🇮🇳 India Daybook ~ Stocks in News

Positive Buzz

• Waaree Renewable Technologies: The company has secured a major EPC order for a 300 MWac (420 MWp) ground-mounted solar PV plant, with execution slated for FY 2027–28.
• Arvind SmartSpaces: Announced the acquisition of a new residential high-rise project in Bengaluru’s Whitefield area, boasting a potential topline of ₹330 crore.
• Adani Enterprises: Its subsidiary has completed the acquisition of a 49% stake in DPJ TOT and 100% of OCRPS at an enterprise value of ₹1,342 crore.
• Infosys: Signed a multi-year strategic agreement with Incora to implement AI-enabled capabilities for supply chain operations across 60 countries.
• HG Infra Engineering: Received a letter of acceptance for an order worth ₹401.33 crore from Anuppur Thermal Energy for railway infrastructure works in Madhya Pradesh.
• Dixon Technologies: Shares are in focus as Nomura maintained a 'Buy' rating following government approval for its 74:26 joint venture with HKC for display module manufacturing.
• Minda Corporation: Its subsidiary entered into a joint venture with Turntide Drives to manufacture advanced motor controllers for the electric vehicle segment.
• TVS Supply Chain: Inaugurated a new 40,000 sq. ft. warehousing facility in a Chennai Free Trade Zone to support Caterpillar's global operations.

Neutral Developments

• Dividend Watch: Shares of SBI Cards (₹2.50/share), Mangalore Refinery and Petrochemicals (₹4.00/share), and Balmer Lawrie & Co (₹4.25/share) will trade ex-dividend today.
• Raajmarg Infra Investment Trust: The ₹6,000 crore IPO of the infrastructure investment trust opens for subscription today with a price band of ₹99–₹100 per share.
• GAIL (India): The Ministry has appointed Rohit Mathur as the Government Nominee Director on the company's board.
• Hindustan Zinc: Entered into a strategic agreement with CMR Green Tech for the manufacturing of zinc alloys.
• Central Bank of India: The lender has renewed its co-lending partnership with Capri Global to enhance credit flow to the MSME sector.
• Devyani International: The board has approved the merger of three subsidiaries—Sky Gate, Blackvelvet, and Say Chefs—into the parent company.

Negative News

• InterGlobe Aviation (IndiGo): In a major leadership exit, CEO Pieter Elbers has resigned from his position effective March 10, 2026.
• Lupin: The US FDA concluded an inspection at its Ankleshwar facility with two observations (Form 483), which the company stated it will address within the stipulated timeframe.
• MedPlus Health: The company’s subsidiary received a drug-license suspension order for one of its retail stores located in Odisha.
• TIPS Music: Hari Nair has resigned from the post of Chief Executive Officer, effective April 30, 2026.
• Market Sentiment: Gift Nifty is trading at a discount of approximately 90 points, suggesting a gap-down opening for the domestic benchmarks.

TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex

Tags: Stocks in News Stock Market Buzzing Stocks Nifty Sensex