Adani Ports, Bharti Airtel, Wipro and other hot stocks to watch out for on August 25

Aug 25, 2021

By: Rounak Jain

Credit: BCCL

Adani Ports & SEZ

Its proposal to acquire a 10.4 percent stake in Gangavaram Port for ₹645 crore has been approved by the Andhra Pradesh government.

Credit: Adani Ports & SEZ

Bharti Airtel

The Supreme Court allowed it to move the tribunal on AGR dues related to the spectrum it acquired from Videocon Telecom.

Credit: BCCL

Bharti Airtel

The apex court also directed the telecom department not to encash Airtel’s bank guarantees for three weeks.

Credit: Bharti Airtel

Wipro

Awarded a multi-year contract with E.ON for digitising its corporate business functions.

Credit: Wipro

Earnings today

Procter & Gamble Hygiene and Health Care.

Credit: Pixabay

HDFC Bank

Offloaded a 2 percent stake in CDSL between June and August this year for ₹223 crore.

Credit: BCCL

Tata Steel

Brickwork Ratings has upgraded the company’s unsecured non-convertible debentures worth ₹4,000 crore to AA+ Stable from AA Stable.

Credit: Tata Steel

Canara Bank

Billionaire investor Rakesh Jhunjhunwala has acquired a 1.59 percent stake in the bank.

Credit: BCCL

IndusInd Bank

India Ratings has awarded the bank’s Tier II Bonds a rating of AA+ Stable.

Credit: BCCL

Gillette India

Its board has recommended a dividend of ₹36 per share.

Credit: Gillette India

Maruti Suzuki, Aptus, Eicher Motors and other buzzing stocks to watch out for on August 24