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Bharat Seats

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<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/natcopharma/NP07">Natco Pharma</a>’s share price will remain in focus on March 4 after the company announced the launch of Pomalidomide Capsules in the US market.

Natco Pharma, along with its partner Breckenridge Pharmaceutical, Inc., has launched Pomalidomide Capsules, a generic version of Pomalyst by Celgene, in the United States, according to the company’s exchange filing.

Pomalidomide Capsules, a thalidomide analogue, are indicated for the treatment of adult patients with multiple myeloma who have received at least two prior therapies, including lenalidomide and a proteasome inhibitor, and have demonstrated disease progression on or within 60 days of completion of the last therapy.

The drug is also approved for AIDS-related Kaposi sarcoma after failure of highly active antiretroviral therapy (HAART), as well as for HIV-negative adult patients with Kaposi sarcoma. The product is available in 1 mg, 2 mg, 3 mg and 4 mg strengths and is primarily distributed through specialty pharmacies and clinics.

“We are pleased to launch Pomalidomide Capsules in the US. This further strengthens our oncology and specialty portfolio in the US. The launch highlights our commitment to making specialty medicines accessible to patients worldwide. We look forward to bringing more complex and specialty products to the market in the coming years,” said Rajeev Nannapaneni, Vice Chairman and Chief Executive Officer of Natco Pharma.

<a href="https://www.moneycontrol.com/news/business/markets/sensex-today-stock-market-today-live-updates-liveblog-13850027.html">Catch all the market action on our live blog</a>

In February, Eris Lifesciences announced a strategic partnership with Natco Pharma for the commercialisation of Semaglutide in India.

In the previous trading session, the share closed at Rs 956.40, down Rs 31.90, or 3.23 percent. The share touched a 52-week high of Rs 1,059.60 and a 52-week low of Rs 660.05 on 24 July, 2025 and 07 April, 2025, respectively. Currently, the stock is trading 9.74 percent below its 52-week high and 44.9 percent above its 52-week low. The market capitalisation of the company stands at Rs 17,130.07 crore.

Ownership, Material Conflicts of Interest and Disciplinary History

MCD is a wholly owned subsidiary of Network 18 Media & Investments Ltd ("Network18"), in which Independent Media Trust (IMT) holds 56.89% stake. Reliance Industries Limited ("RIL") is the sole beneficiary of IMT. Network18 and RIL and their subsidiaries, joint ventures and associates can be considered as associates of MCD.

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Natco Pharma shares in focus on Pomalidomide capsules launch in US

Natco Pharma’s share price will remain in focus on March 4 after the company announced the launch of Pomalidomide Capsules in the US market.

Natco Pharma, along with its partner Breckenridge Pharmaceutical, Inc., has launched Pomalidomide Capsules, a generic version of Pomalyst by Celgene, in the United States, according to the company’s exchange filing.

Pomalidomide Capsules, a thalidomide analogue, are indicated for the treatment of adult patients with multiple myeloma who have received at least two prior therapies, including lenalidomide and a proteasome inhibitor, and have demonstrated disease progression on or within 60 days of completion of the last therapy.

The drug is also approved for AIDS-related Kaposi sarcoma after failure of highly active antiretroviral therapy (HAART), as well as for HIV-negative adult patients with Kaposi sarcoma. The product is available in 1 mg, 2 mg, 3 mg and 4 mg strengths and is primarily distributed through specialty pharmacies and clinics.

“We are pleased to launch Pomalidomide Capsules in the US. This further strengthens our oncology and specialty portfolio in the US. The launch highlights our commitment to making specialty medicines accessible to patients worldwide. We look forward to bringing more complex and specialty products to the market in the coming years,” said Rajeev Nannapaneni, Vice Chairman and Chief Executive Officer of Natco Pharma.

Catch all the market action on our live blog

In February, Eris Lifesciences announced a strategic partnership with Natco Pharma for the commercialisation of Semaglutide in India.

