Stocks to Watch Today, August 31: Indian equities are likely to remain in focus as investors track a host of company-specific developments. HDFC Bank, Reliance Industries, ONGC, Tata Chemicals, Cipla, Oil India, Aster DM Quality Care, LIC Housing Finance, Lenskart, Hero MotoCorp and NBCC are among the stocks in focus following key corporate announcements, management changes, investments, stake transactions and project developments.
Here’s the list of stocks to watch in today’s trading session:
| Stocks in Focus | Why in Focus |
| HDFC Bank | Jagdishan to Retire as MD & CEO |
| Reliance Industries | Jio Platforms Gets SEBI Observation Letter |
| Hindusthan National Glass | Default Notice Served on B9 Beverages |
| Park Medi World | Plans 1,450 New Beds by FY28 |
| ONGC | Exploring Deepwater Drillship Acquisition |
| Tata Chemicals | Acquires US Soda Ash Contracts |
| Ather Energy | Invests Rs 400-500 Crore in New Platform |
| Cipla | Maharashtra FDA Withdraws Licence Cancellation Order |
| Oil India | Signs MoUs for CBG, Waste-to-Energy Projects |
| Aster DM Quality Care | Acquires 14.21% Stake in STS Holdings |
| LIC Housing Finance | Sandeep Kumar Appointed MD & CEO |
| Lenskart | Alpha Wave Sells 1.7% Stake |
| Hero MotoCorp | Raises Ather Stake to 32.8% |
| NBCC | Signs MoU with NHPC |
Jagdishan to Retire as MD & CEO
Sashidhar Jagdishan will not seek reappointment as HDFC Bank’s MD & CEO and will retire from the bank’s services effective October 26, 2026.
Jio Platforms Gets SEBI Observation Letter
Jio Platforms has received SEBI’s observation letter on the DRHP filed for its proposed initial public offering (IPO).
Hindusthan National Glass
Default Notice to B9 Beverages
Hindusthan National Glass has served a default notice on B9 Beverages, maker of Bira 91 beer, and plans to approach the NCLT.
Plans 1,450 New Beds by FY28
Park Medi World plans to add 1,450 beds by FY28, focusing on expanding its hospital network across northern India, particularly Tier 1, 2 and 3 cities.
ONGC
Exploring Deepwater Drillship Acquisition
ONGC is exploring acquiring deepwater drillships or forming a joint venture to secure dedicated drilling capacity under its Mission Samudra Manthan programme, PTI reported.
Acquires US Soda Ash Contracts
Tata Chemicals North America has acquired North American soda ash customer contracts exceeding 5,00,000 metric tonnes for supply from September 2026 through December 2028.
Invests Rs 400-500 Crore in New Platform
Ather Energy has invested over Rs 400-500 crore to develop its latest scooter platform EL and its first mass-market e-scooter, Monarc.
Cipla
Maharashtra FDA Withdraws Licence Cancellation Order
The Maharashtra FDA withdrew its order cancelling Cipla Pharma & Life Sciences’ Pune unit drug sale licence after the Bombay High Court criticised the regulator.
Signs MoUs for CBG, Waste-to-Energy Projects
Oil India’s subsidiary OIL Green Energy signed MoUs with Gurugram, Faridabad, Hisar and Ambala municipalities for integrated CBG and waste-to-energy projects.
Acquires 14.21 per cent Stake
Aster DM Quality Care’s subsidiary Chemistry Intermediate Holdings acquired a 14.21 per cent stake in Bangladesh-incorporated STS Holdings for $44.11 million.
Sandeep Kumar Appointed MD & CEO
LIC Housing Finance’s Board approved Sandeep Kumar’s appointment as Additional Director, MD and CEO, effective August 29.
Lenskart
Alpha Wave Sells 1.7 per cent Stake
Alpha Wave Global divested a 1.7 per cent stake in Lenskart Solutions for Rs 1,856 crore through open market transactions.
Raises Ather Stake to 32.8 per cent
Hero MotoCorp raised its stake in Ather Energy to 32.8 per cent by acquiring shares worth Rs 1,758 crore.
NBCC signed an MoU with NHPC to execute infrastructure projects across India, including residential and commercial infrastructure, office complexes and allied facilities, at a 5.5 per cent PMC fee.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
