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CNBC-TV18's top stocks to watch out for on August 30

Updated : 2019-08-30 07:22:19

Indian shares are likely to open little changed on Friday, tracking gains in Asian stocks but worries over the US-China trade talks are likely to weigh on investor sentiment. Wall Street rallied on Thursday, led by strong gains in the technology and industrial sectors. At 7:00 AM, the SGX Nifty futures traded higher by 0.05 percent, or 5.50 points, at 11,013.50. Here are the top stocks to watch out for:

CG Power: Founder Gautam Thapar, after being removed as the chairman of the company, broke his silence and said that there was neither any fraud nor any misappropriation of funds. The board is likely to meet on Friday to elect a new chairman, sources privy to the development said. In all likelihood, one of the independent directors will be appointed as the non-executive chairman. (Image: Company)
CG Power: Founder Gautam Thapar, after being removed as the chairman of the company, broke his silence and said that there was neither any fraud nor any misappropriation of funds. The board is likely to meet on Friday to elect a new chairman, sources privy to the development said. In all likelihood, one of the independent directors will be appointed as the non-executive chairman. (Image: Company)
HDFC Bank: The lender has agreed to sell its entire stake of 10 percent in the equity share capital of Goods & Services Tax Network for a total consideration of Rs 1 crore to various state governments and union territories. (Image: Reuters)
HDFC Bank: The lender has agreed to sell its entire stake of 10 percent in the equity share capital of Goods & Services Tax Network for a total consideration of Rs 1 crore to various state governments and union territories. (Image: Reuters)
Future Retail: CARE Ratings has reaffirmed A1+ rating to the commercial paper. (Image: Reuters)
Future Retail: CARE Ratings has reaffirmed A1+ rating to the commercial paper. (Image: Reuters)
Wipro: The company and Google Cloud expand partnership to accelerate digital transformation for enterprises. (Image: Reuters)
Wipro: The company and Google Cloud expand partnership to accelerate digital transformation for enterprises. (Image: Reuters)
ICRA: The company sacked CEO and MD Naresh Takkar. Vipul Agarwal, interim COO, will be responsible for the day-to-day operations until a new MD and CEO is appointed. (Image: Company)
ICRA: The company sacked CEO and MD Naresh Takkar. Vipul Agarwal, interim COO, will be responsible for the day-to-day operations until a new MD and CEO is appointed. (Image: Company)
Adani Green: The company signed definitive agreement for the acquisition of 205 MW operating solar assets of Essel Group. The company will also buy 100 percent equity interest in 10 companies. (Image: Company)
Adani Green: The company signed definitive agreement for the acquisition of 205 MW operating solar assets of Essel Group. The company will also buy 100 percent equity interest in 10 companies. (Image: Company)
Vodafone Idea: Telecom operator Vodafone Idea has lost revenue share in most of the circles, according to a report by JM Financial. Vodafone India and Idea Cellular started integration of their networks after completing their merger on August 31, 2018. The report said that during the first quarter of the current financial year, Vodafone Idea Ltd (VIL) saw quarter-on-quarter (q-o-q) revenue market share (RMS) erosion in all circles, except Himachal Pradesh. (Image: Reuters)
Vodafone Idea: Telecom operator Vodafone Idea has lost revenue share in most of the circles, according to a report by JM Financial. Vodafone India and Idea Cellular started integration of their networks after completing their merger on August 31, 2018. The report said that during the first quarter of the current financial year, Vodafone Idea Ltd (VIL) saw quarter-on-quarter (q-o-q) revenue market share (RMS) erosion in all circles, except Himachal Pradesh. (Image: Reuters)
Cox & Kings: Beleaguered tours and travel firm Cox & Kings on Thursday said it has received approval from the Registrar of Companies (ROC) for a 3-month extension for its annual general meeting 2018-19. The company, which had earlier this month said it was not in a position to finalise and consider financial results for the June 2019 quarter due to its ongoing resolution plan, had sought for an extension of time to hold its annual general meeting (AGM). (Image: Company)
Cox & Kings: Beleaguered tours and travel firm Cox & Kings on Thursday said it has received approval from the Registrar of Companies (ROC) for a 3-month extension for its annual general meeting 2018-19. The company, which had earlier this month said it was not in a position to finalise and consider financial results for the June 2019 quarter due to its ongoing resolution plan, had sought for an extension of time to hold its annual general meeting (AGM). (Image: Company)
JSW Energy: Promoter pledged 1.26 crore shares in the company on August 27. (Image: Reuters)
JSW Energy: Promoter pledged 1.26 crore shares in the company on August 27. (Image: Reuters)
MAS Financial Services: Finance committee decided to further invest the funds upto Rs 10 crore in MAS Rural Housing & Mortgage Finance. (Image: Company)
MAS Financial Services: Finance committee decided to further invest the funds upto Rs 10 crore in MAS Rural Housing & Mortgage Finance. (Image: Company)
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