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Bank Nifty rose 2 percent, extending gains for a second session., HDFC Bank, AU Small Finance Bank, and IndusInd Bank led advances., Market sentiment improved as US-Iran tensions eased.

* Bank Nifty rose 2 percent, extending gains for a second session.
* HDFC Bank, AU Small Finance Bank, and IndusInd Bank led advances.
* Market sentiment improved as US-Iran tensions eased.

Bank Nifty rose 2% for a second day, rebounding after a 7% drop. Gains were led by AU Small Finance Bank, HDFC Bank, Union Bank, and IndusInd Bank. Improved sentiment followed easing US-Iran tensions and lower crude prices, triggering fresh buying.

shorts/business/bank-nifty-surges-for-2nd-day-amid-middle-east-peace-hopes-hdfc-bank-au-sfb-lead-gains-what-lies-ahead

The Bank Nifty extended its gains for a second straight session on Wednesday, rising 2 percent on value buying in banking shares.

The index had fallen over 7 percent in the previous three sessions before rebounding on Tuesday. With the latest advance, it has gained about 4.5 percent over the past two sessions.

Shares of HDFC Bank rose 2.1 percent, adding to the previous session’s 2.8 percent gain, after the lender tapped external law firms to review the former chairman’s resignation.

AU Small Finance Bank emerged as the top gainer in the index, rising 3.44 percent to Rs 907.7 per share on the NSE.

Union Bank of India and IndusInd Bank also advanced, gaining 3.1 percent and 3.94 percent, respectively.

Market sentiment improved following reports of easing tensions between the US and Iran, including a proposed ceasefire. The development led to a cooling in crude oil prices from elevated levels, easing concerns around inflation and global economic stability. This, in turn, triggered short covering and fresh buying in equities.
Outlook
Aakash Shah, Technical Research Analyst at Choice Equity Broking, said support is seen around 53,700–53,800, while resistance lies in the 54,300–54,400 range. He added that the RSI at 31.37 indicates the index is nearing oversold levels.

Sudeep Shah, Head of Technical and Derivatives Research at SBI Securities, said the 53,000–53,100 zone will act as immediate resistance for the index.

&quot;A sustained move above 53,100 could extend the pullback rally towards the 53,600 level in the near term. On the downside, the 52,200–52,100 zone is a crucial support region for Bank Nifty,&quot; he said.

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.

Bank Nifty surges 2.5% for 2nd day amid Middle East peace hopes; HDFC Bank, AU SFB lead gains: What lies ahead?

JM Financial maintains 'Buy' rating on Global Health Ltd., Stock corrected 30 percent in 6 months, seen as temporary., Medanta plans to expand beds to 6,382 by FY29 for growth.

* JM Financial maintains 'Buy' rating on Global Health Ltd.
* Stock corrected 30 percent in 6 months, seen as temporary.
* Medanta plans to expand beds to 6,382 by FY29 for growth.

JM Financial maintains a ‘Buy’ rating on Global Health Ltd (Medanta Hospitals) with a Rs 1,382 target, citing improved earnings, margin expansion, and reasonable valuation. Noida unit concerns are seen as temporary, with growth expected from domestic and other markets.

shorts/business/jm-financial-maintains-buy-on-medanta-sets-target-price-higher-by-42-at-rs-1-382

JM Financial has maintained a ‘Buy’ rating on Global Health Ltd, operating Medanta Hospitals, with a target price of Rs 1,382, up 42 percent from current price, citing improving earnings visibility, margin expansion tailwinds and a more reasonable valuation backdrop.

The brokerage noted that the stock has corrected around 30 percent over the past six months and about 15 percent in the last month, driven by concerns around the Noida greenfield unit and geopolitical tensions in the Middle East. However, it said these factors are transitory and likely to normalise over the coming quarters.

Medanta is currently trading at 21x FY27E EBITDA, implying a 25 percent discount to its historical average. The brokerage highlighted that the company has limited exposure of around 2 percent of sales to Middle East patients, which can be offset by incremental domestic demand and inflows from other geographies.

Operationally, JM Financial said the company remains on a steady growth trajectory, supported by strong performance at its core Gurugram facility and improving network occupancy, which is trending toward 60 percent as newer assets ramp up.

The brokerage also pointed to Medanta’s strong positioning in quaternary care, which continues to support robust average revenue per patient (ARPP), comparable to peers such as Max. The company is also expanding capacity, with plans to scale to around 6,382 beds by FY29 from 3,579 currently, which is expected to drive operating leverage and EBITDA expansion.

