Here are the top stocks to watch on March 21, 2025:
Ola Electric Mobility Ltd: The company issued a strong clarification dismissing recent media reports about its February 2025 sales data as misleading. Ola clarified that the dip in registrations was due to temporary vendor-related issues, not regulatory concerns. It has already cleared 40% of the backlog and expects full resolution by the end of March.
Hero MotoCorp: The company is making a strategic move into the electric three-wheeler segment with a planned investment of up to ₹525 crore in Euler Motors. This aligns with its sustainability goals and strengthens its position in the growing EV market.
Manappuram Finance: Shares will be in focus after Bain Capital announced a ₹4,384.94 crore investment via preferential allotment at ₹236 per share — a 30% premium to the six-month average price. The deal may result in Bain holding up to 41.7% stake, depending on the open offer response.
JSW Energy: The company successfully raised ₹800 crore through the issuance of Non-Convertible Debentures (NCDs) in two tranches, as part of its ₹3,000 crore capital raise plan. The funds will support long-term growth and project financing.
Hindalco Industries: The Aditya Birla Group metal major unveiled a new brand identity focused on engineered solutions, with ₹45,000 crore investment planned across aluminium, copper, and specialty alumina. The shift aims to drive innovation in EVs, semiconductors, and renewable energy.
Paradeep Phosphates Ltd (PPL): The fertilizer maker announced the resumption of operations at its Ammonia and Urea plants in Goa, which had been temporarily shut down. The restart, disclosed under SEBI’s Regulation 30, marks a key update in the company’s production activity.
Glenmark Pharmaceuticals: The company’s U.S. arm received final approval from the U.S. FDA for its Olopatadine Hydrochloride Ophthalmic Solution (OTC). The drug, used to treat allergic eye conditions, taps into a $50.7 million U.S. market.
TVS Motor Company: TVS declared an interim dividend of ₹10 per share (1000%) for FY25, with a total outlay of ₹475 crore. The record date for shareholders is March 26, 2025.
Container Corporation of India (Concor): Concor has placed a ₹192 crore order with GATX India for 10 rakes of BLSS wagons, to be leased for 10 years. The move is aimed at expanding its freight capabilities.
Tata Consultancy Services (TCS): TCS has entered into a tech partnership with The Cumberland Building Society to modernize its core banking infrastructure using TCS BaNCS and Quartz for compliance.
CG Power and Industrial Solutions: The company forayed into the air cooler segment with a new JetChill range that focuses on high performance and energy efficiency, marking its entry into consumer durables.
Unichem Laboratories: The pharma firm completed Phase I of its API plant expansion at Pithampur, adding 210 KL capacity with a ₹200 crore investment, boosting its manufacturing strength.
Gujarat Natural Resources Ltd (GNRL): GNRL signed a supplemental agreement allowing revenue sharing with its subsidiary from oil field operations until government approvals for PI transfer are in place.
BrePco Biopharma & Piramal Critical Care: The UK MHRA has granted marketing approval for Neoatricon®, a ready-to-use paediatric Dopamine Hydrochloride infusion, to be commercialized in the EU, UK, and Norway.
HCC-Tata Projects JV: The joint venture secured a ₹2,470 crore contract from Tata Power for the Bhivpuri 1000 MW Pumped Storage Project, including extensive civil and hydro-mechanical works.
These developments could drive significant investor interest in today’s trading session.
Disclaimer: This article is for informational purposes only and is not a recommendation to buy or sell any stock. Please consult with a certified financial advisor before making any investment decisions.
