< -5%

-5% to -3%

-3% to 0%

Rama Telecom

Bondada Eng

0% to 3%

Kore Digital

Akanksha Power

KPIL

3% to 5%

<a href="https://www.moneycontrol.com/india/stockpricequote/renewables/waareerenewabletechnologies/SA04">Waaree Renewable Technologies</a> share price gained 4 percent in the opening trade on March 11 after the company signed a contract for the execution of engineering, procurement and construction (EPC) works of ground mount solar PV plant of 300MWac/420MWp.

The project is scheduled to be completed during the financial year 2027-28.

At 09:19am, Waaree Renewable Technologies was quoting at Rs 833, up Rs 34.65, or 4.34 percent, on the BSE.

<a href="https://www.moneycontrol.com/news/business/markets/sensex-today-stock-market-live-updates-nifty50-share-price-crude-fii-gift-nifty-rupee-latest-updates-11-03-2026-liveblog-13856526.html">Catch all the market action on our live blog</a>

In the month of January, the company has signed contract for the execution of EPC works of Ground Mount Solar PV Plant in Uttar Pradesh of 10MWac/14MWp on a turnkey basis worth Rs 37.96 crore.

In the previous trading session, the share closed at Rs 798.35, up Rs 4.25, or 0.54 percent.

The share touched a 52-week high of Rs 1,358.50 and a 52-week low of Rs 732.05 on 27 October, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 41.23 percent below its 52-week high and 9.06 percent above its 52-week low.

The market capitalisation of the company stands at Rs 8,330.45 crore.

Ownership, Material Conflicts of Interest and Disciplinary History

MCD is a wholly owned subsidiary of Network 18 Media & Investments Ltd ("Network18"), in which Independent Media Trust (IMT) holds 56.89% stake. Reliance Industries Limited ("RIL") is the sole beneficiary of IMT. Network18 and RIL and their subsidiaries, joint ventures and associates can be considered as associates of MCD.

Details of Associate

Receipt of Compensation

Third-Party Compensation

Employment History

Market-Making Activities

Use of Artificial Intelligence

Waaree Renewable shares gain 4% on signing EPC contract for 300 MW solar PV plant

Waaree Renewable Technologies share price gained 4 percent in the opening trade on March 11 after the company signed a contract for the execution of engineering, procurement and construction (EPC) works of ground mount solar PV plant of 300MWac/420MWp.

The project is scheduled to be completed during the financial year 2027-28.

At 09:19am, Waaree Renewable Technologies was quoting at Rs 833, up Rs 34.65, or 4.34 percent, on the BSE.

Catch all the market action on our live blog

In the month of January, the company has signed contract for the execution of EPC works of Ground Mount Solar PV Plant in Uttar Pradesh of 10MWac/14MWp on a turnkey basis worth Rs 37.96 crore.

In the previous trading session, the share closed at Rs 798.35, up Rs 4.25, or 0.54 percent.

The share touched a 52-week high of Rs 1,358.50 and a 52-week low of Rs 732.05 on 27 October, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 41.23 percent below its 52-week high and 9.06 percent above its 52-week low.

The market capitalisation of the company stands at Rs 8,330.45 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/infrastructure/hginfraengineering/HIE">HG Infra Engineering</a> share price rose 8 percent in the opening trade on March 11 following the company won an order worth Rs 401.33 crore from Anuppur Thermal Energy.

At 09:17am, HG Infra Engineering was quoting at Rs 531.35, up Rs 40.90, or 8.34 percent, on the BSE.

HG Infra Engineering has received an order from Anuppur Thermal Energy (MP) in the state of Madhya Pradesh for the execution of civil (earthwork, bridges, and Station buildings), and P-way works for development of railway infrastructure at 2x800 MW Thermal Power Project at Anuppur, Madhya Pradesh.

The completion period for the said project is 18 months.

<a href="https://www.moneycontrol.com/news/business/markets/sensex-today-stock-market-live-updates-nifty50-share-price-crude-fii-gift-nifty-rupee-latest-updates-11-03-2026-liveblog-13856526.html">Catch all the market action on our live blog</a>

In the month of February, the company received Letter of Award (LOA) from National Highways Authority of India (NHAI) of Rs 1,827.33 crore.

In the previous trading session, the share closed at Rs 490.45, up Rs 8.95, or 1.86 percent.

