Stocks to watch, August 25: Sugar stocks, TCS, Hindustan Copper, Ceigall India, Meesho, Lenskart, Brigade Hotel

The domestic equity market is expected to open lower on Tuesday, August 25. The GIFT NIFTY futures suggest that the NIFTY50 index will open 56 points lower.

Here is a list of stocks that may remain in focus today.

Tata Consultancy Services (TCS): Shares will be in focus as the IT services major on Monday said it will acquire a 100% stake in MHP Management- und IT-Beratung GmbH (MHP), a subsidiary of Porsche AG, for an enterprise value of 320 million euros (approximately ₹3,574 crore).

The acquisition is part of a broader five-year strategic partnership valued at 1.25 billion euros between TCS and the German sports car maker.

In a regulatory filing, TCS stated that the acquisition would be executed through its wholly owned subsidiary, Tata Consultancy Services Netherlands BV.

Ceigall India: One of India’s leading infrastructure development companies has received Letters of Acceptance (LOA) from the Ministry of Road Transport & Highways (MoRTH) for the construction of a key section of the Lada-Sarli section of NH913 (Frontier Highway) in Arunachal Pradesh, at a contract value of ₹704.70 crore, excluding GST.

The project will be executed jointly with Sushee Infra & Mining Limited (SIML), with Ceigall India holding a 74% share and SIML holding a 26% share in the joint venture.

Sugar stocks: The sugar industry’s apex body, ISMA, on Monday asserted that there is no shortage of sugar in the country and said retail prices are expected to decline in the coming days following the government’s decision to allow imports, while imposing stock-holding limits on traders and bulk consumers.

On Monday, the average all-India retail prices of sugar stood at ₹63.05 per kg, 29% higher than ₹48.73 per kg a month back. The maximum retail price on Monday stood at ₹75 per kg, while the model price hovered at ₹65 per kg, according to government data.

Addressing a press conference, Indian Sugar and Bio-Energy Manufacturers Association (ISMA) President Niraj Shirgaokar said the prices have risen due to various factors, including speculative buying by traders and bulk consumers as well as lower production than estimated.

Hindustan Copper: The government will sell up to a 6% stake in Hindustan Copper Ltd (HCL) through an offer for sale (OFS) at a floor price of ₹514 a share.

The floor price is at a 10.38% discount to Monday’s closing share price of Hindustan Copper on the BSE.

In a post on X, Department of Investment and Public Asset Management (DIPAM) secretary Arunish Chawla said the Government of India offers to divest 3% equity in Hindustan Copper Limited (HCL) through an Offer for Sale (OFS), with an option to divest an additional 3% (green shoe) in case of oversubscription.

The OFS will open at a floor price of ₹514 per share.

According to Chawla, 10% of the offer is reserved for retail investors, with an additional 25,000 shares set aside for eligible employees.

Brigade Hotel Ventures: Brigade Hotel Ventures Limited (BHVL) has announced the appointment of Vinay Gupta as Chief Executive Officer. In his new role as CEO, Vinay will be responsible for leading a dynamic team of seasoned professionals to take BHVL to greater heights.

“Vinay’s appointment comes at a significant stage in BHVL’s journey and reflects our commitment to building a strong leadership team for the future. His proven track record in driving business growth, scaling operations, and creating long-term value will be instrumental as we focus on our next phase of expansion. With his strategic vision and deep industry expertise, I am confident Vinay will make a meaningful contribution to BHVL’s continued success and growth,” said Nirupa Shankar, Managing Director, Brigade Hotel Ventures Limited.

Shankar added, “We have known Vinay for the past 20 years, as he was the first GM of our first hotel. “His coming back as CEO is a full circle moment for us.”

Allied Blenders and Distillers Ltd (ABDL): The company on Monday said it will produce its flagship brand, Officer’s Choice Blue, locally in Malaysia through a co-bottling arrangement with a local partner, marking the company’s first overseas local production initiative.

The move is part of ABDL’s broader strategy to expand its international footprint through an asset-light growth model, the company said in a statement.

ABDL, India’s largest spirits exporter by volume, currently exports to 39 international markets and has more than doubled its global reach over the last two years, it added.

“Malaysia adds to ABD’s expanding international footprint, which already spans key markets across the GCC, Africa, North America, Europe, Southeast Asia and other regions. The spirits segment in Malaysia is expected to grow in the mid-teens in the coming years,” it said.

Lenskart: Technology investor SoftBank ​Group has once again trimmed its holding in Lenskart Solutions, selling nearly a 2.6% stake in the eyewear retailer for Rs 2,888 crore through open market transactions on Monday.

In June, SoftBank sold a 3.25% stake in Lenskart for ₹2,873 crore.

In the latest transaction, Japan-based SoftBank ​Group, through its affiliate SVF II Lightbulb (Cayman) Ltd, offloaded a total of 4.5 crore equity shares in 22 tranches, amounting to a 2.58% stake in Gurugram-based Lenskart, as per the block deal data on the BSE.

The shares were sold at an average price of ₹641.75 apiece, taking the combined deal size to ₹2,887.87 crore.

The latest transaction brought SoftBank’s holding in Lenskart down to 7.28% from 9.86%, although it remains the second-largest public shareholder in the eyewear firm.

Bajaj Auto: Bajaj Auto, which on Monday rolled out the new Pulsar 125 and Pulsar 150, plans to launch three new products by mid-October and two new brands in the coming months as the auto maker seeks to cater to repeat customers as well as add new buyers, a top company executive said.

The company also sounded optimistic about the sales in the second half and the festive season.

