📌 Stocks to Watch – 28 August

Let’s quickly look at the companies making headlines today. Sri Lotus Developers: 🔹 Q1 profit down 36% (₹25.8 cr vs ₹40.2 cr), revenue down 49%. InterGlobe Aviation (IndiGo): 🔹 Gangwal family to sell 3.1% stake via block deal worth ~₹7,027 cr. SMS Pharma: 🔹 Gets clean USFDA inspection report (no issues). Dr Reddy’s Labs: 🔹 Court stay on income tax reassessment linked to merger. BSE: 🔹 Subsidiaries approved merger with BSE Technologies. United Breweries: 🔹 To invest ₹90 cr in new canning line at Telangana brewery (for Kingfisher & Heineken). SBI Cards: 🔹 Partners with Flipkart for a new co-branded credit card (valid on Flipkart, Myntra, Shopsy, Cleartrip). E2E Networks: 🔹 Bags ₹88 cr order from IndiaAI for high-end GPUs to build India’s foundational AI model. Newgen Software: 🔹 Wins ₹73 cr order for digitization project. Oil India & BPCL: 🔹 JV to set up CNG & PNG network in Arunachal Pradesh. Power Grid: 🔹 Wins Karnataka project for renewable power transmission (BOOT model). Lemon Tree Hotels: 🔹 Signs agreement to manage new resort in Pench, Maharashtra. HFCL: 🔹 Subsidiary bags ₹101.8 cr Army contract for tactical fibre cables. Himadri Speciality: 🔹 Gets ISCC PLUS certification for sustainable supply chains. RVNL & Texmaco Rail: 🔹 Form JV for railway infrastructure projects (51:49 shareholding). Dr Agarwal’s Eye Hospital & Health Care: 🔹 Boards approve merger for unified operations. In Short: • Strong news flow in defence, infra, AI, and consumption. • Watch IndiGo, E2E, HFCL, Power Grid, SBI Cards, United Breweries for action.