Infosys, Wipro, Adani Green and other top stocks to watch out for on August 27

Aug 27, 2021

By: Rounak Jain

Infosys

Its subsidiary has been awarded a contract by a Canadian insurance company, Manitoba Public Insurance, to digitise driver licensing and vehicle registration services.

Credit: Infosys

Wipro

Partnered with DataRoot to help its clients adopt and integrate AI into their businesses.

Credit: Wipro

Adani Green Energy

Has approved issuance of $750 million bond sale overseas. Proceeds to be used towards lending to subsidiaries, capital expenditure requirements, etc.

Credit: Adani-Green-Energy

IPO Watch

Vijaya Diagnostic to raise ₹1,895 crore, issue opens September 1. Ami Organics IPO to also open on September 1.

Credit: Flickr

BHEL

Signed an agreement with JSC Rosoboronexport to produce spare parts and components for Russian-made equipment installed aboard the Indian Navy aircraft carrier Vikramaditya.

Credit: BCCL

SpiceJet

DGCA’s lifting of the ban on the Boeing 737 Max aircraft to offer relief to SpiceJet – it has 13 Boeing 737 Max aircraft in its fleet.

Credit: BCCL

InterGlobe Aviation

To start eight new domestic flights from September that connect Dehradun, Indore and Lucknow.

Credit: BCCL

NLC India

Has raised ₹500 crore via an issue of 10,000 commercial papers.

Credit: NLC-India

ADF Foods

Its US subsidiary will invest $5 million in setting up a new distribution company, allowing it to strengthen its distribution network with the retailers in the US.

Credit: ADF-Foods

Bored Ape NFT sells for $2.7 million, making it the most expensive in Yacht Club collection