Stocks in news: Wipro, Lenskart, Tata Motors PV, Ather Energy and Kotak Bank
On Thursday, Indian markets faced downward pressure as they wrapped up trading lower amid mixed signals from global economies. Notably, Wipro's stock saw gains following its expanded partnership with Google Cloud aimed at enhancing AI implementation. Meanwhile, Lenskart's current investor is set to sell shares worth up to Rs 1,313 crore.
Stock markets experienced a downward trend on Thursday as investors faced mixed global signals and sold off heavyweight stocks across various sectors. Analysts observed that the Nifty index is gradually narrowing its consolidation range, suggesting a tightening in volatility. The eventual breakout from either end of the range could provide clear direction for the upcoming short-term market movement.
Today's focus will be on the stocks of Wipro, Lenskart, Tata Motors PV, Ather Energy, and Kotak Bank, as these companies have been linked with recent news developments. Lenskart has announced that Alpha Wave Ventures II, an existing investor, may sell up to Rs 1,313 crore worth of shares in Lenskart Solutions through screen-based trading. As of June 2026, Alpha Wave Ventures II held a 1.22% stake in Lenskart Solutions.
Wipro's shares rose on Thursday following the IT services company's expansion of its partnership with Google Cloud. This move aims to boost enterprise adoption of Gemini Enterprise and agentic AI, with Wipro deploying the AI tools internally and equipping over 10,000 AI-certified specialists, including 1,500 Forward Deployed Engineers, with advanced AI solutions to enhance productivity, operations, and decision-making.
Kotak Mahindra Bank announced the resignation of Siddarth Gandotra, who had been the Chief Financial Officer (CFO) until the close of business on August 31, 2026. The board approved the appointment of Hiren Vora to take over the CFO position from September 1, 2026.
Tata Motors unveiled a new brand identity called Tata.Cars, aimed at its passenger vehicle business segment. This change reflects the company's efforts to cater to the evolving demands of Indian consumers. Tata.Cars will serve as the primary customer-facing entity, while Tata Motors Passenger Vehicles (TMPV) will continue to operate as the legal entity.
India's Bharat Petroleum Corp, managed by BPCL, is set to receive its first shipment of Iraqi oil this fiscal year. The company is prepared to accept more oil from Gulf suppliers on a free-on-board basis, depending on the availability of ships.
Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
