Stocks to watch, August 31: FMCG stocks, HDFC Bank, RIL, Tata Chemicals, Ather Energy, Ola Electric, Sterlite Tech

The domestic stock market is expected to open gap-down on Monday, August 31. The GIFT NIFTY futures suggest that the NIFTY50 index will open 110 points lower.

In a compliance affidavit filed with the apex court, the FSSAI said the proposal is intended to provide a simple, prominent, and easily comprehensible warning to consumers regarding food products that are high in specified nutrients of concern.

“Accordingly, he shall retire from the services of the Bank upon the close of business hours on October 26, 2026,” HDFC Bank said in an exchange filing.

Jio Platforms had filed its draft papers with the market regulator in June for the proposed public issue.

The S1Z brings Ola's indigenous 46 series LFP cell platform technology, developed at its Battery Innovation Centre and manufactured at the Ola Gigafactory, to its most accessible scooter range, for the country's largest EV buying segment, the company said in a statement.

The S1Z has been designed around a simple belief that customers in the value segment should never have to compromise on technology, safety or performance, it added.

With the introduction of indigenous LFP chemistry, Ola is redefining expectations of what an accessible electric scooter can offer while advancing its vision of building India's EV ecosystem from the cell upwards, the company said.

Besides, the company has received a sanction order from the Ministry of Heavy Industries for the release of incentives amounting to ₹95.81 crore under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme).

The sanction pertains to the demand incentive under the PLI-Auto Scheme for FY 2026-27, and authorises the payment to be released through IFCI Ltd, the Central Nodal Agency designated for disbursement under the scheme, Ola Electric said in a statement.

The incentive has been sanctioned in accordance with the applicable terms and conditions of the PLI-Auto Scheme, as amended from time to time, it added.

Earlier, the company launched Konarc at a starting price of ₹99,999 (ex-showroom Bengaluru) in three variants, S100, S125 and S160, with a host of new features, with deliveries of the vehicle commencing from September.

The company also said a 200 km version of Ather S and a feature-loaded Z version with a 125 km IDC (Indian Driving Cycle) range are also in the pipeline.

The EL platform added the latest features like onboard charging, AeBS and 10,000 km service intervals.

The company, which took price increases of up to 12% in tranches in the June quarter to offset the spike in crude prices triggered by the West Asia crisis, does not foresee the need for any fresh price hikes in the current quarter amid easing volatility, even as it remains watchful of the commodity's trajectory.

The transaction marks a significant step in AXISCADES' strategy to accelerate the scale-up of its Aerospace Manufacturing platform and add immediately operational precision-manufacturing capabilities alongside its established, product-based Aerospace, Defence and Electronics businesses.

"The order marks TARIL’s first order in the nuclear power sector, adding a new and strategically important segment to the Company’s growing portfolio of critical power infrastructure projects. The order has been received from Megha Engineering and Infrastructures Limited (MEIL)," the press release said.

Under the three-year contract, STL will supply high-density optical fibre cable products as per the customer’s specifications from CY27 to CY29, with the agreement extendable by another two years by mutual consent.

Purchase orders will be released periodically during the contract period.

ONGC has issued an Expression of Interest (EOI) to engage a specialist global offshore rig-broking consultant to identify potential drillship owners or counterparties, assess assets and valuations, and support the state explorer in negotiating a possible ownership or joint venture arrangement.

The initiative is aimed at creating dedicated, priority-access deepwater drillship capacity, according to the EOI issued by ONGC.

"ONGC is undertaking a structured capacity-creation programme to secure dedicated, priority-access deepwater drillship capacity in support of Mission Samudra Manthan. In view of the same, ONGC is exploring possibilities of ownership or JV model for Drillship acquisition," the EOI said.

The company's focus is to increase distribution touchpoints beyond its strong markets in the south and east, its Chairman and Managing Director S Sambhu Prasad said in the report.

"Our stated goal of achieving 1,00,000 direct chemist outlets will be achieved in FY27, and we wish to further increase overall reach and availability of our brands beyond our traditional strong markets," he said.

Amrutanjan Health Care added 44,000 new chemist outlets during FY26 and continues to widen distribution in new markets while deepening penetration in existing strongholds.

The company also expects supply chain bottleneck regarding cells imported from China that has impacted its Intra EV, to be resolved completely by the end of the ongoing quarter, he told analysts.

"On EVs, the demand outlook is quite positive," he said.

In the first quarter of the fiscal year, on the electric commercial vehicles front, Tata Motors had over 3,400 vehicle orders across segments, building on the momentum it saw in the second half of last year.

The company will develop residential and commercial projects on this land parcel and expects revenue of ₹10,000-₹12,000 crore from upcoming projects on the site.

With this acquisition, Max Estates said it has entered into Delhi's housing market. It is already doing residential projects in Gurugram and Noida markets of Delhi-NCR.

In a regulatory filing on Saturday, the company said it has entered into a share purchase agreement to acquire 100% stakes in nine promoter-owned land-holding companies, which together own 84.71 acre land parcel.