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Three stocks could start Wednesday on investors’ radar as fresh orders, a Rs 200 crore investment and an NHAI contract bring new business developments into focus.
✨ Key Takeaways
Indian benchmark indices ended lower on Tuesday, August 18, extending their losing streak to six consecutive sessions, the longest such run in nearly 11 months. Rising crude oil prices and renewed concerns over the US-Iran situation kept investors cautious amid fears of disruptions to global energy supplies.
The Nifty 50 opened at 24,223.85 and briefly climbed to an Intraday high of 24,269.65. However, selling pressure remained through most of the session. The index largely traded between 24,180 and 24,220 during the afternoon before slipping sharply towards the close.
The Nifty 50 touched an intraday low of 24,165.45 and settled at 24,154.90, down 132.75 points, or 0.55 per cent.
Against this backdrop, here are three stocks that could remain in focus during Wednesday’s trading session.
1. Interarch Building Solutions Ltd
Interarch Building Solutions Ltd has received an order worth approximately Rs 128 crore, including Taxes, from a major FMCG player of international repute.
The company said the customer’s name could not be disclosed due to commercial considerations. The order involves the design, engineering, manufacturing, supply and erection of a pre-engineered steel building system for a manufacturing facility for homecare, beauty and wellness products. The project is being executed for a domestic entity and has an estimated completion period of around 10 months.
Exide Industries Ltd has invested Rs 200 crore in its wholly owned subsidiary, Exide Energy Solutions Ltd (EESL), as part of its ongoing investment in lithium-ion cell manufacturing.
The company invested Rs 199.99 crore on August 18, 2026, through a subscription to the equity share capital of EESL on a rights basis.
With this investment, Exide Industries Ltd’s total investment in EESL has increased to Rs 5,102.23 crore. The company said there has been no change in its shareholding percentage in EESL following the investment. The latest investment is part of Exide Industries Ltd’s larger plan to establish a greenfield multi-gigawatt lithium-ion cell manufacturing facility in India. The company’s Board had earlier approved an additional investment of up to Rs 1,400 crore in EESL, in one or more tranches, for the project.
Highway Infrastructure Ltd has received a Letter of Acceptance from the National Highways Authority of India (NHAI) for a toll collection contract at Palayam Fee Plaza in Tamil Nadu. The contract covers user fee collection at Palayam Fee Plaza on NH-44, covering the Krishnagiri to Thumbipadi section from Km 94+000 to Km 180+000 on a BOT basis.
The contract is valued at Rs 80.17 crore and has a tenure of 90 days. The order strengthens Highway Infrastructure Ltd’s presence in the toll operations segment.
Disclaimer: The article is for informational purposes only and not investment advice.