JM Financial expects the company to deliver revenue, EBITDA and profit after tax CAGR of 14 percent, 26 percent and 32 percent, respectively, over FY26–FY28.

On the Noida facility, the brokerage said performance in Q3FY26 was broadly in line, with revenue of Rs 343 crore and an EBITDA loss of around Rs 32 crore, indicating that losses are likely near their peak. The facility added 102 beds during the quarter, taking the total to 328 beds, along with the commissioning of additional operating theatres.

Doctor onboarding has progressed well, with around 220 consultants hired and most key positions filled, although some specialties are yet to be operational. Revenue momentum improved through December and has sustained post-quarter, supported by gradual activation of key specialties.

JM Financial said visibility on the Noida ramp-up is improving, supported by the completion of the NABH audit and faster empanelments, with meaningful contributions expected from February 2026. Occupancy is expected to scale up steadily and align with company-level benchmarks over time.

The brokerage added that oncology infrastructure is largely in place, with radiation therapy expected to commence soon, which should support improvement in case mix. It also highlighted that the upcoming Jewar airport could act as a structural demand driver through incremental medical value travel inflows over the medium term.

JM Financial maintains ‘Buy’ on Medanta; sets target price higher by 42% at Rs 1,382

Ceigall India share price rose more than 3 percent in the opening trade on March 25 following the company bagged two orders worth Rs 297 crore from Purvah Green Power to be executed in the State of Andhra Pradesh.

At 09:18am, Ceigall India was quoting at Rs 273.95, up Rs 8.95, or 3.38 percent, on the BSE.

The company bagged an order of Rs 119.96 crore for supply, transportation, erection including civil work on turnkey basis for a 220 kV transmission line including the right of way and statutory approvals.

Also, it received construction works of Rs 177.93 crore for balance of plant for the 300.3 MW hybrid (wind) power project in Ralla A.P (Project) comprising 91 wind turbine generators (WTGs), including construction, completion, and testing of the WTG foundations and the access roads and pathways.

Both these order is to be executed in 10 months.

Catch all the market action on our live blog

The company's arm Ceigall Infra Projects' tender worth Rs 207 crore from Punjab Infrastructure Development Board gets cancelled due to administrative reasons.

Earlier, in this month, the National Highways Authority of India has awarded a contract worth Rs 603 crore to company's subsidiary Ceigall Infra Projects.

Also, said subsidiary emerged as lowest bidder for two tenders of Rs 207 crore of Punjab Infrastructure Development Board and company's JV with Rajinder Infrastructure bagged Rs 274.08 crore contract from Ministry of Road Transport and Highways.

In the previous trading session, the share closed at Rs 265.00, up Rs 1.60, or 0.61 percent.

The share touched a 52-week high of Rs 308.30 and a 52-week low of Rs 223.00 on 10 February, 2026 and 09 December, 2025, respectively.

Currently, the stock is trading 14.04 percent below its 52-week high and 18.83 percent above its 52-week low.

The market capitalisation of the company stands at Rs 4,616.43 crore.

Ceigall India shares rise 3% on orders win worth Rs 297 crore

Waaree Energies share price rose nearly 2 percent in the opening trade  on March 25 after its board approved capital expenditure for glass manufacturing plant and decided to increase its stake in a subsidiary.

At 09:18a, Waaree Energies was quoting at Rs 3,140.25, up Rs 54.40, or 1.76 percent, on the BSE.

The board of directors of the company at its meeting held on March 24 approved the acquisition of additional equity stake in its subsidiary, Waaree Transpower from 64.04% to 75.10% of the paid-up equity share capital of Waaree Transpower.

The boars also approved capital expenditure amounting to Rs 3900 crore for glass manufacturing plant in its wholly owned subsidiary Waaree Green Glass for a capacity of 2500 TPD.

The capex will be funded by mix of debt and internal accruals.

Catch all market action in our live blog

In the previous trading session, the share closed at Rs 3,085.85, up Rs 22.70, or 0.74 percent.

The share touched a 52-week high of Rs 3,864.40 and a 52-week low of Rs 1,808.65 on 12 September, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 20.15 percent below its 52-week high and 70.62 percent above its 52-week low.

The market capitalisation of the company stands at Rs 88,761.67 crore.

