Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, appointments, and order wins, here’s a quick look at which stocks will be in focus in today's trade:
Kwality Wall's (India) Q3 (QoQ)
Loss widens to Rs 178.4 crore Vs Rs 100.2 crore
Total income falls 30.6% to Rs 223.4 crore Vs Rs 321.7 crore
Monthly Auto Sales
SML Mahindra Commercial Vehicles (February YoY)
Total sales soar 15.1% to 1,415 units Vs 1,229 units
Exports grow 49.1% to 88 units Vs 59 units
Production zooms 16.4% to 1,679 units Vs 1,442 units
Stocks to Watch
The company has secured RERA approval for the Max One project in Noida. The 10-acre development, with a 2.5 million sq ft potential, is expected to generate a total sales potential of Rs 2,000 crore, along with an annuity rental income potential of around Rs 120 crore.
The company has received an Assessment Order for the Assessment Year 2023–24, along with a Demand Notice from the Income Tax Department, which has raised a tax demand of Rs 1,499.73 crore, including applicable interest.
The Reserve Bank of India (RBI) has approved the appointment of Anup Kumar Saha to the board of Kotak Mahindra Bank. Accordingly, Saha has become a Whole-time Director (designated as Whole-time Director – Executive Director) and a Key Managerial Personnel of the bank with immediate effect.
Saha has ceased to be a Senior Management Personnel of the bank.
The board has declared an interim dividend of Rs 6 per share for the financial year 2026. The record date for determining the entitlement of shareholders to the interim dividend is March 12.
The board has approved the appointment of Vinay Muralidhar Tonse as MD & CEO (Designate) of Yes Bank, effective March 12.
Tonse will take charge as the MD & CEO of the bank effective April 6, after Prashant Kumar, the current MD & CEO, demits office on April 5.
The pharma company has received a letter from the US Department of Justice, stating that, based on the information available to it, the department has closed its inquiry under the Foreign Corrupt Practices Act (FCPA). The department has not recommended any enforcement action against the company.
In November 2020, the company had commenced a detailed investigation into an anonymous complaint alleging improper payments to healthcare professionals in Ukraine and potentially in other countries, which could constitute a violation of US anti-corruption laws, including the US Foreign Corrupt Practices Act.
The company announced its collaboration with Salesforce to digitally transform its rapidly expanding rooftop solar (RTS), EV charging, and smart home solutions businesses. The collaboration reinforces Tata Power’s long-term clean energy roadmap aligned with India’s net-zero ambitions.
The company has received revised estimates for railway electrification work on the Mysuru–Hassan–Mangaluru section, including Hassan–Arsikere, from South Western Railway, on a cost-plus turnkey basis. The revised project cost is Rs 729.28 crore.
Additionally, it has received a work order worth Rs 45.18 crore from the Government of West Bengal for consultancy services as Project Management Consultant for the construction of a proposed four-lane extra-dosed bridge over the River Muriganga in South 24 Parganas.
The company has entered into an Energy Supply Agreement, Share Subscription Agreement, and Shareholders Agreement to acquire 26.20 percent equity shares of Sunsure Solarpark Thirty Eight Private Limited, a company engaged in the generation and transmission of renewable energy.
The acquisition is aimed at meeting the company’s green energy needs and complying with regulatory requirements for captive power consumption under electricity laws.
Toll revenue in February surged 21.55 percent to Rs 746.1 crore, compared to Rs 613.8 crore in the corresponding month of the previous year.
Tata Motors Passenger Vehicles
Om Prakash Bhatt has ceased to be an Independent Director of the company effective March 8, upon completion of his second consecutive term as an Independent Director after attaining the retirement age.
Sanjeev Kumar S, Chief Financial Officer of the company, has been relieved from his services effective March 6.
Sterling and Wilson Renewable Energy
Sterling and Wilson Kazakhstan LLP, a step-down subsidiary of the company incorporated in Kazakhstan, has been liquidated effective March 2. The said company did not have any business activity.
Gujarat Narmada Valley Fertilizers and Chemicals
The ongoing war in the Middle East region has adversely impacted the supply of Liquefied Natural Gas (LNG).
In this regard, GAIL (India), the company’s supplier of Re-gasified Liquefied Natural Gas (RLNG), has received a Force Majeure Notice from its upstream supplier, Petronet LNG, citing transit constraints affecting LNG supply.
Accordingly, due to supply constraints, the allocation of RLNG quantities to GNFC under the Supply Agreement has been restricted to 60 percent of the Daily Contracted Quantity (DCQ) on an overall basis effective March 6. This will impact the production of Neem urea.
However, the manufacturing of other products remains unaffected as of the current date.
The likely impact of the Force Majeure, which is currently an ongoing event, cannot be estimated at this point in time.
Axis entities — Axis Bank, Axis Securities, and Axis Capital — have provided their in-principle no-objection to the proposed amalgamation of Max Financial Services into Axis Max Life Insurance.
BSE Indices Restructuring
Anthem Biosciences, PhysicsWallah, Piramal Finance, Pine Labs, and National Securities Depository will be included in the BSE Midcap and BSE LargeMidcap Indices effective March 23.
Laurus Labs, GE Vernova T&D India, Muthoot Finance, and FSN E-Commerce Ventures will replace PI Industries, Torrent Power, Supreme Industries, and Page Industries in the BSE Midcap Select Index.
Authum Investment & Infrastructure, Neuland Laboratories, Anand Rathi Wealth, and Asahi India Glass will replace Nuvama Wealth Management, Five-Star Business Finance, Nagarjuna Construction Company, and SKF India in the BSE Smallcap Select Index.
Block Deals
Tencent Cloud Europe BV, a subsidiary of China's Tencent Holdings, halved its stake in the Policybazaar and Paisabazaar operator, selling 48.4 lakh shares (equivalent to 1.04 percent of paid-up equity) for Rs 694.65 crore. The transaction price for the block deal was Rs 1,435.1 per share.
On the other hand, seven investors — Goldman Sachs Bank Europe, Mirae Asset Mutual Fund, Societe Generale, DSP Mutual Fund, Schroder, Tata Mutual Fund, and Viridian Asia Opportunities Master Fund — purchased the entire shares sold by Tencent.
Among them, Tata Mutual Fund and Mirae Asset Mutual Fund already held 1.1 percent and 1.63 percent stake, respectively, in PB Fintech as of December 2025.
Bulk Deals
360 ONE Equity Opportunity Fund has bought 1.62 lakh shares (0.67 percent stake) in the building materials and home improvement products supplier for Rs 16.22 crore. The purchase price was Rs 998.61 per share.
DSP Mutual Fund sold 2.76 lakh shares (1.03 percent stake) in the PET bottle recycler for Rs 21.2 crore, at a price of Rs 768 per share.
However, India Capital Management, through India Capital Fund, acquired 2.34 lakh shares for Rs 17.97 crore at the same price.
SME Listing
Acetech E-Commerce
Stock Trades Ex-Date for Split
TANFAC Industries
Stock Trades Ex-Dividend
Axtel Industries
Stock Trades Ex-Bonus
Cupid
Stocks in F&O ban
SAIL
Sammaan Capital
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