Stocks to watch out on Friday, 12th September include PowerGrid, Biocon, Corporation Bank, Union Bank, and Kalpataru Transmission based on their latest company updates with exchanges:

PowerGrid Corpn of India Ltd: The Company was awarded the successful bidder for 2 transmission projects in M.P & Rajasthan.

PowerGrid stock on Thursday closed at Rs.199.30-per share, down by 1.04-pc from its last closing price on the NSE.

Biocon Ltd: The Pharma major licensed 3 Generic Formulations Products to China Medical Sys Holdings.

Biocon stock on Thursday closed at Rs231-per share, down by 1.62-pc from its last closing price on the NSE.

Corporation Bank: The Bank to consider amalgamation with Union Bank of India on September 16.

Corporation stock on Thursday closed at Rs.16.95-per share, down by 1.17-pc, while Union Bank of India shares closed at Rs59-per share down 1.17% from their previous closing on the NSE.for newly updated stock Tips and nifty future trading tips.

Kalpataru Transmission Ltd: HDFC Asset management co enhanced its stake from 7.4pc to 9pc in the company.

Kalpataru Transmission stock on Thursday closed at Rs.465.15-per share, down by Rs.1.70 from its last closing price on the NSE.