Stocks To Watch 23 September, Important Stocks Today; Stocks Radar: On the last trading day (Friday, 20 September), NSE Nifty 50 closed at 25,790.95 with a gain of 375.15 points or 1.48% while BSE Sensex jumped 1359.52 points or 1.63% to close at 84,544.31. Let us know which stocks will be in focus in the stock market today.

Stocks In Focus Today 23 September, 2024 Monday

Vodafone Idea

The debt-ridden telecom company has finalized a $3.6 billion (Rs 30,000 crore) deal with Nokia, Ericsson, and Samsung for the supply of network equipment over three years. The deal is the first step in the company's transformational three-year capital expenditure plan worth $6.6 billion (Rs 55,000 crore).

HDFC Bank

HDB Financial Services, a subsidiary of the leading private bank, is planning to launch an IPO, which will comprise a fresh issue of up to Rs 2,500 crore for sale by existing and eligible shareholders.

ONGC

ONGC Videsh, a subsidiary of ONGC, has signed 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 significant, with volumes of up to 4 trillion cubic feet (tcf).

Reliance Industries

The company has extended the deadline for shareholders to pay call money on partly paid shares to October 7, 2024. Shareholders who do not meet this deadline will be ineligible for the bonus issue.

SpiceJet

The airline's board has approved the issuance and allotment of 48.7 crore equity shares to qualified institutional investors at Rs 61.60 per share, which includes a premium of Rs 51.60 and a discount of Rs 3.19 per share to the floor price. The total amount raised through the issue will be Rs 2,999.99 crore.

HFCL

The telecom company has signed a strategic partnership with General Atomics Aeronautical Systems Incorporated (GA-ASI). As part of the agreement, the company has been selected to develop and supply critical subsystems for GA-ASI's advanced unmanned aircraft systems (UAS).

Godfrey Phillips India

The company's board of directors discussed the issue of bonus shares but noted the need to seek clarification from the Reserve Bank of India (RBI) about distributing bonus shares to non-resident shareholders falling under foreign direct investment and foreign portfolio investment.

Adani Total Gas

The city gas joint venture between Adani Group and France's TotalEnergies has secured a $375 million financing package from global lenders. This is the largest global financing initiative in the city gas distribution (CGD) sector.

Mankind Pharma

The board has approved raising up to Rs 10,000 crore through non-convertible debentures (NCDs) and commercial papers on a private placement basis.

Tata Steel

The company has commissioned India's largest blast furnace at Kalinganagar in Odisha. As part of an investment of Rs 27,000 crore, the second phase expansion will increase the total crude steel capacity from 3 million tonnes per annum (MTPA) to 8 MTPA.