Sri KPR Ind

< -5%

Konstelec

-5% to -3%

Z-Tech India

Responsive Ind

-3% to 0%

MARBLE CITY IND

Vruddhi Enginee

Lerthai Finance

Nidhi Granites

SG MART

HRS Aluglaze

Popular Foundat

0% to 3%

Milestone

3% to 5%

Gas firm shares dropped 8% after QatarEnergy halted LNG., Adani Total Gas hiked industrial prices due to supply issues., Gujarat Gas to restrict supplies to industries from Thursday.

* Gas firm shares dropped 8% after QatarEnergy halted LNG.
* Adani Total Gas hiked industrial prices due to supply issues.
* Gujarat Gas to restrict supplies to industries from Thursday.

Shares of gas firms like Petronet LNG, GAIL, and Gujarat State Petronet fell after QatarEnergy halted LNG production amid Middle East tensions. Supply disruptions and price hikes are expected, impacting India’s imports and potentially raising government subsidies.

shorts/business/middle-east-war-impact-petronet-gail-decline-up-to-5-as-qatar-energy-halts-production-at-a-key-lng-facility

* Gas firm shares dropped 8% after QatarEnergy halted LNG.
* Adani Total Gas hiked industrial prices due to supply issues.
* Gujarat Gas to restrict supplies to industries from Thursday.

Shares of gas-related companies, including Petronet LNG, GAIL (India) and Gujarat State Petronet, fell up to 6 percent in Monday’s trade after QatarEnergy halted production at a key liquefied natural gas (LNG) facility amid escalating tensions in the Middle East.

QatarEnergy declared force majeure to its affected buyers last week after suspending production of LNG and associated products. Qatar’s Ras Laffan LNG plant, the world’s largest LNG facility, appears to have remained largely intact after its unprecedented closure last week. However, any restart and resumption of deliveries could take weeks or even months, the country’s energy minister told the Financial Times.

Shares of <a href="https://www.moneycontrol.com/india/stockpricequote/oil-drillingexploration/gujaratstatepetronet/GSP02">Gujarat State Petronet</a> were among the biggest losers, declining up to 8 percent during the session.

<a href="https://www.moneycontrol.com/india/stockpricequote/oil-drillingexploration/gujaratgas/GGC">Gujarat Gas</a>, which supplies gas to domestic and industrial consumers, has declared force majeure and will restrict gas supplies to industries from Thursday.

The stock was followed by GAIL (India) and Gujarat Gas, which declined 5.11 percent and 5.72 percent, respectively.

Shares of Petronet LNG fell about 5 percent.

Meanwhile, Adani Total Gas has raised prices for supplies to industrial clients, citing lower gas availability due to the conflict in the Middle East.

Countries in the West Asia account for around 30 percent of global crude oil output and about 20 percent of global LNG production, much of which is transported through the Strait of Hormuz.

India imports about 85 percent of its crude oil requirement and roughly half of its LNG needs. Of this, around 40-50 percent of crude oil and 50-60 percent of LNG shipments pass through the Strait of Hormuz.

According to CRISIL, most shipping vessels have halted passage through the strait since March 1, 2026, citing heightened risks.

"Any prolonged disruption of this trade route will have a bearing on global crude oil and LNG availability, and their prices," it said.

India also imports about two-thirds of its liquefied petroleum gas (LPG) requirement, largely from the Middle East.

Higher global prices and rising LNG costs could also increase the government’s fertiliser subsidy burden.

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.

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Middle East war impact: Petronet, GAIL decline up to 5% as Qatar Energy halts production at a key LNG facility

Shares of gas-related companies, including Petronet LNG, GAIL (India) and Gujarat State Petronet, fell up to 6 percent in Monday’s trade after QatarEnergy halted production at a key liquefied natural gas (LNG) facility amid escalating tensions in the Middle East.

QatarEnergy declared force majeure to its affected buyers last week after suspending production of LNG and associated products. Qatar’s Ras Laffan LNG plant, the world’s largest LNG facility, appears to have remained largely intact after its unprecedented closure last week. However, any restart and resumption of deliveries could take weeks or even months, the country’s energy minister told the Financial Times.

