Stocks to Watch: ONGC, BPCL, RailTel
Benchmarks Nifty24,154.90-132.75FEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return23.3 % Invest NowEnter search text:HomeETPrimeMarketsMarket DataNewsIndustrySMEPoliticsWealthMFTechAICareersOpinionNRIPanacheThe Economic Times daily newspaper is available online now. Read Today's Paper Stocks in news: ONGC, BPCL, RailTel Corporation, Exide Industries and Lohia CorpSECTIONSStocks in news: ONGC, BPCL, RailTel Corporation, Exide Industries and Lohia CorpBy Kumar Gaurav, ETMarkets.comLast Updated: Aug 19, 2026,…
Stocks in news: ONGC, BPCL, RailTel Corporation, Exide Industries and Lohia Corp
The Indian stock market experienced a downward trend for the sixth consecutive session on Tuesday, influenced by rising oil prices and soaring global bond yields. Key companies like ONGC and BPCL will attract attention due to recent corporate developments. More newsworthy, RailTel Corporation and Compucom Software have landed significant contracts with government bodies. Additionally, Lohia Corp and others are expected to report their first-quarter earnings today.
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The Nifty remained under pressure through most of the session after opening lower, with every recovery attempt met with fresh selling. From a technical perspective, analysts suggest that the overall sentiment could favour the bears as the index continues to lose bullish momentum. On the downside, the fall could extend towards the 24,050-24,000 zone, where initial support is likely to emerge. On the upside, resistance is seen at 24,240.
Against this backdrop, shares of Oil & Natural Gas Corporation (ONGC), Bharat Petroleum Corporation (BPCL), RailTel Corporation of India, Lohia Corp and several other companies are likely to remain in focus in Wednesday’s trade following corporate developments and first-quarter earnings.
ONGC
ONGC successfully commissioned gas evacuation facilities at Khoraghat GGS-1 in Golaghat district, Assam, on August 18, 2026. The facility enables surplus associated natural gas from the Upper Assam Shelf to be processed and evacuated through the North East Gas Grid (NEGG), developed by Indradhanush Gas Grid Limited (IGGL).
BPCL
The state-owned company’s board has approved raising up to Rs 5,000 crore through the issuance of secured or unsecured redeemable non-convertible debentures (NCDs), in one or more series or tranches. The total amount will not exceed Rs 5,000 crore.
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Interarch Building Solutions
The company has secured domestic orders worth approximately Rs 128 crore, including taxes, for the design, engineering, manufacturing, supply and erection of a pre-engineered steel building system for a major FMCG player of international repute. The project is for a manufacturing facility for homecare, beauty and wellness products.
RailTel Corporation of India
RailTel Corporation of India has received a work order from the Employees Provident Fund Organisation. The order, valued at Rs 1,66,80,29,314 including tax, is for the extension of an Infrastructure-as-a-Service (IaaS) work order through RailTel for a period of one year.
Ducon Infratechnologies
The company has announced that it has secured a prestigious end-to-end contract for the supply and service of a Forced Cooling Network (FCN) System for the potlines at one of the largest single Aluminium Smelter Plants in India.
Compucom Software
Compucom Software has received a work/sanction order worth Rs 4,76,93,450 from Rajasthan Skill and Livelihoods Development Corporation (RSLDC), the nodal agency for implementation of the Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) in Rajasthan. The order has been received in the normal course of business.
BLS International Services
BLS International Vize Hizmetleri Limited Sirketi, a step-down subsidiary of the company, has merged with iDATA DANISMANLIK VE HIZMET DIS TIC AS, another step-down subsidiary, with effect from August 17, 2026. Following the merger, BLS International Vize Hizmetleri Limited Sirketi has ceased to exist as a step-down subsidiary of the company.
Exide Industries
Exide Industries has invested Rs 199.99 crore by way of subscription in the equity share capital of Exide Energy Solutions Limited (EESL) on a rights basis. With this investment, the total investment made by the company in EESL stands at Rs 5,102.23 crore.
The board of the company on January 30, 2026, had approved the infusion of additional funds of up to Rs 1,400 crore through subscription in its wholly owned subsidiary EESL towards setting up a greenfield multi-gigawatt lithium-ion cell manufacturing facility in India, in one or more tranches.