The share touched a 52-week high of Rs 1,272.10 and a 52-week low of Rs 471.45 on 20 May, 2025 and 09 March, 2026, respectively.

Currently, the stock is trading 61.45 percent below its 52-week high and 4.03 percent above its 52-week low.

The market capitalisation of the company stands at Rs 3,196.32 crore.

HG Infra Engineering shares rise 8% on winning order of Rs 401 crore

HG Infra Engineering share price rose 8 percent in the opening trade on March 11 following the company won an order worth Rs 401.33 crore from Anuppur Thermal Energy.

At 09:17am, HG Infra Engineering was quoting at Rs 531.35, up Rs 40.90, or 8.34 percent, on the BSE.

HG Infra Engineering has received an order from Anuppur Thermal Energy (MP) in the state of Madhya Pradesh for the execution of civil (earthwork, bridges, and Station buildings), and P-way works for development of railway infrastructure at 2x800 MW Thermal Power Project at Anuppur, Madhya Pradesh.

The completion period for the said project is 18 months.

Catch all the market action on our live blog

In the month of February, the company received Letter of Award (LOA) from National Highways Authority of India (NHAI) of Rs 1,827.33 crore.

In the previous trading session, the share closed at Rs 490.45, up Rs 8.95, or 1.86 percent.

The share touched a 52-week high of Rs 1,272.10 and a 52-week low of Rs 471.45 on 20 May, 2025 and 09 March, 2026, respectively.

Currently, the stock is trading 61.45 percent below its 52-week high and 4.03 percent above its 52-week low.

The market capitalisation of the company stands at Rs 3,196.32 crore.

Stocks in Focus on March 10: SEDEMAC Mechatronics, VIP Industries, Tips Music, Kirloskar Oil Engines, Brigade Enterprises, TVS Supply Chain Solutions, Apollo Pipes, InterGlobe Aviation

* Stocks in Focus on March 10: SEDEMAC Mechatronics, VIP Industries, Tips Music, Kirloskar Oil Engines, Brigade Enterprises, TVS Supply Chain Solutions, Apollo Pipes, InterGlobe Aviation

shorts/business/stocks-to-watch-today-infosys-waaree-renewable-hg-infra-interglobe-aviation-tvs-supply-chain-brigade-apollo-pipes-arvind-smartspaces-in-focus-on-11-march

Let's catch up on the latest news from the stock market. From significant investments to major deals, acquisitions, appointments, 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/computers-software/infosys/IT">Infosys</a>

The digital services and consulting company has announced a new strategic collaboration with Incora to advance the use of artificial intelligence across Incora’s global supply chain operations.

Through the multi-year alliance, Incora, a leading provider of supply chain solutions in the aerospace and defense industry, will work closely with Infosys to implement AI-enabled capabilities supporting operations across more than 60 countries.

<a href="https://www.moneycontrol.com/india/stockpricequote/renewables/waareerenewabletechnologies/SA04">Waaree Renewable Technologies</a>

The company has signed a contract for the execution of engineering, procurement, and construction (EPC) works for a ground-mounted solar PV plant of 300 MWac / 420 MWp.

The project is scheduled to be completed during FY 2027–28.

<a href="https://www.moneycontrol.com/india/stockpricequote/infrastructure-general/arvindsmartspaces/AI72">Arvind SmartSpaces</a>

The company has acquired a new residential high-rise project in Whitefield, with a total estimated saleable area of around 2.5 lakh square feet and a topline potential of around Rs 330 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-investments/adityabirlacapital/ABC9">Aditya Birla Capital</a>

The company has invested Rs 750 crore on a rights basis in the equity shares of Aditya Birla Housing Finance.

Following the investment, there is no change in the shareholding percentage, and Aditya Birla Housing Finance continues to be a wholly owned subsidiary of the company.

Additionally, the company has allotted 30,000 non-convertible debentures (NCDs) worth Rs 300 crore, 250 NCDs worth Rs 25 crore, and 4,300 NCDs worth Rs 430 crore on a private placement basis to multiple investors.

<a href="https://www.moneycontrol.com/india/stockpricequote/electric-equipment/waareeenergies/WEL01">Waaree Energies</a>

The company's subsidiary Waaree Solar Americas Inc has entered into a Share Subscription Agreement with United Solar Holdings Inc for the subscription of approximately 53,68,551 Series B preferred shares of USH for $30 million.

