Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, new listings and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
Oil and Natural Gas Corporation, Hindalco Industries, Apollo Hospitals Enterprise, Bharat Dynamics, National Securities Depository (NSDL), Zydus Lifesciences, FSN E-Commerce Ventures Nykaa, Honasa Consumer, Alkem Laboratories, Jindal Steel & Power, Abbott India, Dr Agarwals Health Care, Dr Agarwals Eye Hospital, EMS, Hindustan Aeronautics, Jyothy Labs, Karnataka Bank, Natco Pharma, Nazara Technologies, NHPC, NMDC, Oil India, Rashtriya Chemicals and Fertilizers, Rail Vikas Nigam, Senco Gold, Suzlon Energy, and VA Tech Wabag will announce their quarterly earnings on August 12.
Ashoka Buildcon Q1 (Consolidated YoY)
Pfizer: The drugmaker has launched its next-generation 20-valent pneumococcal conjugate vaccine (PCV20) in India for adult immunisation against 20 serotypes responsible for most invasive and non-invasive pneumococcal diseases.
Indian Hotels will acquire controlling stakes in ANK Hotels and Pride Hospitality for up to Rs 204 crore.
Medi Assist: Promoter Bessemer India is likely to offload up to 16% stake via block deal.
Adani Enterprises subsidiary Horizon Aero Solutions to acquire 100% stake in Indamer Technics
Home First Finance Company India
Orange Clove Investments BV, an affiliate of global private equity investor Warburg Pincus, has exited Home First Finance Company India by selling its entire holding of 1.09 crore shares (10.6% stake) at Rs 1,190.5 per share, valuing the transaction at Rs 1,307.2 crore. However, there were 21 buyers for the entire 1.09 crore shares, including Morgan Stanley, Citigroup, Bandhan Mutual Fund, VQ Fastercap Fund, Dendana Investments Mauritius, Fidelity, HDFC Life Insurance Company, HSBC Mutual Fund, ITI Mutual Fund, Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund, Norges Bank, and Tata AIG General Insurance Company.
HDFC Mutual Fund sold a total 1.4% stake in the housing finance company. It offloaded 4.81 lakh shares at Rs 384.55 per share, and 4 lakh shares at Rs 386.5 per share, amounting to a total transaction value of Rs 33.97 crore.
Network People Services Technologies (NPST)
Tata Mutual Fund bought 4.3 lakh shares (equivalent to a 2.2% stake) at Rs 2,073.99 per share. However, promoters collectively offloaded 5.3 lakh shares (equivalent to a 2.75% stake) worth Rs 110.6 crore. The sellers included Deepak Chand Thakur, who sold 1.63 lakh shares at Rs 2,074.25 per share, Savita Vashist, who offloaded 2.1 lakh shares at Rs 2,074.02 per share, and Ashish Aggarwal, who sold 1.6 lakh shares at Rs 2,074.03 per share.
R G Family Trust, managed through trustees Harsh Vardhan Goenka and Anant Goenka, purchased 1.06 lakh shares in FlySBS Aviation at Rs 471.25 per share.
Promoters Venkata Rama Gaddam and Satyanarayana Raju Bhupathiraju sold 2,06,164 shares in Vineet Laboratories at Rs 33.5 per share. On the other side, Ajay Agrawal, Vasudev Agrawal, Rajendra Agrawal, and Jyoti Agarwal collectively purchased 2 lakh shares at the same price.
Mainboard Listing on August 12
Highway Infrastructure
Stocks Trade Ex-Dividend
ICICI Bank
Grasim Industries
Arvind Fashions
Axtel Industries
Dwarikesh Sugar Industries
HG Infra Engineering
India Pesticides
KIFS Financial Services
NGL Fine Chem
RITES
Stocks Trade Ex-Date for Split
India Glycols
Sprayking
Stocks in F&O Ban
PG Electroplast
PNB Housing Finance
RBL Bank
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