The GIFT Nifty futures, which is an early indicator of the Nifty50 index stocks, was trading lower by 70 points at 24,963, indicating that the domestic benchmark indices are likely to make a negative start on Wednesday.
Earlier on Tuesday, 19 August, the Domestic benchmark indices S&P BSE Sensex surged by 370 points or 0.46%, and settled at 81,645, while the Nifty50 traded 0.42% higher or 104 points, closing at 24,980.
Here are some stocks that are likely to remain in focus on 20 August.
Quarterly Results Today: VXL Instruments, PVP Ventures, Shanti Gold International, Picturehouse Media, and Morarjee Textiles are some of the prominent companies set to announce their quarterly earnings for April-June.
Hindustan Aeronautics: The Cabinet Committee on Security (CCS) approved Hindustan Aeronauticsβ order to supply 97 Light Combat Aircraft (LCA) Mark 1A fighter jets worth Rs 62,000 crore, according to government sources. This marks one of HALβs largest-ever defence procurement deals.
Indian Oil: Indian Oil signed an MoU with Air India to supply Sustainable Aviation Fuel (SAF). The deal follows Indian Oilβs certification for SAF production at its Panipat Refinery, making it the first Indian petroleum company to earn recognition from the International Civil Aviation Organisation.
Globe Civil Projects: Globe Civil Projects secured a Rs 222.20 crore contract from the Haryana Cricket Association to construct an international cricket stadium in Lohat, Jhajjar district. The project, awarded on a BOQ basis, carries a 24-month completion timeline and involves full execution of the stadium.
Lloyds Metals & Energy: Lloyds Metals & Energy won the bid for the Tandsi-III and Tandsi-III extension coking coal mines with a 10.5% premium. Located on the Madhya PradeshβMaharashtra border, about 400 km from Ghugus, the mines span roughly 338 hectares and hold an estimated 23 million metric tonnes of reserves.
NTPC Green Energy: NTPC Renewable Energy, a subsidiary of NTPC Green Energy, began commercial operations of an additional 212.5 MW at the 1,255 MW Khavda-I Solar PV project in Gujarat. The company also commissioned 52.8 MW of wind capacity under its 100 MW hybrid project in Gujarat, which includes 92.4 MW of wind and 37.5 MW of solar, through Ayana Renewable Power Four, a wholly owned arm of the ONGC NTPC Green JV.
CCL Products (India): The company has signed an agreement to acquire a 26% stake in Mukkonda Renewables, a subsidiary of Ecoren Energy India, for Rs 9.57 crore. This investment will give CCL access to about 7.9 MW of renewable wind and solar energy.
Phoenix Mills: The Competition Commission of India (CCI) cleared the companyβs plan to facilitate the exit of Canada Pension Plan Investment Board (CPP Investments) from its 49% stake in Island Star Mall Development, its material subsidiary, subject to shareholder and regulatory approvals.
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