Stocks to Watch: Key Corporate Developments & Market Moves (August 4)

Here’s a quick look at the latest updates that could impact stock prices today: Dilip Buildcon: Dilip Buildcon–RBL JV has emerged as L-1 bidder for the Gurugram Metro Rail project worth ₹1,503.63 crore. The project includes a viaduct and 14 elevated stations—a major infrastructure win. PNB Housing Finance: • Jatul Anand has been appointed as Executive Director (not board-level). • Valli Sekar becomes Chief Business Officer – Affordable Business. Both were internal promotions, effective August 2. Karnataka Bank: Chief Product Officer Ramaswamy Subramanian has resigned to pursue other opportunities. RailTel Corporation: Received a ₹166.38 crore order from BSNL, boosting its order book significantly. Thermax: Shareholders approved the re-appointment of Ashish Bhandari as MD & CEO for 5 years, starting September 1, 2025. Muthoot Capital Services: Completed a securitization deal, raising ₹136 crore via sale of two-wheeler loan receivables worth ₹143.97 crore. Entire pool is non-priority sector. Harsha Engineers International: Signed a long-term contract worth ₹117 crore per year with a top multinational for supplying journal bearings/bushings. Bulk Deal – Belrise Industries SR Foundation purchased 44.75 lakh shares at ₹141.58 each, totaling ₹63.4 crore. New Listings – August 4 • Mainboard: Propshare Titania SM REIT • SME Segment: Repono and Umiya Mobile Keep an eye on these stocks during today’s trade as these updates may lead to significant movement.