Stocks to Watch Tomorrow
DSIJ Intelligence / 20 Aug 2026 / Categories: Mindshare, Trending
Three stocks could remain in focus on Friday after an acquisition, a ₹183.18 crore order and a USD 114,400 international order were announced.
Indian stock market benchmarks ended higher on Thursday, August 20, with the Nifty 50 snapping its seven-session losing streak as buying emerged in IT and financial stocks. Improving sentiment across Asian markets and stabilising global bond yields also supported the recovery.
The Nifty 50 opened at 24,225.45 and remained volatile in the early session, slipping to an Intraday low of 24,184.55. However, buying at lower levels helped the index recover and trade largely above the 24,200 mark. The benchmark touched an intraday high of 24,265.15 before some profit booking trimmed gains towards the close.
The Nifty 50 settled at 24,231.85, up 153.55 points, or 0.64 per cent, snapping its seven-session losing streak.
Against this backdrop, here are the stocks that could remain in focus during Friday’s trading session.
Indo Borax & Chemicals Ltd announced plans to acquire a controlling stake in listed speciality chemicals company Kronox Lab Sciences Ltd.
Indo Borax has entered into a share purchase agreement with Zenrock Chemicals Private Limited and the promoters of Kronox Lab Sciences. Under the agreement, Indo Borax will acquire 2,38,44,000 equity shares of Kronox Lab Sciences, representing a 64.26 per cent stake. The shares, with a face value of Rs 10 each, will be acquired for an aggregate consideration of Rs 246.12 crore.
B.L. Kashyap & Sons Ltd secured a new order worth Rs 183.18 crore, excluding GST. The order has been awarded by Realkraft Ventures LLP, part of the Century Group, for civil and structural works related to a residential building.
Under the contract, B.L. Kashyap & Sons will undertake the execution of civil and structural works as per approved drawings, specifications and the agreed scope of work. The project is expected to be completed within approximately 18 months.
Evans Electric Ltd has received an international order worth USD 114,400 from MARC Thailand Co. Ltd. The order involves the manufacture and supply of 110 resin-rich stator coils for a NISHISHIBA make 37,500 kVA, 11 kV, 1,500 RPM, four-pole synchronous generator.
The company has stated that the order comes with a guarantee period of 24 months.
The contract is expected to be executed within 35 to 40 days. The order value of USD 114,400 translates to approximately Rs 1.10 crore, based on the exchange rate disclosed by the company. The contract gives Evans Electric an additional international order and could put the stock on investors' radar on Friday.
Disclaimer: The article is for informational purposes only and not investment advice.