Stocks To Watch: Reliance Power, Dilip Buildcon, M&M, RBL Bank And More

The Nifty futures on the Singapore Exchange, an early indicator of the Nifty performance in India, declined 0.3 percent to 8,699.

Here are the stocks to watch out for in today's session:

• Mahindra and Mahindra: Agrees to acquire 1.49 crore equity shares of Mahindra Two Wheelers Europe Holdings S.a.r.l from its subsidiary Mahindra Two Wheelers Ltd. for 26.3 million Euros.
  
• Piramal Enterprises: To consider issue of NCDs worth Rs 500 crore on private placement basis.
  
• Mindtree: Releases next generation of ATLAS managed services platform.
  
• Manpasand Beverages: To raise Rs 500 crore via QIP at a floor price of Rs 716.09 per share.
• Bharat Financial Inclusion: QIP subscribed multiple times with an issue price of Rs 770.
• Balaji Telefilms: Approves de-merger of film production undertaking and merge the same with Balaji Telefilms Ltd. to streamline business structure, consolidate operations and reduce costs.
  
• RBL Bank: Raises Rs 330 crore from U.K. based development finance institution - CDC Group Plc.
• Jindal Stainless: Receives approval from Odisha Industrial and Infrastructure Development Corporation Ltd. for transfer and right to use the land in which hot strip mill and coke plants are located.
• IL&FS Transportation Networks: Receives in-principle approval from SEBI for registration of IL&FS Transportation Investment Trust.
  
• Gokaldas Exports: Merges nine of its wholly-owned subsidiaries into the company.
  
• Karur Vysya Bank: To consider stock split in the ratio of 1:5 at its AGM.
• Dalmia Bharat: Receives shareholder approval to increase borrowing limit to Rs 1,000 crore.
  
• Sunil Hitech Engineers: Considers issue of shares through QIP to raise up to Rs 200 crore in its AGM.
  
• ADF Foods: Manages to buyback 6.98 lakh equity shares at an average price of Rs 120.98 per share.
• SML Isuzu: ICRA upgrades company's long-term working capital's rating to ICRA AA from ICRA AA-.
  
• Microsec Financial Services: To decide on proposal to change company's name to ‘ Sastasundar Ventures Ltd.' in its AGM.

Media Reports:

• Reliance Power: To double capacity in Uttar Pradesh and Maharashtra. (Business Standard)
  
• Lupin, Torrent, Cadila: Join race to buy Bayer's dermatology business. (Business Standard)
• Reliance Defence: Aims to export naval, military equipment. (PTI)
• Dilip Buildcon: Wins Rs 2,845 crore project in Uttar Pradesh from National Highways Authority of India (NHAI). (PTI)
• Mahindra and Mahindra: Mulls hiking price of passenger vehicles, LCVs by up to 1 percent. (PTI)
  
• HUL: Shuts Bru World Cafés after five years of operation. (PTI)
  
• Reliance Communication: Anil Ambani plans to trim company's debt by 75 percent in the next 12-months. (PTI)
• Lanco Infratech: May sell majority stake in coal projects to pare debt. (PTI)

AGMs To Watch:

• IFCI: To issue securities worth Rs 5,000 crore on private placement basis.
  
• Sadbhav Infrastructure Projects: To create charge on assets up to Rs 2,000 crore and to increase borrowing limit to Rs 2,000 crore from Rs 1,500 crore.
  
• Allahabad Bank: To issue equity shares worth Rs 500 crore to QIB.

*To issue 4.2 million shares to Government of India and 1.64 million shares to LIC at Rs 78.01 per share.