In the previous trading session, the share closed at Rs 956.40, down Rs 31.90, or 3.23 percent. The share touched a 52-week high of Rs 1,059.60 and a 52-week low of Rs 660.05 on 24 July, 2025 and 07 April, 2025, respectively. Currently, the stock is trading 9.74 percent below its 52-week high and 44.9 percent above its 52-week low. The market capitalisation of the company stands at Rs 17,130.07 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/cipla/C">Cipla</a>’s share price will remain in focus on March 4 after the company announced plans to incorporate a joint venture company in India with biologics Contract Development and Manufacturing Organization (CDMO) Kemwell Biopharma.

In a press release, the company said it has entered into a joint venture agreement with Kemwell Biopharma for the incorporation of a JV company in India.

The proposed entity will be a 60:40 joint venture between Cipla and Kemwell, with the partners initially investing up to ₹10 crore in the JV in their respective shareholding ratio.

At the time of incorporation, Cipla will subscribe to 6,000 shares of ₹10 each at par, amounting to ₹60,000.

The joint venture will undertake the business of developing, applying for and obtaining licenses for, and manufacturing, commercialising, importing and exporting biologic products. It will also engage in licensing or outsourcing any or all of such activities.

Kemwell is an Asia-based biologics CDMO offering end-to-end services for global biopharma clients. Its Bengaluru-based cGMP facility, certified by the USFDA, houses 5,000-litre bioreactor capacity, sterile fill–finish capabilities, and advanced development laboratories for protein therapeutics.

The company supports commercial manufacturing as well as R&amp;D and clinical programs for novel biologics and biosimilars.

<a href="https://www.moneycontrol.com/news/business/markets/sensex-today-stock-market-today-live-updates-liveblog-13850027.html">Catch all the market action on our live blog</a>

In another development, its wholly owned subsidiary, Cipla (EU) Limited, UK, has incorporated a new wholly owned subsidiary, ‘Cipla Middle East Company’, in the Kingdom of Saudi Arabia.

In the previous trading session, the share closed at Rs 1,351.85, up Rs 4.20, or 0.31 percent. The share touched a 52-week high of Rs 1,672.20 and a 52-week low of Rs 1,283.00 on 23 October, 2025 and 27 January, 2026, respectively. Currently, the stock is trading 19.16 percent below its 52-week high and 5.37 percent above its 52-week low. The market capitalisation stands of the company stands at Rs 109,199.83 crore.

Cipla share price in Focus on biologics JV formation

Cipla’s share price will remain in focus on March 4 after the company announced plans to incorporate a joint venture company in India with biologics Contract Development and Manufacturing Organization (CDMO) Kemwell Biopharma.

In a press release, the company said it has entered into a joint venture agreement with Kemwell Biopharma for the incorporation of a JV company in India.

The proposed entity will be a 60:40 joint venture between Cipla and Kemwell, with the partners initially investing up to ₹10 crore in the JV in their respective shareholding ratio.

At the time of incorporation, Cipla will subscribe to 6,000 shares of ₹10 each at par, amounting to ₹60,000.

The joint venture will undertake the business of developing, applying for and obtaining licenses for, and manufacturing, commercialising, importing and exporting biologic products. It will also engage in licensing or outsourcing any or all of such activities.

Kemwell is an Asia-based biologics CDMO offering end-to-end services for global biopharma clients. Its Bengaluru-based cGMP facility, certified by the USFDA, houses 5,000-litre bioreactor capacity, sterile fill–finish capabilities, and advanced development laboratories for protein therapeutics.

The company supports commercial manufacturing as well as R&amp;amp;D and clinical programs for novel biologics and biosimilars.

Catch all the market action on our live blog

In another development, its wholly owned subsidiary, Cipla (EU) Limited, UK, has incorporated a new wholly owned subsidiary, ‘Cipla Middle East Company’, in the Kingdom of Saudi Arabia.

In the previous trading session, the share closed at Rs 1,351.85, up Rs 4.20, or 0.31 percent. The share touched a 52-week high of Rs 1,672.20 and a 52-week low of Rs 1,283.00 on 23 October, 2025 and 27 January, 2026, respectively. Currently, the stock is trading 19.16 percent below its 52-week high and 5.37 percent above its 52-week low. The market capitalisation stands of the company stands at Rs 109,199.83 crore.

