Stocks to watch, August 20: Bata India, HDFC Bank, BSE, Hyundai Motor India, Aster DM, Texmaco Rail, Ceigall India

The domestic stock market is expected to see a gap-up start to trading on Thursday, August 20. The GIFT NIFTY futures suggest that the NIFTY50 index will open 115 points higher.

BSE will explore the launch of futures and options contracts in India linked to these indexes, subject to regulatory approvals.

"This strategic step anchors BSE’s role to further developing the Indian capital market," the press release added.

The amount of capital benchmarked against indexes and the improved tradability of index-based products via ETFs has led to an increasing need for futures and options. Derivatives linked to indexes can help managers facilitate fund flows and manage equity exposure.

MSCI indexes are amongst the world’s most widely tracked benchmarks linked to more than $21 trillion in AUM as of December 31, 2025.

The JV, in which Ceigall holds a 70% stake, was awarded the engineering, procurement and construction (EPC) package for the construction of the 17.81 km to 55.38 km of the Bile-Migging section of the National Highway (NH)-913, to intermediate lane standards, according to a regulatory filing dated August 18.

The company said that the quantum of increase will vary depending on the model and variant, according to a regulatory filing dated August 19.

The auto manufacturing firm further stated that the price revision has been necessitated by a combination of rising input and commodity costs, higher operational expenses and continuing geopolitical and macroeconomic uncertainties, among other factors.

US-based TPG, through its affiliate Centella Mauritius Holdings Ltd, offloaded 5.81 crore shares, representing a 6.66% stake in Hyderabad-based Aster DM Quality Care, as per the bulk deal data on the National Stock Exchange (NSE).

The shares were disposed of at an average price of ₹766.17 apiece, taking the deal size to ₹4,451.45 crore.

After the latest transaction, Centella Mauritius Holdings' equity stake in Aster DM Quality Care declined to 3.24% from 9.90%.

Meanwhile, HDFC Mutual Fund (MF), Kotak Mahindra MF, Citigroup Global Markets Singapore Pte and Integrated Core Strategies Asia Pte together bought a total of 2,98,60,469 equity shares, amounting to a 3.42% stake in Aster DM Quality Care.

These entities acquired the shares in the price range of ₹766.10-₹766.14 apiece, taking the aggregate deal value to ₹2,287.63 crore.

On June 29, the Food Safety and Standards Authority of India (FSSAI) issued notices to several alcoholic beverage manufacturing units of United Spirits, Associated Alcohols and Breweries Ltd (AABL) and INBREW Beverages for adding flavours that mimic a product's natural profile.

This order was challenged by USL, part of British spirits major Diageo PLC, before the Bombay High Court. Besides, their association was also in discussions with FSSAI over the issue.

At the latest annual general meeting (AGM), Windlass said despite a challenging operating environment marked by geopolitical uncertainties, supply chain disruptions and elevated logistics costs, India's strong economic fundamentals and consumer sentiment continue to offer growth opportunities.

He also reaffirmed the commitment to build a stronger, more agile, and consumer-centric business.

"As we look ahead, we do so with confidence and optimism. The foundation laid through our transformation is beginning to translate into measurable outcomes. While there is still work ahead, the direction is clear, and execution is gathering momentum," Windlass said.

Wipro will be acquiring a 60% stake at ₹232.5 crore, with the balance 40% to be acquired over the next few years, said a joint statement on Tuesday.

This is Wipro Consumer Care's 18th acquisition globally and its third in the past month, the company said in a statement.

Ahmedabad-based Dermatouch's revenue stood at ₹131 crore (around USD 13.6 million) in FY26, registering a growth of 114% over FY25, the company said.

Dermatouch founders Anish Nagpal and Amit Purswani, along with the current management team, will continue to run the business during this period, it added.

Wipro Consumer Care & Lighting, part of Wipro Enterprises, is a fast-growing fast-moving consumer goods (FMCG) company founded in 1945 and headquartered in Bangalore, India.

In a regulatory filing, the Tata Group's digital infrastructure and communications company informed that the debt instrument was issued on August 18.

"Tata Communications Limited has issued and allotted Commercial Paper aggregating to an amount of ₹250 crore," the filing said.

The commercial papers, with a face value of ₹5 lakh each, were issued at a 6.51% discount. The date of redemption for the instrument is November 17, 2026, the filing stated.

The investment was made by subscribing to 6.88 lakh equity shares at ₹100 apiece, while VAGUS DEF TECH & Aerospace Fund-1 acquired a 30% stake in TDTL at the same valuation. Following the transaction, TDTL has ceased to be a wholly owned subsidiary and will now operate as a subsidiary of Texmaco Rail.

"The said approval is expected to further strengthen the Company's presence in the locomotive equipment segment and enable it to participate in procurement opportunities for the aforesaid traction motors, subject to applicable tender conditions, orders and supply requirements of Indian Railways," it added.