Shares of Gujarat State Petronet were among the biggest losers, declining up to 8 percent during the session.

Gujarat Gas, which supplies gas to domestic and industrial consumers, has declared force majeure and will restrict gas supplies to industries from Thursday.

The stock was followed by GAIL (India) and Gujarat Gas, which declined 5.11 percent and 5.72 percent, respectively.

Shares of Petronet LNG fell about 5 percent.

Meanwhile, Adani Total Gas has raised prices for supplies to industrial clients, citing lower gas availability due to the conflict in the Middle East.

Countries in the West Asia account for around 30 percent of global crude oil output and about 20 percent of global LNG production, much of which is transported through the Strait of Hormuz.

India imports about 85 percent of its crude oil requirement and roughly half of its LNG needs. Of this, around 40-50 percent of crude oil and 50-60 percent of LNG shipments pass through the Strait of Hormuz.

According to CRISIL, most shipping vessels have halted passage through the strait since March 1, 2026, citing heightened risks.

&quot;Any prolonged disruption of this trade route will have a bearing on global crude oil and LNG availability, and their prices,&quot; it said.

India also imports about two-thirds of its liquefied petroleum gas (LPG) requirement, largely from the Middle East.

Higher global prices and rising LNG costs could also increase the government’s fertiliser subsidy burden.

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.

The Nifty India Defence index fell 3.5 percent in Monday’s trade amid profit booking in defence shares after a rally in the previous two sessions, during which the index had gained more than 5 percent.

All 18 constituents of the index were trading in the red, in line with weakness across the broader market.

The Sensex plunged 2,345.89 points, or 2.97 percent, to 76,573.01. The Nifty declined 708.75 points, or 2.89 percent, to 23,741.70. All 16 major sectoral indices were trading lower.

Broader markets also saw heavy selling pressure, with the Nifty Smallcap100 and Nifty Midcap100 indices falling about 3 percent each.

<a href="https://www.moneycontrol.com/india/stockpricequote/pumps/dynamatictechnologies/DT05">Dynamatic Technologies</a> was among the major laggards in the defence index, declining up to 6 percent.

Heavyweights <a href="https://www.moneycontrol.com/india/stockpricequote/aerospacedefence/bharatelectronics/BE03">Bharat Electronics</a>, Mazagon Dock Shipbuilders and Hindustan Aeronautics fell 3.3 percent, 4.17 percent and 1 percent, respectively.

The gains seen last week came amid heightened geopolitical uncertainty, which typically increases focus on defence preparedness among countries. This can drive demand for equipment such as missiles, surveillance systems, drones, ammunition and radar systems, often leading to buying in defence-related stocks on expectations of higher orders and improved business prospects.

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.

Nifty India Defence index falls 3.5% amid profit booking; BEL, Dynamatic Tech lead losses

The Nifty India Defence index fell 3.5 percent in Monday’s trade amid profit booking in defence shares after a rally in the previous two sessions, during which the index had gained more than 5 percent.

All 18 constituents of the index were trading in the red, in line with weakness across the broader market.

The Sensex plunged 2,345.89 points, or 2.97 percent, to 76,573.01. The Nifty declined 708.75 points, or 2.89 percent, to 23,741.70. All 16 major sectoral indices were trading lower.

Broader markets also saw heavy selling pressure, with the Nifty Smallcap100 and Nifty Midcap100 indices falling about 3 percent each.

Dynamatic Technologies was among the major laggards in the defence index, declining up to 6 percent.

Heavyweights Bharat Electronics, Mazagon Dock Shipbuilders and Hindustan Aeronautics fell 3.3 percent, 4.17 percent and 1 percent, respectively.

The gains seen last week came amid heightened geopolitical uncertainty, which typically increases focus on defence preparedness among countries. This can drive demand for equipment such as missiles, surveillance systems, drones, ammunition and radar systems, often leading to buying in defence-related stocks on expectations of higher orders and improved business prospects.

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.

Auto and metal shares fell up to 6 percent as crude prices surged., Nifty Metal index fell 4%, all stocks in red., Higher crude prices increase costs, squeezing margins and demand.

* Auto and metal shares fell up to 6 percent as crude prices surged.
* Nifty Metal index fell 4%, all stocks in red.
* Higher crude prices increase costs, squeezing margins and demand.

