Shares in News: Larsen & Toubro, Tata Motors, M&M, Hyundai, Marico, DRL, PN Gadgil, Lemon Tree Hotels, other stocks worth tracking now
Share Market News: As market participants await the onset of the monthly F&O expiry week with the opening bell on March 24, here are a number of stocks set to be in focus on Dalal Street, including Tata Motors, Dr Reddy's Labs, Marico, Lemon Tree Hotels and Alembic Pharma.
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Shares in News, Stock Market News: Domestic equity benchmarks Nifty 50 and Sensex clocked weekly gains of more than 4.0 per cent each last week, settling at six-week closing highs. That was also their biggest weekly gains in more than four years. As the focus shifts to a new trading week on Dalal Street, here are a number of stocks that analysts have on their watchlists for the coming session. On the list are counters such as Tata Motors, Dr Reddy's Labs, Marico, Lemon Tree Hotels and Alembic Pharma.
Read on to learn more about these stocks in detail.
Index Rejig | Hyundai Motor to replace ICICI Securities in BSE 500
A change is set to take effect in the BSE 500 index. On Monday, Hyundai Motor will be added to the bourse’s broadest gauge, replacing ICICI Securities.
PSU Stock in Focus | Hindustan Copper
Sanjiv Kumar Singh has taken over as the Chairman and Managing Director of Hindustan Copper.
Singh has been Director Mining at the PSU since March 26, 2022.
His appointmentwill be valid until his superannuation on June 30, 2026, or until further orders.
Stock to Track | Mahindra & Mahindra
M&M has announced an up to 3.0 per cent hike in the prices of its SUVs and CVs, with effect from April 1.
Stock to Track | Tata Motors
The Tata group auto giant has announced a partnership with Tata IPL 2025.
Stock in News | Larsen & Toubro (L&T)
L&T has elevated Wholetime Director and President Subramanian Sarma to Deputy Managing Director and President, with effect from April 2.
The board has extended his term to February 3, 2028, subject to shareholders’ approval at the company's upcoming annual general meeting.
Stock to Track Power Grid
The PSU's board is set to meet on March 26 to consider the issuance of bonds on a private placement basis.
ALSO READ: Dalal Street Week Ahead: Marco data, fund flows, global cues set to influence market
Stock in News | PN Gadgil Jewellers
The company has opened a new store in Pune, taking its total store count to 53.
Matrimony.com
The company’s board is scheduled to meet on Monday to consider an interim dividend.
TVS Holdings
The company’s board is scheduled to meet on March 24 to consider an interim dividend.
Syngene International
The company has received a tax demand notice of Rs 1.85 crore from the Income Tax Department.
Eraaya Lifespaces
Eraaya Lifespaces subsidiary EbixCash has partnered Mumbai Indians for the 2025 T20 cricket tournament.
SMS Pharmaceuticals
The US Food and Drug Administration has issued one observation after inspecting the Indian pharmaceutical company’s API facility in Bachupally, Telangana.
The regulator conducted inspection at the plant on March 17-21.
Everest Industries
The company has shelved the establishment of a steel building manufacturing plant at R Anantapuram in Andhra Pradesh till the financial year 2025-26.
Power Mech Projects
The company has secured a project worth Rs 579 crore from state-run Bharat Heavy Electricals Ltd (BHEL).
The project is to be completed within 32 months of the grant of the letter of acceptance (LoA).
Stock to Track | Lemon Tree Hotels
The company has signed an agreement for a 54-room hotel each in Vrindavan in Uttar Pradesh and Navsari in Gujarat.
Nisus Finance Services
The company will invest about Rs 25 crore in Nisus Fincorp through a compulsorily convertible preferential allotment of shares.
Alembic Pharmaceuticals
The company has received a clean chit from the US drug regulator, which inspected its API plant in Karakhadi, Gujarat.
Welspun Corp
The company has offloaded a 74 per cent stake in Nauyaan Shipyard for Rs 477 crore.
After the transaction, Nauyaan Shipyard has turned into an associate company from a subsidiary of Welsun Corp.
Carborundum Universal
The company has completed the acquisition of Silicon Carbide Products for about $7.047 million.
Indostar Capital Finance
The RBI has cleared the sale of Indostar Capital Finance subsidiary Niwas Housing Finance to Witkopeend BV.
Max Healthcare Institute
The company’s board has approved a merger between subsidiary Crosslay Remedies and Jaypee Healthcare.
Mini Diamonds
The company’s board is set to meet on March 31 to consider plans for expansion and fund-raising.
Karur Vysya Bank
The company has received a Rs 160 crore tax demand notice from the Income Tax Department.
Marico
The FMCG company’s water conservation project is set to achieve a capacity of more than 400 crore litres in Maharashtra, Gujarat and Tamil Nadu, through rainwater harvesting and community engagement.
Metropolis Healthcare
The company has completed the acquisition of Haryana-based Core Diagnostics.
Core Diagnostics has become a subsidiary of Metropolis Healthcare.
Stock to Track | Dr Reddy’s Laboratories
The pharma company has completed the sale of its subsidiary based out of Lousiana, USA.
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