The stock market witnessed dynamic movements, with several companies making notable announcements that could influence investor sentiment. Yesterday, the NSE Nifty 50 closed 27 points lower at 22,470, while the BSE Sensex declined by 73 points to settle at 74,030.
Stocks to Watch Today
- BEL has secured an order worth Rs 2,463 crore for Ashwini Radars from the Indian Air Force.
- BEML signed a memorandum of understanding with Siemens to explore business opportunities in the train and metro markets.
- NTPC Green declared full commercial operation of its 105 MW Shajapur solar project.
- Carysil entered into an agreement with Karran Inc. to supply quartz sinks to a major US home retail chain.
- Unimech Aerospace received a revised outlook from Crisil Ratings on its corporate credit rating while maintaining the current rating.
- Atishay Ltd was awarded a new contract for printing and delivering PVC co-branded Ayushman cards by the Government of Odisha.
- Nahar Industrial received an upgraded credit rating for its bank facilities from CRISIL.
- Premier Explosives secured an export order worth Rs 21.45 crore for defense explosives.
- Azad Engineering inaugurated a lean manufacturing facility for Mitsubishi Heavy Industries.
- Infosys expanded its strategic collaboration with Citizens to enhance AI-led transformation.
- Polycab signed an agreement worth Rs 3,003 crore with BSNL for the Bharat Net project.
- NACL Industries saw its acquisition of a 53.13% stake approved by Coromandel International.
- Waaree Renewable received an upgraded credit rating for its banking facilities.
- Swelect Energy secured 150 MW solar module orders and raised Rs 290 crore for a 1 GW expansion.
- Jubilant Pharmova’s subsidiary received an EIR with a Voluntary Action Indicated (VAI) status from the USFDA.
- Yatra Online announced the resignation of its Group CFO, Rohan Purshottamdas Mittal.
- Bajaj Electricals Ltd received a favorable ruling from the Appellate Authority regarding a GST dispute.
- Jamna Auto received a show cause notice from the GST Authority regarding a tax demand.
- Beta Drugs amended its Memorandum of Association to increase its authorized share capital.
- Dynamic Services received a Rs 1.89 crore contract from South East Central Railway for meal services.
- Medplus Health obtained a stay order halting a Rs 1.88 crore demand against the company.
- Panasonic Carbon announced the resignation of its Company Secretary, effective May 9, 2025.
- Shantai Industries announced the resignation of its Company Secretary & Compliance Officer, effective March 12, 2025.
- DCAL’s board approved the issuance of debentures aggregating up to Rs 500 million.
- Manali Petrochemicals made an additional equity investment of Rs 88.2 million in Amplus IRU.
- NHPC is set to consider a borrowing plan for raising debt for the fiscal year 2025-26 on March 19.
- IndusInd Bank saw mutual funds selling shares worth Rs 1,600 crore in February.
- Ola Electric launched a ‘Holi flash sale’ for its S1 Range e-Scooters, offering discounts up to Rs 26,750.
- Zydus Lifesciences invested in Illexcor Therapeutics through Zynext Ventures to advance novel oral therapy for sickle cell disease.
- Jaiprakash Associates assigned its outstanding debt and financial assets to the National Asset Reconstruction Company.
- Satin Creditcare approved an increase in the limit for issuing Letters of Comfort or similar assurances for its subsidiary.
- Banking Sector: The RBI has initiated an industry-wide review of derivatives positions of banks.
- ICICI Securities trading on exchanges is set to be suspended from March 24.
- MTNL earned Rs 2,135 crore from the monetization of land and buildings up to January 2025.
- NLC India reported that its lignite production fell short of its fiscal target due to delays in land acquisition.
- Rattan India Power has filed an appeal after its petition against an arbitral award was dismissed by the Delhi High Court.
- D.S. Kulkarni Developers received an income tax demand notice of Rs 24.33 crore on March 12, 2025.
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