The Indian stock market is set for an action-packed session today with several companies announcing earnings, stake sales, acquisitions, appointments, fund infusions, and order wins. Here’s a quick roundup of the major developments that could influence trading activity:
Quarterly Earnings
- Shanti Gold International (Q1, YoY):
- Net profit surged 174% to ₹24.6 crore from ₹9 crore.
- Revenue rose 22.1% to ₹292.8 crore from ₹239.8 crore.
Stocks to Watch
- Clean Science & Technology: Promoters Ashok Boob and Krishna Boob likely to sell up to 24% stake via block deals worth ₹2,626 crore at a floor price of ₹1,030/share.
- India Cements: UltraTech Cement to offload 2.01 crore shares (6.49% stake) via OFS on Aug 21–22 at a floor price of ₹368/share.
- RailTel Corporation: Won two orders worth ₹50.4 crore (Kerala IT Mission – ₹35 crore, Odisha Higher Education Dept – ₹15.4 crore).
- Jupiter Wagons: Subsidiary received LOI worth ₹215 crore to supply 5,376 wheelsets for Vande Bharat trains.
- Exide Industries: Invested ₹100 crore in subsidiary Exide Energy Solutions via rights issue; total investment now ₹3,802.23 crore.
- Titan Company: P. B. Balaji resigned as Non-Executive, Non-Independent Director effective Aug 20.
- Godrej Properties: Acquired 7% stake in Godrej Skyline Developers.
- Syngene International: Announced multiple senior management appointments across Strategy, Technology, Chemistry, Biology, and Research.
- Fortis Healthcare: Signed collaboration with Ekana Group to operate a 550-bed super-specialty hospital in Lucknow.
- Hitachi Energy India: Appointed Ismo Antero Haka as Chairman, replacing Achim Michael Braun.
- Innova Captab: Successfully completed UK-MHRA inspection at its Baddi plant with no critical findings.
- Nucleus Software: Named Vishnu R Dusad as Interim CFO effective Aug 20.
- SMC Global Securities: To invest ₹15 crore in NCDEX.
- Suryoday Small Finance Bank: EVP & Chief People Officer Meenaa Sharma resigned.
- Popular Vehicles & Services: Subsidiary acquired BharatBenz dealership operations in Punjab.
- Paradeep Parivahan: Acquired 100% stake in four companies, expanding logistics footprint.
- Crisil: Subsidiary approved incorporation of Crisil Canada Inc.
- Thermax: Completed acquisition of 23.03% stake in Thermax Bioenergy Solutions, making it a wholly owned unit.
- Fedbank Financial Services: Board to consider raising up to ₹2,500 crore via NCDs on Aug 25.
- Signpost India: Appointed EY LLP as strategic growth partner for a 3-year transformation plan.
- Arvind Fashions: Hired Saikot Das as Chief Brand & Strategy Officer.
- CAMS: Received RBI approval to transfer payment aggregator operations to subsidiary CAMSPAY.
- Enviro Infra Engineers: PTC India Financial Services to resolve ₹115.6 crore debt via change in management at subsidiary Vento Power Infra.
- Poly Medicure: NCLT Allahabad approved its resolution plan for Himalayan Mineral Waters.
- Super Iron Foundry: Saudi subsidiary signed 10-year land lease to set up foundry unit in KSA.
- Prostarm Info Systems: Declared L-1 bidder for setting up 150 MW/300 MWh battery storage system in Karnataka.
- RACL Geartech: Secured long-term supply order for premium motorcycle transmission gears from top Indian manufacturer.
Bulk Deals
- Shaily Engineering Plastics: Capital Group funds acquired stakes worth ₹147.9 crore; Lighthouse Funds sold shares worth ₹96.25 crore.
- HealthCare Global Enterprises: Axis MF acquired 13.92 lakh shares for ₹91.87 crore.
- Pearl Green Clubs: Motilal Oswal Finvest offloaded 15,000 shares.
- Sampann Utpadan India: Isquare Global PE Fund bought 1.8% stake, Davos International Fund exited.
- V-Guard Industries: ICICI Prudential MF acquired 0.95% stake for ₹153.6 crore.
Stocks Trading Ex-Dividend
Coal India, HAL, RVNL, AMJ Land Holdings, Bhandari Hosiery, BSL, Honda Power, Kakatiya Cement, Manorama Industries, Pudumjee Paper, Relaxo Footwears, Styrenix, Thomas Cook, United Van Der Horst.
Stock Split – Ex-Date
- Dev Information Technology
Stocks in F&O Ban
PG Electroplast, RBL Bank, Titagarh Rail Systems
Disclaimer: This content is for information only, not investment advice. Please consult your financial advisor before investing.
