Several companies are expected to remain in focus on March 19 following key corporate developments, regulatory approvals, and order wins. Here is a list of stocks to watch in today’s trading session.
Vedanta to Consider Interim Dividend
Vedanta has scheduled a board meeting on March 23 to consider its third interim dividend for the financial year. The announcement places the stock in focus as investors track potential shareholder payouts.
Manappuram Finance Gets RBI Approval
Manappuram Finance will be watched after the Reserve Bank of India granted final approval to Bain Capital for acquiring joint control of the company and its subsidiaries. The development marks a significant ownership-level change.
Mazagon Dock Secures $39 Million Contract
Mazagon Dock Shipbuilders has received a contract worth $39 million from the Shipping Corporation of India (SCI). The order is for the construction of a 3,000 deadweight tonne methanol-powered platform supply vessel (PSV).
Nazara Technologies Announces Strategic Acquisition
Nazara Technologies plans to acquire over 50% stake in Bluetile and Bestplay for ₹918 crore. The company also holds an option to acquire the remaining stake, indicating a phased acquisition strategy.
GR Infraprojects Emerges as Lowest Bidder
GR Infraprojects has been declared the lowest bidder for a Hybrid Annuity Model (HAM) project valued at ₹2,441 crore. Further developments regarding project allocation will be monitored.
Belrise Industries to Acquire UK-Based Entity
Belrise Industries will acquire a UK-based company engaged in component supplies for aviation and defence sectors. The deal is valued at ₹164 crore.
Natco Pharma Board Meeting Scheduled
Natco Pharma has scheduled a board meeting on March 24 to consider the amalgamation of its agrochemical division with one of its subsidiaries.
Puravankara Receives RERA Approval
Puravankara has received approval from the Real Estate Regulatory Authority (RERA) to launch a new tower within an existing project, which could support its ongoing development pipeline.
United Breweries Gets Pollution Clearance
United Breweries has secured approval from the pollution control board for its unit located in Unnao, Uttar Pradesh.
Suryoday Small Finance Bank Sees Promoter Buying
Suryoday Small Finance Bank remains in focus after its promoter and Managing Director purchased 50,000 shares through open market transactions.