Stocks to Watch Today: Lenskart, Wipro, Tejas & More

 

Stocks to Watch Today, August 28: Lenskart, Tejas Networks, Wipro, NBCC, Adani Power and Others in Focus

Several stocks are likely to remain in focus on Friday, August 28, 2026, after a series of corporate announcements involving Lenskart Solutions, Texmaco Rail & Engineering, Tejas Networks, Wipro, Tempsens Instruments, NBCC, RPP Infra Projects and Adani Power.

The developments include a potential block deal, a railway-sector collaboration, a ₹1,537 crore Letter of Intent from TCS, an expanded AI partnership, fresh construction orders, a project termination and an internal corporate transaction. With the broader market attempting to recover after two sessions of losses, these company-specific triggers could lead to sharper moves in individual stocks.

Lenskart Solutions: ₹1,313 Crore Block Deal in Focus

Lenskart Solutions is among the most closely watched stocks after reports that Alpha Wave Ventures is likely to sell a 1.2% stake in the company through a block deal.

The proposed transaction is estimated at around ₹1,313 crore, with the floor price reportedly set at ₹630 per share. The development could increase near-term supply in the stock and make the trading session particularly important for investors tracking Lenskart.

A secondary block deal means the shares are being sold by an existing shareholder rather than being newly issued by Lenskart. Therefore, the transaction itself does not bring fresh capital into the company.

For short-term traders, the key factor will be how the market absorbs the additional shares. Long-term investors, meanwhile, should focus on Lenskart's revenue growth, store expansion, margins and profitability rather than interpreting an investor exit as an automatic change in the company's fundamentals.

Texmaco Rail: Germany Pact for Railway Components

Texmaco Rail & Engineering is in focus after signing a Memorandum of Understanding with Germany's Bochumer Verein Verkehrstechnik GmbH (BVV).

The agreement sets out broad terms for exploring potential collaboration in railway wheels, wheelsets, axles and other rail-vehicle components.

The development fits into the broader expansion of India's railway manufacturing ecosystem, where domestic companies are increasingly looking at technology partnerships and international opportunities.

However, investors should distinguish between an MoU and a confirmed commercial order. An MoU establishes a framework for potential cooperation, but its eventual financial impact will depend on subsequent contracts, execution and revenue conversion.

For Texmaco Rail, investors will therefore be watching for concrete orders and commercial agreements arising from the collaboration.

Tejas Networks: ₹1,537 Crore BSNL 4G Order

Tejas Networks has received a Letter of Intent worth ₹1,537 crore from Tata Consultancy Services (TCS) for supplying RAN equipment, accessories and installation materials for BSNL's 4G mobile network across 18,685 sites.

The development is significant because it reinforces Tejas Networks' involvement in India's domestic telecom infrastructure rollout.

Radio Access Network, or RAN, equipment forms the part of a mobile network that connects users' devices to the telecom operator's network. The BSNL 4G project therefore provides Tejas with an opportunity to participate in a large-scale national telecommunications deployment.

The key issue for investors will be execution. A large order can support the company's order book, but revenue recognition, delivery schedules, margins and working-capital requirements will determine how much value ultimately reaches the bottom line.

The stock could therefore see strong attention as traders assess the size of the order relative to Tejas Networks' existing business.

Wipro: Google Cloud and AI Expansion

Wipro is in focus after expanding its partnership with Google Cloud to accelerate enterprise adoption of Gemini Enterprise and agentic AI.

The company said it is also scaling its internal deployment of Gemini Enterprise and plans to empower more than 10,000 AI-certified specialists, including 1,500 Forward Deployed Engineers, with advanced AI capabilities.

The announcement comes at a time when global IT-services companies are attempting to turn generative AI and agentic AI into commercially scalable services.

For Wipro, the potential opportunity extends beyond simply offering AI tools. Increased AI adoption could potentially improve employee productivity, speed up software and business-process delivery and help the company develop new enterprise solutions.

However, investors should watch whether these capabilities translate into actual deal wins and revenue growth. Partnerships and AI investments can take time to affect financial results.

The broader technology backdrop is currently supportive after strong US technology performance, although global interest-rate expectations remain a potential source of volatility.

Tempsens Instruments: Mainboard Listing in Focus

Tempsens Instruments (India) is also on the market radar following its mainboard listing on August 28.

The company operates in the temperature-sensing and industrial instrumentation space, making its debut an important event for investors interested in India's industrial and engineering segment.

For a newly listed company, the first trading sessions can be volatile as the market establishes a price based on actual demand and supply.

Investors should be careful not to judge the company's long-term prospects solely from its listing-day price action. Business growth, margins, order visibility, valuation and cash flows will matter considerably more over time.

NBCC: ₹134.27 Crore Fresh Orders

NBCC (India) has received multiple construction orders worth a combined ₹134.27 crore.

The orders have come from organisations including Kendriya Vidyalaya Sangathan, the Directorate of Teacher Education and SCERT in Odisha, and Canara Bank.

