Market Commentary     05-Mar-25
Stock Alert
Stock Alert: Force Motors, Biocon, Adani Wilmar, JSW Energy, GE Vernova, ONGC,
Here are some of the stocks that will be in focus during today’s trading session.

Stocks to Watch:

Force Motors total sales jumped 46.28% to 3,600 units in February 2025 as compared with 2461 units sold in February 2024.

Biocon’s subsidiary, Biocon Pharma, has received final approvals for its two ANDAs - Lenalidomide capsules and Dasatinib tablets - from the US Food and Drug Administration (US FDA). Meanwhile, Biocon Pharma also received tentative approval for its ANDA for Rivaroxaban tablets, which are used in the treatment of deep vein thrombosis and pulmonary embolism.

Adani Wilmar has signed a definitive agreement to acquire GD Foods Manufacturing (India), the owner of the 'Tops' brand. The acquisition will be executed in multiple tranches, with 80% of the shares to be acquired in the first tranche and the remaining 20% to be acquired over the next three years.

GE Vernova T&D India has received three orders worth Rs 500 crore from Power Grid Corporation of India for the supply and installation of transformers and reactors under bulk procurement.

Power Grid Corporation of India has been declared the successful bidder for three projects to establish an inter-state transmission system under build own operate and transfer (BOOT) basis. The three projects include the transmission system for the evacuation of power from the Rajasthan REZ Ph-V complex, augmentation of transformation capacity at Banaskantha (Raghanesda) PS (GIS), and the transmission system for the integration of Kurnool-IV REZ - Phase-I (for 4.5 GW).

Walchandnagar Industries announced the acquisition of 60.3% stake in AiCitta Intelligent Technology, a company engaged in R&D and the manufacture of unmanned ground vehicles (UGVs).

Oil & Natural Gas Corporation (ONGC)’s subsidiary, ONGC Green has acquired a 100% stake in PTC Energy for Rs 925 crore. PYC Energy is enegaged in the renewable energy business and has an aggregate operational wind generation capacity of 288.80 MW. Further, PTC Energy operates 157 wind turbine generators (WTGs) across all its farm winds.

JSW Energy said that the Competition Commission of India (CCI) has approved the acquisition of KSK Mahanadi Power Company.

Previous News
  Force Motors to declare Quarterly Result
 ( Corporate News - 19-Apr-25   10:33 )
  Biocon surges on U.S. deal for Eylea copycat drug
 ( Hot Pursuit - 15-Apr-25   09:58 )
  Biocon Biologics inks a settlement and license agreement with Regeneron
 ( Corporate News - 15-Apr-25   09:29 )
  Biocon Biologics receives USFDA approval for Jobevne™ (Biosimilar Bevacizumab)
 ( Corporate News - 10-Apr-25   13:25 )
  Biocon unit gets U.S. FDA nod for cancer drug biosimilar
 ( Hot Pursuit - 10-Apr-25   11:07 )
  Stock Alert: IndusInd Bank, Indian Bank, Godrej Properties, Force Motors, Aurobindo Pharma
 ( Market Commentary - Stock Alert 07-Apr-25   08:25 )
  Board of Biocon approves CP issuance of Rs 600 cr
 ( Corporate News - 05-Apr-25   14:34 )
  Force Motors’ domestic sales climb 11% YoY in March 2025
 ( Hot Pursuit - 05-Apr-25   10:30 )
  Deep Industries commences production enhancement ops for mature fields at Rajahmundry Asset
 ( Corporate News - 03-Apr-25   19:40 )
  Biocon to table results
 ( Corporate News - 03-Apr-25   09:49 )
  Biocon to convene board meeting
 ( Corporate News - 02-Apr-25   10:19 )
Other Stories
  Stock Alert: Wipro, Angel One, Waaree Renewable Tech, Infosys, BHEL
  17-Apr-25   08:35
  Stock Alert: IREDA, Wipro, Swiggy, Lemon Tree Hotels, Dabur India, Angel One
  16-Apr-25   08:35
  Stock Alert: Ircon Intl, Sula Vineyards, Ashiana Housing, NCL Inds, Orient Cement, Aurobindo Pharma
  15-Apr-25   08:29
  Stock Alert: TCS, Coromandel Intl, JSW Energy, Biocon, Jindal Stainless Steel
  11-Apr-25   08:29
  Stock Alert: Shyam Metalics, Senco Gold, NTPC Green Energy, Signatureglobal (India)
  09-Apr-25   08:38
  Stock Alert: Bharat Electronics, Titan Company, Mahindra & Mahindra, P N Gadgil Jewellers
  08-Apr-25   08:35
  Stock Alert: IndusInd Bank, Indian Bank, Godrej Properties, Force Motors, Aurobindo Pharma
  07-Apr-25   08:25
  Stock Alert: HDFC Bank, Bajaj Finance, Alivus Life Science, Ultratech Cement, Nestle India
  04-Apr-25   08:37
  Stock Alert: M&M Financial Services, MOIL, Central Bank of India, Maruti Suzuki India
  03-Apr-25   08:40
  Stock Alert: Tata Motors, Hyundai Motor India, Zaggle Prepaid, V-Mart Retail
  02-Apr-25   08:38
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