<a href="https://www.moneycontrol.com/india/stockpricequote/banks-public-sector/centralbankindia/CBO01">Central Bank of India</a>

The bank has renewed its co-lending partnership with Capri Global Capital to offer loans at competitive rates.

The participation of both entities in this arrangement will lead to greater portfolio expansion for Central Bank of India and Capri Global Capital.

<a href="https://www.moneycontrol.com/india/stockpricequote/metals-non-ferrous/hindustanzinc/HZ">Hindustan Zinc</a>

The company has signed a Memorandum of Understanding (MoU) with CMR Green Technologies, India’s leading non-ferrous recycling company, to establish a zinc alloy manufacturing facility at Zinc Park.

This is the second major partnership for Zinc Park, following Hindustan Zinc’s earlier MoU with Tripura Group.

<a href="https://www.moneycontrol.com/india/stockpricequote/trading/adanienterprises/AE13">Adani Enterprises</a>

The company's subsidiary Adani Road Transport has completed the acquisition of the remaining 49% equity shares of D P Jain TOT Toll Roads, along with 100% optionally convertible redeemable preference shares.

With this acquisition, DPJ TOT has become a wholly owned subsidiary of Adani Road Transport.

<a href="https://www.moneycontrol.com/india/stockpricequote/banks-public-sector/bankbaroda/BOB">Bank of Baroda</a>

The PSU bank has kept its Marginal Cost of Funds Based Lending Rate (MCLR) unchanged for all tenures, effective March 12:

<a href="https://www.moneycontrol.com/india/stockpricequote/infrastructure/hginfraengineering/HIE">HG Infra Engineering</a>

The company has received an order worth Rs 401.33 crore from Anuppur Thermal Energy in Anuppur.

The order involves the execution of civil and P-way works for the development of railway infrastructure at the 2×800 MW Thermal Power Project in Anuppur.

<a href="https://www.moneycontrol.com/india/stockpricequote/cables-powerothers/polycabindia/PI44">Polycab India</a>

The Income Tax Authority has reduced the tax demand against Polycab India to Rs 57.58 crore, down from Rs 327.47 crore, for the Assessment Year 2024–25.

<a href="https://www.moneycontrol.com/india/stockpricequote/transportlogistics/interglobeaviation/IA04">InterGlobe Aviation</a>

Pieter Elbers has resigned as Chief Executive Officer, effective March 10.

Rahul Bhatia, Managing Director, will assume management responsibilities on an interim basis.

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-lcvshcvs/eichermotors/EM">Eicher Motors</a>

VE Commercial Vehicles has announced the appointment of B Srinivas as the new Managing Director &amp; CEO, effective April 1.

Following this change, Vinod Aggarwal, Vice Chairman of Eicher Motors, will be appointed Chairman of the Board at VECV as EML’s nominee. He will step down from his role as MD &amp; CEO to take over from Sofia Frändberg, who completes her three-year term as Chairperson and nominee of AB Volvo.

Sofia Frändberg will continue to serve on the Board of VECV.

<a href="https://www.moneycontrol.com/india/stockpricequote/banks-public-sector/ucobank/UCO">UCO Bank</a>

The bank has kept its Marginal Cost of Funds Based Lending Rate (MCLR) unchanged for all tenures, effective March 10.

<a href="https://www.moneycontrol.com/india/stockpricequote/householdpersonal-products/vipindustries/VIP">VIP Industries</a>

The Board has approved the appointment of Rahul Poddar as Chief Financial Officer (CFO) and Key Managerial Personnel, effective March 11.

Manish Desai has relinquished his position as CFO and KMP, effective March 10, and will assume a new role within the organisation.

<a href="https://www.moneycontrol.com/india/stockpricequote/film-production-distributionentertainment/tipsmusic/TI25">Tips Music</a>

Hari Nair has resigned as Chief Executive Officer, effective April 30, 2026, to pursue new opportunities.

Girish Taurani, Executive Director, and Sushant Dalmia, Chief Financial Officer, will jointly take over Nair’s responsibilities.

The company has initiated the process to identify and appoint a new CEO.

<a href="https://www.moneycontrol.com/india/stockpricequote/engines/kirloskaroilengines/KOE03">Kirloskar Oil Engines</a>

Atul Kirloskar will retire as Chairman of the Board on March 31, 2026, upon reaching the retirement age of 70 years.

