Stocks to Watch: As of Friday, September 13, several companies are making headlines with notable updates. Nazara Technologies is set to invest ₹982 crore in Moonshine Tech (PokerBaazi) through a combination of cash and share swap. This significant investment underscores Nazara’s commitment to expanding its portfolio in the online gaming sector.

Tata Power has entered into a Memorandum of Understanding (MoU) with TAMO to establish 200 fast charging stations across five major metropolitan areas. This initiative is part of Tata Power’s strategy to support the growth of electric vehicles (e-CVs) and enhance charging infrastructure.

Power Grid Corporation has been declared the successful bidder to set up an inter-state transmission system in Gujarat, which will strengthen the state’s electricity infrastructure and ensure more reliable power distribution.

Gold prices have reached a new peak, hitting $2,563 per ounce. This record high is a crucial development for Muthoot and Manappuram, as gold remains a key asset for their businesses.

Intellect Design Arena has launched eMACH.ai specifically for Sri Lanka’s finance sector, aiming to bring innovative AI solutions to financial services in the region.

In a strategic move, BLS International is acquiring a UAE citizenship venture for $31 million, which could open new opportunities in the immigration and citizenship sector.

Puravankara has secured redevelopment rights for a 2,000 sq m plot at Breach Candy, Mumbai, a prime location that promises significant potential for property development.

BPCL is advancing its green energy initiatives with joint ventures focused on green hydrogen and compressed bio-gas, aiming to boost the capacity of the Cochin pipeline.

HG Infra has been awarded an order worth ₹716 crore by the Central Railway, reflecting continued growth in infrastructure projects.

PNB Housing Finance saw notable block deals with significant buyers like Asia Opportunities V Seller and the Singapore Government.

Patanjali is selling 3.1% equity via block deals with a floor price of ₹1,815 per share. Additionally, Honasa saw block deals with major sellers like Peak XV and Sequoia Capital and buyers including MS Asia and ICICI Prudential.

CITI has provided updates on jewelry stocks, recommending a Neutral stance on Titan with a target price increase to ₹4,110 and a Buy rating on Kalyan with a target price of ₹770, driven by improved demand trends.

CLSA maintains an Outperform rating on Adani Ports, with a target price of ₹1,764. The report highlights the port's strong growth trajectory and successful M&A strategy, particularly noting high margins at Gangavaram, Krishnapatnam, and Karaikal ports.

HSBC has initiated Buy on KIMS with a target price of ₹3,300, while Medanta and Narayana Hrudayalaya are rated Reduce. Apollo Hospitals receives an upgraded Buy recommendation with a target price of ₹7,720.

Bernstein maintains an Outperform rating on Zomato, increasing the target price to ₹330. The firm emphasizes the growing impact of the quick commerce economy and Zomato’s pivotal role in it.

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