Dr. Agarwal's Health Care, which made its Dalal Street debut in February, holds 71.90 percent stake in Dr. Agarwal's Eye Hospital.
Stocks to Watch, 29 August: Stocks like Reliance Industries, Hexaware Technologies, Lemon Tree Hotels, Afcons Infrastructure, Shukra Pharmaceuticals, One 97 Communications Paytm, Muthoot Finance, and CG Power and Industrial Solutions will be in focus on August 29.
As of June 2025, Rakesh Gangwal, and The Chinkerpoo Family Trust had held 7.81 percent stake in the IndiGo operator.
Indian equities recorded strong losses on August 28, ending in the red for a second consecutive session after additional US tariffs on India's exports came into effect.
The weak market sentiment will likely continue as long as Nifty remains below 24,600 and Sensex below 80,600, said an analyst
About 1409 shares advanced, 2501 shares declined, and 142 shares were unchanged.
HDFC Bank, ICICI Bank and other private lender stocks also dropped. This pushed the Nifty Bank index down nearly 1%.
Dr Agarwal's Health Care, which made its Dalal Street debut in February, holds 71.90 percent stake in Dr Agarwal's Eye Hospital.
Ola Electric share price: The stock has now recovered nearly 41% from its 52-week low in just over a month.
Polycab India share price: Jefferies estimates an over 26 percent earnings per share CAGR between FY25–28, while valuing the stock at 32 times FY27 earnings.
Smallcap stocks: The Nifty Smallcap 100 index dropped more than 1% to stand at 17,325 in the morning.
Hero MotoCorp, Eicher Motors, Bajaj Auto, and Maruti Suzuki were the top gainers on the index. Tata Motors and M&M kept the index in the red.
US President Donald Trump’s additional 25% tariff took effect yesterday, effectively taking import tax on Indian imports to as high as 50%.
Rakesh Gangwal and his family have raised around Rs 45,300 crore by trimming their stake in InterGlobe Aviation since 2022.
Stocks to Watch, 28 August: Stocks like Sri Lotus Developers, InterGlobe Aviation, SMS Pharmaceuticals, E2E Networks, Mangal Electrical Industries, HFCL, Power Grid Corporation of India, Edelweiss Financial Services, and Dr Agarwal's Eye Hospital will be in focus on August 28.
Several brokerages have issued positive notes for many stocks over the past couple of sessions. Check out 10 such stocks with strong upside potential, as per the analysts.
BNP Paribas also bought over 10 crore shares in Zomato parent Eternal Rs 3,220 crore at an average price of Rs 318.10 a share
TPG had held 7.47 crore shares (38.83 percent stake) in Sai Life just before the IPO launch, of which it sold 2.3 crore shares via offer-for-sale in the IPO in December last year. Since then, gradually it offloaded the remaining 24.78 percent shares including today's share sale.
Shares of Vikram Solar, Patel Retail, Gem Aromatics and Shreeji Shipping Global were listed on the stock exchanges on August 26.
Top gainers and losers today: Except FMCG, all other sectoral indices ended in the red with PSU Bank, metal, pharma, oil & gas, consumer durables, realty, telecom down 1-2%.
With a trading holiday on Wednesday and expiry of August series on Thursday, market participants are unwilling to carry aggressive bets, and instead, call writers, or those betting against an upside have turned aggressive, capping meaningful gains.
Textile, shrimp stocks declined on fears that orders could shift to rival exporters such as Bangladesh, China and Vietnam, which face lower tariffs.
HDFC Bank share price: The shares of India's largest private lender currently have a P/E ratio of over 41.
The sharp fall in the share prices pushed the Nifty Capital Markets index down over 2% to hover around 4,302 in the afternoon.
Pharma stocks: The Nifty Pharma index has now snapped a three-session gaining streak.