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Stocks to Watch Today, March 18: Investors should note today’s key stocks to watch in India. Key updates include State Bank of India (SBI) raising Rs 6,051 crore via Tier-2 bonds, RBL Bank joining XED IPO as collecting banker, Punjab National Bank selling Rolta’s NPA, and Tata Steel approving NINL merger.
Other market movers include Varun Beverages acquiring Crickley Dairy, Adani Enterprises winning NCLT approval for Jaiprakash Associates bid, Zydus and Lupin expanding diabetes drug access, and Wipro partnering with Harness for AI solutions.
Here’s the full list of stocks to watch in today’s trading session:
| Company Name | Why in Focus |
| State Bank of India (SBI) | Raised Rs 6,051 crore via Basel III Tier-2 bonds issuance |
| RBL Bank | Appointed collecting banker for XED IPO at GIFT City |
| Punjab National Bank (PNB) | Invited bids to sell Rolta Pvt Ltd’s NPAs worth Rs 450.85 crore |
| Tata Steel | Approved NINL merger and USD 2 billion subsidiary investment |
| Varun Beverages | South African subsidiary Bevco acquiring Crickley Dairy for Rs 131.47 crore |
| Adani Enterprises | NCLT approved Rs 14,535 crore bid for Jaiprakash Associates |
| Zydus Lifesciences | Licensing agreement with Lupin for diabetes drug Semaglutide access |
| Lupin | Partnered with Zydus to expand diabetes drug availability in India |
| Swan Defence and Heavy Industries | Promoter Hazel Infra selling 5.01% stake via offer-for-sale |
| Union Bank of India | Board approved Rs 20,000 crore infrastructure bonds for projects |
| PNB Housing Finance | Partnered with IMGC to provide affordable home loans access |
| Wipro | Collaboration with Harness to accelerate AI-native software delivery globally |
State Bank of India
Raises Rs 6,051 Crore via Tier-2 Bonds
State Bank of India announced on Tuesday that it raised Rs 6,051 crore through its second Basel III-compliant Tier-2 bond issuance, offering a coupon rate of 7.05 per cent.
Selected as Collecting Banker for XED IPO
RBL Bank said it has been appointed as one of the collecting bankers for the proposed IPO of XED Executive Development Ltd, which is the first public issue to be launched from India’s International Financial Services Centre at GIFT City.
Invites Bids to Sell Rolta’s NPA Portfolio
Punjab National Bank on Tuesday invited bids to sell non-performing assets of Rolta Pvt Ltd totalling Rs 450.85 crore.
Approves NINL Merger and USD 2 Billion Investment
The board of Tata Steel approved on Tuesday the merger of Neelachal Ispat Nigam Limited with itself and sanctioned an investment of USD 2 billion in its wholly-owned subsidiary T Steel Holdings Pte.
In addition, Tata Steel signed a Memorandum of Understanding with the University of Science and Technology Beijing to jointly develop low-carbon steelmaking technologies.
Subsidiary Acquires Crickley Dairy
Varun Beverages said its South African subsidiary Bevco will acquire Crickley Dairy Proprietary for Rs 131.47 crore.
NCLT Approves Adani Bid for Jaiprakash Associates
The National Company Law Tribunal approved on Tuesday Adani Enterprises’ bid worth Rs 14,535 crore to acquire Jaiprakash Associates Ltd via the insolvency process.
Zydus Lifesciences, Lupin
Partner to Expand Access to Diabetes Drug
Zydus Lifesciences has entered into a licensing and supply agreement with Lupin to provide broader access in India to Semaglutide Injection (15 mg/3 ml), which will include a patient-friendly reusable pen device.
Swan Defence and Heavy Industries
Hazel Infra to Sell Stake via OFS
Promoter Hazel Infra will sell up to 26.38 lakh equity shares, representing a 5.01 per cent stake, through an offer-for-sale scheduled for March 18–19. The floor price has been set at Rs 1,900 per share.
Approves Rs 20,000 Crore Infrastructure Bonds
Union Bank of India said its board approved a plan to raise Rs 20,000 crore through infrastructure bonds to finance various projects.
Teams Up with IMGC for Affordable Loans
PNB Housing Finance announced a partnership with India Mortgage Guarantee Corporation to provide responsible access to home loans for the affordable housing segment.
Wipro
Collaborates with Harness on AI Software Delivery
Wipro announced a collaboration with Harness to help global enterprises accelerate AI-native software delivery while improving speed, reliability, and governance.
(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.)
