Stocks to Watch for August 31: Ola Electric, Mahindra & Mahindra, NBCC and more

From AXISCADES Applied sciences approving the acquisition of a 90% stake in Bengaluru-based Cloud Wave Applied sciences for round ₹234 crore to Clear Max Env…

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Mahindra & Mahindra | Mahindra introduced the enlargement of its Battery-as-a-Service (BaaS) programme throughout its whole Electrical Origin SUV portfolio, making it out there on the BE 6 SPORTEQ, XEV 9S and XEV 9e.

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Ola Electrical Mobility | The agency has acquired a sanction order from the Ministry of Heavy Industries for an incentive of ₹95.81 crore below the Manufacturing Linked Incentive (PLI) scheme for vehicles and auto elements, in line with an trade submitting on Friday.

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Cupid Restricted | The buyer wellness and private care firm introduced that its Board of Administrators has accorded in-principle approval for the institution of a producing enterprise in South Africa with a South African accomplice.

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Aurobindo Pharma | The agency mentioned that the US Meals and Drug Administration (US FDA) inspection of Unit-VI of its wholly owned subsidiary Apitoria Pharma Personal Restricted concluded with three observations.

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LIC Housing Finance | The agency has appointed Sandeep Kumar as its Managing Director and Chief Government Officer, efficient August 29, 2026, the corporate mentioned in an trade submitting on Friday.

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AXISCADES Applied sciences | The agency has accredited the acquisition of a 90% stake in Bengaluru-based Cloud Wave Applied sciences for about ₹234 crore, marking a big step within the firm’s push from engineering companies into aerospace manufacturing.

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NBCC (India) | The agency has signed a memorandum of understanding (MoU) with NHPC for the execution of NHPC’s infrastructure tasks throughout India, together with residential blocks, residential and business infrastructure, workplace complexes and allied services. NBCC will undertake the tasks at a undertaking administration consultancy (PMC) price of 5.5%, whereas the detailed undertaking worth shall be decided at a later stage. T

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Data Realty Belief | Entities linked to Blackstone have launched a proposal on the market (OFS) of items in Data Realty Belief, India’s largest actual property funding belief (REIT), with the transaction probably reaching ₹11,988 crore if the greenshoe possibility is totally exercised.

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Clear Max Enviro Vitality Options | The agency has signed a time period sheet with Envision Vitality for the procurement of wind generators with a complete capability of 1,550 MW.

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Piramal Finance | The agency has closed its certified institutional placement (QIP) and accredited the allocation of 99,52,606 fairness shares to eligible certified institutional consumers (QIBs) at a problem worth of ₹2,110 per share, together with a premium of ₹2,108 per share.

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Lenskart | The agency witnessed a block deal through which Alpha Wave Ventures bought 2.95 crore shares, or 1.7% fairness, within the firm for ₹1,857 crore. The shares had been purchased by Nationwide Pension System, which acquired 78.57 lakh shares (0.45% fairness) for ₹495 crore, ICICI Prudential Mutual Fund, which purchased 60.3 lakh shares (0.35% fairness) for ₹380 crore, and WhiteOak Capital Mutual Fund, which acquired 15.87 lakh shares (0.1% fairness) for ₹100 crore. The deal was executed at a mean worth of ₹630 per share.

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