Infosys, Airtel, Kaveri Seed and other top stocks to watch out for on August 26

Aug 26, 2021

Credit: BCCL

Infosys

To establish a new development centre in Canada, likely to create 500 jobs in the Toronto region over the next three years.

Credit: Infosys

Bharti Airtel

Its board will meet on August 29 to consider capital raising options, both via equity and debt.

Credit: BCCL

Kaveri Seed Company

Approved buyback of equity shares at ₹850 per share, a premium of 48 percent over the closing price of ₹575 on August 25.

Credit: Kaveri Seed Company

IPO Watch

Vijaya Diagnostic to announce its IPO today. Logistics company Delhivery reportedly planning a $1 billion IPO in October.

Credit: Flickr

P&G Hygiene & Health Care

Its March quarter net profit fell to ₹49 crore from ₹69 crore, while revenue rose to ₹787 crore from ₹635 crore, year-on-year.

Credit: P&G Hygiene & Health Care

Chemplast Sanmar

SBI Fund Management increased its stake in the company to 8.25 percent from 4.89 percent. Mirae Asset Management increased its stake to 6.84 percent.

Credit: Chemplast Sanmar

Affle India

It will consider a proposal to split its equity shares.

Credit: Affle India

Bank of India

Approved the opening of a ₹3,000 crore qualified institutional placement, at a floor price of ₹66.19 per equity share.

Credit: BCCL

Power Grid Corporation

Has commissioned a 765 kiloVolt double circuit Vindhyachal-Varanasi power transmission line.

Credit: BCCL