The stock market is buzzing with action today! Big contract wins, high-value investments, and major partnerships are driving interest across key sectors. From railways and real estate to IT and biotech, here are the top stocks making headlines.
Market Recap
Indian stock markets wrapped up March 6 on a high note, with strong gains across key indices. The Sensex surged 610 points or 0.83% to close at 74,340, while the Nifty rallied 207 points or 0.93%, ending above 22,500.
Stocks to watch on March 07, 2025 TCS
TCS has strengthened its partnership with financial giant Northern Trust, which manages $17.4 trillion in assets. The IT major will deploy its BaNCS Global Securities Platform to streamline custody operations across 99 markets.
Bajaj Finserv
Bajaj Finserv’s insurance subsidiaries are seeing big numbers- Bajaj Allianz General Insurance collected Rs 1,219 crore in premiums for February, pushing its total for the year to Rs 20,006 crore. Bajaj Allianz Life Insurance reported Rs 1,080.33 crore in new business premiums for February, with total collections reaching Rs 10,469.77 crore.
Kalpataru Projects
Kalpataru Projects has secured fresh orders worth Rs 2,306 crore, covering international transmission and distribution (T&D) projects and new building contracts in India.
ALSO READWhy are oil-sensitive stocks rallying? Asian Paints, BPCL, HPCL up as much as 4% Biocon
Biocon Biologics has joined forces with Civica Inc, a not-for-profit pharma company in the US, to provide affordable insulin aspart. This move strengthens Biocon’s presence in the American market.
RVNL
Rail Vikas Nigam Ltd (RVNL) has bagged a Rs 156.36 crore contract from South Western Railway. The project involves electrification and infrastructure upgrades, strengthening RVNL’s role in India’s railway expansion.
BEL
State-run Bharat Electronics Ltd (BEL) has bagged Rs 577 crore in fresh defence orders. These include electronic warfare systems, communication solutions for submarines, and radar upgrades.
Laurus Labs
Laurus Labs is pumping Rs 833 crore into its joint venture with Slovenia’s KRKA Pharma. KRKA will invest Rs 867 crore, keeping the 51:49 ownership split intact.
‘We do not need to raise CNG prices’ RITES
RITES has won a Rs 27.96 crore contract to survey the Hyderabad-Bengaluru and Hyderabad-Chennai high-speed rail corridors.
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