SpiceJet

< -5%

Interglobe Avi

-5% to -3%

Flysbs Aviation

-3% to 0%

Global Vectra

0% to 3%

3% to 5%

BSE, MCX, and Angel One shares fell up to 4 percent., Sensex and Nifty hit multi-month lows amid West Asia tensions., Crude prices and conflict spark concerns for Indian markets.

* BSE, MCX, and Angel One shares fell up to 4 percent.
* Sensex and Nifty hit multi-month lows amid West Asia tensions.
* Crude prices and conflict spark concerns for Indian markets.

Shares of BSE, MCX, and Angel One fell up to 4% as Sensex and Nifty hit multi-month lows amid escalating US-Iran tensions. Rising crude prices and uncertainty over the conflict weighed on investor sentiment, impacting all Nifty Capital Market index constituents.

shorts/business/us-iran-tensions-bse-mcx-other-capital-market-stocks-fall-up-to-4-as-sensex-crashes-2-500-pts-in-two-days

* BSE, MCX, and Angel One shares fell up to 4 percent.
* Sensex and Nifty hit multi-month lows amid West Asia tensions.
* Crude prices and conflict spark concerns for Indian markets.

Shares of capital market-linked firms BSE, Multi Commodity Exchange (MCX) and Angel One fell up to 4 percent on Wednesday as benchmark indices extended losses amid escalating tensions between the US and Iran.

The <a href="https://www.moneycontrol.com/news/business/markets/sensex-crashes-1-700-pts-nifty-below-24-400-raging-middle-east-conflict-among-key-factors-behind-market-decline-13850163.html" target="_blank">Sensex plunged 1,700 points, or 2.24 percent</a>, to hit an 11-month low of 78,443.2. The broader Nifty dropped 2.25 percent to a 10-month low of 24,305.4, tracking a weak global trend as rising hostilities in West Asia pushed crude oil prices higher.

Within the Nifty Capital Market index, <a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/bselimited/B08">BSE</a> was among the top laggards, declining up to 4 percent. It was followed by <a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/multicommodityexchangeindia/MCE">Multi Commodity Exchange of India</a> and Central Depository Services (India), which fell 2.3 percent and 2.93 percent, respectively.

All 15 constituents of the Nifty Capital Market index were trading in the red as the conflict in West Asia entered its fifth day, weighing on investor sentiment.

"With the war escalating and crude oil rising, markets are entering a phase of heightened uncertainty. The duration of the conflict and the extent of the damage remain unclear. For India, which depends on imports for around 85 percent of its oil requirements, the key concern is the impact of higher crude prices on inflation and economic growth," VK Vijayakumar, Chief Investment Strategist at Geojit Investments, said.

Iran carried out fresh strikes on several Gulf countries in retaliation for the joint attack by Israel and the US. The US and Israel also launched further strikes on Iran. The escalation has raised concerns over possible supply disruptions and higher crude oil prices.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

A financial journalist with over 10 years of experience, specialising in tracking stock market movements and fundamental developments that impact investors and the broader economy. A keen observer of global financial markets, I regularly engage with leading market voices to write stories. At Moneycontrol, I focus on decoding market trends, policy shifts and economic changes, driven by a constant passion to learn, analyse, and share knowledge with my readers.

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US-Iran tensions: BSE, MCX, other capital market stocks fall up to 4% as Sensex crashes 2,500 pts in two days

Shares of capital market-linked firms BSE, Multi Commodity Exchange (MCX) and Angel One fell up to 4 percent on Wednesday as benchmark indices extended losses amid escalating tensions between the US and Iran.

The Sensex plunged 1,700 points, or 2.24 percent, to hit an 11-month low of 78,443.2. The broader Nifty dropped 2.25 percent to a 10-month low of 24,305.4, tracking a weak global trend as rising hostilities in West Asia pushed crude oil prices higher.

Within the Nifty Capital Market index, BSE was among the top laggards, declining up to 4 percent. It was followed by Multi Commodity Exchange of India and Central Depository Services (India), which fell 2.3 percent and 2.93 percent, respectively.

All 15 constituents of the Nifty Capital Market index were trading in the red as the conflict in West Asia entered its fifth day, weighing on investor sentiment.

&quot;With the war escalating and crude oil rising, markets are entering a phase of heightened uncertainty. The duration of the conflict and the extent of the damage remain unclear. For India, which depends on imports for around 85 percent of its oil requirements, the key concern is the impact of higher crude prices on inflation and economic growth,&quot; VK Vijayakumar, Chief Investment Strategist at Geojit Investments, said.

Iran carried out fresh strikes on several Gulf countries in retaliation for the joint attack by Israel and the US. The US and Israel also launched further strikes on Iran. The escalation has raised concerns over possible supply disruptions and higher crude oil prices.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/natcopharma/NP07">Natco Pharma</a>’s share price rose more than 2 percent in the opening trade on March 4 after the company announced the launch of Pomalidomide Capsules in the US market.

At 09:24am,  Natco Pharma was quoting at Rs 981.00, up Rs 24.60, or 2.57 percent, on the BSE.

