Last Updated: March 18, 2024, 08:41 IST
Stocks to watch on March 18
Stocks to watch: Shares of corporations like LIC, Adani, HAL, Lupin, Vedanta, Torrent Power, RailTel, and others might be in concentrate on Monday’s commerce.
Stocks To Watch On March 18: Equity markets have been unstable all through the final week as cautiousness in direction of mid and small caps continued to drag market sentiments. In in the present day’s commerce shares of Indian Hotels, RailTel, Dr Lal PathLabs, Torrent Power and Lupin might be in focus due to numerous information developments.
Adani Group: As per PTI, the group will make investments greater than Rs 1.2 lakh crore in FY25 throughout its portfolio enterprise with a particular concentrate on inexperienced and renewable vitality.
Separately, the US has widened its investigation of the Adani Group to concentrate on the conduct of its founder, Gautam Adani, and whether or not the corporate could have engaged in bribery, reported Bloomberg News on Friday.
Hindustan Aeronautics: The firm signed a contract price Rs 2,890 crore with the Ministry of Defence for the mid-life improve of 25 Dornier plane together with related tools for the Indian Navy.
Lupin: The firm mentioned US FDA inspected its manufacturing facility at Aurangabad from March 6 to March 15, 2024. The inspection closed with the issuance of a Form 483 with one statement.
Torrent Power: It has acquired a Letter Of Award for a 300 MW wind and photo voltaic hybrid challenge with a tariff of Rs 3.65/kWh. The contract interval shall be 25 years.
Jindal Stainless: The firm mentioned it equipped stainless-steel for the nation’s first underwater metro line in Kolkata. The challenge was price Rs 4,965 crore.
LIC: LIC has deliberate to present a 17 per cent wage hike for its workers, efficient August 1, 2022.
KPI Green: It has emerged as a profitable bidder for a 100 MWA solar energy challenge at Maharashtra State Power Generation Co (MAHAGENCO).
Zydus Life: It has acquired the ultimate US FDA approval and 180 days Competitive Generic Therapy Exclusivity for Finasteride and Tadalafil Cap Capsules, that are used to deal with benign prostatic hyperplasia.
Drone Acharya: It has secured a contract to provide IT {hardware} for the Indian Army’s drone lab in J&Okay.
JSW Energy: Its arm JSW Neo Energy has acquired Letter of Awards (LoA) for a further 500 MW of wind capability underneath greenshoe possibility for the Solar Energy Corp (SECI) Wind Power Projects.
RailTel: It has bagged orders price Rs 482 crore.
Dr Lal PathLabs: The firm has appointed Shankha Banerjee as CEO, efficient May 21.
IRCON: It has acquired a LoA for a building challenge price Rs 630 cr from NHIDCL.
SJVN: The firm has acquired a Letter of Intent from GUVNL for a 200 MW Solar Project.
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