Stocks in focus on March 4: Hindustan Aeronautics, Dabur, JSW Cement, Life, Lupin, Greenlam Indusries, Greenply Industries, Cipla, Tata Motors, Shalby, Dev Information

* Stocks in focus on March 4: Hindustan Aeronautics, Dabur, JSW Cement, Life, Lupin, Greenlam Indusries, Greenply Industries, Cipla, Tata Motors, Shalby, Dev Information

shorts/business/stocks-to-watch-today-hindustan-aeronautics-jsw-cement-affle-lupin-greenlam-greenply-tata-motors-natco-pharma-reva-diamonds-in-focus-on-4-march

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

<a href="https://www.moneycontrol.com/india/stockpricequote/refineries/relianceindustries/RI">Reliance Industries</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/aerospacedefence/hindustanaeronautics/HAL">Hindustan Aeronautics</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/personal-care/daburindia/DI">Dabur India</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/cement/jswcement/JCL02">JSW Cement</a>

The company has been declared the preferred bidder for the mining lease of the Sikilangso Limestone Block (Part A &amp; Part B), Assam. The limestone blocks are spread over an area of 200 hectares each.

<a href="https://www.moneycontrol.com/india/stockpricequote/lifehealth-insurance/lifeinsurancecorporationindia/LIC09">Life Insurance Corporation of India</a>

The term of Sunil Agarwal, Chief Financial Officer, has been extended for a further period of one year till March 1, 2027.

<a href="https://www.moneycontrol.com/india/stockpricequote/it-servicesconsulting/affle3i/AI82">Affle 3i</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/lupin/L">Lupin</a>

The Goods &amp; 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.

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-nbfc/hdbfinancialservices/HFSL">HDB Financial Services</a>

Karthik Srinivasan has resigned as Chief Business Officer of the company, effective March 31, to pursue career opportunities outside the company.

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-carsjeeps/mahindramahindra/MM">Mahindra and Mahindra</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/greenlamindustries/GI31">Greenlam Indusries</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/greenplyindustries/GI19">Greenply Industries</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/cipla/C">Cipla</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/coal/bharatcokingcoal/BCCL">Bharat Coking Coal</a>

Rajesh Kumar (Director – Finance) has been appointed as Chief Financial Officer (CFO) with immediate effect, in place of Shri M S Raju, GM (Finance).

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-general/capriglobalcapital/MMF05">Capri Global Capital</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/banks-public-sector/statebankindia/SBI">State Bank of India</a>

The contract period of Nitin Chugh, Deputy Managing Director &amp; Head (Digital Banking &amp; Transformation), concluded on March 3. Accordingly, he has been relieved from the services of the bank.

<a href="https://www.moneycontrol.com/india/stockpricequote/automobile-truckslcvs/tatamotors/TML02">Tata Motors</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/power-generationdistribution/powergridcorporationindia/PGC">Power Grid Corporation of India</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/hospitalsmedical-services/shalby/SL18">Shalby</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/natcopharma/NP07">Natco Pharma</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/persistentsystems/PS15">Persistent Systems</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/infrastructure-general/adaniportsspecialeconomiczone/MPS">Adani Ports and Special Economic Zone</a>

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

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/devinformationtechnology/DIT02">Dev Information Technology</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/renewables/cleanmaxenviroenergysolutions/CMEESL">Clean Max Enviro Energy Solutions</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/retailing/kiaasaretail/KRL">Kiaasa Retail</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/transportlogistics/sicallogistics/SL15">Sical Logistics</a>

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 &amp; Finance

Stock in F&amp;O ban

Sammaan Capital

Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Stocks to Watch Today: Hindustan Aeronautics, JSW Cement, Affle, Lupin, Greenlam, Greenply, Tata Motors, Natco Pharma, Reva Diamonds in focus on 4 March

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

Reliance Industries

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.

Hindustan Aeronautics

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.

Dabur India

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.

JSW Cement

The company has been declared the preferred bidder for the mining lease of the Sikilangso Limestone Block (Part A &amp;amp; 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.

Affle 3i

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.

Lupin

The Goods &amp;amp; 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.

HDB Financial Services

Karthik Srinivasan has resigned as Chief Business Officer of the company, effective March 31, to pursue career opportunities outside the company.

Mahindra and Mahindra

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.