Auto and metal shares fell up to 6% as rising crude oil prices raised concerns over input costs and margins. The Nifty Metal and Auto indices dropped, with all constituents trading lower, amid worries about inflation and weaker demand for vehicles and metals.

shorts/business/crude-oil-surge-impact-auto-metal-shares-plunge-up-to-4-5-tata-motors-pv-m-m-jsw-steel-lead-losses

* Auto and metal shares fell up to 6 percent as crude prices surged.
* Nifty Metal index fell 4%, all stocks in red.
* Higher crude prices increase costs, squeezing margins and demand.

Auto and metal shares fell up to 6 percent in Monday’s trade as a surge in crude oil prices dampened investor sentiment.

The Nifty Metal index extended losses for a second straight session, dropping nearly 4 percent during the day. <a href="https://www.moneycontrol.com/india/stockpricequote/steel-large/steelauthorityindia/SAI">Steel Authority of India</a> led the decline, falling about 6 percent. Jindal Stainless and Tata Steel also slipped 4.39 percent and 3.94 percent, respectively.

All the 15 constituents of the Nifty Metal index were trading in the red.

Shares in the metal pack came under pressure as higher crude prices raised concerns over input costs. Metal production is energy-intensive, and a rise in fuel prices increases expenses related to mining, smelting and refining. Higher transportation costs for moving raw materials and finished products also add to the pressure.

Market participants said that unless companies are able to pass on higher costs to customers, rising energy prices could compress margins and weigh on valuations.

Analysts also noted that persistently high oil prices could slow global economic growth, potentially affecting demand for industrial metals.

Meanwhile, shares of several automobile and auto component manufacturers declined significantly, dragging the Nifty Auto index down to a six-month low of 25,733.50 points. Analysts attributed the drop to growing worries that a potential shortage of natural gas, amid escalating tensions in West Asia, could disrupt production at automobile manufacturing facilities.

On Friday, Informist, citing a senior official from Gujarat Gas Ltd., reported exclusively that Tata Motors Passenger Vehicles is currently facing a severe shortage of natural gas and propane at its Sanand manufacturing plants. The company may have to reduce production by as much as 50 percent. Gujarat Gas supplies fuel to these facilities, where the gas is primarily used to operate paint-shop ovens.

The development has raised concerns that similar fuel shortages could affect other automobile manufacturers as well, potentially forcing them to scale back production.

In addition, analysts warn that prolonged instability in natural gas supply could also affect Taiwan’s energy-intensive semiconductor industry. Such disruptions may lead to chip shortages and higher semiconductor prices. According to a CNBC-TV18 report citing analysts, any renewed shortage of chips in the automobile sector could further constrain vehicle output while pushing up input costs for manufacturers.

Auto stocks also remained under pressure, with all 15 constituents of the Nifty Auto index trading lower. The index has declined about 5.5 percent over the past two sessions.

UNO Minda and <a href="https://www.moneycontrol.com/india/stockpricequote/auto-lcvshcvs/tatamotorspassengervehicles/TM03">Tata Motors Passenger Vehicles</a> were among the major laggards, declining up to 6 percent. Shares of Mahindra &amp; Mahindra and Tata Motors also saw selling pressure.

Auto shares also typically react negatively to rising crude oil prices as higher fuel costs tend to stoke inflation concerns. This can reduce the likelihood of interest rate cuts by the Reserve Bank of India, keeping borrowing costs elevated. Higher loan rates can impact demand for vehicles.

(Inputs from Informist)

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.

Crude oil surge impact: Auto, metal shares plunge up to 4.5%; Tata Motors PV, M&M, JSW Steel lead losses

Auto and metal shares fell up to 6 percent in Monday’s trade as a surge in crude oil prices dampened investor sentiment.

The Nifty Metal index extended losses for a second straight session, dropping nearly 4 percent during the day. Steel Authority of India led the decline, falling about 6 percent. Jindal Stainless and Tata Steel also slipped 4.39 percent and 3.94 percent, respectively.

All the 15 constituents of the Nifty Metal index were trading in the red.