Natco Pharma, along with its partner Breckenridge Pharmaceutical, Inc., has launched Pomalidomide Capsules, a generic version of Pomalyst by Celgene, in the United States, according to the company’s exchange filing.

Pomalidomide Capsules, a thalidomide analogue, are indicated for the treatment of adult patients with multiple myeloma who have received at least two prior therapies, including lenalidomide and a proteasome inhibitor, and have demonstrated disease progression on or within 60 days of completion of the last therapy.

The drug is also approved for AIDS-related Kaposi sarcoma after failure of highly active antiretroviral therapy (HAART), as well as for HIV-negative adult patients with Kaposi sarcoma. The product is available in 1 mg, 2 mg, 3 mg and 4 mg strengths and is primarily distributed through specialty pharmacies and clinics.

“We are pleased to launch Pomalidomide Capsules in the US. This further strengthens our oncology and specialty portfolio in the US. The launch highlights our commitment to making specialty medicines accessible to patients worldwide. We look forward to bringing more complex and specialty products to the market in the coming years,” said Rajeev Nannapaneni, Vice Chairman and Chief Executive Officer of Natco Pharma.

<a href="https://www.moneycontrol.com/news/business/markets/sensex-today-stock-market-today-live-updates-liveblog-13850027.html">Catch all the market action on our live blog</a>

In February, Eris Lifesciences announced a strategic partnership with Natco Pharma for the commercialisation of Semaglutide in India.

In the previous trading session, the share closed at Rs 956.40, down Rs 31.90, or 3.23 percent. The share touched a 52-week high of Rs 1,059.60 and a 52-week low of Rs 660.05 on 24 July, 2025 and 07 April, 2025, respectively. Currently, the stock is trading 9.74 percent below its 52-week high and 44.9 percent above its 52-week low. The market capitalisation of the company stands at Rs 17,130.07 crore.

Natco Pharma shares rise 2% on Pomalidomide capsules launch in US

Natco Pharma’s share price rose more than 2 percent in the opening trade on March 4 after the company announced the launch of Pomalidomide Capsules in the US market.

At 09:24am,  Natco Pharma was quoting at Rs 981.00, up Rs 24.60, or 2.57 percent, on the BSE.

Natco Pharma, along with its partner Breckenridge Pharmaceutical, Inc., has launched Pomalidomide Capsules, a generic version of Pomalyst by Celgene, in the United States, according to the company’s exchange filing.

Pomalidomide Capsules, a thalidomide analogue, are indicated for the treatment of adult patients with multiple myeloma who have received at least two prior therapies, including lenalidomide and a proteasome inhibitor, and have demonstrated disease progression on or within 60 days of completion of the last therapy.

The drug is also approved for AIDS-related Kaposi sarcoma after failure of highly active antiretroviral therapy (HAART), as well as for HIV-negative adult patients with Kaposi sarcoma. The product is available in 1 mg, 2 mg, 3 mg and 4 mg strengths and is primarily distributed through specialty pharmacies and clinics.

“We are pleased to launch Pomalidomide Capsules in the US. This further strengthens our oncology and specialty portfolio in the US. The launch highlights our commitment to making specialty medicines accessible to patients worldwide. We look forward to bringing more complex and specialty products to the market in the coming years,” said Rajeev Nannapaneni, Vice Chairman and Chief Executive Officer of Natco Pharma.

Catch all the market action on our live blog

In February, Eris Lifesciences announced a strategic partnership with Natco Pharma for the commercialisation of Semaglutide in India.

In the previous trading session, the share closed at Rs 956.40, down Rs 31.90, or 3.23 percent. The share touched a 52-week high of Rs 1,059.60 and a 52-week low of Rs 660.05 on 24 July, 2025 and 07 April, 2025, respectively. Currently, the stock is trading 9.74 percent below its 52-week high and 44.9 percent above its 52-week low. The market capitalisation of the company stands at Rs 17,130.07 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/cipla/C">Cipla</a> announced plans to incorporate a joint venture company in India with biologics Contract Development and Manufacturing Organization (CDMO) Kemwell Biopharma.

At 09:24am, Cipla was quoting at Rs 1,332.20, down Rs 19.65, or 1.45 percent, on the BSE.

In a press release, the company said it has entered into a joint venture agreement with Kemwell Biopharma for the incorporation of a JV company in India.

The proposed entity will be a 60:40 joint venture between Cipla and Kemwell, with the partners initially investing up to ₹10 crore in the JV in their respective shareholding ratio.

At the time of incorporation, Cipla will subscribe to 6,000 shares of ₹10 each at par, amounting to ₹60,000.

The joint venture will undertake the business of developing, applying for and obtaining licenses for, and manufacturing, commercialising, importing and exporting biologic products. It will also engage in licensing or outsourcing any or all of such activities.

Kemwell is an Asia-based biologics CDMO offering end-to-end services for global biopharma clients. Its Bengaluru-based cGMP facility, certified by the USFDA, houses 5,000-litre bioreactor capacity, sterile fill–finish capabilities, and advanced development laboratories for protein therapeutics.

