Stocks to watch, Sept 15: HDFC Bank, BSE, broking firms, HCL Tech, Deccan Gold Mines, CESC, Glenmark, BHEL, Patel Airtemp, Lenskart, Heidelberg, AU Small Fiance Bank, Gland Pharma
Key developments this week include HDFC Bank’s leadership transition, regulatory changes for brokerages, BHEL’s significant investments, strategic partnerships in technology and mining, and major acquisitions and production milestones from Lenskart, Gland Pharma, and Elin Electronics.
HDFC Bank may appoint its Deputy Managing Director Kaizad Bharucha or K Balasubramanian as the top executive after obtaining Reserve Bank of India's approval, according to a report. The bank also created an additional Whole-Time Director position for succession planning. Bharat Heavy Electricals Ltd (BHEL) invested Rs 65 crore into its joint venture company NTPC BHEL Power Projects Private Limited.
HCLTech partnered with CrowdStrike to enhance AI security and resilience. Deccan Gold Mines inaugurated a gold processing plant in Kyrgyzstan, marking a shift from exploration to production. Yash Highvoltage Ltd's subsidiary entered a three-year representation agreement with Ensales Electrical Associates in the US market. CESC Ltd restored power supply after a fire incident at its Panihati Distribution Sub-station.
Orient Electric Limited appointed Sandhya Biswas as its Chief Marketing and Customer Experience Officer. Airfloa Rail Technology Ltd and KIN Railway Equipment Private Ltd discussed a potential acquisition of KIN's business. Elin Electronics Ltd began commercial production at its new facility in Rajasthan. Raghav Productivity Enhancers Ltd announced further details of their operations.
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