Greenlam Indusries

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.

Greenply Industries

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.

Cipla

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.

Bharat Coking Coal

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 Global Capital

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.

State Bank of India

The contract period of Nitin Chugh, Deputy Managing Director &amp;amp; Head (Digital Banking &amp;amp; Transformation), concluded on March 3. Accordingly, he has been relieved from the services of the bank.

Tata Motors

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.

Shalby

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.

Natco Pharma

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.

Persistent Systems

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

Dev Information Technology

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.

Kiaasa Retail

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.

Sical Logistics

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 &amp;amp; Finance

Stock in F&amp;amp;O ban

Sammaan Capital

Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Xduce Technologies buys additional 9% stake in Dev Information Technology from promoters, Citigroup Global sells 0.7% stake in Clean Max Enviro Energy Solutions, Citadel Capital Fund, Trendview Capital Fund, Brimming Wealth Advisors pick up 2.4% stake in Kiaasa Retail

* Xduce Technologies buys additional 9% stake in Dev Information Technology from promoters
* Citigroup Global sells 0.7% stake in Clean Max Enviro Energy Solutions
* Citadel Capital Fund, Trendview Capital Fund, Brimming Wealth Advisors pick up 2.4% stake in Kiaasa Retail

shorts/business/xduce-technologies-buys-additional-9-stake-in-dev-information-technology-from-promoters

* Xduce Technologies buys additional 9% stake in Dev Information Technology from promoters
* Citigroup Global sells 0.7% stake in Clean Max Enviro Energy Solutions
* Citadel Capital Fund, Trendview Capital Fund, Brimming Wealth Advisors pick up 2.4% stake in Kiaasa Retail

US-based Xduce Technologies has acquired additional more than 9 percent equity stake in Dev Information Technology, the IT services company, from promoters via open market transactions on March 2.

Perhaps, in response to the deal, <a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/devinformationtechnology/DIT02">Dev Information Technology</a> shares rallied 3.75 percent to Rs 24.08 amid severe market correction. It has a market capitalisation of Rs 133 crore.

Xduce Technologies, the US-based app development and digital transformation company, has bought 51.25 lakh shares (equivalent to 9.09 percent of paid-up equity) in Dev Information at Rs 23.33 per share, valued at Rs 11.95 crore.

On the contrary, promoters have offloaded 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 29.64 lakh shares at Rs 23.25 per share.

As per the company's disclosures dated January 3, Xduce Technologies already picked up 12.48 percent equity stake in Dev Information. This follows the announcement of company's strategic alliance with XDuce to accelerate growth in North America and scale its global delivery capabilities across digital engineering, cloud, data, artificial intelligence, and cybersecurity.

Meanwhile, Citigroup Global Markets Mauritius sold 8.28 lakh shares (0.7 percent stake) in <a href="https://www.moneycontrol.com/india/stockpricequote/renewables/cleanmaxenviroenergysolutions/CMEESL">Clean Max Enviro Energy Solutions</a>, the renewable energy provider, at Rs 846.72 per share, amounting to Rs 70.18 crore. The stock plunged 17.62 percent to close at Rs 867.5 on its first trading day.

<a href="https://www.moneycontrol.com/india/stockpricequote/retailing/kiaasaretail/KRL">Kiaasa Retail</a> was also in focus, falling 8 percent to Rs 116.85. The correction seems to have been utilised by small institutional investors as they picked 2.39 percent stake in the women's ethnic wear brand.

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.

Equity Intelligence India, the portfolio management owned by ace investor Porinju Veliyath, bought 2.35 lakh rights shares in <a href="https://www.moneycontrol.com/india/stockpricequote/transportlogistics/sicallogistics/SL15">Sical Logistics</a> at Rs 0.91 per share, valued at Rs 2.13 lakh. However, Girish Gulati HUF sold 1.32 lakh shares at Rs 0.87 per share for Rs 1.15 lakh.

<img class="alignnone size-full wp-image-13850000 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/03/20260303192000_Image2603032026.jpg" alt="Image2603032026" width="700" height="2412" />

Xduce Technologies buys additional 9% stake in Dev Information Technology from promoters

US-based Xduce Technologies has acquired additional more than 9 percent equity stake in Dev Information Technology, the IT services company, from promoters via open market transactions on March 2.

