As the trading day unfolds, several key stocks are making headlines with notable developments across sectors. From new project announcements to regulatory changes, these updates could influence market movements. Here’s a quick overview of the most relevant corporate actions and financial events investors should be aware of today.
Green
- Hero Moto: Ather Energy has filed its Draft Red Herring Prospectus (DRHP) for an IPO, planning a fresh issue of ₹3,100 crore.
- Tata Power: Commenced production of solar cells at its new manufacturing plant in Tirunelveli, Tamil Nadu.
- GMR Airports: Set to acquire a 10% stake in Delhi International Airport for $126 million.
- Bikaji, Gopal Snacks: GST on namkeen snacks reduced from 18% to 12%, potentially boosting margins.
- IREDA: Signed an MoU with SJVN & GMR for a 900 MW hydropower project in Nepal.
- IRB Infra: Reported a 20.5% increase in gross toll collections for August, up to ₹502.6 crore from ₹417.2 crore.
- Ahluwalia Contracts: Secured two orders worth ₹1,307 crore for group housing projects.
- Dixon Tech: Its subsidiary signed an MoU with HP India to manufacture notebooks, desktops, and PCs.
- ACE: Bagged an order from the Ministry of Defence for the supply of 99 forklifts.
- Easy Trip: To consider multiple acquisitions in its upcoming board meeting on September 13.
- HG Infra: Received a Letter of Award (LoA) for a highway project worth ₹781 crore from the Ministry of Road Transport.
- Zaggle: Entered into an agreement with HDFC Ergo for its reward platform.
- Lemon Tree Hotels: Signed a new property in Nashik, expected to open in FY26.
Red
- Adani Group: Kenyan court has halted a proposal for investment in Kenya’s largest airport.
Investors should keep an eye on these stocks as they react to the latest corporate actions and market updates. With significant developments across various industries, from renewables to infrastructure and technology, today’s market landscape presents several opportunities for both short-term and long-term strategies.
Disclaimer:
This article is for informational purposes only and should not be construed as financial advice. Investors are encouraged to conduct their own research and consult with a licensed financial advisor before making any investment decisions. The performance of stocks and markets is subject to various risks and uncertainties.
