Several companies are likely to remain in focus on Wednesday, August 20, due to important announcements, earnings updates, and corporate developments.
Stocks to Watch on Wednesday, August 20:
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Lloyds Metals – Emerged as the successful bidder for the Tandsi-III and Tandsi-III extension coking coal mines.
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Jain Irrigation / Mahindra EPC – Government suggested no GST on essential farm equipment such as irrigation and sprinklers.
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Greenlam Industries – Expanded operations from 2 to 5 manufacturing plants and from 3 to 6 product categories over the past decade.
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Astral – Promoter group entities Kairav Chemicals and Saumya Polymers acquired 1,00,000 shares each.
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NTPC – Subsidiary declared commercial operation of a 212.5 MW solar project and a 52.8 MW wind project in Gujarat.
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SRF – Signed agreements with Chemours to support application needs by 2026.
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Dynamic Cables – Received BIS license to manufacture High Conductivity Aluminium Alloy Stranded Conductors and Thermosetting Insulated Armoured Fire Survival Cables.
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Servotech Renewable Energy – Secured an order worth ₹28.84 crore for supply, installation, testing, and commissioning of a grid solar power plant.
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Bombay Dyeing – Won an appeal with the Maharashtra State Tax Tribunal annulling a tax demand of ₹3.91 crore.
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Fiem Industries – Received development orders for three new products from Force Motors, marking entry into the four-wheeler segment.
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GNG Electronics – Reported net profit of ₹18.5 crore vs ₹12.1 crore YoY; revenue ₹312 crore vs ₹255 crore YoY.
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Aditya Info – Posted net profit of ₹32.8 crore vs ₹22.5 crore YoY; revenue ₹740 crore vs ₹636 crore YoY.
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Ujjivan Small Finance Bank – Appointed Deepak Agarwal as Head of Strategy.
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Mankind Pharma – Established wholly-owned subsidiary in Russia named Mankind Pharma LLC.
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Aarti Pharmalabs – Fixed September 15, 2025, as record date for final dividend of ₹2.5 per share for FY25.
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Tata Steel – High Court hearing on September 2 regarding ₹1,902 crore penalty imposed by Office of Deputy Director of Mines, Jajpur.
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Rane Holdings – Announced ₹50 crore investment in subsidiary Rane Steering Systems.
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GIC Housing Finance – Approved private placement of NCDs/bonds up to ₹25 billion and related party transactions up to ₹10 billion.
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Prime Fresh – Plans investment of over ₹150 crore in Maharashtra for peri-urban vegetable clusters in Nashik and Pune over 2-3 years.
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IDFC First Bank – Board approved preferential allotment of ₹43.72 crore compulsorily convertible cumulative preference shares to Platinum Invictus B.
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Bajaj Auto Credit – Issued and allotted ₹500 crore commercial papers at 6.25% discount rate.
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Suryoday Small Finance Bank – Board meeting on September 11 to consider reappointment of Baskar Babu Ramachandran as MD & CEO.
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IRFC – Executed agreements for a fresh term loan facility of ₹199.70 crore with Surat Integrated Transportation Development Corporation.
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Kolte-Patil Developers – Open offer launched by BREP Asia III India Holding to acquire up to 2.31 crore shares.
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Hero MotoCorp – Launched new 125cc motorcycle, Glamour X 125.
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GMR Power – Board to meet on August 22 to consider raising funds up to ₹3,000 crore.
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