Stocks to Watch Today (March 16, 2026): JSW Steel, VA Tech Wabag, Zydus Lifesciences, Ola Electric, RailTel and more

Stocks to Watch Today (March 16, 2026): Indian markets may see stock-specific action on Monday, March 16, amid corporate developments across metals, infrastructure, healthcare and technology companies. Order wins, tax notices and business expansion updates are likely to keep several stocks in focus.

HLE Glascoat

The company commissioned a captive power generation project in Gujarat through Clean Max Anchorage. The project includes 2.31 MWp of solar power and 3.30 MW of wind power capacity and became fully operational from March 13.

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GE Power India

Whole-time director and chief financial officer Ashish Ghai resigned from his position to pursue opportunities outside the company.

Ventive Hospitality

The company received a payment notice of about Rs 6.38 crore from the Income Tax Department.

SBI Life Insurance

The company received a GST tax demand related to FY20. A demand of about Rs 5.96 crore along with a penalty of about Rs 60 lakh has been upheld by the Bhopal GST department. The company plans to file an appeal before the tribunal.

Narayana Hrudayalaya

Step-down subsidiary Narayana Hrudayalaya UK incorporated a new subsidiary named Practice Plus Group Property to undertake real estate and property-related business.

Bharat Coking Coal

The company terminated its agreement with Loyabad Coalfields related to the reopening, development and operation of the Loyabad coal mine on a revenue-sharing basis. The commercial viability of the mine will be reassessed.

Brainbees Solutions (FirstCry)

The company expanded its Qwik delivery service to Bengaluru, Pune and Hyderabad.

Sunteck Realty

The company transferred the entire 100 per cent stake of subsidiary Magenta Buildcon to Etashi Real Estates. Additionally, Sunteck Infracon’s entire stake has been transferred to Magenta Buildcon as part of internal restructuring.

JSW Steel

The company secured rights to develop the Minas de Revubo coking coal mine in Mozambique, strengthening its access to raw material resources.

VA Tech Wabag

A joint venture involving the company received a mega order worth over Rs 1,000 crore from the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB). The project involves building a looped water grid for the entire Chennai city and is funded by the Asian Development Bank.

ITCONS E-Solutions

The company secured a contract worth about Rs 2.81 crore from the Ministry of Defence’s Aeronautical Development Agency for manpower outsourcing services for a period of one year.

Ram Ratna Wires

The Income Tax Department issued a tax demand order of about Rs 10.22 crore, including interest of around Rs 1.94 crore. The company is reviewing the order and may file an appeal.

Ola Electric Mobility

The company launched a nationwide campaign called EndICEAge to promote electric two-wheelers over petrol-powered vehicles. Discounts of about Rs 10,000 are being offered on Ola S1 scooters and Roadster motorcycles, along with an eight-year battery warranty.

Jindal Stainless

Promoter JSL Overseas Holding increased its stake to 16.99 per cent after acquiring an additional 0.08 per cent stake through open market purchases on March 11–12.

RailTel Corporation of India

The company received two work orders. One order worth about Rs 34.3 crore came from South Central Railway, while another order worth about Rs 29.9 crore was received from the Uttar Pradesh Police Recruitment and Promotion Board for providing support services during recruitment examinations.

Protean eGov Technologies

The company received an order from the Mumbai CGST department demanding tax of about Rs 6.28 crore related to input tax credit along with a penalty of about Rs 62.8 lakh. The company is considering filing an appeal.

Western Carriers (India)

Promoter Rajendra Sethia increased his stake by 0.09 per cent through open market purchases on March 13, raising his holding to 72.74 per cent.

Amagi Media Labs

SBI Mutual Fund increased its stake in the company by 0.57 per cent through market purchases on March 12, taking its total holding to 7.64 per cent.

Dilip Buildcon

The company emerged as the lowest bidder for an EPC road project worth about Rs 160 crore in Odisha.

Tata Consumer Products

The company received a tax demand notice of about Rs 98.03 crore from the Kolkata tax department. The company plans to file an appeal against the order.

Zydus Lifesciences

The company granted a license for its drug Desidustat to China Medical System Holdings. The drug has also received approval from China’s National Medical Products Administration for treating anaemia caused by chronic kidney disease.

Fino Payments Bank

The bank reported a 9 per cent rise in deposit balance to about Rs 2,900 crore over the past two weeks, marking an all-time high. Around 1.5 lakh new bank accounts have been opened since February 27, with about 10,000 accounts being added daily.

Bajaj Electricals

The company received two assessment orders related to input tax credit from authorities in Tamil Nadu with a total tax demand of about Rs 19.93 crore.