Several Indian stocks are likely to remain in focus on March 20 following key corporate developments across sectors including IT, FMCG, cement, and auto components. Here’s a detailed, fact-based look at the companies making headlines today.
IT Stocks
Accenture has narrowed its FY26 constant currency (CC) revenue growth guidance to 4–6%, compared to the earlier range of 3–6%. This update may influence sentiment in the IT sector.
Tata Consultancy Services has announced a partnership with ABB to combine its AI, data, and engineering capabilities with ABB’s industrial technology solutions.
FMCG
Nestlé India has added a new production line for its Munch brand at its Sanand facility, with a planned capital expenditure of ₹225 crore.
Cement
JSW Cement has commissioned a 2.5 mtpa cement capacity unit in Rajasthan, marking its entry into North India manufacturing.
Auto Components
Samvardhana Motherson has entered into a $10 million joint venture in a 51:49 ratio with a German logistics company in Dubai.
BPM / IT Services
Firstsource Solutions has launched an “Agent-First” operating model designed for enterprise clients.
Engineering & R&D Services
Tata Elxsi will set up a global offshore development centre for Terumo Corporation.
Metals / Infrastructure
Electrosteel Castings reported that a promoter entity has acquired a 3.32% stake worth ₹144 crore via open market transactions.
Disclaimer: This article is for informational purposes only and is based on company announcements and publicly available information. It should not be construed as investment advice.