Several companies are likely to remain in focus on March 5 following key corporate announcements, regulatory developments, and industry updates. Stocks across shipping, IT, infrastructure, finance, and manufacturing sectors may see investor attention during today’s trading session.
Below are the major stocks to watch today.
GE Shipping
The Great Eastern Shipping Company has contracted to purchase a second-hand Kamsarmax dry bulk carrier. The acquisition is expected to expand the company’s shipping fleet and may support its dry bulk segment operations.
Vakrangee
Vakrangee Limited has entered into a strategic alliance with Tyger Home Finance Private Limited. Under the partnership, Vakrangee will provide lead generation services for home loan products, potentially expanding financial service offerings through its retail network.
LTIMindtree
LTIMindtree Limited has been recognised by NelsonHall as a leader in GenAI and process automation solutions for the banking sector. The recognition highlights the company’s capabilities in digital transformation and AI-driven services.
Ramky Infrastructure
Ramky Infrastructure Limited has secured an Engineering, Procurement and Construction (EPC) order worth ₹1,402 crore from Maharashtra Industrial Township Limited.
The contract relates to infrastructure works at the Dighi Port Industrial Area in Maharashtra.
Magellanic Cloud
Magellanic Cloud Limited said one of its subsidiaries has received a Letter of Acceptance worth ₹6 crore from South East Central Railway for project-related work.
NCC
NCC Limited saw share purchases through bulk deals, with AVSR Holdings buying 1.17 lakh shares and Sirisha Projects acquiring 1.72 lakh shares.
BSE
BSE Limited has received approval from Securities and Exchange Board of India to launch derivatives on the Sensex Next 30 Index. The development could expand product offerings on the exchange.
Solara Active Pharma Sciences
Solara Active Pharma Sciences Limited announced that its Brazil-based subsidiary, which was non-operational, has been voluntarily deregistered.
Sundaram Fasteners
Sundaram Fasteners Limited saw HDFC Mutual Fund sell 2% stake via bulk deals worth approximately ₹358 crore.
PCBL
PCBL Limited said its board will meet on March 9 to consider amendments to the company’s debenture trust deed.
Gandhar Oil Refinery
Gandhar Oil Refinery (India) Limited has received a summons from the CGST authorities seeking transaction details. The company said no violations have been alleged so far.
UPL
UPL Limited has uploaded the official scheme of arrangement, along with a joint valuation report and fairness opinion, related to its ongoing restructuring.
Bharat Forge
Bharat Forge Limited has approved availing an unsecured rupee term loan worth ₹800 crore.
Hindustan Unilever
Hindustan Unilever Limited has completed the sale of its entire stake in Nutritionalab for about ₹307 crore.
DLF
DLF Limited clarified that media reports claiming a Supreme Court-ordered CBI probe are misleading, addressing speculation related to the company.
Neogen Chemicals
Neogen Chemicals Limited will hold a board meeting on March 7 to consider a fund-raising proposal.
Persistent Systems
Persistent Systems Limited will transfer its entire stake in its Polish subsidiary to Aepona Group as part of a corporate restructuring move.
Mufin Green Finance
Mufin Green Finance Limited has approved the allotment of 2.5 crore equity shares and 76 lakh warrants at an issue price of ₹98 per security.
Tourism Finance Corporation
Tourism Finance Corporation of India Limited saw Unity Associates sell 35.5 lakh shares at ₹68.51 per share through a bulk transaction.
IPO Lock-in Expiry
Shares of Vikran Engineering Limited and Urban Company may see activity as anchor investor lock-in periods end today.
Industry Watch: Tiles Manufacturers
Tiles manufacturers in Gujarat could remain under watch as gas supply disruptions impact production in the sector.
Polycab
Polycab India Limited has received an income tax demand notice of ₹337 crore for FY2024-25, which may keep the stock under pressure.
MRPL
Mangalore Refinery and Petrochemicals Limited has halted fuel exports due to feedstock disruptions linked to the Iran conflict.
Fertilizer Sector
Indian urea producers may remain in focus after LNG supply disruptions linked to tensions involving Iran affected production levels.