The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.42% higher by 105.50 points at 24,948, indicating that the domestic benchmark indices are likely to make a positive start on Monday.

On Friday, 23 August, Domestic benchmark indices S&P BSE Sensex gained 33.02 points or 0.04%, to end at 81,086.21, while the Nifty50 traded 11.65 points or 0.05 higher and settled at 24,823.15.

Here are some stocks that are likely to remain in focus on 26 August.

Transport Corporation of India: The Board of Directors of the company have approved the proposal to buy back around 13.33 lakh shares of the company at an average price of Rs 1,200 per share, making a 4.2% premium from the closing price on 23 August. 

Ambuja Cements: GQG partners have increased their stake in the company to 2.5% by acquiring an additional 1.1% stake via a block deal for a total consideration of Rs 1,679 crore. 

Alembic Pharma: The pharma company announced receiving approval for its Abbreviated New Drug Application (ANDA) for Betamethasone Valerate foam, 0.12% from the US Food and Drug Administration (USFDA). 

Hero MotoCorp: The company’s flagship auto components, Hero Motors, has filed its IPO papers with the Securities Exchange Board of India, aiming to raise Rs 900 crore. 

ONGC: The oil and gas major has begun production from its fifth oil well in the KG-DWN-98/2 Cluster-2 asset, highlighting a significant milestone in its operations. 

KEC International: The company has announced that it is securing an order worth Rs 1,079 crore through its transmission and distribution and cable businesses. With these new contracts, the company’s year-to-date order book stood at Rs 8,700 crore. 

Ashoka Buildcon: The company announced that it was emerging as the lowest bidder for a project worth Rs 478 crore from the Mumbai Metropolitan Region Development Authority (MMRDA). The project is to design and construct an elevated road from Kalyan-Murbad Road to Badlapur Road to Pune Link road 

IDFC First Bank: The company has received an income tax refund for the assessment year 2023-24 worth Rs 202.55 crore, which includes a tax refund of Rs 189.25 crore and an interest component of Rs 13.30 crore. 

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