Continuing the record-making streak for the second day, the BSE Sensex closed at a record high of 83,079.66 on September 17, up 90.88 points. The NSE Nifty also rose 34.80 points to a new peak of 25,418.55. Shares of Bharti Airtel, NTPC, Mahindra & Mahindra, Kotak Mahindra Bank, Titan, Larsen & Toubro, ICICI Bank, Bajaj Finance, Hindustan Unilever and Reliance Industries saw good gains. Due to the announcement of big investments, deals, partnerships, and fundraising plans, a big change can be seen in the price of some stocks in the trade of September 18. Let's know which stocks investors should keep an eye on…

REC

The company has made a non-binding financial commitment to grow its renewable energy loan book to over Rs 3 lakh crore by 2030. This will increase the renewable energy share from the current 8% to 30% by 2030, as REC's loan book is estimated to reach Rs 10 lakh crore by then.

TorrentPower

The company has received a Letter of Intent from Maharashtra State Electricity Distribution Company to purchase 1,500 MW of energy storage capacity from the Pumped Hydro Storage Project for a term of 40 years.

Zodiac Ventures

The company's board will meet on September 24 to consider raising funds by issuing equity shares.

Reliance Power

The Company's obligations as guarantor on behalf of Vidarbha Industries Power have been fully settled. All obligations relating to corporate guarantees, undertakings, and outstanding debt of Rs 3,872.04 crore have been released and discharged. The Company has settled all disputes with CFM Asset Reconstruction.

GR Infraprojects

The company has transferred its wholly-owned subsidiary GR Aligarh Kanpur Highway to Bharat Highways InvIT for Rs 98.60 crore.

Reliance Infrastructure

The company has agreed to a one-time settlement with Edelweiss Asset Reconstruction Company for all obligations relating to non-convertible debentures of Rs 385 crore. The settlement will be completed before September 30, 2024. Edelweiss does not hold any equity shares in the company and is neither a related party nor part of the promoter group.

Satin Creditcare Network

The board will meet on September 20 to consider raising funds by issuing non-convertible bonds on a private placement basis.

Mankind Pharma

The company's board will meet on September 20 to consider raising funds through the issuance of non-convertible debentures, commercial papers, other debt securities, or any other security.

Emphasis

The IT solutions provider has appointed Ajay Arya as the Head of Mergers and Acquisitions. Ajay will be based in New York and will lead the entire process.

Utkarsh Small Finance Bank

The Reserve Bank of India has approved variable remuneration for FY 2024 and fixed remuneration for FY 2025 to be paid to the Managing Director and CEO of the company.

Infosys

UK's Metro Bank has a long-term collaboration with Infosys to digitally transform the bank's business operations as well as improve some of its IT and support functions.

SKF India

AB SKF, the promoter shareholder of the company, has announced its board's decision to initiate the separation of its automotive business globally. The company's board has formed a committee to review and propose the separation of operations to list the automotive business on Nasdaq Stockholm in the first half of 2026.

Vakrangee

The company's board will meet on September 24 to consider the proposal to raise funds. Apart from this, the company has partnered with Star Health Insurance to offer health insurance products in its network.

Bulk Deals

Menon Bearings:  Ambit Investment Advisors bought a 1.5% stake in the company at an average price of Rs 120 per share, while promoter Nithin Ram Menon sold a 1.73% stake at an average price of Rs 120.01 per share.

Nuvoco Vistas Corporation:  SBI Mutual Fund acquired a 1.26% stake in the cement company from Kotak Special Situations Fund at an average price of Rs 352 per share.

Reasons Industries:  BNP Paribas Financial Markets bought an 8.6% stake in the company at an average price of Rs 190.2 per share.

VST Industries:  Ace investor Radhakishan Damani sold a 0a .6% stake in the company at an average price of Rs 439.19 per share. By June 2024, Damani will hold a 3a .47% stake in VST.