Every trading day brings its own set of surprises like major deals, leadership shifts, and investments that dictate market trends. Today’s lineup includes corporate makeovers, billion-dollar deals, and key announcements. Here is a snapshot of the key stocks that will be in focus for today’s trading session.
Market recap
Indian equity indices surged on March 20, with the Nifty closing just shy of the 23,200 mark. The Sensex soared 1.19% to close at 76,348, while the Nifty climbed 1.24% to end at 23,190.
Stocks to watch on March 21, 2025 Tech stocks
Indian IT stocks, including Infosys, Wipro, TCS, and more will be in focus today after Accenture released its second-quarter earnings. The global IT services giant raised the lower end of its full-year revenue forecast but narrowed its guidance range, citing an uncertain environment for discretionary spending.
Zomato
The online food delivery giant has undergone a major transformation. The Ministry of Corporate Affairs (MCA) has approved the company’s name change to Eternal Limited, effective March 20.
Manappuram Finance
Global private equity giant Bain Capital is investing Rs4,385 crore in Manappuram Finance through a preferential allotment. The company will issue 9.29 crore equity shares at Rs 236 per share to Bain Capital’s investment entities.
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Hindalco, India’s leading aluminium producer, is planning a massive Rs 45,000 crore investment across its aluminium, copper, and speciality alumina businesses. Aditya Birla Group Chairman Kumar Mangalam Birla reaffirmed the company’s commitment to growth while announcing a new brand identity.
Bajaj Finance
The NBFC major has announced key leadership changes, appointing Rajeev Jain as vice chairman (executive director) for a three-year term from April 1, 2025. Additionally, Anup Kumar Saha has been promoted to managing director.
TVS Motor Company
The two- and three-wheeler manufacturer has announced a 1000% interim dividend, translating to Rs 10 per share. The total payout stands at Rs 475 crore for the financial year ending March 31, 2025.
Hindustan Unilever (HUL)
HUL has acquired a 14.3% stake in Lucro Plastecycle. Lucro is a key player in recycled flexible plastics, and this move is in line with HUL’s goal of achieving a zero plastic waste future.
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