The Indian stock markets ended on a positive note on Wednesday, March 19, with the BSE Sensex gaining 147.79 points or 0.20% to close at 75,449.05. The NSE Nifty climbed 73.30 points or 0.32% to settle at 22,907.60.
On Thursday, March 20, Gift Nifty indicated a positive start, trading at 23,080, up 0.06% at 8:09 AM.
Stocks to Watch Today
- Mazagon Dock – The company commenced the production Plate Cutting ceremony for the first Air Independent Propulsion (AIP) system for Scorpene-class submarines.
- Hatsun Agro – Expanded its retail footprint with the launch of its 4000th HAP Daily outlet in Bhimavaram, Andhra Pradesh.
- Indegene – Announced expansion in Europe with a new center in London.
- Waaree Energies – Upgraded credit ratings by CARE Ratings Limited to CARE A+; Stable.
- Wipro – Introduced Sovereign AI services with Nvidia AI for governments and enterprises globally.
- Prince Pipes – Commenced commercial production at Begusarai, expanding its manufacturing footprint.
- Pix Transmissions – Long-term bank facilities rating upgraded by CARE Ratings from A to A+ Stable.
- HIL – Changed its name to ‘BirlaNu Limited’ from ‘HIL Limited.’
- Sumit Woods – Granted a commencement certificate for development with a revenue potential of approximately ₹400 crore.
- NCL Industries Ltd – Received a letter from promoters regarding share acquisition through the open market.
- Indian Hume Pipe – Authorized management to proceed with the sale of the company’s freehold land in Bengaluru, measuring about 40,875.668 sq. meters.
- Avenue Supermarts – Invested ₹174.99 crore in its e-commerce arm, DMart Ready.
- Ashok Leyland – Opened a new bus manufacturing plant in Andhra Pradesh.
- DCAL – Received a GMP compliance certificate for its Saint-Beauzire site from the National Agency for the Safety of Medicine and Health Products.
- Gold Financing Stocks – Increased demand for safe-haven assets as gold prices surpassed $3,050 per ounce.
- TIL – Board meeting scheduled for March 24 to consider raising equity capital.
- Jeena Sikho Lifecare – Converted its Bhopal clinic into a 52-bed hospital for inpatient care.
- Ksolves India – Declared a third interim dividend of ₹7.50 per share for FY25.
- Laxmi Organic – NCLT, Mumbai Bench, approved the amalgamation of Yellowstone Fine Chemicals Private Limited with the company.
- Mishra Dhatu Nigam – Announced an interim dividend of ₹0.75 per equity share for FY24-25.
- Hyundai Motor – Plans to increase vehicle prices by up to 3% effective April 2025.
- Dhanlaxmi Bank – Approved issuance of unsecured non-convertible debentures (Basel III Tier-I Bonds) up to ₹150 crore.
- Vishal Fabrics – Acquired shares of Quality Exim for ₹49.9 million.
- Thomas Cook – Executed a business transfer agreement with Unit Nature Trails Resorts for ₹522.5 million.
- Trent – Subsidiary Booker India to acquire 100% equity of THPL Support Services from Trent Hypermarket for ₹166.36 crore.
- Dev Information Technology – Secured an order from NICSI worth ₹1.4 crore.
- Adani Enterprises – Completed incorporation of a joint venture, Praneetha Ecocables, with Praneetha Ventures.
- Reliance Industries – Dissolved its subsidiary, Reliance Eagleford Upstream LLC, transferring its 23.42% stake in Reliance Marcellus LLC to the parent company.
- Vedanta – Anil Agarwal expects NCLT approval for the demerger within 4-6 weeks.
- Timex – Re-appointed Mr. Deepak Chhabra as Managing Director for three years.
- Ansal Properties – Announced the resignation of two independent directors.
- TD Power – Appointed Mr. Mahesh K V as Head of Design.
- Strides Pharma – Completed the acquisition of Amexel Pte. Ltd., Singapore.
- Raymond – Nawaz Singhania resigned as Non-Executive Director of the company.
- NHPC – Board approved borrowing plans to raise debt up to ₹6,300 crore during FY26 via NCDs.
- IOB – QIP deal size set at up to 49.3 crore shares (2.6% equity), with an indicative price of ₹40.57 per share.
- Can Fin Homes – CFO Apurav Agarwal resigned from the company.
- Praxis Home Retail – Ex-rights date today, with 11 right shares for every 30 shares held.
- Galaxy Surfactants Limited – Ex-dividend date today, interim dividend set at ₹18 per share.
- Angel One – Ex-dividend date today, interim dividend declared at ₹11 per share.
- Ola Electric – Heavy Industries Ministry sought clarification from Ola Electric regarding a mismatch in sales and registrations. Ola claimed to have sold 25,000 vehicles in February, whereas only 8,600 were registered per Vahan data.
- Wire and Cable Stocks – Adani Enterprises incorporated a joint venture, Praneetha Ecocables, with Praneetha Ventures, marking its entry into the wire and cable business.
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