Fresh orders are an important operational indicator for engineering and construction companies because they contribute to future revenue visibility.

For NBCC, investors will be watching the pace at which its order book continues to expand, along with project execution, margins and cash-flow generation.

The company is also among the stocks trading ex-dividend on August 28, according to the day's corporate-action calendar.

That means investors should consider the ex-dividend date separately from the new-order announcement when assessing the day's price movement.

RPP Infra Projects: ₹205.89 Crore Work Order Terminated

RPP Infra Projects could face attention after the Sports Development Authority of Tamil Nadu terminated a ₹205.89 crore work order awarded to the company.

The termination followed a decision to restructure and redesign the Global Sports City project. The authorities said the project would be redesigned into a larger and more comprehensive facility capable of hosting major national and international sporting events, including events on the scale of the Asian Games.

The development is negative from an immediate order-book perspective because the existing work order has been terminated.

However, investors should also watch whether RPP Infra Projects is able to participate in any revised tender or future contracting opportunity connected with the redesigned project. Until such an opportunity is formally awarded, it should not be treated as confirmed business.

The stock could therefore see heightened volatility as investors reassess the impact of the cancelled order on its order book and future revenue visibility.

Adani Power: ₹535.69 Crore Subsidiary Transaction

Adani Power has entered into a Share Purchase Agreement involving its subsidiary Chandenvalle Infra Park (CIPL) and AdaniConneX (ACPL).

Under the agreement, Adani Power will sell its entire stake in CIPL to ACPL for ₹535.69 crore. Once the transaction is completed, CIPL will cease to be a subsidiary of Adani Power.

The transaction is essentially an internal group restructuring involving entities connected to the Adani group.

For investors, the important points will be the completion of the transaction, the accounting impact and how the restructuring fits into Adani Power's broader capital-allocation strategy.

The headline transaction value alone should not be interpreted as equivalent to fresh operating revenue or profit for Adani Power.

What These Stocks Have in Common

The day's stocks-to-watch list contains very different types of corporate catalysts:

Stock	Key Development	Investor Focus
Lenskart Solutions	Potential ₹1,313 crore block deal	Share supply and price reaction
Texmaco Rail	Germany railway-component MoU	Future commercial orders
Tejas Networks	₹1,537 crore TCS LoI	BSNL 4G execution and order conversion
Wipro	Expanded Google Cloud AI partnership	AI deals and revenue growth
Tempsens Instruments	Mainboard listing	Listing-day price discovery
NBCC	₹134.27 crore new orders	Order book and execution
RPP Infra Projects	₹205.89 crore order terminated	Order-book impact
Adani Power	₹535.69 crore subsidiary sale	Group restructuring and completion

This distinction matters because not every headline has the same financial significance.

A confirmed ₹1,537 crore LoI for Tejas Networks is different from a potential block deal in Lenskart. Similarly, Texmaco's MoU is an early-stage collaboration, while RPP Infra's terminated order has an immediate negative impact on its existing order book.

Market Backdrop Could Add Volatility

The corporate developments come after a weak session on Dalal Street. The Nifty 50 closed at 24,090.85 on Thursday, while the Sensex fell 539 points. The market was expected to open higher on Friday, although investors remained cautious ahead of the Federal Reserve Chair's Jackson Hole speech and amid elevated crude oil prices and US Treasury yields.

That backdrop means stock-specific news could produce exaggerated moves.

For example, a positive order announcement may attract buyers even if the broader market remains weak, while stocks facing negative corporate developments could underperform sharply.

Investors should therefore separate company fundamentals from overall market sentiment when evaluating these names.

What Investors Should Watch Today

The most important developments to monitor during Friday's session are:

• Lenskart: Whether the reported block deal creates sustained selling pressure.
• Tejas Networks: Market reaction to the ₹1,537 crore TCS LoI and expectations for execution.
• Wipro: Whether investors view the expanded Google Cloud partnership as a meaningful AI growth catalyst.
• Texmaco Rail: Any further details or commercial agreements following the Germany MoU.
• NBCC: Order-book growth and execution visibility.
• RPP Infra Projects: The financial impact of the terminated Global Sports City order.
• Adani Power: Completion and implications of the CIPL transaction.
• Tempsens Instruments: Listing performance and initial price discovery.

Investor Takeaway

The stocks to watch today, August 28, are being driven by a wide range of catalysts—from large telecom and infrastructure orders to AI partnerships, block deals, new listings and project cancellations.

Tejas Networks and NBCC have fresh order-related triggers, while Wipro has a major AI-focused partnership update. Lenskart could see trading volatility because of the reported block deal, and RPP Infra Projects faces a negative order-book development. Texmaco Rail, Adani Power and Tempsens Instruments have separate corporate events that could influence their trading activity.

The key for investors is to distinguish between confirmed business developments, potential future opportunities and short-term trading catalysts. A headline can move a stock quickly, but its long-term investment significance depends on execution, earnings and cash flows.

This article is for informational and educational purposes only and should not be considered investment advice.

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