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Stocks to Watch Today: Wipro, Omnitech, KEC International, Motherson, Vascon Engineers, Borosil, Relaxo Footwears, Hatsun Agro, Redington in focus on 12 March

Stocks to Watch, 12 March: Stocks like Wipro, Omnitech Engineering, KEC International, Samvardhana Motherson International, Vascon Engineers, Borosil, Relaxo Footwears, Mahanagar Gas, Hatsun Agro Product, Bharat Forge, Everest Industries, and Redington will be in focus on March 12.
March 12, 2026 / 03:14 IST
Stocks to Watch Today, 12 March
Snapshot AI
  • Stocks in Focus on March 12: Wipro, Omnitech, KEC International, Motherson, Vascon Engineers, Borosil, Relaxo Footwears, Hatsun Agro, Redington

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

Wipro

The company has entered into a multi-year contract for business and technology modernisation for TruStage’s retirement services business. TruStage is an insurance and financial services provider based in Madison, Wisconsin.

Omnitech Engineering

The company has received a five-year contract worth Rs 920 crore from Weatherford Products GmbH via a Master Purchase Agreement.

KEC International

The RPG Group company has received new orders worth Rs 1,476 crore for transmission and distribution projects in India, the Middle East, Africa, and the Americas.

With these orders, its year-to-date order intake now stands at Rs 22,800 crore.

Samvardhana Motherson International

The company has entered into a Share Purchase Agreement to purchase a 100 percent stake in Yutaka Autoparts India. This is part of the transaction steps previously highlighted by the company in its disclosure dated August 29, 2025, with respect to acquiring, through its subsidiary Motherson Global Investments BV, an 81 percent equity stake in Yutaka Giken Co Ltd and an 11 percent stake in Shinnichi Kogyo. Yutaka Giken holds a 62 percent stake in Shinnichi Kogyo.

Further, as part of the transaction steps, the company, through its subsidiary, has completed a tender offer to acquire additional shares in Japanese automotive components maker Yutaka Giken Co Ltd. The tender offer closed on March 10. As per the results announced on March 11, the number of common shares tendered and to be purchased stands at 14,08,867 at a tender offer price of JPY 3,024 per common share of Yutaka Giken Co Ltd. The settlement date for the tendered shares is March 17.

Vascon Engineers

The company has received a work order worth Rs 115.9 crore from Ahmedabad Municipal Corporation for the development of Lotus Park. The work has to be completed within 24 months from the date of issue of the work order.

Ashok Leyland

The company has announced the ground-breaking of a greenfield battery pack manufacturing facility in Chennai, with an investment of Rs 400–500 crore.

Borosil

Oil marketing companies (OMCs) have announced restrictions on the supply of LPG due to a force majeure situation arising from the ongoing conflict in the Middle East and its consequent impact on global fuel supply.

As a result, production activities at the company’s Borosilicate Glass Furnace for pressware products and its Opal Glass Furnaces in Jaipur, Rajasthan, have been impacted. While production at the Borosilicate Glass Furnace has been temporarily suspended, the Opal Glass Furnaces have been operating at lower capacities.

The company is evaluating the impact arising from the ongoing disruption in the supply of LPG.

Canara HSBC Life Insurance Company

The insurance company has entered into a Corporate Agency Agreement with Bihar Gramin Bank for the distribution of the company’s insurance products.

Relaxo Footwears

Prince Jain has resigned as Chief Financial Officer and Key Managerial Personnel of the company, effective March 11.

Aether Industries

The company reported a fire incident at an external warehouse in Surat. All facilities are observing normal operations without any disruption. Also, zero injuries or casualties have been reported.

Adani Enterprises

The company’s subsidiary, Adani Defence Systems & Technologies, has completed the acquisition of a 14.2 percent shareholding in Air Works India (Engineering), increasing its total stake to 99.98 percent.

Air Works is engaged in the business of maintenance, repair, and overhaul (MRO) of aircraft.

Mahanagar Gas

Given the prevailing geopolitical developments impacting global energy markets, some of the company’s gas suppliers have curtailed supply, which in turn has impacted its supplies to industrial and commercial (I&C) customers.

Further, the Ministry of Petroleum and Natural Gas has prioritised the supply of natural gas to domestic pipeline natural gas (DPNG) and compressed natural gas (CNG) sectors and has advised the curtailment of gas supply to I&C customers.

Additionally, Prudential plc and its subsidiary companies — Eastspring Investments (Singapore) and Eastspring Investments Incorporated — acquired an additional 0.06 percent stake in Mahanagar Gas via open market transactions on March 9, taking their total stake to 5.01 percent from 4.95 percent earlier.

Hatsun Agro Product

The National Company Law Tribunal (NCLT), Cuttack, has sanctioned the amalgamation of Milk Mantra Dairy with Hatsun Agro Product, with effect from the appointed date of April 1, 2025.

Bharat Forge

The company has made an investment in its subsidiary Bharat Forge Global Holding GmbH through a capital reserve amounting to Rs 160 crore, or 15 million euros.

Lumax Auto Technologies

The National Company Law Tribunal (NCLT), New Delhi, has approved the amalgamation between Lumax Ancillary and Lumax Auto Technologies. The appointed date for the scheme is April 1, 2024.

Everest Industries

Aasheesh Saxena has been appointed as Vice President (Business Head – Roofing) of the company, effective March 11. He will be part of the senior management team.

Redington

The company has received a favourable order from the Commissioner of Income Tax (Appeals), quashing the demand of Rs 230.21 crore (out of the total demand of Rs 233.66 crore) raised by the Assessing Officer for the Assessment Year 2020–21.

Bulk Deals

Borana Weaves

Citadel Capital Fund and Elite Capital Fund, the investment vehicles owned by Craft Emerging Market Fund PCC, each acquired 1.87 lakh shares in Borana Weaves (equivalent to a total 1.4 percent of paid-up equity) at Rs 396 per share, amounting to Rs 7.4 crore.

However, Pine Oak Global Fund, the Mauritius-based arbitrage fund, was the seller in the deal, offloading 3.75 lakh shares (1.4 percent stake) at the same price, valued at Rs 14.85 crore.

Pine Oak Global Fund held a 1.87 percent stake in Borana Weaves as of December 2025.

Prodocs Solutions

Lords Multigrowth Fund sold 40,000 shares (0.56 percent) in the company at Rs 186.3 per share for Rs 74.52 lakh, while 31 Degrees North Fund I offloaded 1.09 lakh shares (1.54 percent) at Rs 183 per share for Rs 1.99 crore.

Hitesh Natwarlal Kawa acquired 1.22 lakh shares in Prodocs at Rs 183.35 per share, valued at Rs 2.23 crore, while Roopal Hitesh Kawa picked up 65,000 shares at Rs 186.3 apiece for Rs 1.21 crore, together accounting for a 2.65 percent stake.

As of December 2025, Lords Multigrowth Fund held a 4.82 percent stake and 31 Degrees North Fund I held 3.09 percent shares in Prodocs.

SME Listing

Elfin Agro India

New Listing

Artemis Electricals and Projects

Stocks Trade Ex-Dividend

Indian Oil Corporation

R Systems International

Sun TV Network

Stocks Trade Ex-Date for Rights

Maruti Interior Products

Supra Pacific Financial Services

Vertex Securities

Stocks in F&O ban

SAIL

Sammaan Capital

Moneycontrol News
first published: Mar 12, 2026 03:10 am

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