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
  Trishakti Industries wins order of Rs 6 cr from NCC
 ( Corporate News - 04-Apr-25   13:51 )
  Trishakti Inds secures Rs 6-cr order from NCC
 ( Hot Pursuit - 04-Apr-25   11:23 )
  Deep Industries commences production enhancement ops for mature fields at Rajahmundry Asset
 ( Corporate News - 03-Apr-25   19:40 )
  Oil & Natural Gas Corpn Ltd Spurts 1.98%
 ( Hot Pursuit - 28-Mar-25   09:30 )
  Board of Welspun Enterprises approves sale of entire stake held in its non-operative subsidiaries
 ( Corporate News - 27-Mar-25   11:13 )
  Welspun Ent gains on securing Rs 79-cr order from VMC
 ( Hot Pursuit - 27-Mar-25   10:04 )
  Welspun Ent arm secures Rs 328-cr order from BMC
 ( Hot Pursuit - 26-Mar-25   11:19 )
  Nifty slips below 23,700 level; metal shares jump
 ( Market Commentary - Mid-Session 26-Mar-25   10:30 )
  NCC jumps on bagging order worth Rs 10,805-cr from BSNL
 ( Hot Pursuit - 26-Mar-25   10:05 )
  Indices trade with decent gains in early trade; breadth positive
 ( Market Commentary - Mid-Session 26-Mar-25   09:31 )
  Stock Alert: IREDA, NCC, Welspun Ent, ONGC, Aditya Birla Capital
 ( Market Commentary - Stock Alert 26-Mar-25   08:41 )
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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