*Stocks in News*
*R.P.P Infra Projects:* Company received termination of a Rs. 205.89 crore work order from the Sports Development Authority of Tamil Nadu. (Positive)
*GK Energy:* Company received a Letter of Empanelment (LoE) from a state government- owned power distribution utility for rooftop solar projects with a total capacity of 100 MW across one lakh households. The contract value is approximately Rs. 454.50 crore, including GST. (Positive)
*Texmaco Rail & Engineering:* Company signed Mmorandum of Understanding (MoU) with Germany-based Bochumer Verein Verkehrstechnik for collaboration in railway wheels and axles. (Positive)
*Great Eastern Shipping:* Company’s Board approved a Rs. 900 crore share buyback at a maximum price of Rs. 1,530 per share. (Positive)
*Adani Enterprises:* Company’s joint venture, AdaniConneX, acquired a 100% stake in Chandenvalle Infra Park for Rs. 535.69 crore. (Positive)
*Wipro:* Company expanded its partnership with Google Cloud to scale Artificial Intelligence (AI) across enterprise operations, with plans to equip 10,000 AI-certified specialists with advanced capabilities. Company also launched the LIFT framework to accelerate AI transformation. (Positive)
*Happiest Minds:* ITC Infotech is reportedly considering acquiring the promoter’s 44% stake in the Company at a possible price of Rs. 390–400 per share. (Positive)
*Star Cement:* Company and its subsidiaries are no longer required to pay mineral cess with effect from August 22. (Positive)
*Welspun Living:* Company partially resumed operations at its Vapi facility. (Positive)
*GAIL:* Company is expanding its pipeline network, strengthening Liquefied Natural Gas (LNG) shipping capabilities and building a portfolio across green hydrogen, Compressed Biogas (CBG) and other low-carbon technologies to strengthen energy security. (Positive)
*Sumit Woods:* Company received an Intimation of Disapproval (IOD) for redevelopment of Makwana Building Co-operative Housing Society in Vile Parle East, Mumbai. The project has an estimated Gross Development Value (GDV) of approximately Rs. 85 crore. (Positive)
*Viviana Power Tech:* Company secured a Rs. 9.74 crore order from Gujarat Energy Transmission Corporation (GETCO) for laying, erection, testing and commissioning of 66 kV XLPE cables under Package-2 in Rajkot Zone. (Positive)
*HCL Tech:* Company Collaborates With WACKER Chemie AG to Establish Global Capability Center in India (Positive)
*Tejas Networks:* Company gets ₹1,537 crore LOI from TCS (Positive)
*New India Assurance:* Receives tax refund of ₹781 cr order from ITD for AY 2022-23 (Positive)
*NBCC:* Company bags multiple orders worth ₹134 cr (Positive)
*Ather Energy:* Hero Moto to buy additional stake in Ather Energy for ₹1,758 cr (Positive)
*Wipro:* To Create 10,000 AI-Certified Specialists (Positive)
*Indian Hotels:* Company announced the launch of Taj Mount Kusur Resort and Villas in Lonavala, Maharashtra, developed in partnership with real estate brand Amavi. (Positive)
*RailTel:* Company receives work order of Rs 38 crore from Cotton Corporation of India (Positive)
*Chemplast Sanmar:* Appoints Ganeshkumar Subramanian as MD (Neutral)
*Apollo Tyres:* Warburg Pincus, through Emerald Sage Investment, sold 2.70 crore shares, representing a 4.25 per cent stake in Apollo Tyres. (Neutral)
*Adani Power:* Company sells 100% stake in Chandenvalle Infra Park to AdaniConneX (Neutral)
*Kotak Bank:* Kotak Mahindra Investments: CFO Gandotra to resign Aug 31 (Neutral)
*LIC Housing Finance:* Company clarified that the National Company Law Tribunal (NCLT) order regarding Subhash Chandra’s personal insolvency does not impact its security interest. (Neutral)
*Life Insurance Corporation of India:* Company subscribed to Rs. 5,000 crore worth of Non-Convertible Debentures (NCDs) issued by Bajaj Finance. (Neutral)
*Mahindra Lifespace Developers:* Company’s Board approved the sale of its entire stake in four associate companies for up to Rs. 80 crore. (Neutral)
*Indoco Remedies:* Company executed a deed of conveyance for the sale of Mulgaon land for Rs. 64 crore. (Neutral)
*HDFC Bank:* Company is exploring an appeal before the National Company Law Appellate Tribunal (NCLAT) against the National Company Law Tribunal (NCLT) order approving Subhash Chandra’s repayment plan. (Neutral)
*Info Edge:* Company will tender all 5,55,556 Series Pre-Seed Preferred Stock held by it in Skyserve. (Neutral)
*UCO Bank:* Company plans to raise dollar bonds by the end of September or mid-October. (Neutral)
*Thomas Cook India:* Company’subsidiary Sterling Holiday Resorts launched Sterling Lake View Sattal in Uttarakhand, expanding its portfolio to 80 properties across India. (Neutral)
*Apollo Micro Systems:* CARE Ratings assigned CARE A-/RWD to the Company’s long-term bank facilities of Rs. 1,530 crore and CARE A2+/RWD to short-term bank facilities of Rs. 350 crore. (Neutral)
*Cranex:* Company secured a Letter of Award (LoA) from Eastern Railway worth approximately Rs. 1.87 crore for the supply, installation and commissioning of an 80-ton surface-type traverser. (Neutral)
*TD Power:* To Raise Up To ₹675 Cr Via Preferential Issue & QIP (Neutral)
*RPPInfra:* Company loses ₹206-crore Chennai sports city order as Tamil Nadu redraws project (Negative)
Corporate Action for Today –
TODAY – NSE MAINBOARD NEW LISTING – TEMPSENS EQ – Tempsens Instruments (India) Limited IPO PRICE Rs. 300/-
TODAY – GAEL EX DIV – RS 0.30
TODAY – DYNAMATECH EX DIV – RS 5
TODAY – CORALFINAC EX DIV – RS 0.20
TODAY – CANTABIL EX DIV – RS 0.75
TODAY – BBOX EX DIV – RS 1
TODAY – HONASA EX DIV – RS 3
TODAY – SWANCORP EX DIV – RS 0.15
TODAY – SUMIT EX DIV – RS 0.20
TODAY – STUDDS EX DIV – RS 3
TODAY – HALDYNGL EX DIV – RS 0.70
TODAY – WHIRLPOOL EX DIV – RS 5
TODAY – VTL EX DIV – RS 5
TODAY – VSSL EX DIV – RS 3.50
TODAY – VHL EX DIV – RS 5
TODAY – PARAS EX DIV – RS 1
TODAY – NBCC EX DIV – RS 0.46
TODAY – MUFTI EX DIV – RS 2
TODAY – PROTEAN EX DIV – RS 10
TODAY – POLYMED EX DIV – RS 3.50
TODAY – STERTOOLS EX DIV – RS 2.75
TODAY – GULPOLY EX DIV – RS 1.50
TODAY – ARVSMART EX DIV – RS 2.25
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