Stocks to watch: Zee Entertainment, Infosys, Mphasis, MTAR Technologies, Surya Roshni

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 31 points at the opening bell. Overseas, Asian stocks are trading lower Wednesday as traders assess the debt crisis at China Evergrande Group and gird for a Federal Reserve meeting that is expected to signal a reduction in stimulus later this year. Markets in Hong Kong are closed for a holiday. Here is the list of top stocks that could be in focus on September 22, Wednesday.

Infosys: Infosys announced its collaboration with ServiceNow, the leading digital workflow company that makes work, work better for people, to provide enterprise-level service management for customers in manufacturing industries.

Zee Entertainment: The board of directors of Zee Entertainment Enterprises (ZEEL) unanimously provided in-principle approval for the merger between Sony Pictures Networks India (SPNI) and Zee. The merger is in line with ZEEL’s strategy of achieving higher growth and profitability as a leading media & entertainment company across South Asia.

Mphasis: The company announced the acquisition of Blink UX, a User Experience research, strategy, and design firm that works with some of the world’s leading enterprises to create transformative digital
products, brands, and experiences.

MTAR Technologies: The company has received NADCAP certification for its 100% Export Orient Unit (EOU) at Gandhinagar, Hyderabad and Unit 5 at IDA Jeedimetla Hyderabad for a period of 12 months,
valid until November 2022.

Torrent Power: The company has entered into a Share Purchase Agreement with CESC, Haldia Energy and other Nominal Shareholders (the Sellers) for the acquisition of 100% of the share capital of Surya Vidyut (the SPV), a wholly-owned subsidiary of CESC.

Nucleus Software Exports: The company said that the meeting of the board of directors of the company is scheduled on 24 September 2021, to consider the proposal for buyback of the fully paid-up equity shares of the company.

Surya Roshni: The company has obtained an order amounted to Rs 41.22 crore (excluding GST) for implementing of smart LED Street Lights and installation of centralized monitoring system with operation and maintenance from Greater Noida Industrial Development Authority (GNIOA) through e-bidding.

KEC International: KEC International has secured new orders of Rs. 1,157 crores across its various businesses