Stocks to Watch: Adani Group, Hindustan Unilever, Dixon Tech, Zydus Life

Adani Power & Adani Green Energy: Maharashtra State DISCOM issues Letter of Intent for supply of 6,600 MW hybrid solar and thermal power by the companies. Adani Green to supply 5 GW solar power from Khavda. Adani Power to supply 1,496 MW thermal power from new 1,600 MW ultra-supercritical capacity.

Hindustan Unilever: Files petition before the Bombay HC challenging the ₹962 crore tax order from the Income Tax authorities. HUL had received the ₹962 crore tax notice over the TDS dispute in the GSK deal.

Dixon Technologies: Arm Padged Electronics Pvt. Ltd. has signed an MoU with Asus India Pvt. Ltd. for the manufacturing of information technology products i.e. notebooks.

Zydus Life: Arm signs exclusive licensing and supply agreement with US-based Viwit Pharmaceuticals. The arm has signed an agreement for Gadobutrol injection and Gadoterate Meglumine Injection for the US market.

Thermax: Bags repeat order worth ₹516 crore for setting up another 300 MW energy project from Jindal Energy, Botswana.

Sugar Stocks: The government allows sugar mills and distilleries to make rectified spirit and extra-neutral alcohol from Sugarcane Juice & B-heavy molasses.

GMR Airports: August passenger traffic is up 9% year-on-year and 0.1% month-on-month to 1.06 crore. August domestic passenger traffic is up 7.4% year-on-year. International passenger traffic is up 12.9% year-on-year.

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