[ad_1]
SUMMARY
Top stocks to watch out for on September 18: Life Insurance Corporation of India (LIC), Tata Power, Jupiter Wagons, IHCL and more stocks will be in focus when the markets open on Wednesday.
1 / 5Tata Power: The Tata Group firm has made significant strides in solar energy, marking a major milestone in its journey towards renewable energy leadership. In an interview with CNBC-TV18, Praveer Sinha, CEO of Tata Power, highlighted that the company’s 4.3 gigawatt (GW) solar module manufacturing plant near Tuticorin in Tamil Nadu, which has been operational for nearly a year, is now running at full capacity.
2 / 5Jupiter Wagons: The company announced on Tuesday, September 17, that it will change the name of its subsidiary Bonatrans India Pvt. Ltd, to Jupiter Tatravagonka Railwheel Factory Pvt. Ltd. It also said that it will invest a sum of ₹2,500 crore to enhance the annual production capacity of Jupiter Tatravangonka Railwheel Factory Pvt. Ltd. from the current 20,000 forged wheelsets per annum to 1 lakh forged wheelsets per annum. Read more
3 / 5
4 / 5LIC, Biocon: The Life Insurance Corporation of India (LIC) has increased its shareholding in Biocon Ltd, according to an exchange filing on Tuesday, September 17. Under the updated disclosure regulations, LIC’s ownership has risen from 5,98,14,429 shares to 6,03,14,429 shares. This adjustment boosts LIC’s stake in Biocon from 4.982% to 5.023% of the company’s total equity. (Image: Shutterstock)
5 / 5Indian Hotels Company Ltd (IHCL): The Tata Group firm has signed a resort at Barnala in Punjab under the Gateway brand. Spread across 9 acres, Gateway Barnala will have 100 villas and rooms along with an all-day diner, a specialty restaurant, 7,000 sq ft banquet hall coupled with meeting rooms, among other facilities, the company said in a statement.
[ad_2]
Source link