The new Pulsar 150 and Pulsar 125 comes at an introductory price of ₹1.15 lakh and ₹92,900 (ex-showroom Delhi) and are equipped with a host of new features and technologies while retaining the essence of the iconic motorcycle, the company said.

“We will be launching three new products in the next 45-days and also roll out two new brands,” Bajaj Auto Managing Director Rakesh Sharma said at the sidelines of the launch.

He said that since last October, the company has launched 12 models.

Meesho: Silicon Valley-based Y Combinator has sold a 1.05% stake in e-commerce marketplace Meesho for nearly ₹970 crore through open market transactions on Monday, days after selling shares in fintech firm Groww.

Y Combinator, through its three affiliates, Y Combinator Continuity Holdings I LLC, YCS16 Holdings LLC, and YCVC Fund I LP, sold a total of 4,84,79,341 shares, or a 1.05% stake in Bengaluru-based Meesho, as per the block deal data on the NSE.

The shares were disposed of at an average price of ₹200.01 apiece, taking the aggregate deal value to ₹969.63 crore.

The sale marks the second stake reduction by Y Combinator in a new-age company in less than a week. On August 18, it had divested a 1.2% stake in fintech platform Billionbrains Garage Ventures, the parent company of Groww, for ₹1,435 crore.

Besides, the e-commerce firm has logged a more than threefold jump in its tax disputes to ₹2,071.8 crore in the financial year 2025-26, the company said in its annual report.

The Income Tax authorities had raised a demand notice of over ₹572 crore to the company in the fiscal year 2024-25, which the company has challenged in court and received a stay order.

“During the year ended March 31, 2026, the Income Tax authorities made certain additions to the taxable income declared for AY 2023-24. Consequently, a demand of Rs 14,997.38 million was raised, along with a show-cause notice for initiation of penalty proceedings under Sections 274 and 270A of the Income-tax Act, 1961,” the report said.

Vedanta: Vedanta Ltd on Monday said the company has deployed portable rigs at two of its exploration projects in Chhattisgarh.

In a statement, the company said it has “commissioned India’s first portable rig for gold and critical mineral exploration.”

The rigs have been deployed at two of Vedanta’s flagship exploration projects in Chhattisgarh dedicated to gold and exploration of critical minerals such as nickel, chromium, and platinum group elements, it said.

The rigs – a critical heavy duty mechanical system – can carry out high-speed drilling up to 1,000 metres compared to the typical 300-400 metre range, without losing precious time in inter-location movement.

Critical mineral exploration demands exceptional technical expertise and deep-shaft mining capabilities, Vedanta said.

Mahindra & Mahindra (M&M): The company’s subsidiary, Mahindra Truck and Bus, on Monday launched its new-generation heavy commercial vehicle BLAZO i-TRK, equipped with an AI-enabled automatic drive mode and a 320 HP engine, with the company claiming it delivers up to 10 per cent better fuel efficiency.

Unveiling the heavy vehicle range at an event here, the company boasted that the new truck could potentially generate up to ₹15 lakh in additional profit per vehicle over five years through fuel savings and improved operational efficiency.

The entire BLAZO i-TRK range is powered by Mahindra’s 7.2-litre mPOWER engine, delivering 320 HP and 1,100 Nm torque.

The truck features the company’s patented artificial intelligence-enabled iFuelSmart automatic drive mode, which continuously analyses road gradients, payload and driving requirements and automatically selects an optimum driving mode to improve fuel efficiency.

UCO Bank: Shares of UCO Bank are expected to be on investors’ radar on Tuesday, August 25, as its board of directors, at its meeting, approved raising foreign currency funds to the extent of $1 billion.

According to a regulatory filing dated August 24, the bank’s board of directors considered and approved raising foreign currency funds in one or more tranches through the issuance of debt instruments through the Medium Term Note (MTN) programme.

Coal India: Shares will be in focus as the state-owned firm on Monday, August 24, said it has incorporated a Singapore-based wholly owned subsidiary named CIL Global Pte. Ltd.

This is aimed at exploring and developing overseas opportunities in the field of critical mineral asset acquisition, enabling efficient management of overseas investments, and providing structural flexibility for future acquisitions.

Coal India, in a regulatory filing, said that it will subscribe to 5 lakh shares at a price of SGD 1 per share, with the investment giving the company 100% shareholding in the entity.

Afcons Infrastructure: Shares of EPC firm Afcons Infrastructure are expected to be in the spotlight on Tuesday, August 25, as it received an arbitral award of ₹335.50 crore in arbitral proceedings against Uttar Pradesh Expressways Industrial Development Authority (UPEIDA).

According to a regulatory filing, the company received the arbitral award in its favour on August 24, 2026.

In the proceedings between Afcons and UPEIDA,  awarding it a principal amount of ₹152.25 crore.

Piramal Finance: Shares of Piramal Finance will be in focus after the company opened its Qualified Institutional Placement (QIP) on August 24 to raise capital from institutional investors. The company has set the floor price at ₹2,102.65 per share, with the issue price to be determined in consultation with the book-running lead managers. The company can also offer a discount of up to 5% on the floor price, subject to applicable regulations.

Aegis Vopak, Aegis Logistics: Aegis Terminal (Pipavav) Limited (“ATPL”), subsidiary of Aegis Vopak and Aegis Logistics Limited (“ALL”), one of the Promoters of the Company have executed the Business Transfer Agreement (“BTA”), to acquire specialised storage terminal for Ammonia with static capacity of 36,000 MT at Pipavav Port from ALL via slump sale basis on going concern basis on such terms and conditions as contained in the BTA resulting in new capacity addition at Pipavav in ATPL.

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