The Board has appointed Rahul Kirloskar as Chairperson, and Gauri Kirloskar as Vice Chairperson, while continuing as Managing Director.

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-real-estate/brigadeenterprises/BE08">Brigade Enterprises</a>

Brigade Group has announced its entry into industrial real estate with the launch of Brigade Industrial Park, a 25-acre industrial development in Devanahalli.

The development will offer approximately 2 million square feet of leasable space.

<a href="https://www.moneycontrol.com/india/stockpricequote/logistics/tvssupplychainsolutions/TSC03">TVS Supply Chain Solutions</a>

The company is strengthening Caterpillar’s global supply chains from India by establishing a 40,000 sq ft warehousing facility at the Free Trade and Warehousing Zone (FTWZ) in Mannur village.

The facility will enable parts procurement from multiple countries and support Caterpillar’s manufacturing operations.

Bulk and Block Deals

<a href="https://www.moneycontrol.com/india/stockpricequote/plastics/apollopipes/ALF02">Apollo Pipes</a>

Bandhan Mutual Fund, through Bandhan ELSS Tax Saver Fund, has exited Apollo Pipes by selling its entire 5 lakh shares (1.14% stake) for Rs 20.16 crore. The 2.5 lakh shares were sold at Rs 395.7 per share, and 2.5 lakh shares at Rs 410.72 per share.

<a href="https://www.moneycontrol.com/india/stockpricequote/commodity-chemicals/styrenixperformancematerials/INE01">Styrenix Performance Materials</a>

Motilal Oswal Mutual Fund has offloaded 4.17 lakh shares (2.37% stake) in Styrenix Performance Materials for Rs 78.58 crore. The selling price was Rs 1,884 per share.

<a href="https://www.moneycontrol.com/india/stockpricequote/software/nazaratechnologies/NT">Nazara Technologies</a>

Morgan Stanley Asia Singapore has acquired 28.85 lakh shares (0.77% stake) in Nazara Technologies from Think India Opportunities Master Fund LP for Rs 69.18 crore.

The shares were exchanged at a price of Rs 239.8 per share.

As of December 2025, the Cayman Islands-domiciled foreign portfolio investor Think India Opportunities Master Fund held a 2.52% stake in Nazara.

Mainboard Listing

SEDEMAC Mechatronics

Stocks Trade Ex-Dividend

SBI Cards and Payment Services
Balmer Lawrie &amp; Company
Mangalore Refinery and Petrochemicals

Stocks Trade Ex-Date for Rights

BCC Fuba India
Prabha Energy

Stocks in F&amp;O ban

SAIL
Sammaan Capital

Stocks to Watch Today: Infosys, Waaree Renewable, HG Infra, InterGlobe Aviation, TVS Supply Chain, Brigade, SEDEMAC, Arvind SmartSpaces in focus on 11 March

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

Stocks to Watch

Infosys

The digital services and consulting company has announced a new strategic collaboration with Incora to advance the use of artificial intelligence across Incora’s global supply chain operations.

Through the multi-year alliance, Incora, a leading provider of supply chain solutions in the aerospace and defense industry, will work closely with Infosys to implement AI-enabled capabilities supporting operations across more than 60 countries.

Waaree Renewable Technologies

The company has signed a contract for the execution of engineering, procurement, and construction (EPC) works for a ground-mounted solar PV plant of 300 MWac / 420 MWp.

The project is scheduled to be completed during FY 2027–28.

Arvind SmartSpaces

The company has acquired a new residential high-rise project in Whitefield, with a total estimated saleable area of around 2.5 lakh square feet and a topline potential of around Rs 330 crore.

Aditya Birla Capital

The company has invested Rs 750 crore on a rights basis in the equity shares of Aditya Birla Housing Finance.

Following the investment, there is no change in the shareholding percentage, and Aditya Birla Housing Finance continues to be a wholly owned subsidiary of the company.

Additionally, the company has allotted 30,000 non-convertible debentures (NCDs) worth Rs 300 crore, 250 NCDs worth Rs 25 crore, and 4,300 NCDs worth Rs 430 crore on a private placement basis to multiple investors.

