Stocks To Watch: Vedanta, Bharat Electronics, Aye Finance, Fino Payments Bank, ICICI Prudential AMC, Max Healthcare, Foseco India and IRB Infrastructure

Several stocks are likely to remain in focus on Thursday, August 27, following developments related to stake sales, management changes, investments, order wins, regulatory notices and corporate clarifications.

ICICI Prudential AMC

ICICI Prudential Asset Management Company could remain in focus after reports that Prudential Corporation Holdings plans to sell a 2 per cent stake to meet minimum public shareholding (MPS) requirements. The offer is reportedly worth around Rs 3,121 crore. As of June 2026, total promoter holding stood at 87.6 per cent, while Prudential Corporation held 34.59 per cent. The proposed sale could increase the company's public float.

Foseco India

Foseco India is likely to see increased trading activity as Morganite Crucible and Morgan Terrassen BV are reportedly planning to sell their entire 15.27 per cent stake through a block deal. The transaction is estimated at around Rs 664.4 crore, with a floor price of Rs 5,773.63 per share.

Aye Finance

Aye Finance could remain in focus after Alpha Wave India I LP was reported to be planning to sell its entire 7.8 per cent stake through a block deal. The deal is estimated at Rs 320.4 crore, with a floor price of Rs 167 per share. The transaction could affect the company's shareholding structure and near-term liquidity.

Fino Payments Bank

Fino Payments Bank has received approval from the Reserve Bank of India for a further three-month extension of Ketan Merchant's tenure as Interim CEO. The extension is effective from August 27, 2026, or until the regular MD & CEO takes charge, whichever is earlier. The move provides continuity during the company's leadership transition.

IRB Infrastructure Developers

IRB Infrastructure Developers has received board approval to invest up to Rs 351 crore in IRB InvIT Fund through a proposed preferential issue. The company will acquire up to 5.4 crore additional units at Rs 65 per unit. The fund plans to use the proceeds to acquire two project SPVs from IRB Infrastructure Trust.

Bharat Electronics

Bharat Electronics has secured additional orders worth Rs 730 crore since August 10. The orders cover communication equipment, radar, avionics, tank sub-systems, electro-optics, cybersecurity, perimeter security, medical electronics, EVMs, jammers, batteries, spares and services. The continued order inflow strengthens visibility for the company's revenue pipeline.

Max Healthcare Institute

Max Healthcare Institute could attract investor attention after its subsidiary, Alps Hospital, received a show-cause-cum-demand notice from DGGI Mumbai. The notice involves an alleged GST demand of Rs 165.7 crore, including a penalty of Rs 110.47 crore. Investors will monitor the potential financial impact and the company's response.

Vedanta

Vedanta is in focus after Vedanta Resources denied media reports suggesting a possible sale of its stake in Vedanta, Vedanta Aluminium or any other group company. The parent company said there is currently no plan to sell any stake. It reiterated its focus on growth, value unlocking, the proposed demerger into five focused companies, growth capex and deleveraging.

Key Takeaway

The stocks to watch on August 27 span block deals, regulatory developments, corporate investments, order wins and management changes. ICICI Prudential AMC, Foseco India and Aye Finance could see heightened trading activity due to proposed stake sales, while Bharat Electronics' Rs 730 crore order inflow and IRB Infrastructure's Rs 351 crore investment are key operational developments. Investors will also track Max Healthcare's GST notice and Vedanta's clarification on stake-sale reports.

Disclaimer: The article is for informational purposes only and not investment advice.