Top Stocks to Watch On September 19: IREDA, NTPC, Nazara Technologies, Garden Reach Shipbuilders, GE T&D India, Aditya Birla Capital

Top Stocks to Watch On September 19

Top Stocks to Watch On September 19: The Indian stock market is expected to react to the Fed's response. At 7:39 AM, the GIFT Nifty was trading at a high of 0.25%, or 63.50 points, at 25,418.50 levels.

There are several stocks that you should watch today, September 19, and some of them are IREDA, NTPC, Nazara Technologies, Garden Reach Shipbuilders, GE T&D India, and Aditya Birla Capital.

Let’s take a look at the financial conditions of these stocks:

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

IREDA

The company reported that the Department of Investment and Public Asset Management (DIPAM) has agreed on the proposal to raise money through an alternative way, this proposal was recommended by a high-level committee.

NTPC

The company reported that it has planned to launch NTPC Green Energy Ltd IPO to raise up to $1.2 billion (Rs 10,000 crore). The NTPC Green Energy Ltd focuses on green energy projects and hydrogen production.

Nazara Technologies

The gaming & sports media platform reported it has agreed to a preferential equity issue to raise up to Rs. 900 crore. The company has also raised its stake in Absolute Sports to 91% which runs Sportskeeda.

Garden Reach Shipbuilders

The shipbuilding company reported that the company has received a $54 million order from Carsten Rehder Schiffsmakler and Reederei GmbH & Co. in Germany to manufacture four more multipurpose vessels.

The project will be completed in 33 months from the date the deal was signed.

GE T&D India

The power transmission & distribution infrastructure business reported that Grid Equipments Private and GE Grid Alliance B.V. have declared a proposal for an offer for sale (OFS).

The issue floor price will be ₹1,400 per share and the shares consist of 11.7% of the company’s equity share capital.

Aditya Birla Capital

The company reported that it has received approval from the RBI for the merger plan of Aditya Birla Finance and Aditya Birla Capital.

Also Read: Gold and Silver Rates Today On September 17: Check the Latest Gold Rates in Your City