Waaree Energies

The company's subsidiary Waaree Solar Americas Inc has entered into a Share Subscription Agreement with United Solar Holdings Inc for the subscription of approximately 53,68,551 Series B preferred shares of USH for $30 million.

Central Bank of India

The bank has renewed its co-lending partnership with Capri Global Capital to offer loans at competitive rates.

The participation of both entities in this arrangement will lead to greater portfolio expansion for Central Bank of India and Capri Global Capital.

Hindustan Zinc

The company has signed a Memorandum of Understanding (MoU) with CMR Green Technologies, India’s leading non-ferrous recycling company, to establish a zinc alloy manufacturing facility at Zinc Park.

This is the second major partnership for Zinc Park, following Hindustan Zinc’s earlier MoU with Tripura Group.

Adani Enterprises

The company's subsidiary Adani Road Transport has completed the acquisition of the remaining 49% equity shares of D P Jain TOT Toll Roads, along with 100% optionally convertible redeemable preference shares.

With this acquisition, DPJ TOT has become a wholly owned subsidiary of Adani Road Transport.

Bank of Baroda

The PSU bank has kept its Marginal Cost of Funds Based Lending Rate (MCLR) unchanged for all tenures, effective March 12:

HG Infra Engineering

The company has received an order worth Rs 401.33 crore from Anuppur Thermal Energy in Anuppur.

The order involves the execution of civil and P-way works for the development of railway infrastructure at the 2×800 MW Thermal Power Project in Anuppur.

Polycab India

The Income Tax Authority has reduced the tax demand against Polycab India to Rs 57.58 crore, down from Rs 327.47 crore, for the Assessment Year 2024–25.

InterGlobe Aviation

Pieter Elbers has resigned as Chief Executive Officer, effective March 10.

Rahul Bhatia, Managing Director, will assume management responsibilities on an interim basis.

Eicher Motors

VE Commercial Vehicles has announced the appointment of B Srinivas as the new Managing Director &amp;amp; CEO, effective April 1.

Following this change, Vinod Aggarwal, Vice Chairman of Eicher Motors, will be appointed Chairman of the Board at VECV as EML’s nominee. He will step down from his role as MD &amp;amp; CEO to take over from Sofia Frändberg, who completes her three-year term as Chairperson and nominee of AB Volvo.

Sofia Frändberg will continue to serve on the Board of VECV.

UCO Bank

The bank has kept its Marginal Cost of Funds Based Lending Rate (MCLR) unchanged for all tenures, effective March 10.

VIP Industries

The Board has approved the appointment of Rahul Poddar as Chief Financial Officer (CFO) and Key Managerial Personnel, effective March 11.

Manish Desai has relinquished his position as CFO and KMP, effective March 10, and will assume a new role within the organisation.

Tips Music

Hari Nair has resigned as Chief Executive Officer, effective April 30, 2026, to pursue new opportunities.

Girish Taurani, Executive Director, and Sushant Dalmia, Chief Financial Officer, will jointly take over Nair’s responsibilities.

The company has initiated the process to identify and appoint a new CEO.

Kirloskar Oil Engines

Atul Kirloskar will retire as Chairman of the Board on March 31, 2026, upon reaching the retirement age of 70 years.

The Board has appointed Rahul Kirloskar as Chairperson, and Gauri Kirloskar as Vice Chairperson, while continuing as Managing Director.

Brigade Enterprises

Brigade Group has announced its entry into industrial real estate with the launch of Brigade Industrial Park, a 25-acre industrial development in Devanahalli.

The development will offer approximately 2 million square feet of leasable space.

TVS Supply Chain Solutions

The company is strengthening Caterpillar’s global supply chains from India by establishing a 40,000 sq ft warehousing facility at the Free Trade and Warehousing Zone (FTWZ) in Mannur village.

The facility will enable parts procurement from multiple countries and support Caterpillar’s manufacturing operations.

Bulk and Block Deals

Apollo Pipes

Bandhan Mutual Fund, through Bandhan ELSS Tax Saver Fund, has exited Apollo Pipes by selling its entire 5 lakh shares (1.14% stake) for Rs 20.16 crore. The 2.5 lakh shares were sold at Rs 395.7 per share, and 2.5 lakh shares at Rs 410.72 per share.

Styrenix Performance Materials

Motilal Oswal Mutual Fund has offloaded 4.17 lakh shares (2.37% stake) in Styrenix Performance Materials for Rs 78.58 crore. The selling price was Rs 1,884 per share.