Shares in the metal pack came under pressure as higher crude prices raised concerns over input costs. Metal production is energy-intensive, and a rise in fuel prices increases expenses related to mining, smelting and refining. Higher transportation costs for moving raw materials and finished products also add to the pressure.

Market participants said that unless companies are able to pass on higher costs to customers, rising energy prices could compress margins and weigh on valuations.

Analysts also noted that persistently high oil prices could slow global economic growth, potentially affecting demand for industrial metals.

Meanwhile, shares of several automobile and auto component manufacturers declined significantly, dragging the Nifty Auto index down to a six-month low of 25,733.50 points. Analysts attributed the drop to growing worries that a potential shortage of natural gas, amid escalating tensions in West Asia, could disrupt production at automobile manufacturing facilities.

On Friday, Informist, citing a senior official from Gujarat Gas Ltd., reported exclusively that Tata Motors Passenger Vehicles is currently facing a severe shortage of natural gas and propane at its Sanand manufacturing plants. The company may have to reduce production by as much as 50 percent. Gujarat Gas supplies fuel to these facilities, where the gas is primarily used to operate paint-shop ovens.

The development has raised concerns that similar fuel shortages could affect other automobile manufacturers as well, potentially forcing them to scale back production.

In addition, analysts warn that prolonged instability in natural gas supply could also affect Taiwan’s energy-intensive semiconductor industry. Such disruptions may lead to chip shortages and higher semiconductor prices. According to a CNBC-TV18 report citing analysts, any renewed shortage of chips in the automobile sector could further constrain vehicle output while pushing up input costs for manufacturers.

Auto stocks also remained under pressure, with all 15 constituents of the Nifty Auto index trading lower. The index has declined about 5.5 percent over the past two sessions.

UNO Minda and Tata Motors Passenger Vehicles were among the major laggards, declining up to 6 percent. Shares of Mahindra &amp;amp; Mahindra and Tata Motors also saw selling pressure.

Auto shares also typically react negatively to rising crude oil prices as higher fuel costs tend to stoke inflation concerns. This can reduce the likelihood of interest rate cuts by the Reserve Bank of India, keeping borrowing costs elevated. Higher loan rates can impact demand for vehicles.

(Inputs from Informist)

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.

Crude oil surge impact: Auto, metal shares plunge up to 4.5%; Tata Motors PV, M&amp;M, JSW Steel lead losses

<a href="https://www.moneycontrol.com/india/stockpricequote/transport-infrastructure/rites/R02">RITES</a> share price fell nearly 3 percent in the opening trade on March 9 despite company secured a work order worth Rs 45.18 crore.

At 09:19am, RITES was quoting at Rs 200.66, down Rs 5.96, or 2.88 percent, on the NSE.

The Public Works (Roads) Directorate, Government of West Bengal has awarded RITES a contract to provide consultancy services as Project Management Consultant (PMC) for the construction of a proposed four-lane extra-dosed bridge over the Muriganga river.

The bridge will include approach roads connecting Kachuberia (Sagar Island) with Kakdwip in the South 24 Parganas district of West Bengal. The project is scheduled to be completed within 48 months.

Catch all the market action on our live blog<a href="https://www.moneycontrol.com/news/business/markets/sensex-today-stock-market-live-gift-nifty-indicates-a-weak-start-us-asian-slip-as-crude-crosses-100-mark-liveblog-13854360.html">https://www.moneycontrol.com/news/business/markets/sensex-today-stock-market-live-gift-nifty-indicates-a-weak-start-us-asian-slip-as-crude-crosses-100-mark-liveblog-13854360.html</a>

Separately, the company has also received revised estimates worth Rs 729.28 crore from South Western Railway for railway electrification work on the Mysuru–Hassan–Mangaluru section, including the Hassan–Arsikere line, on a cost-plus turnkey basis.

In the quarter ended December 2025 the company's standalone net profit rises marginally at Rs 95.51 crore, while revenue jumped 4.5% at Rs 569.18 crore, YoY.

In the previous trading session, the share closed at Rs 206.35, up Rs 4.55, or 2.25 percent.

The share touched a 52-week high of Rs 316.15 and a 52-week low of Rs 196.00 on 05 June, 2025 and 04 March, 2026, respectively.

