Let's catch up on the latest news from the stock market. From significant investments to major deals, appointments, quarterly earnings, and order wins, here’s a quick look at which stocks will be in focus in today's trade:
Quarterly Earnings
Omnitech Engineering Q3 (Consolidated QoQ)
Profit falls 1.4% to Rs 22.3 crore Vs Rs 22.6 crore
Revenue rises 7.6% to Rs 134.4 crore Vs Rs 125 crore
Stocks to Watch
The company has received an order worth Rs 288 crore from the Indian Meteorological Department (IMD) for the supply of 32 units of Doppler Weather Radars.
The company has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company (MSEDCL) for the supply of 1,600 MW thermal power under a long-term Power Supply Agreement.
The Board has approved the appointment of Kalpana Unadkat, Independent Director, as Chairperson of the company, effective April 1.
Chandrashekhar Bhave, Chairman of the Board, will complete his second term as an Independent Director on May 16, 2026. Consequently, he will cease to be the Chairman, effective March 31, 2026.
The company will open a 10 GW integrated ingot and wafer manufacturing facility in Nagpur, Maharashtra, with an investment of Rs 6,200 crore.
The company has been declared the L-1 bidder for a road project worth Rs 160.2 crore from the Odisha Bridge & Construction Corporation (OBCCL) on an Engineering, Procurement & Construction (EPC) basis in Odisha.
The project involves the construction of a diversion road of Duduka–Gopalpur–Toparia Road (6 lanes with a service road) in Sundargarh on an EPC mode.
The company has announced the execution of a Concession Agreement between the Maharashtra Industrial Development Corporation (MIDC) and its subsidiary Maha Integrated Life Sciences City (MILeS City) for the development of a High-Tech Pharmaceutical Park at the Dighi Port Industrial Area in Raigad, Maharashtra.
The project will be implemented on a Public-Private Partnership (PPP) basis under the Design, Build, Finance, Operate, and Transfer (DBFOT) model, with an estimated project cost of Rs 3,000 crore, including the operating income to be generated during the 90-year operation period.
The company has an EPC contract worth over Rs 700 crore from Maharashtra State Electricity Transmission Co. (MSETCL) for the establishment of a 400/220 kV AIS substation at Saswad, Pune, along with its associated transmission lines.
The Assistant Commissioner of State Tax has initiated inspection proceedings at the company's office premises in Mumbai on March 12, in respect of GST records pertaining to Maharashtra. The proceedings are ongoing, and the company is fully cooperating with the GST authorities.
At present, there is no material impact on the financials, operations, or other activities of the company due to the aforesaid proceedings.
Additionally, Gyan Shanker Pandey has resigned from the position of Head – Digital, effective March 13, to pursue opportunities outside of Voltas.
The company has been declared the preferred bidder for the mining lease of the New Umrangso limestone block in Assam. The limestone block spans an area of 200 hectares.
The company has received a Letter of Award (LoA) from Delhi International Airport (DIAL), intimating that it has emerged as the selected bidder to upgrade, modernize, finance, operate, manage, and maintain Cargo Terminal 1 at the Indira Gandhi International Airport, New Delhi.
The project is based on a revenue-share payment model to DIAL for an initial period of up to 2036, with an estimated revenue share of Rs 340 crore in the first full year of operations.
Meanwhile, passenger traffic in February increased by 0.3 percent YoY to 1.02 crore passengers, while aircraft movements rose by 1.8 percent to 60,505 during the same period.
Oil and Natural Gas Corporation (ONGC) has issued a Notification of Award to the consortium of Seamec and Supreme Hydro Pvt. Ltd. for the hiring of operation & maintenance (O&M) services for ONGC-owned MSV "Samudra Sevak" for 2026–2028.
The total value of the order will be around Rs 410.74 crore.
The company has introduced a fuel charge on domestic and international routes, effective March 14, due to the significant surge in fuel prices following ongoing geopolitical issues in the Middle East. IATA’s Jet Fuel Monitor indicates over an 85% increase in fuel prices for the region.
In a clarification note addressing media reports claiming Hindalco halted aluminium product sales amid the Iran war, the company stated that it has not halted operations of its aluminium extrusions business.
The aluminium extrusions segment constitutes a small portion of Hindalco’s production capacity, and the potential impact is currently limited to less than 0.1% of the company’s overall operations. All other downstream and upstream operations, including primary aluminium, continue to operate normally, supported by captive power and alternate energy arrangements.
Members of the company have approved the appointment of Rakshit Hargave as the Chief Executive Officer and Managing Director of the company for a term of five years, effective December 15.
Bulk Deals
Kingsman Wealth Management has bought 80,400 equity shares (equivalent to 0.74 percent of paid-up equity) in Biopol Chemicals at Rs 96.99 per share, while D V Investments sold 78,000 shares at Rs 97 per share.
Kingsman Wealth Management, which already held a 5.55 percent stake (6 lakh shares) in Biopol as of February 12, also picked up a 1.21 percent stake on March 12.
Promoter Mark AB Welfare Trust sold a further 1.27 crore equity shares (0.65 percent stake) in SEPC at Rs 5.31 per share for Rs 6.76 crore.
In the previous session, SEPC promoters offloaded 0.48 percent (85 lakh shares).
Stock Trades Ex-Dividend
DIC India
Stocks in F&O ban
SAIL
Sammaan Capital
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