Nazara Technologies

Morgan Stanley Asia Singapore has acquired 28.85 lakh shares (0.77% stake) in Nazara Technologies from Think India Opportunities Master Fund LP for Rs 69.18 crore.

The shares were exchanged at a price of Rs 239.8 per share.

As of December 2025, the Cayman Islands-domiciled foreign portfolio investor Think India Opportunities Master Fund held a 2.52% stake in Nazara.

Mainboard Listing

SEDEMAC Mechatronics

Stocks Trade Ex-Dividend

SBI Cards and Payment Services
Balmer Lawrie &amp;amp; Company
Mangalore Refinery and Petrochemicals

Stocks Trade Ex-Date for Rights

BCC Fuba India
Prabha Energy

Stocks in F&amp;amp;O ban

SAIL
Sammaan Capital

Bandhan Mutual Fund exits Apollo Pipes, Motilal Oswal AMC sells over 2% stake in Styrenix Performance, Morgan Stanley buys 0.77% stake in Nazara from Think India Opportunities Master Fund

* Bandhan Mutual Fund exits Apollo Pipes
* Motilal Oswal AMC sells over 2% stake in Styrenix Performance
* Morgan Stanley buys 0.77% stake in Nazara from Think India Opportunities Master Fund

shorts/business/bandhan-mf-exits-apollo-pipes-motilal-oswal-amc-sells-over-2-stake-in-styrenix-performance

* Bandhan Mutual Fund exits Apollo Pipes
* Motilal Oswal AMC sells over 2% stake in Styrenix Performance
* Morgan Stanley buys 0.77% stake in Nazara from Think India Opportunities Master Fund

Bandhan Mutual Fund has completely exited Apollo Pipes, the PVC pipe and fittings manufacturer, while Motilal Oswal Asset Management Company has offloaded more than 2 percent equity stake in plastics material and resin manufacturing company Styrenix Performance Materials via open market transactions on March 10.

<a href="https://www.moneycontrol.com/india/stockpricequote/plastics/apollopipes/ALF02">Apollo Pipes</a> shares fell 3.46 percent to Rs 382.1, while <a href="https://www.moneycontrol.com/india/stockpricequote/commodity-chemicals/styrenixperformancematerials/INE01">Styrenix Performance</a> shares rallied 2.85 percent to Rs 1,937.6 on the NSE.

Bandhan Mutual Fund, which invested through its Bandhan ELSS Tax Saver Fund, exited Apollo Pipes by selling entire 5 lakh shares (equivalent to 1.14 percent of paid-up equity) for Rs 20.16 crore. The scheme sold 2.5 lakh shares at Rs 395.7 and another 2.5 lakh shares at Rs 410.72 per share.

Motilal Oswal Mutual Fund offloaded 4.17 lakh shares (2.37 percent stake) in Styrenix Performance Materials for Rs 78.58 crore. The selling price was Rs 1,884 per share.

The brisk action was also seen in <a href="https://www.moneycontrol.com/india/stockpricequote/software/nazaratechnologies/NT">Nazara Technologies</a>, the gaming and sports media platform, which rose 2.4 percent to Rs 245.55. Morgan Stanley Asia Singapore has acquired 28.85 lakh shares (0.77 percent stake) from Think India Opportunities Master Fund LP for Rs 69.18 crore. These shares exchanged at a price of Rs 239.8 per share.

As of December 2025, Cayman Islands-domiciled foreign portfolio investor Think India Opportunities Master Fund held 2.52 percent stake in Nazara.

Meanwhile, Morgan Stanley and BNP Paribas have exchanged shares of <a href="https://www.moneycontrol.com/india/stockpricequote/finance-investments/niyoginfintechltd/MGF03">Niyogin Fintech</a>, <a href="https://www.moneycontrol.com/india/stockpricequote/printingstationery/reproindia/RI35">Repro India</a>, and <a href="https://www.moneycontrol.com/india/stockpricequote/ports/aegisvopakterminals/AVTL">Aegis Vopak Terminals</a>.

