6 days ago
Indian Stocks In Focus After Corporate Announcements, August 28
Several Indian companies may attract investor attention on August 28 because of new announcements.
Hero MotoCorp plans to buy more of Ather Energy.
Tejas Networks received a large order connected to the BSNL 4G project.
ACME Solar started a new battery-storage project in Rajasthan.
NBCC and RailTel reported new contracts.
RPP Infra said it lost a sports-city contract because the project is being redesigned.
Zee Entertainment received more time to issue warrants.
Investors were also watching the wider market because the Sensex and Nifty fell on August 27.
Hero MotoCorp plans to invest up to ₹1,758 crore to raise its stake in Ather Energy to as much as 32.8%.
Tejas Networks received a ₹1,537 crore Letter of Intent from Tata Consultancy Services for BSNL 4G network equipment and materials.
ACME Solar commissioned a 15 MW/240.752 MWh battery storage project in Jaisalmer, with operations scheduled to begin August 29.
NBCC won orders worth ₹134.27 crore, while RailTel received a ₹38.59 crore cloud data-center hosting contract.
RPP Infra lost its ₹205.89 crore Chennai sports-city contract after the Tamil Nadu government decided to redesign the project; RVNL reappointed Rakesh Bhalla as an independent director.
- Who
- Hero MotoCorp, Tejas Networks, Zee Entertainment, ACME Solar Holdings, NBCC, RailTel, RPP Infra Projects, and Rail Vikas Nigam were among the companies in focus.
- What
- The companies reported investments, orders, a commissioned energy-storage project, a regulatory extension, a lost contract, and a director reappointment.
- Where
- The developments involve India, including Jaisalmer in Rajasthan, Chennai, Jharkhand, Bihar, Odisha, and Kerala.
- When
- The developments were highlighted for Friday, August 28, after announcements made following the August 27 market session; Rakesh Bhalla’s reappointment took effect August 25, 2026.
- Why
- Investors were expected to track the companies because of these corporate announcements and project developments.
Key facts
- Nifty 50 close
- 24,090 on August 27, down 0.48%
- BSE Sensex close
- 76,933 on August 27, down 0.70%
- Hero MotoCorp-Ather investment
- Up to ₹1,758 crore; potential Ather stake of up to 32.8%
- Tejas Networks order
- ₹1,537 crore Letter of Intent from Tata Consultancy Services for 18,685 BSNL 4G sites
- ACME Solar storage project
- 15 MW/240.752 MWh battery energy-storage system in Jaisalmer; commercial operation scheduled for August 29
- NBCC orders
- Multiple contracts totaling ₹134.27 crore
- RailTel work order
- ₹38.59 crore from the Cotton Corporation of India for cloud data-center hosting
- RPP Infra contract
- ₹205.89 crore Global Sports City contract in Chennai was lost after a redesign decision
Sources
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