The company supports commercial manufacturing as well as R&amp;D and clinical programs for novel biologics and biosimilars.

<a href="https://www.moneycontrol.com/news/business/markets/sensex-today-stock-market-today-live-updates-liveblog-13850027.html">Catch all the market action on our live blog</a>

In another development, its wholly owned subsidiary, Cipla (EU) Limited, UK, has incorporated a new wholly owned subsidiary, ‘Cipla Middle East Company’, in the Kingdom of Saudi Arabia.

In the previous trading session, the share closed at Rs 1,351.85, up Rs 4.20, or 0.31 percent. The share touched a 52-week high of Rs 1,672.20 and a 52-week low of Rs 1,283.00 on 23 October, 2025 and 27 January, 2026, respectively. Currently, the stock is trading 19.16 percent below its 52-week high and 5.37 percent above its 52-week low. The market capitalisation stands of the company stands at Rs 109,199.83 crore.

Cipla to form JV with Kemwell Biopharma; share price down marginally

Cipla announced plans to incorporate a joint venture company in India with biologics Contract Development and Manufacturing Organization (CDMO) Kemwell Biopharma.

At 09:24am, Cipla was quoting at Rs 1,332.20, down Rs 19.65, or 1.45 percent, on the BSE.

In a press release, the company said it has entered into a joint venture agreement with Kemwell Biopharma for the incorporation of a JV company in India.

The proposed entity will be a 60:40 joint venture between Cipla and Kemwell, with the partners initially investing up to ₹10 crore in the JV in their respective shareholding ratio.

At the time of incorporation, Cipla will subscribe to 6,000 shares of ₹10 each at par, amounting to ₹60,000.

The joint venture will undertake the business of developing, applying for and obtaining licenses for, and manufacturing, commercialising, importing and exporting biologic products. It will also engage in licensing or outsourcing any or all of such activities.

Kemwell is an Asia-based biologics CDMO offering end-to-end services for global biopharma clients. Its Bengaluru-based cGMP facility, certified by the USFDA, houses 5,000-litre bioreactor capacity, sterile fill–finish capabilities, and advanced development laboratories for protein therapeutics.

The company supports commercial manufacturing as well as R&amp;amp;D and clinical programs for novel biologics and biosimilars.

Catch all the market action on our live blog

In another development, its wholly owned subsidiary, Cipla (EU) Limited, UK, has incorporated a new wholly owned subsidiary, ‘Cipla Middle East Company’, in the Kingdom of Saudi Arabia.

In the previous trading session, the share closed at Rs 1,351.85, up Rs 4.20, or 0.31 percent. The share touched a 52-week high of Rs 1,672.20 and a 52-week low of Rs 1,283.00 on 23 October, 2025 and 27 January, 2026, respectively. Currently, the stock is trading 19.16 percent below its 52-week high and 5.37 percent above its 52-week low. The market capitalisation stands of the company stands at Rs 109,199.83 crore.

Stocks in focus on March 4: Hindustan Aeronautics, Dabur, JSW Cement, Life, Lupin, Greenlam Indusries, Greenply Industries, Cipla, Tata Motors, Shalby, Dev Information

* Stocks in focus on March 4: Hindustan Aeronautics, Dabur, JSW Cement, Life, Lupin, Greenlam Indusries, Greenply Industries, Cipla, Tata Motors, Shalby, Dev Information

shorts/business/stocks-to-watch-today-hindustan-aeronautics-jsw-cement-affle-lupin-greenlam-greenply-tata-motors-natco-pharma-reva-diamonds-in-focus-on-4-march

Let's catch up on the latest news from the stock market. From significant investments to major deals, appointments, acquisitions, and order wins, here’s a quick look at which stocks will be in focus in today's trade:

Stocks to Watch

<a href="https://www.moneycontrol.com/india/stockpricequote/refineries/relianceindustries/RI">Reliance Industries</a>

Jio Platforms announced the appointment of Dan Bailey as President. He will lead the company’s international business initiatives. Based in London, Dan will report to Akash Ambani, Chairman of Reliance Jio Infocomm.

Dan will join the Executive Committee of Jio Platforms and will contribute more broadly across the business as well.

Most recently, he served as Chairman of Deutsche Bank’s highly regarded TMT practice.

<a href="https://www.moneycontrol.com/india/stockpricequote/aerospacedefence/hindustanaeronautics/HAL">Hindustan Aeronautics</a>

The Ministry of Defence has signed contracts worth Rs 5,083 crore for the acquisition of six Advanced Light Helicopters (ALH) Mk-III (Maritime Role) for the Indian Coast Guard and Surface-to-Air Vertical Launch – Shtil missiles for the Indian Navy.

The contract for ALH Mk-III (MR), along with operational role equipment, an engineering support package, and performance-based logistics support, valued at Rs 2,901 crore, has been inked with Hindustan Aeronautics.

