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  1. Stocks to watch, August 21: Welspun Corp, HDFC Bank, KFin Technologies, Adani Power, sugar stocks, RailTel

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Stocks to watch, August 21: Welspun Corp, HDFC Bank, KFin Technologies, Adani Power, sugar stocks, RailTel

Swati Verma

5 min read | Updated on August 21, 2026, 08:33 IST

SUMMARY

Welspun Corp said said it has secured the largest single order in its history — valued at approx $1.8 billion (nearly ₹17,200 crore) — for the supply of pipes from its manufacturing facility in the United States of America (USA).

Stocks-to-watch-August-21

The GIFT NIFTY futures suggest that the NIFTY50 index will open 26 points higher.

The domestic stock market is expected to open in the green on Friday, August 21. The GIFT NIFTY futures suggest that the NIFTY50 index will open 26 points higher.

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Here is a list of stocks that may remain in focus today.
HDFC Bank: The private sector lender said its GIFT City branch has completed the issuance of $1.75 billion in senior unsecured bonds.
Welspun Corp: The company said it has secured the largest single order in its history — valued at approx $1.8 billion (nearly ₹17,200 crore) — for the supply of pipes from its manufacturing facility in the United States of America (USA).

"This record-breaking order is the single largest ever awarded to the company and marks a defining milestone in its global growth trajectory, reaffirming its leadership position as a trusted, large-scale partner to the global energy and infrastructure sector," it said.

The order will be executed between FY 2028 & FY 2029.

Crude oil-linked stocks: Shares of ONGC, Oil India, Reliance Industries, BPCL, HPCL, and IOC will be in focus after Brent crude hovered near $94 per barrel, putting it on track for a second straight weekly gain. Higher crude prices are generally positive for upstream producers such as ONGC and Oil India due to better realisations, while they could squeeze the marketing margins of oil marketing companies.

Rising oil prices may also weigh on aviation stocks such as InterGlobe Aviation (IndiGo) and SpiceJet, besides paint companies including Asian Paints, Berger Paints and Kansai Nerolac, and tyre makers like MRF, Apollo Tyres and CEAT, as crude-linked derivatives are key input costs.

Niva Bupa Health Insurance: Shares of Niva Bupa will be in focus after the Insurance Regulatory and Development Authority of India (IRDAI) warned the insurer for breaching the Expense of Management (EoM) limits in FY25 and barred it from opening new branches for six months. The company said it is evaluating the order and added that it is compliant with the EoM regulations for FY26 and the June quarter of FY27.
Adani Power: Shares of Adani Power will be in focus after the Appellate Tribunal for Electricity (APTEL) ruled in the company's favour, setting aside the Maharashtra Electricity Regulatory Commission's (MERC) earlier order. The tribunal directed MERC to recompute the company's Change in Law compensation in line with APTEL's previous judgment and issue consequential orders.
KFin Technologies: Shares will be in focus as private equity firm General Atlantic, one of the promoter entities of KFin Technologies, on Thursday divested an 8.7% stake in the financial services platform for ₹1,400 crore through an open market transaction.

New York-headquartered General Atlantic, through its arm General Atlantic Singapore Fund Pte Ltd, sold more than 1.51 crore equity shares, representing an 8.75% stake in Mumbai-based KFin Technologies, according to block deal data on the NSE.

The shares were disposed of at an average price of ₹925 apiece, taking the deal size to ₹1,399.99 crore.

Following the transaction, General Atlantic's holding in KFin Technologies declined to 13.14% from 21.89%.

Sugar stocks: The government on Thursday allowed duty-free imports of 10 lakh tonnes of raw sugar under a tariff rate quota till October 31 amid rising prices of the sweetener in local markets.

The move is aimed at enhancing domestic availability and capping price rise.

To control prices, the government has also imposed a stockholding limit on bulk consumers who use more than 10 tonnes of sugar a month, capping their stock at 15 days' consumption.

Sugar stocks could react negatively as sugar mills have benefited from record ex-mill prices. Higher imports increase supply, which could cap further price hikes and weigh on margins.

Vedanta Aluminium: Vedanta Aluminium Metal shares are expected to be on investors' radar on Friday, August 21, as the prominent aluminium producer in India expanded its automotive solutions portfolio on Thursday by launching two advanced offerings under its best-selling Primary Foundry Alloy (PFA) range.

These include the Copper-Doped Alloy, developed for high-performance automotive applications, and the Vedanta Foundry Alloy (VFA), a versatile material for enhanced durability, developed in collaboration with IIT Delhi.

The two innovations represent a new frontier in the development of next-generation automotives, enabling lighter, safer, and more efficient vehicles, fuelling new possibilities in the automotive sector, the press release said.

Saatvik Green Energy: The company secured a new order on Thursday. The order that involves the supply of solar photovoltaic (PV) modules to an independent power producer and EPC player, is expected to be executed by March 2027.

The commercial order is worth ₹190 crore and will be supplied by Saatvik Solar Industries Private Limited, a material subsidiary of the company.

RailTel Corporation: RailTel Corporation of India shares will be on investors’ radar after the company, on Thursday, August 20, said it has bagged an order from Western Coalfields.

Worth ₹164.79 crore, the order involves setting up an MPLS VPN network for WCL on a rental basis for a period of 60 months.

The domestic order is expected to be completed by September 20, 2031.

This week, the Navratna public sector undertaking (PSU) firm had also secured an extension of a work order. Worth ₹166.80 crore, RailTel received a one-year extension of the work order from the Employees' Provident Fund Organisation (EPFO) for providing Infrastructure-as-a-Service (IaaS) through the company.

Tata Motors PV: Shares of Tata Motors PV will be in focus after the company said operations at its Sanand passenger vehicle plant in Gujarat, along with its suppliers' facilities in and around the state, have returned to normal following recent disruptions.
With inputs from PTI
Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial adviser before making any investment decisions.

About The Author

Swati Verma
Swati Verma is a business journalist with 12 years of experience. She writes on equities, corporate earnings, sectoral trends, and industry outlook, among others. At Upstox, she leads financial markets coverage.

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