Stocks to Watch: On the day of Nifty's weekly expiry, there are indications of a green start for the market with Gift Nifty. Apart from this, the data on the slowdown in the pace of inflation in India as well as America is also giving support. Talking about one trading day before, on Wednesday, March 12, the BSE Sensex slipped 72.56 points i.e. 0.10% to 74029.76 and Nifty 50 closed at 22470.50 with a fall of 0.12% i.e. 27.40 points. Now talking about individual stocks today, some stocks may see sharp movement due to their special activity. Details about these stocks are being given here.
Stocks to Watch: These stocks will be in focus today
Infosys has announced the expansion of its long-term strategic partnership with Citizens, a New York Stock Exchange (NYSE)-listed company and one of America's oldest and largest financial institutions.
BEML has signed a non-binding MoU with Siemens India to jointly explore opportunities in the semi-high-speed and suburban passenger train segments as well as metro and commuter rail markets. In addition, the company has signed an MoU with Dragflow SRL Italy Forge to strengthen indigenous dredging solutions.
Jubilant Cadista Pharma, the US subsidiary of Jubilant Pharmova, has received an Establishment Inspection Report (EIR) from the US drug regulator FDA for Voluntary Action Indicated (VAI) for its solid oral formulations facility in Salisbury. The FDA had inspected the facility in January. The inspection has been successfully completed after receiving the EIR. However, no products are expected to be manufactured from here as manufacturing work is closed from April 18, 2024.
Bharat Electronics has signed a contract worth Rs 2,463 crore with the Ministry of Defence for the supply and services of Ashwini radar to the Indian Air Force. With this, the company has received a total order worth Rs 17,030 crore this financial year.
Tata Steel Vice President (Operations, Kalinganagar) Rajiv Kumar has resigned, effective March 12.
The board of NHPC will meet on March 19 to consider the debt raising plan for the financial year 2025-26.
NTPC Green Energy has successfully commissioned the second and last part (50 MW) of the capacity of 105 MW Shajapur Solar Project (Unit-1) of its subsidiary NTPC Renewable Energy. The first part capacity of 55 MW has already been commissioned from 29th November 2024.
Firstsource Solutions subsidiary Firstsource Group USA Inc. has created a new wholly owned subsidiary, Firstsource Solutions Ltd. Colombia SAS.
Coromandel International is set to acquire 53% shareholding in NACL Industries from promoter KLR Products for Rs 820 crore at a price of Rs 76.7 per share. Apart from this, Coromandel has also proposed to make an open offer to acquire 26% equity of NACL.
Yatra Online's Group CFO Rohan Purushottamdas Mittal has resigned.
The board of SP Apparels has reappointed Sundararajan Shantha and Sundararajan Chenduran as joint MDs of the company for a term of three years with effect from August 11, 2025.
Zydus' venture capital arm ZyNext Ventures USA LLC has announced an investment in biopharmaceutical company Illexcor Therapeutics. Illexcor is developing a new oral treatment for sickle cell disease (SCD).
The consortium of lenders has handed over the outstanding loans and financial assets of Jaiprakash Associates to the National Asset Reconstruction Company (NARCL).
Swelect Energy Systems has received orders of over 150 MW for its TOPCon bi-facial solar PV modules. Apart from this, Swelect Group has raised funding of Rs 290 crore through non-convertible debentures (NCDs) in a private placement with India Infradebt.
The board of Rolltainers has approved the withdrawal and cancellation of the preferential issue of 11.76 crore warrants convertible into equity shares of the company. The board had approved this issue on April 20, 2024.
To raise debt, Satin Creditcare Network will issue a letter of comfort or side letter to a third party in exchange for credit facilities availed or to be availed by its subsidiary Satin Housing Finance. The limit has been increased from the current Rs 200 crore to Rs 300 crore. However, the company says that this will not guarantee payment by the subsidiary in case of default.
Ola Electric has announced Holi flash sale offers for its S1 range of electric scooters. There will be a discount of up to Rs 26,750 on S1 Air and up to Rs 22,000 on S1 X+ (Gen 2). Apart from this, there will be a discount of up to Rs 25,000 on the rest of the S1 range and you can also get additional benefits of Rs 10,500.
Today, shares of Sun TV Network, GR Infraprojects, Housing and Urban Development Corporation (HUDCO), Brisk Technovision will trade ex-dividend, while on the other hand, the split of Mehai Tech, Shalimar Agencies and Shangar Decor has ex-date today.
Today, new F&O positions will not be taken in BSE, IndusInd Bank, Hindustan Copper, Manappuram Finance and SAIL.
