Stocks to watch for August 27: BEL, Max Healthcare, Jio Financial, ICICI Prudential AMC and more

GK Energy | The firm has received a Letter of Empanelment (LOE) for a contract worth ₹455 crore from a state government-owned power distribution company to install rooftop solar systems at 1 lakh households, the company said on Wednesday.

Bharat Electronics Ltd | State-owned BEL has received additional orders worth ₹730 crore since its last disclosure on August 10, the defence electronics company said on Wednesday (August 26).

Hindustan Copper | The government’s Offer for Sale in Hindustan Copper has closed successfully with strong investor participation, according to DIPAM Secretary. The issue was oversubscribed on both days, prompting the government to exercise the entire green shoe option.

Max Healthcare Institute | The firm's wholly owned subsidiary Alps Hospital has received a show-cause-cum-demand notice from the Directorate General of Goods & Services Tax Intelligence (DGGI), Mumbai Zonal Unit. The notice alleges non-payment of GST on variable management fees by Alps Hospital.

ICICI Prudential AMC | Prudential Corp Holdings is planning to sell a 2% stake in ICICI Prudential AMC through a block deal, as per sources. The offer size is pegged at ₹3,121 crore, with the offer price set in the range of ₹2,998–₹3,158 per share, implying a 2–7% discount to the current market price.