Indian stocks remained a focal point, as several major companies made important announcements. Sectors including consumer goods, technology, healthcare, banking, and online services have reported recent updates. These moves highlight how businesses are evolving through leadership changes, dividends, stake sales, and privatisation plans. Investors are watching closely, as these developments could influence the market. These updates are likely to increase investor interest in stocks across multiple sectors in the coming days.
Stocks to Watch on August 22
Hindustan Unilever Limited (HUL)
HUL has announced the appointment of Niranjan Gupta as its CFO-designate and management committee member, effective September 1. This move is expected to strengthen the company’s leadership team and enhance its financial strategy.
Zomato
Zomato has incorporated a new subsidiary named Blinket Foods. This step reflects the company’s focus on expanding its quick commerce business and strengthening its position in the growing food and grocery delivery market.
Wipro
Wipro has signed an agreement to acquire Harman’s Digital Transformation Solution (DTS) business for $375 million in cash. The deal will boost Wipro’s engineering and R&D strengths, expanding its global technology service portfolio.
Vedanta
Vedanta’s board has approved a second interim dividend of Rs 16 per share for FY26, amounting to a total payout of Rs 6,256 crore. This move reflects the company’s continued commitment to rewarding shareholders with strong returns.
Apollo Hospitals
Apollo Hospitals’ MD and promoter Suneeta Reddy plans to sell about 0.18 million shares, equal to a 1.25% stake, through a block deal.
IDBI Bank
The government has set a target to complete the core stage of IDBI Bank’s privatisation by 31 March 2026. According to DIPAM Secretary Arunish Chawla, the due diligence process by qualified bidders is expected to be completed by September 2025.