BNP Paribas Financial Markets has acquired 6.71 lakh shares (0.6 percent stake) in Niyogin Fintech at Rs 35.05 per share from Rs 2.35 crore from Morgan Stanley Asia (Singapore), while they exchanged 1.64 lakh shares (1.1 percent stake) of Repro India at Rs 392.5 per share for Rs 6.47 crore, and 15.91 lakh shares (0.1 percent stake) of Aegis Vopak Terminals at Rs 192.38 per share, valued at Rs 30.62 crore.

The small block deals were also seen in <a href="https://www.moneycontrol.com/india/stockpricequote/banks-private-sector/federalbank/FB">Federal Bank</a>, <a href="https://www.moneycontrol.com/india/stockpricequote/banks-public-sector/indianbank/IB04">Indian Bank</a>, <a href="https://www.moneycontrol.com/india/stockpricequote/aluminium/nationalaluminiumcompany/NAC">National Aluminium Company</a>, and <a href="https://www.moneycontrol.com/india/stockpricequote/banks-public-sector/statebankindia/SBI">State Bank of India</a>, wherein Societe Generale was the buyer and the seller was BNP Paribas Financial Markets.

Societe Generale has picked up 33.98 lakh shares in Federal Bank from BNP Paribas Financial Markets at Rs 276 per share for Rs 93.79 crore, while they have exchanged 6.8 lakh Indian Bank shares at Rs 925 per share for Rs 62.98 crore.

Further, Societe Generale has acquired 14.27 lakh shares in National Aluminium Company at Rs 388 per share for Rs 55.37 crore, and 4.49 lakh shares of State Bank of India at Rs 1,114 per share for Rs 50.02 crore from BNP Paribas Financial Markets.

<img class="alignnone size-full wp-image-13856481 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/03/20260310193334_Image1510032026.jpg" alt="Image1510032026" width="700" height="2259" />

Bandhan MF exits Apollo Pipes, Motilal Oswal AMC sells over 2% stake in Styrenix Performance

Bandhan Mutual Fund has completely exited Apollo Pipes, the PVC pipe and fittings manufacturer, while Motilal Oswal Asset Management Company has offloaded more than 2 percent equity stake in plastics material and resin manufacturing company Styrenix Performance Materials via open market transactions on March 10.

Apollo Pipes shares fell 3.46 percent to Rs 382.1, while Styrenix Performance shares rallied 2.85 percent to Rs 1,937.6 on the NSE.

Bandhan Mutual Fund, which invested through its Bandhan ELSS Tax Saver Fund, exited Apollo Pipes by selling entire 5 lakh shares (equivalent to 1.14 percent of paid-up equity) for Rs 20.16 crore. The scheme sold 2.5 lakh shares at Rs 395.7 and another 2.5 lakh shares at Rs 410.72 per share.

Motilal Oswal Mutual Fund offloaded 4.17 lakh shares (2.37 percent stake) in Styrenix Performance Materials for Rs 78.58 crore. The selling price was Rs 1,884 per share.

The brisk action was also seen in Nazara Technologies, the gaming and sports media platform, which rose 2.4 percent to Rs 245.55. Morgan Stanley Asia Singapore has acquired 28.85 lakh shares (0.77 percent stake) from Think India Opportunities Master Fund LP for Rs 69.18 crore. These shares exchanged at a price of Rs 239.8 per share.

As of December 2025, Cayman Islands-domiciled foreign portfolio investor Think India Opportunities Master Fund held 2.52 percent stake in Nazara.

Meanwhile, Morgan Stanley and BNP Paribas have exchanged shares of Niyogin Fintech, Repro India, and Aegis Vopak Terminals.

BNP Paribas Financial Markets has acquired 6.71 lakh shares (0.6 percent stake) in Niyogin Fintech at Rs 35.05 per share from Rs 2.35 crore from Morgan Stanley Asia (Singapore), while they exchanged 1.64 lakh shares (1.1 percent stake) of Repro India at Rs 392.5 per share for Rs 6.47 crore, and 15.91 lakh shares (0.1 percent stake) of Aegis Vopak Terminals at Rs 192.38 per share, valued at Rs 30.62 crore.

The small block deals were also seen in Federal Bank, Indian Bank, National Aluminium Company, and State Bank of India, wherein Societe Generale was the buyer and the seller was BNP Paribas Financial Markets.

Societe Generale has picked up 33.98 lakh shares in Federal Bank from BNP Paribas Financial Markets at Rs 276 per share for Rs 93.79 crore, while they have exchanged 6.8 lakh Indian Bank shares at Rs 925 per share for Rs 62.98 crore.

