.

Life Insurance Corporation

LIC in cooperation with Infosys is developing a new digital platform as part of LIC's Digital Innovation and Value Enhancement (DIVE) plan. This digital platform will improve the insurer's digital infrastructure and assist new high-value business apps.

JK Tyre & Industries

The tyre manufacturer company reported that its board of directors has accepted a scheme to merge with its subsidiary, Cavendish Industries Ltd.

CNBC TV 18 reported that the shareholders of Cavendish Industries will get 92 fully paid-up equity shares of JK Tyre for each 100 equity shares of Cavendish Industries.

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Firstsource Solutions

Firstsource Solutions reported it has partnered up with Microsoft to provide advanced digital transformation services to its clients. The company by utilizing Microsoft Azure OpenAI Service plans to boost innovation and efficiency.

TVS Holdings

The company reported that it has bought a 100% stake for ₹4.14 crore in TVS Digital Ltd previously known as TVS Housing. The deal was successful after offering Rs 4.14 crore in cash to TVS Holdings subsidiary i.e. TVS Motor Company.

After this acquisition, TVS Digital has become a fully owned subsidiary of TVS Holdings.

Strides Pharma

The pharmaceutical company reported that its arm’s trides Pharma Global Pte. Ltd has got a green signal from the US FDA for the production of generic Fluoxetine tablets (60 mg) which will be manufactured at the Puducherry facility.

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