Stocks to Watch Today, August 26: Indian equities are likely to remain focused on several stocks in Wednesday’s trading session, August 26, following key corporate developments. Varun Beverages, ITC Hotels, Cipla, NBCC, NITCO and Tata Steel are among the stocks in focus.
Natco Pharma, Tata Communications, Tata Motors Passenger Vehicles, Hyundai Motor India, United Breweries and Hindustan Copper are also likely to remain on investors’ radar after significant business, regulatory and corporate announcements.
Here’s the list of stocks to watch in today’s trading session:
| Stocks in focus | Why in focus? |
| Varun Beverages | Forays into Alcoholic Beverages |
| ITC Hotels | Signs Havelock Island Retreat Deal |
| Cipla | USFDA Issues Form 483 |
| NBCC | Sells 111 Noida Units for Rs 416.53 Cr |
| NITCO | Announces Rs 1,000 Cr Alibag Project |
| Tata Steel | Gets Interim Relief on Rs 1,755 Cr Demand |
| Natco Pharma | To Invest $14 Mn in eGenesis |
| Tata Communications | To Equip Sierra.ev With 5G |
| Tata Motors Passenger Vehicles | Partners With Tata Communications on 5G |
| Hyundai Motor India | Partners With Jio-bp on EV Charging |
| United Breweries | Expands Heineken Silver in 3 States |
| Hindustan Copper | Govt to Exercise 3% Oversubscription Option |
Alcoholic Beverages Foray
Varun Beverages, PepsiCo’s leading bottler, will enter the alcoholic beverages segment as part of its diversification strategy.
New Havelock Island Retreat
ITC Hotels has signed a management agreement for a 22-key boutique retreat in Swaraj Dweep (Havelock Island) under its Storii by ITC Hotels brand.
Cipla
USFDA Issues Form 483
Cipla said the US health regulator issued Form 483 with seven inspectional observations following the completion of an inspection at its Pithampur facility.
NBCC
Sells Noida Units
State-owned NBCC (India) sold 111 residential units in Noida through e-auction for Rs 416.53 crore.
NITCO
Alibag Joint Development
House of Abhinandan Lodha announced a joint development project in Alibag with a NITCO arm, with an investment of Rs 1,000 crore for the mixed-use project.
Interim Relief
Tata Steel has received interim relief in connection with the Rs 1,755-crore demand notice issued by the Jharkhand government.
USD 14 Million Investment
Natco Pharma will invest USD 14 million, or over Rs 130 crore, in US biotechnology firm eGenesis through two subsidiaries.
Tata Communications, TMPV
Sierra.ev 5G
Tata Communications and Tata Motors Passenger Vehicles will equip the Sierra.ev with built-in 5G connectivity, supporting the deployment of Software-Defined Vehicles in India.
EV Charging Tie-Up
Hyundai Motor India has partnered with Jio-bp to integrate their EV charging networks and improve charging accessibility for electric vehicle users across India.
Heineken Silver Expansion
United Breweries will expand Heineken Silver across Kerala, Odisha and Madhya Pradesh as part of its strategy to accelerate premiumisation.
OFS Oversubscription Option
The Government will exercise the oversubscription option for 2.90 crore Hindustan Copper shares, representing 3 per cent of total paid-up equity, alongside the 2.90-crore-share base offer.
(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.)