The contract for the procurement of Surface-to-Air Vertical Launch – Shtil missiles and associated missile holding frames, valued at Rs 2,182 crore, has been signed with JSC Rosoboronexport, Russian Federation.

<a href="https://www.moneycontrol.com/india/stockpricequote/personal-care/daburindia/DI">Dabur India</a>

As part of the recently launched Dabur Ventures initiative, the company has signed a definitive agreement to acquire a minority stake in new-age luxury skincare D2C company RAS Beauty for Rs 60 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/cement/jswcement/JCL02">JSW Cement</a>

The company has been declared the preferred bidder for the mining lease of the Sikilangso Limestone Block (Part A &amp; Part B), Assam. The limestone blocks are spread over an area of 200 hectares each.

<a href="https://www.moneycontrol.com/india/stockpricequote/lifehealth-insurance/lifeinsurancecorporationindia/LIC09">Life Insurance Corporation of India</a>

The term of Sunil Agarwal, Chief Financial Officer, has been extended for a further period of one year till March 1, 2027.

<a href="https://www.moneycontrol.com/india/stockpricequote/it-servicesconsulting/affle3i/AI82">Affle 3i</a>

Anuj Kumar has resigned as the Non-Executive Director of the company, effective April 16, 2026. He has also resigned from all executive and non-executive roles in the subsidiaries and step-down subsidiaries (including his role as Director) of the company.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/lupin/L">Lupin</a>

The Goods &amp; Services Tax Department, Maharashtra, has concluded its inspection and search proceedings at the registered office of the company on March 2.

The company has provided all necessary information and documents, and no official communication with respect to any adverse findings has been issued by the GST Department.

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-nbfc/hdbfinancialservices/HFSL">HDB Financial Services</a>

Karthik Srinivasan has resigned as Chief Business Officer of the company, effective March 31, to pursue career opportunities outside the company.

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-carsjeeps/mahindramahindra/MM">Mahindra and Mahindra</a>

The company has received an advance payment for delivery of the order for 35,000 units. As of date, it has not received any further intimation or communication from Indonesia about the suspension of the order for the supply of vehicles.

On February 4, the company had bagged its biggest-ever export order of 35,000 units of LCVs from Indonesia.

<a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/greenlamindustries/GI31">Greenlam Indusries</a>

The Income Tax Department conducted a search at the registered office and its subsidiary Greenlam, as well as at two manufacturing units of the company.

The company fully cooperated with the officials of the Department and responded to the clarifications and details sought by them. The business operations of the company continued without any disruption despite the search.

<a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/greenplyindustries/GI19">Greenply Industries</a>

The Income Tax Department commenced search and seizure operations at the registered office and manufacturing unit of the company, as well as at the manufacturing unit of Greenply Sandila, along with the residence of the promoter and a few executives of the company, on February 26.

The search and seizure operations concluded on March 2.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/cipla/C">Cipla</a>

The company has entered into a 60:40 joint venture agreement with Kemwell Biopharma for the incorporation of a joint venture company in India. The joint venture will undertake the business of developing, applying for and obtaining licenses for, manufacturing, commercialising, importing, and exporting biologic products, and licensing or outsourcing any or all such activities.

<a href="https://www.moneycontrol.com/india/stockpricequote/coal/bharatcokingcoal/BCCL">Bharat Coking Coal</a>

Rajesh Kumar (Director – Finance) has been appointed as Chief Financial Officer (CFO) with immediate effect, in place of Shri M S Raju, GM (Finance).

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-general/capriglobalcapital/MMF05">Capri Global Capital</a>

Capri Loans has signed a partnership for Carbon Accounting Financials (PCAF) to enhance climate transparency and strengthen its sustainable finance framework.

As part of this engagement, Capri Loans will adopt the globally recognized PCAF methodology to measure and disclose financed emissions across its lending portfolio, reinforcing transparency and alignment with evolving global sustainability standards.

<a href="https://www.moneycontrol.com/india/stockpricequote/banks-public-sector/statebankindia/SBI">State Bank of India</a>

The contract period of Nitin Chugh, Deputy Managing Director &amp; Head (Digital Banking &amp; Transformation), concluded on March 3. Accordingly, he has been relieved from the services of the bank.

<a href="https://www.moneycontrol.com/india/stockpricequote/automobile-truckslcvs/tatamotors/TML02">Tata Motors</a>

While clarifying reports of Indonesia putting vehicle import orders on hold, the company said it has ascertained from PT Indonesia that media reports in Indonesia (reproduced in India) reflect a domestic policy discussion on imports and local manufacturing, not demand or execution risk of the order received.

“The order and advance we have received remain programme-driven, and we intend to begin supplies soon and complete deliveries in a phased manner as per our commitment,” it added.

On February 10, the company’s subsidiary, PT Tata Motors Distribusi Indonesia, entered into an agreement for the supply of 70,000 vehicles for deployment in Indonesia.

<a href="https://www.moneycontrol.com/india/stockpricequote/power-generationdistribution/powergridcorporationindia/PGC">Power Grid Corporation of India</a>

The Securities and Exchange Board of India (SEBI) has acceded to the said request and granted the relaxation sought by the company under certain LODR provisions.

