Several significant developments are set to influence trading today, August 28. Promoter stake sales, regulatory approvals, capacity expansions, and investments are likely to keep certain stocks in focus. Here’s a list of stocks that will be on investors radar today.
Market recap
Indian markets closed lower on August 26, with major indices slipping. The Sensex fell 849 points to 80,786, while the Nifty dropped 256 points to end at 24,712.
Stocks to watch on August 28, 2025
IndiGo
Rakesh Gangwal and his family trust are set to divest up to 3.1% in InterGlobe Aviation, the parent company of IndiGo, as per PTI report. The block deal, valued at approximately Rs 7,027.7 crore, involves up to 1.21 crore equity shares with a floor price of Rs 5,808 per share. This is roughly a 4% discount to the stock’s closing price of Rs 6,050 on the NSE on Tuesday. The transaction is expected to take place on Thursday.
Vishal Mega Mart
BNP Paribas Financial Markets sold 5.53 crore shares of Vishal Mega Mart at Rs 152.8 per share, while Integrated Core Strategies (Asia) offloaded 2.41 crore shares at Rs 152.64. In total, 7.94 crore shares, representing 1.7% of the company, were sold for Rs 1,213.4 crore.
Biocon Pharma
Biocon’s wholly owned unit, Biocon Pharma, has received tentative approval from the US Food and Drug Administration (US FDA) for Sitagliptin tablets in 25 mg, 50 mg, and 100 mg strengths. Sitagliptin is prescribed as an adjunct to diet and exercise for glycemic control in adults with type 2 diabetes.
TCS
Tata Consultancy Services (TCS) is creating a new unit named AI and Services Transformation by integrating its existing teams and capabilities in artificial intelligence. Amit Kapur has been appointed to lead this unit globally as Chief AI and Services Transformation Officer, reporting to Executive Director and COO Aarthi Subramanian, effective September 1.
Tata Steel
Tata Steel has invested Rs 3,100 crore in its Singapore-incorporated subsidiary, T Steel Holdings, through subscription to equity shares. The investment is intended to support the subsidiary’s ongoing operations and expansion plans. The filing indicates that Tata Steel is reinforcing its funding for its international subsidiary, although no specific operational details were disclosed.
Oil India and BPCL
Oil India and Bharat Petroleum (BPCL) have formalised a 50:50 joint venture to develop a gas distribution network in Arunachal Pradesh. The project involves establishing compressed natural gas (CNG) stations and supplying piped natural gas (PNG) to domestic, commercial, and industrial consumers. This follows the 12th round of bidding for City Gas Distribution (CGD) conducted by the Petroleum and Natural Gas Regulatory Board (PNGRB), which concluded in March 2024. The JV’s approval was earlier cleared by BPCL’s board in October 2024.
United Breweries
United Breweries plans to expand its production capacity at the Nizam Brewery in Telangana by adding a new canning line. The facility will increase output by 0.4 million hectolitres over the next year, raising total capacity from 0.5 million hectolitres. The company cited growing demand for its Kingfisher and Heineken products as the reason for the expansion. Current production utilization at the brewery exceeds 90%.