The stock market is buzzing with action. If you are uncertain about which stocks to focus on, here is a detailed overview of the stock-related news overnight. You can track all the action in these stocks.
Earlier, on Wednesday, the NSE Nifty 50 closed the session 27 points or 0.12% lower at 22,470, while the BSE Sensex fell 73 points or 0.10% to close at 74,030.
ALSO READMarkets close flat; Nifty below 22,500; Big cut in tech stocks, Nifty IT index at 8-month low
Stocks to watch on March 13, 2025
Infosys
Enterprise AI is driving business transformation, with over 50% of AI use cases delivering impact, according to Infosys. Success is highest in professional services and tech, while financial services face regulatory hurdles. Satish H C, EVP, chief delivery officer, Infosys, said that the company invests in small language models, Agentic AI, and workforce transformation to enhance AI-driven automation.
BEML
BEML signed two Memorandums of Understanding (MoUs) to expand its presence in the rail and dredging sectors. The company entered into a non-binding MoU with Siemens, India, to jointly explore opportunities in the semi-high-speed and suburban passenger train segments, as well as metro and commuter rail markets.
Jubilant Pharmova
Jubilant Pharmova said its subsidiary, Jubilant Cadista Pharmaceuticals Inc., received an Establishment Inspection Report (EIR) with a Voluntary Action Indicated (VAI) status from the US Food and Drug Administration (USFDA) for its solid oral formulations facility in Salisbury, Maryland.
BEL
Bharat Electronics received a Rs 2,463 crore contract (excluding taxes) from the Ministry of Defence for the supply and services of Ashwini Radars to the Indian Air Force.
Coromandel International
Coromandel International signed definitive agreements to acquire a 53% stake in NACL Industries for Rs 820 crore at Rs 76.7 per share. The shares will be acquired from the current promoter, KLR Products.
Jaiprakash Associates
The group of lenders to Jaiprakash Associates has moved its due debt, including the associated securities and guarantees, to the National Asset Reconstruction Company. The assignment was executed via a Deed of Assignment as confirmed by NARCL in a separate letter to the lenders.
Reliance Capital
National Company Law Tribunal (NCLT) gave additional eight days to all parties to complete procedural issues for the ownership transfer of debt-ridden Reliance Capital (RCAP) to IndusInd International Holdings (IIHL).
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