The shares of India Cements jumped nearly 5 percent in the early trading hours of August 21, as promoter UltraTech Cement's offer for sale (OFS) to sell up to 2.01 crore shares in the company opened for bidding. India Cements shares were trading at around Rs 388 apiece.UltraTech Cement on August 20 announced that its board has approved the plan to sell up to 2.01 crore shares of India Cements, rep...

Shares of Godrej Properties gained as much as 2.2 percent to Rs 2,082 in morning trade on Thursday, August 21, after it announced it has secured the top spot in an e-auction conducted by the Telangana Housing Board (TGHB), emerging as the highest bidder for a 7.8-acre residential land parcel in Hyderabad’s Kukatpally area.The real estate developer placed a combined bid of Rs 547.78 crore for the...

India's only listed online gaming firm Nazara Technologies Ltd saw further selling pressure in trade on Thursday, August 21,  after the Lok Sabha passed the Promotion and Regulation of Online Gaming Bill, 2025.The bill aims to prohibit all pay-to-play online games, including both games of skill and chance. If passed, the bill would pause the total operations of regulated real-money gaming (RMG) p...

Shares of InterGlobe Aviation, the operator of IndiGo, fell 2 percent to Rs 6,010 apiece on August 21 after Kotak Institutional Equities downgraded the stock to “add”, even as it maintained a target price of Rs 6,850, implying an upside potential of 14 percent from current levels.Kotak noted that recent data indicates the impact of IndiGo’s capacity cuts, which seem to be occurring at a slig...

Shares of Tech Mahindra will remain in focus on August 21 as the IT major announced the incorporation of its wholly-owned subsidiary, Tech Mahindra Regional Headquarters, in Saudi Arabia.The primary objective of this incorporation is to support, manage, and provide strategic direction to the company’s subsidiaries operating in Bahrain and Egypt.Earlier this month, Tech Mahindra disclosed that Pi...