Several companies are set to attract investor attention on Thursday, August 28, following a series of corporate announcements and developments. Here’s a summary of the top stocks to monitor today:
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TCS: Forms a new AI & Services Transformation unit.
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Tata Steel: Plans ₹3,000 crore investment in Singapore holding company.
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Power Grid: Declared successful bidder for a transmission project in Karnataka.
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HAL: India may sign $1 billion fighter jet engine deal with GE next month (ANI report).
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Escorts: Launches ‘Kubota Mu4201’ tractor, entering the 41-44 HP market segment in India.
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United Breweries (UB): Expanding Telangana brewery with ₹90 crore investment.
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HFCL: Secures ₹102 crore order from Indian Army for optical fiber cable supply.
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RVNL: Signs 51:49 joint venture agreement with Texmaco Rail for railway infrastructure projects.
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GR Infra: Receives Letter of Intent from REC for projects worth ₹367 crore.
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Biocon: Subsidiary receives tentative US FDA nod for Sitagliptin tablets.
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AB Capital: Arm approved to operate as a payment aggregator.
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Newgen: Bags ₹73 crore contract to scan and digitize judicial records for a state court.
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Samhi Hotels: Signs lease agreement for 260-room mid-scale hotel in Hyderabad’s financial district.
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Zaggle: Enters agreement with Standard Chartered Bank for prepaid payment instruments.
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Dishman: Naroda unit cleared by US FDA.
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Oil India (OIL): Executes JV agreement with BPCL for city gas distribution in Arunachal Pradesh.
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IndiGo: Gangwal and Chinkerpoo Family Trust may sell 3.1% stake at 4% discount to current market price.
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ICICI Lombard / New India: Heavy rains and floods cause significant damage in J&K and northern India, affecting insurance claims.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.