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Stocks to Watch Today: Infosys, BEML, Jubilant Pharmova, Bharat Electronics, NACL Industries, Yatra Online, Swelect Energy Systems in focus on 13 March...
Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, appointments and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
Infosys
The digital services and consulting company announced the expansion of its long-standing strategic collaboration with NYSE-listed Citizens (one of the oldest and largest financial institutions in the US). Citizens will leverage Infosys’ deep domain expertise in financial services and its innovative technologies, including AI, cloud, and automation, to develop cloud-native domain platforms and achieve a data center exit.
BEML
The company has signed a non-binding Memorandum of Understanding (MoU) with Siemens India to jointly explore opportunities in the semi-high-speed and suburban passenger train segments, as well as in the metro and commuter rail markets. Additionally, the company has signed an MoU with Dragflow S.R.L., Italy Forge, to strengthen indigenous dredging solutions.
Jubilant Pharmova
The company’s US-based subsidiary, Jubilant Cadista Pharmaceuticals Inc., has received the Establishment Inspection Report (EIR) with Voluntary Action Indicated (VAI) status from the US Food and Drug Administration (USFDA) for its solid oral formulations facility at Salisbury. The regulator had inspected the facility in January 2025. With the receipt of the EIR from the USFDA, the inspection is now successfully closed. Going forward, the facility is not expected to manufacture any products as it has ceased manufacturing operations, effective April 18, 2024.
Bharat Electronics
The company has signed a contract with the Ministry of Defence valued at Rs 2,463 crore for the supply and services of Ashwini radars to the Indian Air Force. With this, the company has accumulated orders totaling Rs 17,030 crore in the current financial year.
Tata Steel
Rajiv Kumar has resigned as Vice President - Operations of Tata Steel Kalinganagar, effective March 12.
NHPC
The Board will meet on March 19 to consider the borrowing plan for raising debt for the financial year 2025-26.
NTPC Green Energy
The company has successfully commissioned the second and final part of the capacity (50 MW) out of the 105 MW Shajapur solar project (Unit-1) of its subsidiary, NTPC Renewable Energy. The first part capacity of 55 MW was already declared to be in commercial operation, effective November 29, 2024.
Firstsource Solutions
The company's subsidiary, Firstsource Group USA Inc., has incorporated a new wholly owned subsidiary, Firstsource Solutions Limited Colombia S.A.S.
Coromandel International
Coromandel is set to acquire a 53% shareholding in NACL Industries for Rs 820 crore at a price of Rs 76.7 per share from the current promoter, KLR Products. Coromandel also proposes to make an open offer to the public to acquire up to 26% of the equity share capital of NACL.
Yatra Online
Rohan Purshottamdas Mittal has resigned as Group Chief Financial Officer of the company to pursue new opportunities.
SP Apparels
The Board has re-appointed Sundararajan Shantha and Sundararajan Chenduran as Joint Managing Directors of the company, for a period of three years, effective August 11, 2025.
Zydus Lifesciences
Zynext Ventures USA LLC, the venture capital arm of Zydus, announced its investment in biopharmaceutical company Illexcor Therapeutics. Illexcor is developing next-generation oral therapies for sickle cell disease (SCD). This investment underscores Zynext Ventures' commitment to supporting disruptive healthcare innovations that address significant unmet medical needs.
Jaiprakash Associates
The consortium of lenders has assigned/transferred their outstanding debt/financial assets charged for financial assistance granted by them to Jaiprakash Associates in favour of the National Asset Reconstruction Company (NARCL).
Swelect Energy Systems