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CNBC-TV18's top stocks to watch out for on September 18

SUMMARY

Indian shares are likely to open in the green on Wednesday on easing fiscal deficit and inflationary concerns after Saudi Arabia said it had fully restored its oil supply. Saudi Energy Minister Prince Abdulaziz bin Salman said the kingdom has recovered supplies following attacks on its crude facilities by tapping inventories. At 7:00 am, the SGX Nifty futures traded higher by 0.43 percent, or 46.50 points, at 10,888.50, indicating a positive start for the Sensex and the Nifty. Here are the stocks you need to watch out for in today's trade:

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By CNBC-TV18 Sept 18, 2019 7:24:11 AM IST (Published)

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Wipro: Global software major Wipro's Infrastructure Engineering arm on Tuesday entered into a strategic partnership with the state-run Bharat Earth Movers Ltd (BEML) to jointly bid for defence projects in areas, like aerospace, industrial automation, 3D printing, artificial intelligence and hydraulic system. (Image: Reuters)

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Coffee Day Enterprises: The company said it has signed definitive agreements with private equity major Blackstone and Salarpuria Sattva Group for sale of Global Village Tech Park at an enterprising value of Rs 2,700 crore.

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Hindalco: Hindalco debuts on Dow Jones Sustainability Index (DJSI) 2019 in the Emerging Markets category.

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Gujarat Alkalies: The company completed the commissioning of the entire 20 MW AC Solar Power Plant installation in a phased manner at Charanka. The total installed capacity of Solar Power Plant now stands increased to 35 MW. (Image for representational purpose | Source: Wikimedia Commons)

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Ahluwalia Contracts: The company secured a new order of Rs 407 crore for the construction of Medical College & other orders aggregating to Rs 90.36 crore. The total order inflow during the FY 2019- 20 stands at Rs 927.59 crore.

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ITD Cementation: Long term and short term loan facilities ratings have been placed under ''rating watch with developing implications by ICRA.

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Balmer Lawrie: The company has deferred decision on a bonus share issue. (Image for representational purpose | Unsplash)

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Bajaj Finance: The board has approved raising up to Rs 8,500 crore via QIP.

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MSTC: Bihar State Road Transport Corporation has appointed MSTC Limited as the selling agent as per the terms of Selling Agency Agreement entered by both the parties on September 16. (Photo: IANS)

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IIFL Finance: The NSE & BSE have permitted listing and commencement of trading for IIFL Wealth from September 19 and IIFL Securities from September 20.

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Magma Fincorp: The company has entered into a co-origination arrangement with ICICI Bank Limited for asset-backed finance business.

DHFL: Brickwork revised its rating on the firm's NCD, FD, others to BWR AA- from BWR AA. (Image: Reuters)
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DHFL: The company has defaulted on a total of Rs 256 crore worth of interest payment on NCDs.

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