Infosys, Hero MotoCorp, Adani Enterprises and other top stocks to watch out for on August 17

Aug 17, 2021

By: Rounak Jain

Credit: BCCL

Infosys

To increase its investment in TidalScale Inc., a server technology startup based in California, to $3.45 million.

Credit: Infosys

Hero MotoCorp

Announced the sale of over 1 lakh units on a single day on August 9, its 10th anniversary.

Credit: Hero MotoCorp

Adani Enterprises

Its subsidiary, Adani Road Transport, will acquire a 49 percent stake in Maharashtra Border Check Post Network for ₹1,680 crore.

Credit: Adani Enterprises

IPO Watch

Devyani International shares ended 36 percent higher on the first day while three other IPO debuts made a tepid listing.

Credit: Flickr

Reliance Industries

Delhi High Court to hear Amazon’s petition to halt its deal with Future Retail.

Credit: BCCL

Lupin

Received tentative approval from the US FDA for Brivaracetam tablets used in the treatment of partial onset of seizures.

Credit: Lupin

Aarti Industries

Its board will meet on August 19 to consider the demerger of its pharma and allied activities into a separate entity.

Credit: Aarti Industries

Suven Life Sciences

Announced phase three clinical trial of Masupirdine, used in the treatment of agitation and aggression in dementia.

Credit: Suven Life Sciences

Mahindra, Steel Authority of India

Received approval from the Indian government for using drones.

Credit: Unsplash

Pradeep Metals

CRISIL reaffirmed long-term rating at BBB- and upgraded outlook to positive.

Credit: Unsplash

Vodafone Idea, Devyani, Krsnaa Diagnostics and other stocks to watch out for on August 16