Additionally, a Board meeting is scheduled on March 9 to consider the proposal for fundraising.

<a href="https://www.moneycontrol.com/india/stockpricequote/hospitalsmedical-services/shalby/SL18">Shalby</a>

The company has decided to discontinue SOCE operations at Rajkot and Lucknow, effective January 31 and February 15, respectively. However, its OPD will remain operational in both cities.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/natcopharma/NP07">Natco Pharma</a>

The company, along with its partner Breckenridge Pharmaceutical, Inc., announced the launch of Pomalidomide Capsules, a generic version of Pomalyst by Celgene, in the US market.

Pomalidomide Capsules, a thalidomide analogue, are indicated for the treatment of adult patients with multiple myeloma.

Pomalidomide Capsules had estimated sales of US$3.2 billion in the US for the 12 months ending September 2025, as per industry sales data.

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/persistentsystems/PS15">Persistent Systems</a>

The company’s step-down subsidiary, Persistent Telecom Solutions Inc., USA, has been merged into its wholly owned subsidiary, Persistent Systems Inc., USA, effective February 28.

The company received the Certificate of Merger issued by the Secretary of the State of Delaware on March 3.

<a href="https://www.moneycontrol.com/india/stockpricequote/infrastructure-general/adaniportsspecialeconomiczone/MPS">Adani Ports and Special Economic Zone</a>

During February, the company handled 42.5 MMT of total cargo, growing 16 percent year-on-year. The growth was led by containers (up 14 percent year-on-year) and dry cargo (up 15 percent year-on-year).

Logistics rail volume during the month stood at 52,101 TEUs (up 3 percent year-on-year), and GPWIS volume was at 1.7 MMT (down 8 percent year-on-year).

Bulk Deals

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/devinformationtechnology/DIT02">Dev Information Technology</a>

US-based Xduce Technologies bought an additional 51.25 lakh shares (equivalent to a 9.09 percent stake in paid-up equity) in Dev Information at Rs 23.33 per share, valued at Rs 11.95 crore.

On the contrary, promoters have offloaded a 9.03 percent stake in Dev Information Technology for Rs 11.86 crore. Pranav Niranjan Pandya sold 15 lakh shares at Rs 23.4 per share, Kruti Pranav Pandya offloaded 6.24 lakh shares at Rs 23.5 per share, and Jaimin Jagdishbhai Shah sold 29.64 lakh shares at Rs 23.25 per share.

As per the company’s disclosures dated January 3, Xduce Technologies had already picked up a 12.48 percent equity stake in Dev Information.

<a href="https://www.moneycontrol.com/india/stockpricequote/renewables/cleanmaxenviroenergysolutions/CMEESL">Clean Max Enviro Energy Solutions</a>

Citigroup Global Markets Mauritius sold 8.28 lakh shares (a 0.7 percent stake) in Clean Max Enviro Energy Solutions at Rs 846.72 per share, amounting to Rs 70.18 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/retailing/kiaasaretail/KRL">Kiaasa Retail</a>

Craft Emerging Market Fund PCC – Citadel Capital Fund has acquired 1.96 lakh shares in Kiaasa for Rs 2.41 crore, while Longthrive Capital VCC – Trendview Capital Fund and Brimming Wealth Advisors LLP each bought 1.2 lakh shares for Rs 1.47 crore. The buying price by these investors was Rs 123 per share.

<a href="https://www.moneycontrol.com/india/stockpricequote/transportlogistics/sicallogistics/SL15">Sical Logistics</a>

Porinju Veliyath’s Equity Intelligence India bought 2.35 lakh rights shares in Sical Logistics at Rs 0.91 per share, valued at Rs 2.13 lakh. However, Girish Gulati HUF sold 1.32 lakh rights shares at Rs 0.87 per share for Rs 1.15 lakh.

Mainboard Listing

PNGS Reva Diamond Jewellery

Stock Trades Ex-Dividend

Naperol Investments

Stock Trades Ex-Rights

Enbee Trade &amp; Finance

Stock in F&amp;O ban

Sammaan Capital

Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Stocks to Watch Today: Hindustan Aeronautics, JSW Cement, Affle, Lupin, Greenlam, Greenply, Tata Motors, Natco Pharma, Reva Diamonds in focus on 4 March

Let's catch up on the latest news from the stock market. From significant investments to major deals, appointments, acquisitions, and order wins, here’s a quick look at which stocks will be in focus in today's trade:

Stocks to Watch

Reliance Industries

Jio Platforms announced the appointment of Dan Bailey as President. He will lead the company’s international business initiatives. Based in London, Dan will report to Akash Ambani, Chairman of Reliance Jio Infocomm.

Dan will join the Executive Committee of Jio Platforms and will contribute more broadly across the business as well.

Most recently, he served as Chairman of Deutsche Bank’s highly regarded TMT practice.

