The stock market saw fresh moves from big companies today. UltraTech Cement, Piramal Pharma, RailTel, Infosys, and Vedanta were in focus with their latest announcements. Updates included share sales, investments, new projects, staff bonuses, and a restructuring plan. These developments kept investors watching closely as activity picked up across these stocks. Here is a look at the key highlights of top stocks in the stock market today.
Stock Market on 21 August
UltraTech Cement
UltraTech Cement, part of the Aditya Birla Group, will sell a 6.49% stake in India Cements through an offer for sale of 2.01 crore shares. The move follows the company’s majority stake acquisition in 2024.
Piramal Pharma
Piramal Pharma has invested $190.3 million (Rs 1,626.49 crore) in PPL Pharma Inc. through its US arm. The investment was made via 1,903 preference shares, each valued at $100,000.
RailTel
RailTel has secured contracts worth over Rs 50 crore from Kerala and Odisha. The deals include a project from Kerala IT Mission and another from Odisha’s Higher Education Department.
Infosys
Infosys awarded an average performance bonus of 80% in Q1 FY26. The payout ranged between 75% and 89%, higher than in the previous quarter.
Vedanta
Vedanta’s plan to split into five verticals has been opposed by the Petroleum Ministry in the NCLT. Concerns were raised over guarantees provided by the company to the government.
