Market Commentary     25-Mar-25
Stock Alert
Stock Alert: HCL Tech, Hyundai Motor India, RVNL, GRSE
Securities in F&O ban:

IndusInd Bank shares are banned from F&O trading on 25th March 2025.

Stocks to Watch:

HCL Technologies has announced a strategic partnership with Western Union to drive innovation and transformation in the financial services industry. Both companies will establish an advanced technology center in Hyderabad, India, which will further enhance Western Union's global technology capabilities and create new opportunities for innovation and talent development.

Rail Vikas Nigam (RVNL) emerged as lowest bidder for a Central Railway project worth Rs 115.79 crore. The project involves OHE modification work for the upgradation of the existing 1x25 KV electric traction system to 2x25 KV at the feeding system in the Itarsi-Amla section in the Nagpur division of Central Railway to meet the 3000 MT loading target.

Garden Reach Shipbuilders & Engineers (GRSE) signed a contract with Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG Germany for the construction and delivery of 7th & 8th multi-purpose vessel (MPV) of 7,500 DWT, in Hamburg, Germany. This contract is in line with the ‘Option Agreement’ signed between both the parties, for procurement of four additional MPVs from GRSE.

Brigade Enterprises acquired a 4.4-acre land parcel in East Bengaluru for the development of a residential project with a total development potential of 0.6 million square feet and a gross development value of approximately Rs 950 crore.

Sterling & Wilson Renewable Energy appointed Ajit Pratap Singh as the chief financial officer(CFO), effective March 24. Further, Sandeep Mathew has ceased to be the interim CFO of the company and will continue with his role as Head of Investor Relations.

Hyundai Motor India’s board approved an investment of upto Rs 694 crore for establishing and operating a tooling centre in India.

Previous News
  HCL Technologies enters into multi-year strategic collaboration with OpenAI
 ( Corporate News - 30-Jun-25   19:29 )
  HCL Technologies reinforces its leadership in multi-agent AI innovation
 ( Corporate News - 26-Jun-25   15:58 )
  Garden Reach Shipbuilders & Engineers Ltd leads losers in 'A' group
 ( Hot Pursuit - 25-Jun-25   15:00 )
  HCL Technologies collaborates with AMD
 ( Corporate News - 24-Jun-25   15:46 )
  Garden Reach Shipbuilders & Engineers Ltd leads losers in 'A' group
 ( Hot Pursuit - 24-Jun-25   15:00 )
  IndusInd Bank launches five new PIONEER branches strengthening its wealth management biz
 ( Corporate News - 23-Jun-25   13:36 )
  HCL Technologies to hold board meeting
 ( Corporate News - 21-Jun-25   09:34 )
  Just energy partners with HCLTech for AI-led business transformation
 ( Corporate News - 19-Jun-25   15:20 )
  Nifty June futures trade at premium
 ( Market Commentary - Futures Market 18-Jun-25   16:21 )
  Indusind Bank jumps on brokerage upgrade
 ( Hot Pursuit - 18-Jun-25   15:06 )
  IndusInd Bank signs MoU with Enterprise Incubation Centre at IIM, Lucknow
 ( Corporate News - 13-Jun-25   14:20 )
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