Top Stocks to Watch On September 23: Vodafone Idea, Adani Total Gas, HFCL, ONGC, IREDA, Aavas Financiers and Mankind Pharma

Top Stocks to Watch On September 23

Top Stocks to Watch On September 23: On Monday, the Indian benchmark indices, BSE Sensex and NSE Nifty began the day in green after achieving new heights on Friday. At 7:35 AM, GIFT Nifty futures went up by 148.25 points and were trading at 25,916.

On Monday, September 23 there are several stocks that you watch today, some of them are Vodafone Idea, Adani Total Gas, HFCL, ONGC, IREDA, Aavas Financiers and Mankind Pharma.

Let’s get into more detailed view about these stocks:

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Vodafone Idea

Thw telecom service provider reported that it has signed a $3.6 billion crore deal with Nokia, Ericsson and Samsung. The deal includes supplying network equipment for a period of three-year.

This marks the beginning of first $6.6 billion (₹55,000 crore) company's transformative three-year capex plan.

Adani Total Gas

The company reported that the join venture between Adani Group and TotalEnergies of France ahs secured a financing package of $375 million from global lenders. This marks the most largest global funding effort in the CGD (city gas distribution) business.

HFCL

The company reported that it has signed a strategic partnership with General Atomics Aeronautical Systems Incorporated (GA-ASI). As part of the partnership, the company has been chosen to develop and supply critical sub-systems for GA-ASI's advanced Unmanned Aircraft Systems (UAS).

ONGC

ONGC Videsh which is a subsidiary of ONGC, has taken a non-associated gas agreement for the Azeri-Chirag-Deepwater Gunashili (ACG) field in Azerbaijan. The non-associated natural gas (NAG) resources in the ACG field are estimated to be up to 4 trillion cubic feet (tcf) in place.

Also Read: SpiceJet Secures Rs 3,000 Crore Investment From Institutional Investors

IREDA

The company reported that the Department of Investment and Public Asset Management (DIPAM) has given its approval to the company to issue fresh equity shares and raise up to ₹4,500 crore through a Qualified Institutional Placement (QIP).

Aavas Financiers

On Wednesday, the company reported that it have received approved from the board for the issuance of on-convertible debentures (NCDs) to raise ₹630 crore.

Mankind Pharma

The pharmaceutical company reported that the boards of directors has given its approval for raising up to ₹10,000 crore through the issuance of non-convertible debentures (NCDs) and commercial papers (CPs) through private placement.

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