Key Stocks to Monitor on August 18: Paytm, Wipro and Others

On 18 August, several companies in India's stock market are set to attract investor attention due to various developments impacting their operations.

One97 Communications Ltd, the parent company of the digital payments platform Paytm, is anticipated to divest up to 4.98% of its equity. This sale will be conducted via a block deal, with the initial offer sized at 3% and an option to increase by a further 1.98%.

In another notable move, Shriram Pistons has initiated a Qualified Institutional Placement (QIP) aiming to raise ₹1,000 crore. The indicative price range for the shares is between ₹4,216.30 and ₹4,436.60, potentially reflecting a discount of up to 4.97% of its current market valuation.

Netweb Technologies Ltd, a manufacturer of high-performance computing servers, has also announced a QIP to gather up to ₹1,200 crore. The indicative price range for this latest offering is set between ₹4,710 and ₹4,790 per share.

Meanwhile, NELCO Ltd, a Tata Group satellite services firm, has secured a $20 million investment from Lunar Holdco, Inc., through the issuance of Compulsorily Convertible Debentures (CCDs).

DCX Systems Ltd reported an uptick in business activity, having received purchase orders worth approximately ₹15.19 crore for the manufacturing and supply of cable and wire harness assemblies, with agreements covering both domestic and international markets.

In infrastructure news, Ceigall India Ltd faced setbacks as the Public Works Department of the Delhi government cancelled a ₹330.84 crore tender for various road strengthening projects scheduled for 2026-27.

Wipro, along with other companies like PCBL Chemicals and Syrma SGS, is in the spotlight as the Indian government recently sanctioned 31 investment proposals valued at ₹7,877 crore under the Electronics Component Manufacturing Scheme (ECMS). Notably, Wipro Global Engineering has been approved for an investment amounting to ₹1,401 crore, while Micromax Precision Moulding has received approval for ₹565 crore.

Samvardhana Motherson International announced its intention to acquire a controlling stake in Shenzhen Autocruis Technology Co. Ltd via its wholly owned subsidiary, SMR Automotive (Langfang) Co. Ltd. This acquisition will involve an equity purchase worth approximately $22.6 million for a 64.76% stake.

The film industry in Delhi is undergoing regulatory changes, with the government rolling out a new Standard Operating Procedure (SOP) to streamline the licensing process for cinema halls and multiplexes. This new system, announced on 17 August, will enable a fully online single-window application processed through the e-District portal.

A leadership shift is underway at Airtel Payments Bank as Sunil Bharti Mittal will conclude his term as Non-Executive Chairman on 30 September 2026. His successor, Shabnam Sinha, has been appointed to take over as Chairperson for a three-year term beginning 1 October 2026, pending Reserve Bank of India (RBI) approval.

In further developments, Lloyds Engineering Works Limited has acquired a 51.13% stake in Steel Infra Solutions Company Limited as of 17 August, marking a new chapter for both entities.

Manipal Health Enterprises Ltd is expanding its reach by acquiring the operations and assets of Kinder Women’s Hospital and Fertility Centre in Bengaluru for ₹130 crore, enhancing its network in the region.

Lastly, Jyoti CNC Automation has received the green light for a ₹1,020.65 crore capital investment proposal focused on its manufacturing facility in Rajkot, as detailed in its recent stock exchange filing.