IndiGo, Adani Enterprises, Britannia, LIC, Vodafone Idea


Stocks To Watch

  • Balrampur Chini/Triveni Engineering/other sugar stocks: Government increased the remunerative price for sugarcane to Rs 305/quintal from Rs 290/quintal.

  • Vodafone Idea: The company appointed Ravinder Takkar as the Non-Executive Chairman of the board with effect from Aug 19. Himanshu Kapania will step down on Aug 18. Takkar’s term as CEO and MD will also end on Aug 18.

  • Bharti Airtel: The company signed 5G network agreements with Ericsson, Nokia and Samsung. Deployment of 5G to commence in August 2022.

  • AU small Finance Bank: The bank has offered 2.81 crore shares via Qualified Institutional Placement, according to Bloomberg citing Termsheet. The shares are offered in the price range of Rs 570-590 apiece, representing a discount of 3.2% to 6.5% to Wednesday’s close. The floor price has been set at Rs 590.84 apiece. There is an upsize option of 70 lakh shares, Bloomberg added.

  • Wipro: The company extended its strategic alignment with Nokia for digitization and automation of Nokia’s operations.

  • LIC: Enters into latest Fortune Global 500 list. The nation’s biggest life insurance has been ranked 98th on the list.

Earnings: Adani Enterprises, GAIL, Dabur, Britannia Industries, Blue Star, Bharat Heavy Elevtrical, Berger Paints, Container Corporation of India, Hindustan Petroleum Corporation, Dalmia Bharat, Gujarat Alkalies & Chemicals, Gujarat State Petronet, Glenmark Lifesciences, FDC, CERA Sanitaryware, BEML, Bayer Cropscience, Spandana Sphoorty Financial, Balrampur Chini, Balkrishna Industries, Alembic Pharma, REC, Praj Industries, Poly Medicure, Mannapuram Finance, LIC Housing Finance, Kalyan Jewelers, JB Chemicals, Infibeam Avenue, ICRA, Johnson Controls Hitachi, Kalpataru Power Transmission, Welspun, Thomas Cook


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