Stocks to watch, Aug 17: Reliance, Kalpataru Projects, BEML, Hazoor Multi, ONGC, Dixon, Kitex, IFGL Refractories, Dr Reddy’s, PB Fintech, will be in focus on Monday
As key players like Reliance and Kalpataru Projects make strategic moves and secure significant contracts, investors will also be keenly observing developments from ONGC’s resumed operations in Venezuela to Dr Reddy’s FDA inspection outcomes, shaping market sentiments for the week ahead.
This report highlights several key developments across various sectors of the Indian economy, with a particular focus on stocks to watch on Monday, August 17. The strategic intent to develop India's indigenous combat engine for the AMCA programme by Reliance Industries Ltd and Rolls-Royce is a significant development in the defense and aerospace sector.
Meanwhile, ONGC's recent acquisition of a license from the US Treasury's OFAC to resume full operations in Venezuela is a crucial step towards expanding its operations and potentially increasing its production capacity. Additionally, PB Fintech has clarified that an insurance regulator's show cause notice to its subsidiary Policybazaar Insurance Brokers will not have any material financial impact, indicating a stable financial position.
Brief written by urgent.news from Hindu BusinessLine's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
