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
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.
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.
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.
The company has been declared the preferred bidder for the mining lease of the Sikilangso Limestone Block (Part A & 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.
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.
The Goods & 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.
Karthik Srinivasan has resigned as Chief Business Officer of the company, effective March 31, to pursue career opportunities outside the company.
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.
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.
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.
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.
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 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.
The contract period of Nitin Chugh, Deputy Managing Director & Head (Digital Banking & Transformation), concluded on March 3. Accordingly, he has been relieved from the services of the bank.
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.
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.
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.
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
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.
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.
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 & Finance
Stock in F&O ban
Sammaan Capital
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