Market Commentary     26-Mar-25
Stock Alert
Stock Alert: IREDA, NCC, Welspun Ent, ONGC, Aditya Birla Capital
Securities in F&O Ban:

IndusInd Bank shares are banned from F&O trading on 26 March 2025.

Stocks to Watch:

NCC received two advance work orders worth Rs 10,804.6 crore from Bharat Sanchar Nigam for the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network of BharatNet in Uttarakhand Telecom Circle and Madhya Pradesh, DNH, and DD telecom circles.

Welspun Enterprises’ subsidiary, Welspun Michigan Engineers, in joint venture with Aaradhyaa & Co, has secured a new order worth Rs 328.12 crore from Brihanmumbai Municipal Corporation (BMC) for the upgradation of the Haji Ali Storm Water Pumping Station in Mumbai, Maharashtra, followed by 15 years of operations and maintenance.

Minda Corporation’s board will meet on 28 March 2025 to consider raising funds by way of issue of one or more instruments or securities.

Oil & Natural Gas Corporation (ONGC) will make an investment of Rs 3,300 crore in subsidiary ONGC Green via rights issue. The subsidiary will utilize the proceeds for the acquisition of a 100% equity stake in Ayana Renewable Power through ONGC NTPC Green (ONGPL). ONGPL is a 50:50 joint venture company of ONGC Green and NTPC Green Energy. The company's subsidiary, ONGC Videsh, will invest up to Rs 1,500 crore in Beas Rovuma Energy Mozambique. Beas Rovuma Energy Mozambique is a subsidiary of ONGC Videsh with 60% shareholding, and the other joint venture partner is Oil India.

Indian Renewable Energy Development Agency's (IREDA) board has approved the borrowing program of up to Rs 30,800 crore for FY 2025-26. IREDA has raised Rs 910.37 crore through the issuance of privately placed subordinated Tier-II bonds for a 10-year tenor at an annual coupon rate of 7.74%.

Previous News
  Deep Industries secures contract worth Rs 59 cr from ONGC Corpn
 ( Corporate News - 06-Apr-26   20:18 )
  Oil & Natural Gas Corpn reports fire incident at SHP Platform, Mumbai High Asset
 ( Corporate News - 04-Apr-26   10:13 )
  NCC spurts after securing Rs 2,469 crore worth of orders in March
 ( Hot Pursuit - 01-Apr-26   10:17 )
  Oil & Natural Gas Corpn Ltd soars 1.35%, gains for fifth straight session
 ( Hot Pursuit - 30-Mar-26   13:00 )
  Oil & Natural Gas Corpn Ltd up for third straight session
 ( Hot Pursuit - 19-Mar-26   13:05 )
  ONGC Corpn subscribes to rights issue of two JV companies
 ( Corporate News - 07-Mar-26   10:56 )
  Volumes spurt at Tata Investment Corporation Ltd counter
 ( Hot Pursuit - 19-Feb-26   14:30 )
  Oil & Natural Gas Corpn fixes record date for 2nd interim dividend
 ( Market Beat - Reports 13-Feb-26   09:51 )
  Board of ONGC recommends Second Interim dividend
 ( Corporate News - 13-Feb-26   09:50 )
  ONGC Q3 PAT rises 2% YoY to Rs 8,372 cr
 ( Hot Pursuit - 13-Feb-26   09:48 )
  Oil & Natural Gas Corpn consolidated net profit rises 16.67% in the December 2025 quarter
 ( Results - Announcements 13-Feb-26   07:38 )
Other Stories
  Stock Alert: HDFC Life Insurance Co, Wipro, Alok Industries, VST Industries, Waaree Renewable Tech
  17-Apr-26   08:10
  Stock Alert: Infosys, HDB Financial Services, ICICI Lombard, Tejas Networks, Tata Communications
  16-Apr-26   07:53
  Stock Alert: H.G. Infra Eng, Swaraj Engines, ArisInfra Solutions, Just Dial, ICICI Prudential AMC, DCX Systems
  15-Apr-26   07:45
  Stock Alert: Panacea Biotec, Advance Agrolife, Zaggle Prepaid Ocean Services, Emerald Leisures, L&T
  13-Apr-26   07:47
  Stock Alert: TCS, Wipro, GHV Infra, Ashiana Housing, Poonawalla Fincorp
  10-Apr-26   07:50
  Stock Alert: Lupin, KEC International, NTPC, Signature Global, Info Edge India
  09-Apr-26   07:23
  Stock Alert: Ashiana Housing, Infosys, Swan Defence, Aurobindo Pharma, Prostarm Info
  08-Apr-26   07:04
  Stock Alert: Godrej Consumer Products, IRFC, Aurobindo Pharma, Titagarh Rail Systems, Globus Spirits
  07-Apr-26   07:04
  Stock Alert: D Mart, L&T Finance, HDFC Bank, Bajaj Finance, Kernex Microsystems, Dabur India
  06-Apr-26   07:21
  Stock Alert: Hero Motocorp, NMDC, Wipro, Indian Bank, Tilaknagar Inds, IOCL
  02-Apr-26   07:43
Back Top