Here are some notable stocks to watch on March 24, 2025:
Mahindra & Mahindra (M&M): The company plans to increase prices of its SUVs and commercial vehicles by up to 3% starting April 1, 2025, due to rising input and commodity costs.
NCC Limited: NCC has received a Letter of Acceptance (LoA) for a project worth ₹1,480.34 crore from Bihar Medical Services & Infrastructure Corporation.
UCO Bank: The bank has launched a Qualified Institutional Placement (QIP) to raise ₹2,000 crore, with the QIP price set at ₹34.27 per share, representing a 9.19% discount to the closing price on March 21.
Ola Electric: The company has confirmed receiving queries from the Ministry of Heavy Industries (MHI) and the Ministry of Road Transport and Highways (MoRTH) regarding discrepancies between its reported sales and actual vehicle registrations. Ola attributes the mismatch to a temporary registration backlog.
Godrej Properties: The real estate firm has acquired approximately 10 acres of land in Yelahanka, Bengaluru, for a new development project with an estimated revenue potential of ₹2,500 crore
Reliance Industries Limited (RIL): A subsidiary of RIL is set to acquire a 74% equity stake in Nauyaan Shipyard for ₹383 crore from Welspun Corp, gaining access to 138 acres of leasehold land in Dahej, Gujarat.
Alembic Pharmaceuticals: The company’s API-III facility located at Karakhadi, Gujarat, has successfully cleared a USFDA inspection conducted from March 17 to 21, 2025, with zero Form 483 observations.
MSTC Limited: MSTC has received a work order from Coal India to provide e-auction services for coal and coal products for a period of two years
Allied Blenders: The company has received approval to expand its production capacity by 15 lakh bulk litres at its Rangapur facility in Telangana, increasing the total licensed capacity to 615 lakh bulk litres.
NMDC Limited: The Federation of Unions has asked their members to resume duties fully, leading to the resumption of normal operations at all NMDC projects.
Larsen & Toubro (L&T): The board has approved long-term borrowings of up to ₹12,000 crore, including through external commercial borrowings, term loans, non-convertible debentures, or other instruments as appropriate.
Investors may consider these developments when making investment decisions
