Let's catch up on the latest news from the stock market. From significant investments to major deals, appointments and resignations, here’s a quick look at which stocks will be in focus in today's trade:
Stocks to Watch
Dhani Services, through its wholly owned subsidiary company, has executed a Memorandum of Understanding (MoU) with certain landowners for 5.37 acres in Gurgaon to develop real estate project(s). This MoU will expand the company's 100% owned ongoing project, Indiabulls Estate & Club in Gurgaon, from 24 acres to 29.37 acres. The aggregate development on 29.37 acres will be 70.8 lakh square feet, and the expected revenue, based on current selling prices in the project, would be approximately Rs 12,065 crore.
Nawaz Singhania has resigned as a Non-Executive Director of the company, effective March 19.
The Board has approved a borrowing plan for raising debt of up to Rs 6,300 crore during FY26 through non-convertible corporate bonds in one or more series or tranches on a private placement basis.
The technology services and consulting company announced new agentic AI services with the NVIDIA AI Enterprise platform to assist nations and local governments in building and deploying AI agent services tailored to the needs of their languages and cultures.
The company’s wholly owned subsidiary, Carbogen Amcis SAS, France, has received a Certificate of GMP (Good Manufacturing Practice) Compliance for its Saint-Beauzire site, France, from the National Agency for the Safety of Medicine and Health Products (ANSM).
The company's subsidiary, Kutch Copper, has completed the incorporation process of a joint venture company, Praneetha Ecocables, with Praneetha Ventures. Kutch Copper will hold a 50% equity share capital in Praneetha Ecocables.
The Board has approved raising up to Rs 150 crore via the issue of non-convertible debentures with a tenure of 10 years on a private placement basis. Further, Santhosh Kumar R has been appointed as the Chief Credit Officer of the bank, in the grade of General Manager, for three years effective March 20, replacing Suresh M. Nair. Suresh M. Nair will resign from the services of the bank, effective March 31, due to personal reasons.
The Board has approved an interim dividend of Rs 0.75 per equity share for the financial year 2024-25.
Apurav Agarwal, Chief Financial Officer (CFO), has been relieved from the services of the company effective March 19, following his resignation due to personal reasons. Prashanth Joishy joined as the interim Chief Financial Officer of the company, effective March 20. Prashanth Joishy will hold the office until a regular CFO is onboarded.
The company's name has changed to BirlaNu from HIL, effective March 19.
Bulk Deals
Promoter SBFC Holdings Pte Ltd sold a 1.25% stake in the company at an average price of Rs 82 per share, valued at Rs 111.7 crore.
Goldman Sachs Funds – Goldman Sachs India Equity Portfolio sold a 0.54% stake in the company at an average price of Rs 330.31 per share, amounting to Rs 27.89 crore.
VL E Governance and IT Solutions
Niranjan Lakhumal Hiranandani sold 6.26 lakh shares in the company at an average price of Rs 31 per share.
Stocks Trade Ex-Dividend
Angel One
Galaxy Surfactants
Axtel Industries
Stock Trades Ex-Date for Split
Blue Pearl Agriventures
Stock Trades Ex-Date for Rights
Praxis Home Retail
Stocks in F&O ban
Hindustan Copper
IndusInd Bank
SAIL
Stocks removed from F&O ban
BSE
Manappuram Finance
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