India’s stock market remains steady today, with several major companies making headlines on 19 August 2025. Tata Steel Advanced Materials is in focus after selling its stake in Ceramat, while Vedanta is in the spotlight ahead of its board meeting on dividend plans. ONGC, Reliance Power, and JSW Steel are also making news with new projects and deals. These stocks are likely to be in focus today. Let us take a closer look.
Stocks to Watch
Tata Steel Advanced Materials (TSAML)
TSAML, a Tata Steel subsidiary, has sold its entire 90% equity and its 100% preference stake in Ceramet Private Limited to Lionstead Applied Materials. With this divestment, Ceramet will cease to be a subsidiary, enabling TSAML to sharpen its focus on its core portfolio.
Vedanta
Vedanta’s board will meet on 21 August to consider a second interim dividend for FY26. The record date has been set for 27 August. The stock remains in focus as Vedanta is known for generous payouts.
ONGC
ONGC Energy Centre Trust and Engineers India Ltd have agreed to work together on energy research projects, marking a push towards technology-driven growth.
Reliance Power
Reliance Enterprises Pvt. Ltd., an affiliate of Reliance Power, has launched a new 50-50 joint venture in Bhutan with Green Tesla Pvt. Ltd. The company, GDL Reliance Solar Pvt. Ltd., will focus on solar and clean energy projects under Gelephu Mindfulness City.
JSW Steel
JSW Steel has entered into a non-binding pact with South Korea’s POSCO to explore the development of a six-million-tonne integrated steel plant in India. A potential 50-50 joint venture is being considered, extending their 2024 Memorandum of Understanding.
