Markets ended flat on Thursday as investors paused after the recent rally. In today’s trade, key stocks to watch include SBI, Canara Bank, Mahindra & Mahindra, JSW Energy, Bharat Forge, RailTel, and NLC India. With leadership changes, IPO approvals, and new projects, these are the important stocks to track.
Stocks to Watch on September 12
State Bank of India (SBI)
The FSIB recommended Ravi Ranjan as the new Managing Director of SBI. This leadership move is expected to be closely monitored by investors.
Canara Bank
Canara Robeco AMC, a unit of Canara Bank, received SEBI approval to file for its IPO. The approval marks a major step in the bank’s growth plans.
Mahindra & Mahindra
M&M moved Mahindra Contech and PSL Media directly under the company. This restructuring strengthens the group’s corporate structure.
JSW Energy & JSW Infra
JSW Energy added 317 MW to reach 13.097 GW of total capacity. JSW Infra acquired a rail siding in Ballari for Rs 57 crore.
Bharat Forge
Bharat Forge signed an MoU with Windracers for UAV deployment. Its UAE artillery spares deal further expands its global defence presence.
RailTel
RailTel secured Rs 103 crore worth of projects from the Panvel and Nashik corporations. The new contracts boost its infrastructure portfolio.
NLC India
NLC India signed an MoU with Khanij Bidesh India for overseas minerals. The move strengthens its position in critical resources.
