Stocks to Watch Tomorrow
Join Us
Follow Us
A proposed 60% stake acquisition, a ₹250 crore expansion plan and a ₹40.92 crore order could put these three stocks under the spotlight on Friday.
✨ Key Takeaways
Indian benchmark indices ended mixed on Thursday, August 13, as investors remained cautious amid elevated crude oil prices, uncertainty around U.S.-Iran peace efforts and the ongoing Q1 FY27 earnings season.
The Nifty 50 closed at 24,395.85, down 40.10 points, or 0.16 per cent, marking its third consecutive session of losses. The Sensex, however, ended at 78,079.96, gaining 113.61 points, or 0.15 per cent, after falling for the previous two sessions.
Against this backdrop, here are three stocks that could remain in focus during Friday's trading session following key corporate developments.
Retro Green Revolution Ltd has entered into a Memorandum of Understanding (MOU) with GYSCOAL ENTERPRISE PRIVATE LIMITED dated August 12, 2026.
Under the proposed arrangement, Retro Green Revolution may acquire up to a 60 per cent equity stake in GYSCOAL on a fully diluted basis. The proposed investment is aimed at supporting business expansion, strategic growth and long-term value creation. The transaction is not yet final and remains subject to due diligence, regulatory approvals and the execution of definitive agreements.
2. DCW Ltd
DCW Ltd has announced a strategic investment programme of approximately ₹250 crore as part of the first phase of its next growth cycle. The company plans to use the investment to expand its Synthetic Iron Oxide Pigment (SIOP) capacity, introduce new value-added pigment products and strengthen captive power infrastructure at its Sahupuram manufacturing complex.
As part of the expansion, DCW plans to increase its SIOP production capacity by 50 per cent, from around 30,000 tonnes per annum to 45,000 tonnes per annum. The expansion will be carried out in phases. The investment comes after the company recorded its highest-ever SIOP sales volumes in FY26, with the business operating at effectively full capacity. DCW expects the additional capacity to support growth in both domestic and international markets.
3. Dhruv Consultancy Services Ltd
Dhruv Consultancy Services Ltd has received a Letter of Award (LOA) from Odisha Bridge & Construction Corporation Ltd (OBCC) for providing Programme Management Consultancy (PgMC) services for various road and bridge projects in Odisha. The order has been awarded to Dhruv Consultancy Services Ltd and Arkitechno Consultants India Private Limited under their Joint Bidding Agreement.
The contract is valued at ₹40.92 crore, excluding applicable GST, and has a project duration of 36 months. The LOA was issued by OBCC on August 10, 2026, and was received by Dhruv Consultancy Services Ltd on August 13, 2026. The company is required to furnish the performance security deposit within seven days of the LOA and complete the contract agreement in accordance with the bid document.
Disclaimer: The article is for informational purposes only and not investment advice.