Stocks to Watch Today, August 21: Indian equities are likely to remain stock-specific on Friday, with several companies in focus following key corporate developments. KFin Technologies will draw attention after General Atlantic sold an 8.7 per cent stake for Rs 1,400 crore, while L&T secured a large Dubai airport transit order.
Tata Motors and Tata Power announced new EV and solar initiatives, respectively. Federal Bank entered a financing partnership with VinFast India, while IOC is set to sign an LPG import deal with Algeria’s Sonatrach. Lupin, Mankind Pharma, Ashok Leyland and others also reported significant developments.
Here’s the list of stocks to watch in today’s trading session:
| Stocks in focus | Why in focus |
| KFin Technologies | General Atlantic sells 8.7% stake |
| Federal Bank | VinFast India inks financing pact |
| Tata Motors | Drivn partners Tata Motors on EV leasing |
| Tata Power | Launches Har Ghar Solar in Bihar |
| Brigade Enterprises | Leases 1.62 lakh sq ft to HealthEdge |
| Niva Bupa | IRDAI bars new business place for six months |
| Larsen & Toubro (L&T) | Wins Dubai airport transit system order |
| Ashok Leyland | Partners Haryana for driving institute |
| Mankind Pharma | Signs insulin licensing deal in India |
| Lupin | Gets YUVEZZI commercialisation rights |
| Indian Oil Corporation | Set to sign LPG import deal with Sonatrach |
| Saatvik Green | Wins Rs 190 crore solar module order |
| Torrent Power | CFO Saurabh Mashruwala resigns |
| Manipal Health | Profit falls 7.5%, revenue jumps 38% |
General Atlantic sells 8.7 per cent stake
General Atlantic, a promoter entity of KFin Technologies, sold an 8.7 per cent stake in the financial services platform for Rs 1,400 crore through an open-market transaction.
VinFast India inks financing pact
VinFast India signed an MoU with Federal Bank to provide tailored inventory financing solutions to its authorised dealer network.
Drivn partners Tata Motors on EV leasing
EV leasing platform Drivn signed an initial pact with Tata Motors to explore lease-based deployment of electric commercial vehicles for fleet operators.
Launches Har Ghar Solar in Bihar
Tata Power Renewable Energy launched its ‘Har Ghar Solar’ initiative in Bihar, targeting rooftop solar adoption across five lakh homes over three years.
Leases 1.62 lakh sq ft to HealthEdge
Brigade Enterprises leased 1.62 lakh sq ft of office space in Thiruvananthapuram to US-based healthcare technology firm HealthEdge.
IRDAI bars new business place for six months
Wins Dubai airport transit system order
L&T, in consortium with Mitsubishi Heavy Industries, secured a ‘large’ order to design and build a fully driverless mass transit system at Dubai’s Al Maktoum International Airport.
Partners Haryana for driving institute
Ashok Leyland partnered with the Haryana government to establish an Institute of Driving Training & Research at Ambala.
Signs insulin licensing deal in India
Mankind Pharma entered an exclusive in-licensing and marketing agreement with China’s Chongqing Chenan Biopharmaceutical to commercialise two insulin analogues in India.
Lupin
Gets YUVEZZI commercialisation rights
Lupin’s arm VISUfarma BV entered an exclusive licensing agreement with Visus Therapeutics to commercialise YUVEZZI, an ophthalmic product.
Set to sign LPG import deal with Sonatrach
Indian Oil is set to sign a deal with Algeria’s Sonatrach to import LPG from 2027, as India seeks to diversify supplies away from the Middle East.
Wins Rs 190 crore solar module order
Saatvik Green Energy received an order worth Rs 190 crore for the supply of solar photovoltaic modules.
CFO Saurabh Mashruwala resigns
Torrent Power said CFO Saurabh Mashruwala resigned from his position on August 20, marking a key management change at the power utility.
Profit falls 7.5 per cent, revenue jumps 38 per cent
Manipal Health Enterprises reported a 7.48 per cent year-on-year decline in consolidated profit, while revenue increased 38.12 per cent during the period.
(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.)
