Stocks to watch on September 18: Torrent Power, Mankind Pharma, Biocon, Infosys and more

Torrent Power: According to a regulatory filing, Torrent Power bagged a 1,500 megawatt (MW) pumped hydro storage project (PSP) from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). The project will supply power to MSEDCL for 40 years as part of the deal.

Mankind Pharma: The pharmaceutical major said its board will meet later this week to consider a proposal to raise funds through an issue of securities. The company's board will meet on September 24 to consider and approve the issue of non-convertible debentures, commercial papers, other debt securities, or any other security or any combination thereof.

Biocon: Life Insurance Corporation of India (LIC) on Tuesday said it has increased its stake in pharmaceutical firm Biocon to 5.02%. Earlier, LIC had a 4.98% stake in the company.

Infosys: Metro Bank, the United Kingdom's community bank, has partnered with information technology (IT) major Infosys to enhance some of its IT and support functions.

Jupiter Wagons: The company announced that it is changing the name of its subsidiary from Bonatrans India Pvt Ltd to Jupiter Tatravagonka Railwheel Factory Pvt Ltd. It also announced an investment of ₹2,500 crore to increase the production limit of Jupiter Tatravagonka Railwheel Factory from the current 20,000 forged wheelsets per annum to 100,000 forged wheelsets per annum.