Waaree Energies shares gain on Rs 3,900cr capex approval for glass manufacturing arm

Stocks in Focus, March 25: Sanathan Textiles, Ceigall India, JB Chemicals, Waaree Energies, NTPC Green Energy, Nitco, Aequs, Rashi Peripherals, Jupiter Infomedia

* Stocks in Focus, March 25: Sanathan Textiles, Ceigall India, JB Chemicals, Waaree Energies, NTPC Green Energy, Nitco, Aequs, Rashi Peripherals, Jupiter Infomedia

shorts/business/stocks-to-watch-today-sanathan-textiles-welspun-corp-ceigall-jb-chemicals-waaree-energies-ntpc-green-energy-aequs-novus-loyalty-in-focus-on-25-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

Sanathan Textiles

The company’s subsidiary, Sanathan Polycot, has entered into a Share Subscription and Shareholders’ Agreement, along with a Power Supply and Consumption Agreement (PSCA), to acquire a 26 percent stake in Serentica Renewables India 33 Private Limited, a subsidiary of Serentica Renewables India. The investment is aimed at sourcing renewable power as a captive consumer for a contracted capacity of 32 MW.

Welspun Corp

Welspun Pipes Inc., USA (WPI), will acquire a 22 percent stake in East Pipes Integrated Company for Industry (EPIC) from Welspun Mauritius Holdings (WMHL) for SAR 979.90 million.

WPI and WMHL are wholly owned subsidiaries of the company.

The transaction has been executed and completed on the Tadawul Stock Exchange, where EPIC shares are listed.

Upon completion, EPIC, which is currently an associate company of WMHL, will become an associate company of WPI.

Ceigall India

The company has received two work orders worth Rs 298 crore from Purvah Green Power, to be executed in Andhra Pradesh.

Additionally, a tender worth Rs 207 crore, won by the company’s subsidiary Ceigall Infra Projects from the Punjab Infrastructure Development Board, has been cancelled due to administrative reasons.

JB Chemicals &amp;amp; Pharmaceuticals

Shareholders have approved the appointment of Aman Mehta as Managing Director of the company, effective January 21, 2026.

Thomas Cook India

The Board has approved the execution of a Supplemental Agreement to the Share Subscription-cum-Joint Venture Agreement with Atirath Technologies for investing in the joint venture company, Indian Horizon Marketing Services, to co-develop a Travel AI platform.

Thomas Cook India will continue to hold a 50 percent stake in the joint venture, while the remaining 50 percent will be held by Atirath.

Waaree Energies

The Board has approved an increase in the company’s equity stake in its subsidiary, Waaree Transpower, from 64.04 percent to 75.10 percent.

Additionally, the Board has approved capital expenditure of Rs 3,900 crore for a glass manufacturing plant in its wholly owned subsidiary, Waaree Green Glass, with a capacity of 2,500 TPD. The capex will be funded through a mix of debt and internal accruals.

NTPC Green Energy

The company has signed a Memorandum of Understanding (MoU) with Nxtra Data for the development of renewable energy projects to supply round-the-clock (RTC) renewable energy power to Nxtra Datacenters on a pan-India basis for captive consumption.

TVS Motor Company

TVS Motor has received Board approval for the payment of an interim dividend of Rs 12 per share.

Nitco

Bikash Jain has resigned as Chief Financial Officer (CFO) and Key Managerial Personnel of the company, effective March 31.

Aequs

Dinesh Iyer has resigned as Chief Financial Officer of the company, effective June 30, 2026.

Bosch Home Comfort India

The Board has appointed Rishi Mehta as Executive Director and Chief Financial Officer of the company, effective April 1.

Natco Pharma

The Board has approved a scheme of arrangement between the company and Natco Crop Health Sciences. The appointed date under the scheme is October 1, 2026.

Additionally, the Board has approved the incorporation of a wholly owned subsidiary in Nigeria, with an investment of up to US$0.1 million, to be named Natco Pharma Nigeria.

Further, the Board has approved the liquidation of the company’s Australian subsidiary, Natco Pharma Australia Pty Ltd.

Bharat Petroleum Corporation

NeuEN Green Energy, a 50:50 joint venture between Bharat Petroleum Corporation and Sembcorp Green Hydrogen India (a wholly owned subsidiary of Sembcorp Industries), has secured a contract to supply 10,000 tonnes per annum (10 KTPA) of green hydrogen to Numaligarh Refinery (NRL).

Additionally, BPCL has commissioned its second-generation bioethanol refinery at Bargarh.

ICICI Prudential Life Insurance

The company has received an order from the Assistant Commissioner of Income Tax, Mumbai, demanding income tax of Rs 391 crore for AY 2024–25.