Hindustan Aeronautics

The Ministry of Defence has signed contracts worth Rs 5,083 crore for the acquisition of six Advanced Light Helicopters (ALH) Mk-III (Maritime Role) for the Indian Coast Guard and Surface-to-Air Vertical Launch – Shtil missiles for the Indian Navy.

The contract for ALH Mk-III (MR), along with operational role equipment, an engineering support package, and performance-based logistics support, valued at Rs 2,901 crore, has been inked with Hindustan Aeronautics.

The contract for the procurement of Surface-to-Air Vertical Launch – Shtil missiles and associated missile holding frames, valued at Rs 2,182 crore, has been signed with JSC Rosoboronexport, Russian Federation.

Dabur India

As part of the recently launched Dabur Ventures initiative, the company has signed a definitive agreement to acquire a minority stake in new-age luxury skincare D2C company RAS Beauty for Rs 60 crore.

JSW Cement

The company has been declared the preferred bidder for the mining lease of the Sikilangso Limestone Block (Part A &amp;amp; Part B), Assam. The limestone blocks are spread over an area of 200 hectares each.

Life Insurance Corporation of India

The term of Sunil Agarwal, Chief Financial Officer, has been extended for a further period of one year till March 1, 2027.

Affle 3i

Anuj Kumar has resigned as the Non-Executive Director of the company, effective April 16, 2026. He has also resigned from all executive and non-executive roles in the subsidiaries and step-down subsidiaries (including his role as Director) of the company.

Lupin

The Goods &amp;amp; Services Tax Department, Maharashtra, has concluded its inspection and search proceedings at the registered office of the company on March 2.

The company has provided all necessary information and documents, and no official communication with respect to any adverse findings has been issued by the GST Department.

HDB Financial Services

Karthik Srinivasan has resigned as Chief Business Officer of the company, effective March 31, to pursue career opportunities outside the company.

Mahindra and Mahindra

The company has received an advance payment for delivery of the order for 35,000 units. As of date, it has not received any further intimation or communication from Indonesia about the suspension of the order for the supply of vehicles.

On February 4, the company had bagged its biggest-ever export order of 35,000 units of LCVs from Indonesia.

Greenlam Indusries

The Income Tax Department conducted a search at the registered office and its subsidiary Greenlam, as well as at two manufacturing units of the company.

The company fully cooperated with the officials of the Department and responded to the clarifications and details sought by them. The business operations of the company continued without any disruption despite the search.

Greenply Industries

The Income Tax Department commenced search and seizure operations at the registered office and manufacturing unit of the company, as well as at the manufacturing unit of Greenply Sandila, along with the residence of the promoter and a few executives of the company, on February 26.

The search and seizure operations concluded on March 2.

Cipla

The company has entered into a 60:40 joint venture agreement with Kemwell Biopharma for the incorporation of a joint venture company in India. The joint venture will undertake the business of developing, applying for and obtaining licenses for, manufacturing, commercialising, importing, and exporting biologic products, and licensing or outsourcing any or all such activities.

Bharat Coking Coal

Rajesh Kumar (Director – Finance) has been appointed as Chief Financial Officer (CFO) with immediate effect, in place of Shri M S Raju, GM (Finance).

Capri Global Capital

Capri Loans has signed a partnership for Carbon Accounting Financials (PCAF) to enhance climate transparency and strengthen its sustainable finance framework.

As part of this engagement, Capri Loans will adopt the globally recognized PCAF methodology to measure and disclose financed emissions across its lending portfolio, reinforcing transparency and alignment with evolving global sustainability standards.

State Bank of India

The contract period of Nitin Chugh, Deputy Managing Director &amp;amp; Head (Digital Banking &amp;amp; Transformation), concluded on March 3. Accordingly, he has been relieved from the services of the bank.

Tata Motors

While clarifying reports of Indonesia putting vehicle import orders on hold, the company said it has ascertained from PT Indonesia that media reports in Indonesia (reproduced in India) reflect a domestic policy discussion on imports and local manufacturing, not demand or execution risk of the order received.

“The order and advance we have received remain programme-driven, and we intend to begin supplies soon and complete deliveries in a phased manner as per our commitment,” it added.

On February 10, the company’s subsidiary, PT Tata Motors Distribusi Indonesia, entered into an agreement for the supply of 70,000 vehicles for deployment in Indonesia.

Power Grid Corporation of India

The Securities and Exchange Board of India (SEBI) has acceded to the said request and granted the relaxation sought by the company under certain LODR provisions.

Additionally, a Board meeting is scheduled on March 9 to consider the proposal for fundraising.

Shalby

The company has decided to discontinue SOCE operations at Rajkot and Lucknow, effective January 31 and February 15, respectively. However, its OPD will remain operational in both cities.

Natco Pharma

The company, along with its partner Breckenridge Pharmaceutical, Inc., announced the launch of Pomalidomide Capsules, a generic version of Pomalyst by Celgene, in the US market.

Pomalidomide Capsules, a thalidomide analogue, are indicated for the treatment of adult patients with multiple myeloma.

Pomalidomide Capsules had estimated sales of US$3.2 billion in the US for the 12 months ending September 2025, as per industry sales data.

