Hindustan Zinc, JSW steel among stocks that may see some price movement today, 19th August

The following stocks can see price movement today because of news developments related to them:

Hindustan Zinc to start India’s first zinc tailings reprocessing plant

Hindustan Zinc Ltd. announces the approval of India’s first zinc tailings reprocessing plant at Rampura Agucha aimed at driving sustainable growth and resource efficiency. The facility with a capacity of 10 million tonnes per annum and an investment of Rs 3823 crores is set to transform waste into valuable resources while supporting company’s goal to double production capacity. It is expected to be commissioned in the next 28 months.

Enviro Infra invests Rs 25 crore  in EIE Renewables

Enviro Infra Engineers has made an additional investment of Rs 25 crore by way of acquisition of equity shares of EIE Renewables, wholly owned subsidiary of the Company. The investment is made by way of subscription to additional 2,50,00,000 equity shares at a face value of Rs 10 each offered by EIE Renewables, on a right basis.

JSW Steel, Posco sign non-binding agreement for integrated steel plant in Odisha

JSW Steel and POSCO have signed a non-binding Heads of Agreement of a 6 MTPA integrated steel plant in India potentially located in Odisha.

Tata Steel to divest entire stake in Ceramat Pvt Ltd

Tata Steel announces divestment of entire stake in Ceramat Pvt Ltd with Tata Steel Advanced Materials Ltd selling 90% equity and 100% preference shares to Lionstead Applied Materials Pvt. Ltd.

Reliance Consumer Products enters into fast-growing healthy functional beverage space

Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited (RIL), has forayed into the fast-growing healthy functional beverage space with the acquisition of majority stake in a Joint Venture with Naturedge Beverages Private Limited. Through this JV, RCPL is focused on offering consumers a range of herbal-natural beverages, thus further enhancing its presence as a Total Beverage Company.

Rossari Biotech arm to purchase the rights of leasehold land in Dahej

Rossari Biotech’s arm approved the purchase of rights in leasehold land in Dahej. It is for a consideration upto Rs. 9 crore (excluding transfer and other applicable charges and duties).

CWD Ltd receives new purchase order of Rs 76 crore

CWD Limited announced that it has received a new purchase order worth Rs 76 crore for the supply of UPI sound boxes. This significant contract award further reinforces the company’s dominant position in India’s rapidly expanding digital payment infrastructure market.

Crisil says India’s telecom industry may see rise of 12% – 14% in operating profit

India’s telecom industry is projected to see a 12-14% rise in operating profit, reaching Rs 1.55 lakh crore in FY26, driven by higher data consumption and rising ARPU, Crisil Ratings said. ARPU is set to rise to Rs 220-225 from Rs 205, aided by 5G rollout and premium data plans. Lower capex post-5G rollout is expected to boost free cash flow to Rs 70,000 crore, improving credit profiles.

Indian Oil to start production of sustainable aviation fuel in December

Indian Oil Corporation will commence sustainable aviation fuel (SAF) production in December at its Panipat refinery, with a 35,000-tonne annual capacity. This output aims to meet India’s international airline SAF blending requirements by 2027, utilizing used cooking oil as feedstock. The company has secured ISCC CORSIA certification, positioning it as the sole certified SAF producer in India using UCO.

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Source: HDFC Securities Prime Research