CarTrade Tech, Reliance Industries, HDFC Bank and other stocks to watch out for on August 20

Aug 20, 2021

By: Rounak Jain

Credit: BCCL

CarTrade Tech

Shares of the online auto classifieds platform will list on the bourses today. Its IPO was subscribed 20.29 times as it raised ₹2,999 crore from the issue.

Credit: CarTrade Tech

Reliance Industries

Shut its manufacturing units in Nagothane in Maharashtra till August 25. Nagothane is one of Reliance’s petrochemical manufacturing units.

Credit: Reliance Industries

Reliance Industries

Reportedly in talks with Saudi Aramco for an all-stock deal for Reliance’s oil-to-chemical business. The deal is likely valued at $20-25 billion.

Credit: BCCL

HDFC Bank

Raised $1 billion via Tier-1 bonds in the overseas markets.

Credit: BCCL

Zomato

Acquired a 9.16 percent stake in Grofers India for ₹518 crore, and a 8.94 percent stake in Hands on Trades for ₹222 crore.

Credit: Zomato

IPO Watch

Emcure Pharmaceuticals has filed DRHP with the SEBI for a ₹1,100 crore issue. RateGain Travel Tech has filed its papers to raise ₹400 crore.

Credit: Flickr

Ujjivan Small Finance Bank

Its MD and CEO Nitin Chugh has resigned from the company, effective from September 30.

Credit: Ujjivan Small Finance Bank

Tata Elxsi

Collaborated with DStv, an Africa-based media company, to establish an integrated cross-platform for linear and digital sales workflows.

Credit: Tata Elxsi

Vodafone Idea

Has paid its licence fee payable for the June quarter.

Credit: Vodafone Idea

HDFC Bank, HCL Tech and other top stocks to watch out for on August 18