The GIFT Nifty futures, which is an early indicator of the Nifty50 index stocks, was trading lower by 27 points at 25,095, indicating that the domestic benchmark indices are likely to make a negative start on Friday.
Earlier on Thursday, 21 August, the Domestic benchmark indices S&P BSE Sensex surged by 143 points or 0.17%, and settled at 82,000, while the Nifty50 traded 0.13% higher or 33 points, closing at 25,084.
Here are some stocks that are likely to remain in focus on 22 August.
Texmaco Rail: Texmaco Rail & Engineering won a Rs 103.16 crore order from Leap Grain Rail Logistics to supply BCBFG wagons and BVCM brake vans, to be executed within 10 months. Earlier in June, the company bagged a $62.24 million (Rs 535 crore) international order from CAMALCO SA, Cameroon, covering the manufacture and supply of 560 open-top wagons worth $32.76 million (Rs 282 crore), along with a 20-year maintenance contract worth $29.48 million (Rs 253 crore).
Paras Defence: Paras Defence and Space Technologies announced that it won an order worth Rs 45.32 crore from Bharat Electronics (BEL) to supply signal and data processing systems along with multi-sensor fusion systems. The company will complete the domestic contract within 29 months.
Wipro: Wipro signed an agreement to acquire the Digital Transformation Solutions (DTS) business unit of Harman, a Samsung company. The acquisition will strengthen Wiproβs push to deliver next-generation Engineering Research & Development (ER&D) services.
GHV Infra Projects: GHV Infra Projects secured a Letter of Intent (LOI) from Valor Estate to serve as the engineering, procurement, and construction partner for the PAP & Police Housing Project in Malad (East), Mumbai. The project carries an initial scope of Rs 2,000 crore and targets completion within 60 months of commencement.
Hikal: Hikal received a warning letter from the US FDA regarding its Jigani facility in Bengaluru. The FDA issued the notice after inspecting the site between February 3 and 7.
NTPC Green Energy: NTPC Renewable Energy, a subsidiary of NTPC Green Energy, declared commercial operation of the third part capacity of 49.125 MW from the 300 MW Khavda Solar Energy Project in Gujarat, under the 450 MW Hybrid Tranche V Project. The company had already commissioned the first capacity of 142.2 MW and the second capacity of 32.8 MW in June.
R Systems International: The company has announced signing a definitive agreement to acquire Novigo Solutions, a specialist in low-code/no-code (LCNC) development and intelligent automation services. The company agreed to pay Rs 400 crore in upfront cash, along with an additional stock consideration linked to future EBITDA performance. The Board also approved issuing non-convertible debentures (NCDs) worth up to Rs 275 crore through private placement.
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