Persistent Systems

The company’s step-down subsidiary, Persistent Telecom Solutions Inc., USA, has been merged into its wholly owned subsidiary, Persistent Systems Inc., USA, effective February 28.

The company received the Certificate of Merger issued by the Secretary of the State of Delaware on March 3.

Adani Ports and Special Economic Zone

During February, the company handled 42.5 MMT of total cargo, growing 16 percent year-on-year. The growth was led by containers (up 14 percent year-on-year) and dry cargo (up 15 percent year-on-year).

Logistics rail volume during the month stood at 52,101 TEUs (up 3 percent year-on-year), and GPWIS volume was at 1.7 MMT (down 8 percent year-on-year).

Bulk Deals

Dev Information Technology

US-based Xduce Technologies bought an additional 51.25 lakh shares (equivalent to a 9.09 percent stake in paid-up equity) in Dev Information at Rs 23.33 per share, valued at Rs 11.95 crore.

On the contrary, promoters have offloaded a 9.03 percent stake in Dev Information Technology for Rs 11.86 crore. Pranav Niranjan Pandya sold 15 lakh shares at Rs 23.4 per share, Kruti Pranav Pandya offloaded 6.24 lakh shares at Rs 23.5 per share, and Jaimin Jagdishbhai Shah sold 29.64 lakh shares at Rs 23.25 per share.

As per the company’s disclosures dated January 3, Xduce Technologies had already picked up a 12.48 percent equity stake in Dev Information.

Clean Max Enviro Energy Solutions

Citigroup Global Markets Mauritius sold 8.28 lakh shares (a 0.7 percent stake) in Clean Max Enviro Energy Solutions at Rs 846.72 per share, amounting to Rs 70.18 crore.

Kiaasa Retail

Craft Emerging Market Fund PCC – Citadel Capital Fund has acquired 1.96 lakh shares in Kiaasa for Rs 2.41 crore, while Longthrive Capital VCC – Trendview Capital Fund and Brimming Wealth Advisors LLP each bought 1.2 lakh shares for Rs 1.47 crore. The buying price by these investors was Rs 123 per share.

Sical Logistics

Porinju Veliyath’s Equity Intelligence India bought 2.35 lakh rights shares in Sical Logistics at Rs 0.91 per share, valued at Rs 2.13 lakh. However, Girish Gulati HUF sold 1.32 lakh rights shares at Rs 0.87 per share for Rs 1.15 lakh.

Mainboard Listing

PNGS Reva Diamond Jewellery

Stock Trades Ex-Dividend

Naperol Investments

Stock Trades Ex-Rights

Enbee Trade &amp;amp; Finance

Stock in F&amp;amp;O ban

Sammaan Capital

Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Xduce Technologies buys additional 9% stake in Dev Information Technology from promoters, Citigroup Global sells 0.7% stake in Clean Max Enviro Energy Solutions, Citadel Capital Fund, Trendview Capital Fund, Brimming Wealth Advisors pick up 2.4% stake in Kiaasa Retail

* Xduce Technologies buys additional 9% stake in Dev Information Technology from promoters
* Citigroup Global sells 0.7% stake in Clean Max Enviro Energy Solutions
* Citadel Capital Fund, Trendview Capital Fund, Brimming Wealth Advisors pick up 2.4% stake in Kiaasa Retail

shorts/business/xduce-technologies-buys-additional-9-stake-in-dev-information-technology-from-promoters

* Xduce Technologies buys additional 9% stake in Dev Information Technology from promoters
* Citigroup Global sells 0.7% stake in Clean Max Enviro Energy Solutions
* Citadel Capital Fund, Trendview Capital Fund, Brimming Wealth Advisors pick up 2.4% stake in Kiaasa Retail

US-based Xduce Technologies has acquired additional more than 9 percent equity stake in Dev Information Technology, the IT services company, from promoters via open market transactions on March 2.

Perhaps, in response to the deal, <a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/devinformationtechnology/DIT02">Dev Information Technology</a> shares rallied 3.75 percent to Rs 24.08 amid severe market correction. It has a market capitalisation of Rs 133 crore.

Xduce Technologies, the US-based app development and digital transformation company, has bought 51.25 lakh shares (equivalent to 9.09 percent of paid-up equity) in Dev Information at Rs 23.33 per share, valued at Rs 11.95 crore.

On the contrary, promoters have offloaded 9.03 percent stake in Dev Information Technology for Rs 11.86 crore. Pranav Niranjan Pandya sold 15 lakh shares at Rs 23.4 per share, Kruti Pranav Pandya offloaded 6.24 lakh shares at Rs 23.5 per share, and Jaimin Jagdishbhai Shah 29.64 lakh shares at Rs 23.25 per share.

As per the company's disclosures dated January 3, Xduce Technologies already picked up 12.48 percent equity stake in Dev Information. This follows the announcement of company's strategic alliance with XDuce to accelerate growth in North America and scale its global delivery capabilities across digital engineering, cloud, data, artificial intelligence, and cybersecurity.

