Every trading day brings fresh surprises. Major deals, leadership shifts, and investments shape market trends. Today’s lineup includes corporate changes, billion-dollar deals, and key announcements. Here are the stocks in focus for today’s trading session.
Market Recap
Indian equity indices surged on March 20. The Nifty closed just shy of the 23,200 mark. The Sensex soared 1.19% to close at 76,348. Meanwhile, the Nifty climbed 1.24% to end at 23,190.
Stocks to Watch on March 21, 2025
Tech Stocks
Indian IT stocks, including Infosys, Wipro, and TCS, will be in focus today. Accenture released its second-quarter earnings, raising the lower end of its full-year revenue forecast. However, it narrowed its guidance range due to an uncertain environment for discretionary spending.
Zomato
The online food delivery giant has undergone a major transformation. The Ministry of Corporate Affairs (MCA) approved the company’s name change to Eternal Limited, effective March 20.
Manappuram Finance
Global private equity giant Bain Capital is investing Rs 4,385 crore in Manappuram Finance through a preferential allotment. The company will issue 9.29 crore equity shares at Rs 236 per share to Bain Capital’s investment entities.
Hindalco
Hindalco, India’s leading aluminium producer, is planning a massive Rs 45,000 crore investment across its aluminium, copper, and speciality alumina businesses. Aditya Birla Group Chairman Kumar Mangalam Birla reaffirmed the company’s commitment to growth while announcing a new brand identity.
Bajaj Finance
The NBFC major has announced key leadership changes. Rajeev Jain has been appointed vice chairman (executive director) for a three-year term from April 1, 2025. Additionally, Anup Kumar Saha has been promoted to managing director.
TVS Motor Company
The two- and three-wheeler manufacturer has announced a 1000% interim dividend, translating to Rs 10 per share. The total payout stands at Rs 475 crore for the financial year ending March 31, 2025.
Hindustan Unilever (HUL)
HUL has acquired a 14.3% stake in Lucro Plastecycle. Lucro is a key player in recycled flexible plastics. This move aligns with HUL’s goal of achieving a zero-plastic waste future.
TCS
Tata Consultancy Services (TCS) has expanded its footprint in banking technology. It partnered with The Cumberland Building Society (UK) to modernise its core banking system.
RailTel Corporation of India
RailTel has secured a new work order worth Rs 16.89 crore from the Ministry of Defence for laying optical fiber cables (OFC).
JSW Energy
JSW Energy has raised Rs 800 crore via a private placement of non-convertible debentures (NCDs). This is part of its larger Rs 3,000 crore fundraising plan.
Torrent Power
Torrent Power’s wholly-owned subsidiary, Torrent Green Energy, has incorporated a new entity, Torrent Urja 43.
