No stock data available
Stocks to Watch Today: Several companies are expected to remain in focus today as they announced key business updates, large order wins, strategic investments, regulatory approvals, and operational developments.
Here are the key stocks to watch today.
| Stock Name | Why in Focus |
| Hindalco Industries | Clarifies aluminium extrusions operations continue despite gas supply disruption |
| Adani Power | Receives LoA for 1,600 MW power supply from MSEDCL |
| Data Patterns (India) | Secures Rs 288 crore Doppler Weather Radar order from IMD |
| Adani Total Gas Ltd | Cuts the excess natural gas price for industrial customers |
| Coal India Ltd | Aims to ensure power supply at a just price |
| Vedanta Ltd | Plans Rs 2,575 crore fundraising via non-convertible debentures issue |
| IndiGo | Suspends flights to seven Middle East destinations till March 28 |
| Waaree Energies | To set up 10 GW ingot wafer facility in Nagpur |
| Zydus Lifesciences | Desidustat tablets receive approval from China’s NMPA |
| Brigade Enterprises Ltd | Plans development of 25-acre industrial park in Bengaluru |
| VA TECH WABAG | Wins Rs 1,000 crore ADB-funded water project order |
| NMDC | Becomes first miner producing 50 MT iron ore yearly |
| JSW Steel | To develop Minas de Revuboè coking coal mine |
| IDBI Bank | Strategic sale likely scrapped after low financial bids |
Aluminium Extrusions Operations Not Halted
Hindalco Industries on Sunday said it has not halted operations of its aluminium extrusions business and emphasised that the customer communication issued after force majeure claims by some gas suppliers was just a routine business intimation regarding potential supply disruption.
Receives 1,600 MW Power Supply LoA
Adani Power on Sunday said it has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for the supply of 1,600 MW of power from one of its upcoming ultra-supercritical thermal power projects.
Rs 288 Crore IMD Radar Order
Data Patterns (India) has received an order worth Rs 288 crore from the Indian Meteorological Department (IMD) for the supply of 32 units of Doppler Weather Radars.
Cuts Industrial Gas Price
Adani Total Gas Ltd has cut the price of excess natural gas supplied to certain industrial customers to Rs 82.95 per standard cubic metre (SCM) from Rs 119.90 per SCM, effective 0600 hours on March 16, as upstream gas prices softened amid ongoing supply disruptions.
Focus on Ensuring Power at ‘Just Price’
Coal India Ltd aims to ensure power at a “just price” to the country amid the escalating West Asia crisis that endangers global shipping lanes and imported coal costs, a senior official of the company said.
Plans Rs 2,575 Crore NCD Fundraising
Vedanta Ltd is set to raise Rs 2,575 crore through a non-convertible debenture (NCD) issue after strong demand from institutional investors, including ICICI Prudential Mutual Fund, Kotak Mutual Fund, and Aditya Birla Sun Life Mutual Fund, sources familiar with the development said, as cited by PTI.
Suspends Flights to Seven Middle East Destinations
IndiGo will suspend planned flights to seven destinations in the Middle East, including Doha, Kuwait City and Sharjah, till March 28 amid conflict in the region.
Rs 6,200 Crore Manufacturing Facility in Nagpur
Waaree Energies will open a 10 GW integrated ingot and wafer manufacturing facility in Nagpur, Maharashtra, with an investment of Rs 6,200 crore.
Desidustat Drug Approved in China
Zydus Lifesciences on Saturday said its innovative drug Desidustat tablets have received approval from China’s National Medical Products Administration (NMPA) for treating renal anaemia.
25-Acre Industrial Park in Bengaluru
Brigade Enterprises Ltd will develop a 25-acre industrial park in Bengaluru to meet rising demand.
Rs 1,000 Crore ADB-Funded Order
VA TECH WABAG on Saturday said it secured an Asian Development Bank (ADB)-funded order worth Rs 1,000 crore from the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB).
NMDC
Produces 50 MT of iron ore in a single financial year
NMDC on Saturday said it has become the first mining company in the country to produce 50 million tonnes (MT) of iron ore in a single financial year.
Mozambique Coking Coal Mine Development
JSW Steel will develop the Minas de Revuboè coking coal mine in Mozambique in phases, a company statement said.
Strategic Sale Likely Scrapped
The strategic sale of IDBI Bank is likely to have been scrapped as the financial bids put in by potential buyers were below the reserve price, sources said on Friday, as reported by PTI.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