Further, Societe Generale has acquired 14.27 lakh shares in National Aluminium Company at Rs 388 per share for Rs 55.37 crore, and 4.49 lakh shares of State Bank of India at Rs 1,114 per share for Rs 50.02 crore from BNP Paribas Financial Markets.

Polycab and KEI shares drop 7.5% due to rising copper prices., Copper prices surged after strong economic data from China., Wire and cable makers face headwinds due to commodity volatility.

* Polycab and KEI shares drop 7.5% due to rising copper prices.
* Copper prices surged after strong economic data from China.
* Wire and cable makers face headwinds due to commodity volatility.

Shares of Polycab and KEI Industries fell up to 7.5% amid rising copper prices, a key raw material. Copper futures surged after strong Chinese economic data. Analysts warn of near-term headwinds for wire and cable makers due to commodity volatility.

shorts/business/polycab-kei-industries-shares-decline-up-to-6-on-rising-copper-prices

* Polycab and KEI shares drop 7.5% due to rising copper prices.
* Copper prices surged after strong economic data from China.
* Wire and cable makers face headwinds due to commodity volatility.

Shares of wire and cable makers Polycab and KEI Industries declined up to 6 percent in Tuesday’s trade amid a rise in copper prices.

Shares of <a href="https://www.moneycontrol.com/india/stockpricequote/cables-powerothers/keiindustries/KEI">KEI Industries</a> touched an intraday low of Rs 4,429 per share on the NSE, down 7.53 percent and at a one-month low. The stock has declined for the last two trading sessions. It later settled at Rs 4,554 per share, lower by 4.92 percent.

Meanwhile, shares of <a href="https://www.moneycontrol.com/india/stockpricequote/cables-powerothers/polycabindia/PI44">Polycab</a> fell 6.62 percent to an intraday low of Rs 7,684 per share on the NSE. The stock has been declining for the last three trading sessions and is down nearly 10 percent during the period. It settled at Rs 7,725 per share, down 6.12 percent.

The decline comes as copper, a key raw material used in the manufacture of wires and cables, moved higher.

According to Informist, the futures contracts of copper on the London Metal Exchange rose on Tuesday following better-than-expected economic data from China, the top consumer of the metal. Sentiment was also supported by dip-buying by Chinese investors after weakness in the previous session.

In an interaction with CNBC-TV18 on Tuesday, Renu Baid Pugalia of IIFL Capital said the cables and wires segment may face near-term headwinds amid concerns around volume growth. She added that channel stocking and commodity volatility are also weighing on the stocks.

Polycab’s management had earlier said copper accounts for 50-60 percent of its overall raw material costs. Prices had surged in the third quarter when global copper prices hit a record high. The company has passed on the increase, which may help margins recover in the ongoing fourth quarter.

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.

Polycab, KEI Industries shares decline up to 6% on rising copper prices

Shares of wire and cable makers Polycab and KEI Industries declined up to 6 percent in Tuesday’s trade amid a rise in copper prices.

Shares of KEI Industries touched an intraday low of Rs 4,429 per share on the NSE, down 7.53 percent and at a one-month low. The stock has declined for the last two trading sessions. It later settled at Rs 4,554 per share, lower by 4.92 percent.

Meanwhile, shares of Polycab fell 6.62 percent to an intraday low of Rs 7,684 per share on the NSE. The stock has been declining for the last three trading sessions and is down nearly 10 percent during the period. It settled at Rs 7,725 per share, down 6.12 percent.

The decline comes as copper, a key raw material used in the manufacture of wires and cables, moved higher.

According to Informist, the futures contracts of copper on the London Metal Exchange rose on Tuesday following better-than-expected economic data from China, the top consumer of the metal. Sentiment was also supported by dip-buying by Chinese investors after weakness in the previous session.

In an interaction with CNBC-TV18 on Tuesday, Renu Baid Pugalia of IIFL Capital said the cables and wires segment may face near-term headwinds amid concerns around volume growth. She added that channel stocking and commodity volatility are also weighing on the stocks.

Polycab’s management had earlier said copper accounts for 50-60 percent of its overall raw material costs. Prices had surged in the third quarter when global copper prices hit a record high. The company has passed on the increase, which may help margins recover in the ongoing fourth quarter.

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.

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