Currently, the stock is trading 34.73 percent below its 52-week high and 5.28 percent above its 52-week low.

The market capitalisation of the company stands at Rs 9,917.26 crore.

RITES bags Rs 45.18 crore order; share price fall 3%

RITES share price fell nearly 3 percent in the opening trade on March 9 despite company secured a work order worth Rs 45.18 crore.

At 09:19am, RITES was quoting at Rs 200.66, down Rs 5.96, or 2.88 percent, on the NSE.

The Public Works (Roads) Directorate, Government of West Bengal has awarded RITES a contract to provide consultancy services as Project Management Consultant (PMC) for the construction of a proposed four-lane extra-dosed bridge over the Muriganga river.

The bridge will include approach roads connecting Kachuberia (Sagar Island) with Kakdwip in the South 24 Parganas district of West Bengal. The project is scheduled to be completed within 48 months.

Catch all the market action on our live bloghttps://www.moneycontrol.com/news/business/markets/sensex-today-stock-market-live-gift-nifty-indicates-a-weak-start-us-asian-slip-as-crude-crosses-100-mark-liveblog-13854360.html

Separately, the company has also received revised estimates worth Rs 729.28 crore from South Western Railway for railway electrification work on the Mysuru–Hassan–Mangaluru section, including the Hassan–Arsikere line, on a cost-plus turnkey basis.

In the quarter ended December 2025 the company's standalone net profit rises marginally at Rs 95.51 crore, while revenue jumped 4.5% at Rs 569.18 crore, YoY.

In the previous trading session, the share closed at Rs 206.35, up Rs 4.55, or 2.25 percent.

The share touched a 52-week high of Rs 316.15 and a 52-week low of Rs 196.00 on 05 June, 2025 and 04 March, 2026, respectively.

Currently, the stock is trading 34.73 percent below its 52-week high and 5.28 percent above its 52-week low.

The market capitalisation of the company stands at Rs 9,917.26 crore.

Stocks in Focus on March 9: Tata Motors Passenger Vehicles, Kirloskar Electric Company, GNFC, Max Financial Services, PB Fintech, Shankara Buildpro

* Stocks in Focus on March 9: Tata Motors Passenger Vehicles, Kirloskar Electric Company, GNFC, Max Financial Services, PB Fintech, Shankara Buildpro

shorts/business/stocks-to-watch-today-rites-gnfc-irb-infra-tata-power-dr-reddys-labs-max-estates-meesho-kwality-walls-pb-fintech-in-focus-on-9-march

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:

<a href="https://www.moneycontrol.com/markets/earnings/" target="_blank">Quarterly Earnings</a>

<a href="https://www.moneycontrol.com/india/stockpricequote/consumer-food/kwalitywallsindia/KWI" target="_blank">Kwality Wall's (India)</a> 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

<a href="https://www.moneycontrol.com/india/stockpricequote/automobile-truckslcvs/smlmahindra/SM" target="_blank">SML Mahindra</a> 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

<a href="https://www.moneycontrol.com/india/stockpricequote/construction-real-estate/maxestates/MEL02" target="_blank">Max Estates</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/retailing/meesho/ML13" target="_blank">Meesho</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/banks-private-sector/kotakmahindrabank/KMB" target="_blank">Kotak Mahindra Bank</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software-mediumsmall/rsystemsinternational/RSI01" target="_blank">R Systems International</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/banks-private-sector/yesbank/YB" target="_blank">Yes Bank</a>

The board has approved the appointment of Vinay Muralidhar Tonse as MD &amp; CEO (Designate) of Yes Bank, effective March 12.

Tonse will take charge as the MD &amp; CEO of the bank effective April 6, after Prashant Kumar, the current MD &amp; CEO, demits office on April 5.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/drreddyslaboratories/DRL" target="_blank">Dr Reddy's Laboratories</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/power-generationdistribution/thetatapowercompany/TPC" target="_blank">Tata Power Company</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/transport-infrastructure/rites/R02" target="_blank">RITES</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/cement-major/ultratechcement/UTC01" target="_blank">UltraTech Cement</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/transport-infrastructure/irbinfrastructuredevelopers/IID01" target="_blank">IRB Infrastructure Developers</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-lcvshcvs/tatamotorspassengervehicles/TM03" target="_blank">Tata Motors Passenger Vehicles</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/electric-equipment/kirloskarelectricco/KEC02" target="_blank">Kirloskar Electric Company</a>

Sanjeev Kumar S, Chief Financial Officer of the company, has been relieved from his services effective March 6.

