The domestic stock market is expected to open lower on Friday, August 28. The GIFT NIFTY futures suggest that the NIFTY50 index will open 32 points lower.
Here is a list of stocks that may remain in focus today.
Lenskart: Shares of Lenskart will be in focus as investor Alpha Wave Ventures II is likely to sell up to 2.08 crore shares through a block deal worth as much as ₹1,313 crore, according to news reports.
The floor price for the offer has been set at ₹630 per share, a 1.7% discount to Lenskart’s previous closing price. The stake sale represents around 1.2% of the company’s existing equity. Alpha Wave Ventures II held a 1.2% stake in Lenskart as of the quarter ended June.
Hero MotoCorp, Ather Energy: Hero MotoCorp has approved the purchase of additional shares in electric two-wheeler maker Ather Energy for up to ₹1,758 crore. The investment will increase Hero MotoCorp’s stake in Ather to around 32.8% from 29.88% currently, on a fully diluted basis.
The acquisition, which will be funded in cash, is expected to be completed by September 3, 2026.
This move further strengthens Hero MotoCorp’s exposure to the fast-growing electric two-wheeler segment, with Ather reporting a turnover of ₹3,671.76 crore in FY26, up from ₹2,255 crore in FY25.
Wipro: The IT services firm on Thursday announced the expansion of its partnership with Google Cloud to accelerate the enterprise-wide adoption of Gemini Enterprise and agentic AI.
Additionally, Wipro is scaling the internal deployment of Gemini Enterprise and will empower over 10,000 AI-certified specialists, including 1,500 Forward Deployed Engineers (FDEs), with advanced AI capabilities to enhance productivity, streamline operations, and accelerate decision-making.
Apollo Tyres: Shares of Apollo Tyres are expected to be in the spotlight on Friday, August 28, following a block deal on Thursday.
NSE block deal data showed that private equity major Warburg Pincus divested a 4.25% stake in Apollo Tyres for ₹1,175 crore through open market transactions on Thursday.
US-based Warburg Pincus, through its arm Emerald Sage Investment Ltd, sold a total of 2,70,10,000 shares, representing a 4.25% stake in Gurugram-based Apollo Tyres, according to block deal data on the National Stock Exchange (NSE).
The shares were disposed of at an average price of ₹435 apiece, bringing the transaction value to ₹1,174.93 crore.
After the latest transaction, Emerald Sage Investment’s holding in Apollo Tyres has come down to 5.68% from 9.93%.
Hindustan Copper: Shares of the state-owned mining and manufacturing firm, Hindustan Copper, are expected to be in the spotlight on Friday, August 28, as the company said its shareholders, at the upcoming annual general meeting (AGM), will consider a special resolution for raising funds via a qualified institutional placement (QIP) and through the issuance of non-convertible debentures (NCDs).
According to a regulatory filing dated August 26, the company said that at its upcoming 59th AGM, slated for September 23, 2026, through the issuance of equity shares via the QIP method.
Texmaco Rail: Shares of Texmaco Rail & Engineering are likely to be in focus after the company signed a memorandum of understanding (MoU) with Germany-based Bochumer Verein Verkehrstechnik GmbH (BVV) to explore a potential joint venture in India.
The proposed partnership will focus on manufacturing railway wheels, wheelsets, axles and related rail components for Indian Railways and global markets.
Tejas Networks: Tejas Networks shares will be in the spotlight after the company, on Thursday, August 27, said it has received an order from the Indian IT services giant Tata Consultancy Services (TCS).
The domestic telecom gear maker has received a Letter of Intent (LoI) from TCS for the supply of RAN equipment, accessories and installation materials. The order covers 18,685 sites for BSNL’s 4G mobile network and is valued at ₹1,537 crore.
“The detailed Purchase Order for the same would be issued by TCS to the company in due course,” Tejas Networks said in a regulatory filing.
By the end of Q1 FY27, the company’s order book stood at ₹1,529 crore. Tejas Networks’ closing order book in Q1 comprised 93% from India and 7% from international markets.
GK Energy: The company has bagged an order for a solar project for 1 lakh households.
Worth ₹454.50 crore, the company received a Letter of Empanelment (LOE) from a leading state government-owned power distribution utility for grid-connected rooftop solar photovoltaic projects. Under the empanelment, GK Energy has been allocated 1 kW rooftop solar capacity to be installed across 1 lakh households, with a combined capacity of 100 MW.
As part of the project scope, GK Energy will undertake design, engineering, supply, installation, testing and commissioning of the rooftop solar systems, along with O&M for a period of five years. The projects are expected to be completed within 60 days from the issuance of the respective work orders.
ICICI Prudential AMC: Hong Kong-based Prudential plc on Thursday completed the sale of a 2% stake in ICICI Prudential Asset Management Company (AMC) for ₹3,030 crore through an open market transaction.
Prudential, through its subsidiary Prudential Corporation Holdings Ltd, sold 98,85,169 shares, representing a 1.99% stake in Mumbai-based ICICI Prudential AMC, according to bulk deal data on the BSE.
The shares were disposed of at an average price of ₹3,065.47 apiece, taking the transaction value to ₹3,030.27 crore.
After the latest transaction, Prudential Corporation Holdings will retain a 32.6% stake in ICICI Prudential Asset Management Company Ltd.
The combined holding of promoters and promoter group entities in ICICI Prudential AMC declined to 85.61% from 87.60%.
Details of the buyers of ICICI AMC’s shares could not be identified on the BSE.
Foseco India: UK-based Morgan Advanced Materials on Thursday exited Foseco India by selling its entire 15.26% stake in the company for ₹678 crore through open market transactions.
Morgan Advanced Materials, through its two affiliates, Morganite Crucible Ltd and Morgan Terrassen BV, sold a total of 11,50,800 shares, amounting to a combined 15.26% stake in Pune-based Foseco India, as per block deal data on the NSE.
The shares were disposed of at an average price of ₹5,897 per share, bringing the deal value to ₹678.62 crore.
Meanwhile, a bunch of domestic and foreign institutional investors stepped in to buy the shares of Foseco India at the same price.
Mutual Funds managed by LIC, Motilal Oswal, Invesco, SBI, Mahindra Manulife and Mirae Asset have bought the shares.
Dixon Technologies, others: Shares of Dixon Technologies, Amber Enterprises India, and Syrma SGS Technology are likely to be in focus. According to news reports, the Goods and Services Tax (GST) Council may consider cutting the 18% GST rate on mobile phones.
The move is aimed at reviving slowing handset demand and preventing the tax from becoming a drag on India’s electronics manufacturing ambitions.
The proposal is expected to be discussed at the Council’s meeting, which is likely to be held next month.