Perhaps, in response to the deal, Dev Information Technology shares rallied 3.75 percent to Rs 24.08 amid severe market correction. It has a market capitalisation of Rs 133 crore.

Xduce Technologies, the US-based app development and digital transformation company, has bought 51.25 lakh shares (equivalent to 9.09 percent of paid-up equity) in Dev Information at Rs 23.33 per share, valued at Rs 11.95 crore.

On the contrary, promoters have offloaded 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 29.64 lakh shares at Rs 23.25 per share.

As per the company's disclosures dated January 3, Xduce Technologies already picked up 12.48 percent equity stake in Dev Information. This follows the announcement of company's strategic alliance with XDuce to accelerate growth in North America and scale its global delivery capabilities across digital engineering, cloud, data, artificial intelligence, and cybersecurity.

Meanwhile, Citigroup Global Markets Mauritius sold 8.28 lakh shares (0.7 percent stake) in Clean Max Enviro Energy Solutions, the renewable energy provider, at Rs 846.72 per share, amounting to Rs 70.18 crore. The stock plunged 17.62 percent to close at Rs 867.5 on its first trading day.

Kiaasa Retail was also in focus, falling 8 percent to Rs 116.85. The correction seems to have been utilised by small institutional investors as they picked 2.39 percent stake in the women's ethnic wear brand.

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.

Equity Intelligence India, the portfolio management owned by ace investor Porinju Veliyath, 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 shares at Rs 0.87 per share for Rs 1.15 lakh.

Aviation and travel stocks drop up to 8% due to West Asia unrest., SpiceJet and IndiGo extended flight cancellations to West Asia., Railway stocks dropped on concerns over travel disruptions.

* Aviation and travel stocks drop up to 8% due to West Asia unrest.
* SpiceJet and IndiGo extended flight cancellations to West Asia.
* Railway stocks dropped on concerns over travel disruptions.

Shares of aviation, travel, and railway-linked firms fell up to 8% after flight cancellations to West Asia due to airspace restrictions from US and Israel military action against Iran. Airlines extended suspensions and offered refunds or rescheduling options.

shorts/business/indigo-ixigo-rvnl-airline-rail-tourism-stocks-decline-up-to-8-on-flight-disruptions-as-iran-conflict-rages

* Aviation and travel stocks drop up to 8% due to West Asia unrest.
* SpiceJet and IndiGo extended flight cancellations to West Asia.
* Railway stocks dropped on concerns over travel disruptions.

Shares of aviation, travel and railway-linked companies fell by up to 8 percent on Monday amid flight disruptions following the escalating conflict involving Iran.

The decline comes after several domestic carriers extended cancellations of flights to and from West Asia due to airspace restrictions in the region after military action by the US and Israel against Iran.

On the BSE, shares of <a href="https://www.moneycontrol.com/india/stockpricequote/transportlogistics/spicejet/SJ01">SpiceJet</a> dropped over 8 percent to Rs 14.72 per share. The stock opened 4.79 percent lower and extended losses during the session, snapping a three-day gaining streak. The airline cancelled all inbound and outbound flights to West Asia till Tuesday.

"Passengers are advised to check their flight status before proceeding to the airport," the company said in an advisory posted on social media platform X.

Shares of <a href="https://www.moneycontrol.com/india/stockpricequote/transportlogistics/interglobeaviation/IA04">InterGlobe Aviation</a>, the parent of IndiGo, declined nearly 7 percent to Rs 4,500 per share on the NSE. The stock opened 6.78 percent lower and has been under pressure for the past three sessions.

"In view of the prevailing situation, the temporary suspension of select international flights that use Middle East airspace has been extended until March 2, 2026, 2359 hrs IST," the airline said in a post on X. The carrier said it is offering waivers for travel to and from West Asia and other affected international sectors for bookings made on or before last Saturday. Passengers can opt for a full refund or reschedule without additional charges, it added.

Tourism stocks also declined as shares of Ixigo fell more than 5 percent to Rs 161.59 apiece on the NSE. India Tourism Development Corp fell 5 percent to Rs 499.80 per share. Easy Trip Planners stock was down 8 percent to Rs 7.94 per share on the NSE.

