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Stocks To Watch

August 31, 2021

Larsen & Toubro: The company has completed the sale of its entire stake in L&T Uttaranchal Hydropower to ReNew Power Services.

Axis Bank: Moody’s has assigned B1(hyb) rating to the bank, GIFT City Branch’s proposed USD-denominated, undated, non-cumulative and subordinated Additional Tier 1 (AT1) capital securities being issued out of its Global Medium Term Note (GMTN) programme

TVS Motor Company: The company launched TVS ‘Built To Order’ platform, marking its foray into the factory customisation and personalisation platform.

HFCL: The company will consider the proposals for fundraising by issuing equity shares, bonds, debentures, or warrants through a preferential issue on a private placement basis on September 3.

VIP Industries: Pioneer Investment Fund bought 23,48,100 equity shares in the company at Rs 460 per share on the BSE. However, promoter entities DGP Enterprises sold 16.30 lakh equity shares at Rs 460 per share, and Kiddy Plast offloaded 26 lakh shares at Rs 460.02 per share, the bulk deals data showed.

Stove Kraft: WHV-EAM International Small Cap Equity Fund acquired 3,33,465 equity shares in the company at Rs 947.74 per share on the NSE, the bulk deals data showed.

Aayush Food and Herbs: Classic Mercantile LLP picked up a 5.77% stake in the company via an open market transaction on August 30.