<a href="https://www.moneycontrol.com/india/stockpricequote/power-generationdistribution/sterlingwilsonrenewableenergy/SWS" target="_blank">Sterling and Wilson Renewable Energy</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/fertilizers/gujaratnarmadavalleyfertchem/GNV" target="_blank">Gujarat Narmada Valley Fertilizers and Chemicals</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-investments/maxfinancialservices/MI" target="_blank">Max Financial Services</a>

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&amp;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 &amp; 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

<a href="https://www.moneycontrol.com/india/stockpricequote/multiline-insurancebrokers/pbfintech/PF14" target="_blank">PB Fintech</a>

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

<a href="https://www.moneycontrol.com/india/stockpricequote/ironsteel/shankarabuildpro/SBL06" target="_blank">Shankara Buildpro</a>

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.

<a href="https://www.moneycontrol.com/india/stockpricequote/textiles-processing/ganeshaecosphere/GP01" target="_blank">Ganesha Ecosphere</a>

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&amp;O ban

SAIL
Sammaan Capital

Stocks to Watch Today: RITES, GNFC, IRB Infra, Tata Power, Dr Reddys Labs, Max Estates, Meesho, Kwality Walls, PB Fintech in focus on 9 March

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:

Quarterly Earnings

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

Max Estates

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.

Meesho

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.

Kotak Mahindra Bank

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.

R Systems International

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.

Yes Bank

The board has approved the appointment of Vinay Muralidhar Tonse as MD &amp;amp; CEO (Designate) of Yes Bank, effective March 12.

Tonse will take charge as the MD &amp;amp; CEO of the bank effective April 6, after Prashant Kumar, the current MD &amp;amp; CEO, demits office on April 5.

Dr Reddy's Laboratories

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.

Tata Power Company

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.

RITES

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.

UltraTech Cement

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.

IRB Infrastructure Developers

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.

Kirloskar Electric Company

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.

Max Financial Services

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&amp;amp;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 &amp;amp; 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

PB Fintech

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

Shankara Buildpro

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.

Ganesha Ecosphere

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&amp;amp;O ban

SAIL
Sammaan Capital

Other Construction Materials Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Other Construction Materials industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q3 FY25-26

Stock News

Middle East war impact: Petronet, GAIL decline up to 5% as Qatar Energy halts production at a key LNG facility

Nifty India Defence index falls 3.5% amid profit booking; BEL, Dynamatic Tech lead losses

Crude oil surge impact: Auto, metal shares plunge up to 4.5%; Tata Motors PV, M&M, JSW Steel lead losses

RITES bags Rs 45.18 crore order; share price fall 3%

Stocks to Watch Today: RITES, GNFC, IRB Infra, Tata Power, Dr Reddys Labs, Max Estates, Meesho, Kwality Walls, PB Fintech in focus on 9 March

Other Construction Materials Industry StocksCheck latest stock performance, list of stocks, earnings review & more details about the Other Construction Materials industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q3 FY25-26

Stock News

Middle East war impact: Petronet, GAIL decline up to 5% as Qatar Energy halts production at a key LNG facility

Nifty India Defence index falls 3.5% amid profit booking; BEL, Dynamatic Tech lead losses

Crude oil surge impact: Auto, metal shares plunge up to 4.5%; Tata Motors PV, M&amp;M, JSW Steel lead losses

RITES bags Rs 45.18 crore order; share price fall 3%

Stocks to Watch Today: RITES, GNFC, IRB Infra, Tata Power, Dr Reddys Labs, Max Estates, Meesho, Kwality Walls, PB Fintech in focus on 9 March

Other Construction Materials Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Other Construction Materials industry stocks.

Crude oil surge impact: Auto, metal shares plunge up to 4.5%; Tata Motors PV, M&M, JSW Steel lead losses