New India Assurance Company

The company has received an income tax demand of Rs 189.37 crore for AY 2023–24 from the Income Tax Department.

HDFC Life Insurance Company

The company has received a tax order of Rs 126.46 crore and a penalty of Rs 45.55 crore for AY 2023–24 from the Assistant Commissioner of Income Tax, Mumbai.

Tata Steel

The company has acquired 178.57 crore shares worth up to US$180 million (Rs 1,680.27 crore) in its subsidiary, Tata Steel Holdings.

Bulk &amp;amp; Block Deals

Rashi Peripherals

ICICI Prudential Mutual Fund sold 8.62 lakh shares (1.3 percent stake) in Rashi Peripherals at Rs 345.09 per share, valued at Rs 29.78 crore. The asset management firm, through ICICI Prudential Technology Fund, held a 1.34 percent stake in the company as of December 2025.

However, L7 Securities has acquired 8.16 lakh shares (1.23 percent stake) at Rs 345.04 per share for Rs 28.17 crore.

Jupiter Infomedia

Promoter Umesh Modi sold 4 lakh shares (3.99 percent stake) in Jupiter Infomedia for Rs 2.02 crore at Rs 50.5 per share.

However, Shivaan Capitalnest Advisors acquired 1.99 lakh shares (1.98 percent stake) at Rs 50.5 per share, valued at Rs 1 crore, while Daizy Wealthedge Advisors bought 2.03 lakh shares (2.03 percent stake) at Rs 50.49 per share for Rs 1.02 crore.

Jindal Poly Films

Investor Seetha Kumari pared half of her stake in the company, offloading 10.54 lakh shares (2.4 percent stake) for Rs 93.6 crore.

Subham Buildwell, Monet Securities, and Subham Capital were the buyers of the 2.4 percent stake. The transaction was executed at Rs 888 per share.

Raajmarg Infra Investment Trust

HDFC Mutual Fund acquired 35.08 lakh units in the infrastructure investment trust at Rs 106.35 per unit, amounting to Rs 37.31 crore.

However, Morgan Stanley Asia Singapore sold 73.15 lakh units at Rs 106.44 per unit, valued at Rs 77.86 crore.

SME Listing

Novus Loyalty

Stock Trades Ex-Dividend

Gujarat Intrux

Stocks Trade Ex-Date for Income Distribution

Digital Fibre Infrastructure Trust
Intelligent Supply Chain Infrastructure Trust

Stocks Trade Ex-Date for Split

Manbro Industries
V2 Retail

Stock Trades Ex-Date for Rights

Regal Entertainment &amp;amp; Consultants

Stocks in F&amp;amp;O ban

SAIL
Sammaan Capital

Stocks to Watch Today: Sanathan Textiles, Welspun Corp, Ceigall, JB Chemicals, Waaree Energies, NTPC Green Energy, Aequs, Novus Loyalty in focus on 25 March

Telecommunication - Service Provider Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Telecommunication - Service Provider industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q3 FY25-26

Stock News

Bank Nifty surges 2.5% for 2nd day amid Middle East peace hopes; HDFC Bank, AU SFB lead gains: What lies ahead?

JM Financial maintains ‘Buy’ on Medanta; sets target price higher by 42% at Rs 1,382

Ceigall India shares rise 3% on orders win worth Rs 297 crore

Waaree Energies shares gain on Rs 3,900cr capex approval for glass manufacturing arm

Stocks to Watch Today: Sanathan Textiles, Welspun Corp, Ceigall, JB Chemicals, Waaree Energies, NTPC Green Energy, Aequs, Novus Loyalty in focus on 25 March

Telecommunication - Service Provider Industry StocksCheck latest stock performance, list of stocks, earnings review & more details about the Telecommunication - Service Provider industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q3 FY25-26

Stock News

Bank Nifty surges 2.5% for 2nd day amid Middle East peace hopes; HDFC Bank, AU SFB lead gains: What lies ahead?

JM Financial maintains ‘Buy’ on Medanta; sets target price higher by 42% at Rs 1,382

Ceigall India shares rise 3% on orders win worth Rs 297 crore

Waaree Energies shares gain on Rs 3,900cr capex approval for glass manufacturing arm

Stocks to Watch Today: Sanathan Textiles, Welspun Corp, Ceigall, JB Chemicals, Waaree Energies, NTPC Green Energy, Aequs, Novus Loyalty in focus on 25 March

Telecommunication - Service Provider Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Telecommunication - Service Provider industry stocks.