The Indian stock markets resume trading on March 17 after a three-day break, following a weak closing in the previous session.
On March 13, the S&P BSE Sensex fell by 200.85 points to settle at 73,828.91, while the NSE Nifty50 declined by 73.30 points, closing at 22,397.20. As investors look forward to market movements, here are some key stocks to watch today:
Stocks to watch today
- IndusInd Bank: The Reserve Bank of India (RBI) has confirmed that the bank remains well-capitalized, and its financial health continues to be satisfactory.
- Fusion Fin: The company has appointed Sanjay Garyali as the new CEO, a move that could drive leadership-driven growth in the future.
- Tata Motors: The company is set to consider raising funds of up to ₹2,000 crore via Non-Convertible Debentures (NCDs) on March 19.
- GMR Airports: The company reported a 13% year-on-year increase in passenger traffic for February, with aircraft movement up by 8%.
- Zydus Lifesciences: The US FDA has issued nil observations for its API Unit 1 at Ankleshwar, Gujarat.
- Alkem Laboratories: The company successfully cleared a US FDA inspection at its Bioequivalence Centre in Taloja without receiving Form 483.
- Shilpa Medicare: The US FDA issued a Form 483 with zero observations for Unit-2 of its arm at Raichur.
- JB Chemicals: The company’s API manufacturing unit (D9) at Panoli, Gujarat, has also received no Form 483 from the US FDA.
- Dr. Reddy’s Laboratories (DRL): The company has issued a nationwide recall of Levetiracetam in the US due to mislabeling concerns.
- Oberoi Realty: The company has launched ‘Sky City Mall’ in Borivali, Mumbai, with a saleable area of 12.07 lakh square feet.
- Brigade Enterprises: The company launched a premium residential project in Bengaluru, with a revenue potential of ₹380 crore.
- Ceigall India: The company has received a Letter of Award (LoA) for a ₹923 crore order from the National Highways Authority of India (NHAI).
- GR Infraprojects: Selected as the preferred bidder for an NHAI project worth ₹4,263 crore.
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Tejas Networks: The company has received a ₹123 crore Production Linked Incentive (PLI) incentive from the Department of Telecommunications.
- Dalmia Bharat: The company has commenced production of its expanded 2.4 million tons per annum (mtpa) capacity at its Lanka, Assam unit.
- KEC International: The company has secured new orders worth ₹1,267 crore across multiple business segments.
- Maharashtra Seamless: The company has bagged an order worth ₹298 crore for the supply of seamless pipes.
- Welspun Specialty: The company emerged as the lowest bidder for a ₹232 crore contract from Bharat Heavy Electricals Limited (BHEL).
- RMC Switchgears: The company has received an LoA from the Rajasthan government for an order worth ₹320 crore.
- Ola Electric: Rosmerta Digital Services has moved the National Company Law Tribunal (NCLT), alleging a default by the company.
- SpiceJet: Chairman and Managing Director Ajay Singh has pared his stake in the company, selling 1.15 crore shares (0.9% equity) through block deals.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
