Stocks to Watch Today: Waaree Energies, Ashoka Buildcon, Shilpa Medicare, Tilaknagar Industries in Focus

The Indian stock market extended its decline, falling nearly 0.5%. However, several stocks are grabbing attention today due to key developments:

1. Waaree Energies

• The recently listed solar PV maker reported its first post-IPO earnings, with a 15% jump in Q2 net profit to ₹362 crore.

2. Tilaknagar Industries

• Bank of America sold over 18 lakh shares of this small-cap stock for ₹62 crore through a block deal.
• Societe Generale was the buyer in this high-profile transaction.

3. Ashoka Buildcon

• The company has emerged as the lowest bidder for NHAI projects worth ₹2,791 crore, strengthening its order book.

4. Shilpa Medicare

• Shilpa Medicare’s subsidiary, Shilpa Pharma Lifesciences, received a Certificate of Suitability (CEP) for its API, Octreotide, from the European Directorate for Quality Medicines.

5. PG Electroplast

• Subsidiary PG Technoplast has signed an exclusive agreement with Spiro Mobility to manufacture electric vehicles (EVs) for the Indian market.

6. ITI Limited

• ITI secured a ₹95 crore contract to implement a mining digital transformation and surveillance system in Uttarakhand.

7. Indus Towers

• UK-based Vodafone Group executives on the board of Indus Towers have resigned as non-executive directors after Bharti Airtel raised its stake to over 50%.

Keep these stocks on your radar as they may see movement based on these key updates!