Meanwhile, Citigroup Global Markets Mauritius sold 8.28 lakh shares (0.7 percent stake) in <a href="https://www.moneycontrol.com/india/stockpricequote/renewables/cleanmaxenviroenergysolutions/CMEESL">Clean Max Enviro Energy Solutions</a>, the renewable energy provider, at Rs 846.72 per share, amounting to Rs 70.18 crore. The stock plunged 17.62 percent to close at Rs 867.5 on its first trading day.

<a href="https://www.moneycontrol.com/india/stockpricequote/retailing/kiaasaretail/KRL">Kiaasa Retail</a> was also in focus, falling 8 percent to Rs 116.85. The correction seems to have been utilised by small institutional investors as they picked 2.39 percent stake in the women's ethnic wear brand.

Craft Emerging Market Fund PCC- Citadel Capital Fund has acquired 1.96 lakh shares in Kiaasa for Rs 2.41 crore, while Longthrive Capital VCC - Trendview Capital Fund and Brimming Wealth Advisors LLP each bought 1.2 lakh shares for Rs 1.47 crore. The buying price by these investors was Rs 123 per share.

Equity Intelligence India, the portfolio management owned by ace investor Porinju Veliyath, bought 2.35 lakh rights shares in <a href="https://www.moneycontrol.com/india/stockpricequote/transportlogistics/sicallogistics/SL15">Sical Logistics</a> at Rs 0.91 per share, valued at Rs 2.13 lakh. However, Girish Gulati HUF sold 1.32 lakh shares at Rs 0.87 per share for Rs 1.15 lakh.

<img class="alignnone size-full wp-image-13850000 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/03/20260303192000_Image2603032026.jpg" alt="Image2603032026" width="700" height="2412" />

Xduce Technologies buys additional 9% stake in Dev Information Technology from promoters

US-based Xduce Technologies has acquired additional more than 9 percent equity stake in Dev Information Technology, the IT services company, from promoters via open market transactions on March 2.

Perhaps, in response to the deal, Dev Information Technology shares rallied 3.75 percent to Rs 24.08 amid severe market correction. It has a market capitalisation of Rs 133 crore.

Xduce Technologies, the US-based app development and digital transformation company, has bought 51.25 lakh shares (equivalent to 9.09 percent of paid-up equity) in Dev Information at Rs 23.33 per share, valued at Rs 11.95 crore.

On the contrary, promoters have offloaded 9.03 percent stake in Dev Information Technology for Rs 11.86 crore. Pranav Niranjan Pandya sold 15 lakh shares at Rs 23.4 per share, Kruti Pranav Pandya offloaded 6.24 lakh shares at Rs 23.5 per share, and Jaimin Jagdishbhai Shah 29.64 lakh shares at Rs 23.25 per share.

As per the company's disclosures dated January 3, Xduce Technologies already picked up 12.48 percent equity stake in Dev Information. This follows the announcement of company's strategic alliance with XDuce to accelerate growth in North America and scale its global delivery capabilities across digital engineering, cloud, data, artificial intelligence, and cybersecurity.

Meanwhile, Citigroup Global Markets Mauritius sold 8.28 lakh shares (0.7 percent stake) in Clean Max Enviro Energy Solutions, the renewable energy provider, at Rs 846.72 per share, amounting to Rs 70.18 crore. The stock plunged 17.62 percent to close at Rs 867.5 on its first trading day.

Kiaasa Retail was also in focus, falling 8 percent to Rs 116.85. The correction seems to have been utilised by small institutional investors as they picked 2.39 percent stake in the women's ethnic wear brand.

Craft Emerging Market Fund PCC- Citadel Capital Fund has acquired 1.96 lakh shares in Kiaasa for Rs 2.41 crore, while Longthrive Capital VCC - Trendview Capital Fund and Brimming Wealth Advisors LLP each bought 1.2 lakh shares for Rs 1.47 crore. The buying price by these investors was Rs 123 per share.

Equity Intelligence India, the portfolio management owned by ace investor Porinju Veliyath, bought 2.35 lakh rights shares in Sical Logistics at Rs 0.91 per share, valued at Rs 2.13 lakh. However, Girish Gulati HUF sold 1.32 lakh shares at Rs 0.87 per share for Rs 1.15 lakh.

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Xduce Technologies buys additional 9% stake in Dev Information Technology from promoters

Airlines Industry StocksCheck latest stock performance, list of stocks, earnings review & more details about the Airlines industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q3 FY25-26

Stock News

US-Iran tensions: BSE, MCX, other capital market stocks fall up to 4% as Sensex crashes 2,500 pts in two days

Natco Pharma shares rise 2% on Pomalidomide capsules launch in US

Cipla to form JV with Kemwell Biopharma; share price down marginally

Stocks to Watch Today: Hindustan Aeronautics, JSW Cement, Affle, Lupin, Greenlam, Greenply, Tata Motors, Natco Pharma, Reva Diamonds in focus on 4 March

Xduce Technologies buys additional 9% stake in Dev Information Technology from promoters

Airlines Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Airlines industry stocks.