Railway-related stocks also traded lower amid concerns that prolonged disruptions in air travel could impact passenger movement and last-mile connectivity. Shares of Rail Vikas Nigam Ltd dropped to its fresh 52-week low at Rs 295.20 per share, down 6.69 percent.

Shares of Indian Railways Finance Corporation (IRFC) are down 5 percent. The decline was also due to a tepid response to this Offer For Sale (OFS).

Several airlines had earlier suspended operations to parts of West Asia till Sunday following the military operations and subsequent developments over the weekend.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

A financial journalist with over 10 years of experience, specialising in tracking stock market movements and fundamental developments that impact investors and the broader economy. A keen observer of global financial markets, I regularly engage with leading market voices to write stories. At Moneycontrol, I focus on decoding market trends, policy shifts and economic changes, driven by a constant passion to learn, analyse, and share knowledge with my readers.

IndiGo, ixigo, RVNL: Airline, rail, tourism stocks decline up to 8% on travel disruption as Iran conflict rages

Shares of aviation, travel and railway-linked companies fell by up to 8 percent on Monday amid flight disruptions following the escalating conflict involving Iran.

The decline comes after several domestic carriers extended cancellations of flights to and from West Asia due to airspace restrictions in the region after military action by the US and Israel against Iran.

On the BSE, shares of SpiceJet dropped over 8 percent to Rs 14.72 per share. The stock opened 4.79 percent lower and extended losses during the session, snapping a three-day gaining streak. The airline cancelled all inbound and outbound flights to West Asia till Tuesday.

&quot;Passengers are advised to check their flight status before proceeding to the airport,&quot; the company said in an advisory posted on social media platform X.

Shares of InterGlobe Aviation, the parent of IndiGo, declined nearly 7 percent to Rs 4,500 per share on the NSE. The stock opened 6.78 percent lower and has been under pressure for the past three sessions.

&quot;In view of the prevailing situation, the temporary suspension of select international flights that use Middle East airspace has been extended until March 2, 2026, 2359 hrs IST,&quot; the airline said in a post on X. The carrier said it is offering waivers for travel to and from West Asia and other affected international sectors for bookings made on or before last Saturday. Passengers can opt for a full refund or reschedule without additional charges, it added.

Tourism stocks also declined as shares of Ixigo fell more than 5 percent to Rs 161.59 apiece on the NSE. India Tourism Development Corp fell 5 percent to Rs 499.80 per share. Easy Trip Planners stock was down 8 percent to Rs 7.94 per share on the NSE.

Railway-related stocks also traded lower amid concerns that prolonged disruptions in air travel could impact passenger movement and last-mile connectivity. Shares of Rail Vikas Nigam Ltd dropped to its fresh 52-week low at Rs 295.20 per share, down 6.69 percent.

Shares of Indian Railways Finance Corporation (IRFC) are down 5 percent. The decline was also due to a tepid response to this Offer For Sale (OFS).

Several airlines had earlier suspended operations to parts of West Asia till Sunday following the military operations and subsequent developments over the weekend.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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Xduce Technologies buys additional 9% stake in Dev Information Technology from promoters

IndiGo, ixigo, RVNL: Airline, rail, tourism stocks decline up to 8% on travel disruption as Iran conflict rages

Auto Ancillaries - Seating covers & parts Industry StocksCheck latest stock performance, list of stocks, earnings review & more details about the Auto Ancillaries - Seating covers & parts industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-undefined

Stock News

Natco Pharma shares in focus on Pomalidomide capsules launch in US

Cipla share price in Focus on biologics JV formation

Stocks to Watch Today: Hindustan Aeronautics, JSW Cement, Affle, Lupin, Greenlam, Greenply, Tata Motors, Natco Pharma, Reva Diamonds in focus on 4 March

Xduce Technologies buys additional 9% stake in Dev Information Technology from promoters

IndiGo, ixigo, RVNL: Airline, rail, tourism stocks decline up to 8% on travel disruption as Iran conflict rages

Auto Ancillaries - Seating covers & parts Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Auto Ancillaries - Seating covers & parts industry stocks.