From oil and gas stocks to Tata Steel, Vodafone Idea and more, here’s a look at the top stocks to watch in the September 18 trading session.
Vodafone Idea: Shares of telecom companies will also be in focus today after four consecutive weeks of gains. VI informed stock exchanges over the weekend that it has made payment of Rs 1,701 crore, including interest, to the Department of Telecommunications (DoT) in respect of the 2022 spectrum auction tranche.
Private steel major Tata Steel said on Friday (September 15) that the company and the British government had announced a joint agreement on a proposed investment in electric arc furnace steel production at the Port Talbot site. in Wales with a capital cost of £1.25 billion included. a UK government grant of up to £500 million.
Larsen & Toubro: The share buyback of engineering and infrastructure conglomerate Larsen & Toubro for Rs 10,000 crore will open today. Investors can choose to tender their shares for redemption from today until September 25.
Reliance Industries, Indian Oil Corporation, ONGC: Stocks of oil producing companies are likely to respond to the increase in windfall gains tax. The government on Friday increased the exceptional tax on crude oil by Rs 10,000 per tonne from Rs 6,700 per tonne, according to a government notification. The new prices came into effect on Saturday September 16.