Several companies are expected to remain in focus on March 9 following key corporate developments, regulatory updates, project announcements, and business expansion plans. Stocks such as Alkem Laboratories, KPI Green Energy, RITES, HG Infra, IRB Infrastructure, Tata Power, and Dr Reddy’s Laboratories may attract market attention as investors react to the latest updates.
Below are the key companies to watch today.
Alkem Laboratories
Alkem Laboratories announced that one of its arms will acquire a 51–55% stake in Switzerland-based Occlutech. The acquisition is expected to strengthen the company’s presence in the medical devices segment.
KPI Green Energy
KPI Green Energy has executed a Battery Energy Storage Purchase Agreement with Gujarat Urja Vikas Nigam Limited (GUVNL). The agreement involves the development of 445 MW / 890 MWh Independent Power Producer (IPP) standalone Battery Energy Storage System (BESS) projects.
United Drilling Tools
United Drilling Tools received an order from Oil and Natural Gas Corporation (ONGC) for the supply of casing pipes worth ₹3.72 crore.
RITES
Engineering consultancy firm RITES has secured an order worth ₹729 crore from South Western Railway for railway electrification work.
HG Infra Engineering
HG Infra Engineering announced the completion of a project valued at ₹763 crore.
Solar Industries India
Solar Industries has commenced construction of a new facility in Nagpur, marking a further expansion of its manufacturing infrastructure.
IRB Infrastructure Developers
IRB Infrastructure reported toll revenue of ₹746 crore for February, compared with ₹614 crore in the same month last year.
IOL Chemicals and Pharmaceuticals
The European Directorate for the Quality of Medicines & HealthCare (EDQM) has granted a Certificate of Suitability (CEP) to the company for its Metformin Hydrochloride Process-II active pharmaceutical ingredient (API). The company already holds a CEP for Metformin Hydrochloride used in antidiabetic treatment.
Ramkrishna Forgings
Ramkrishna Forgings has commenced commercial production of an 8,000-ton hot forging press line with a capacity of 40,000 tonnes per annum (TPA) at Plant V in Jharkhand.
Thomas Cook India
Thomas Cook India has opened its first outlet in Gwalior, increasing its presence in Madhya Pradesh to six locations.
Dr Reddy’s Laboratories
The U.S. Department of Justice (DOJ) has closed its inquiry under the Foreign Corrupt Practices Act (FCPA) involving the company and did not recommend enforcement action.
Tata Power
Tata Power announced a strategic collaboration with Salesforce aimed at accelerating India’s clean energy transition and digital transformation initiatives.
Mangalore Refinery and Petrochemicals Limited (MRPL)
Government sources stated that the company has adequate crude stock, and reports suggesting that MRPL had shut units are incorrect.
Syngene International
Syngene International announced leadership changes. Interim Chief Commercial Officer Caroline Hempstead will depart by mutual consent, and Abhijit Zutshi will take over the role of Chief Commercial Officer.
UltraTech Cement
UltraTech Cement announced the appointment of Jayant Dua as Managing Director (Designate) effective April 1, 2026.
Genus Paper & Boards
The company has divested its entire 100% equity stake in its wholly owned subsidiary Genus Paper and Coke Limited for ₹11.86 crore.
Tata Motors Passenger Vehicles
Om Prakash Bhatt has ceased to be an Independent Director of the company effective March 8.
YES Bank
YES Bank announced the appointment of Vinay Muralidhar Tonse as Managing Director and CEO-designate.
Lupin
The company received two Form 483 observations from the U.S. Food and Drug Administration (USFDA) following an inspection.
Fino Payments Bank
The Reserve Bank of India (RBI) has approved the appointment of the bank’s Interim Chief Executive Officer.
Kernex Microsystems
Kernex Microsystems announced the formation of a joint venture with Bharat Heavy Engineering.
Neogen Chemicals
The company disclosed that promoters have raised funds amounting to ₹161 crore.
Omaxe
Omaxe’s subsidiary Omaxe New Chandigarh Developers has received a Real Estate Regulatory Authority (RERA) registration certificate for a project in Punjab.
GK Energy
The Maharashtra GST authorities have completed an inspection at the company’s office.
SML Isuzu / SML Mahindra
The company reported February commercial vehicle sales of 1,442 units, compared with 1,679 units in the same month last year.
Kwality Wall’s (Kwality Limited)
The company reported a net loss of ₹178 crore, compared with a loss of ₹100 crore earlier, while revenue stood at ₹223 crore against ₹322 crore previously.
Global Commodity Impact on Certain Sectors
Crude oil prices have risen sharply, with WTI moving above $113 and Brent gaining more than 22%, which may draw attention to sectors such as paints, oil marketing companies, and aviation.