Mars signs are visible today for the stock market. The Sensex-Nifty is expected to continue to rise for the seventh consecutive day. At the same time, due to various corporate developments and updates, investors will be eyeing 11 major stocks including Power Grid, HCL Tech, Indian Overseas Bank, Hyundai Motor India, Garden Reach Shipbuilders.
Today’s focus stocks and their updates
1⃣ Power grid
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Banaskantha Transco Limited acquired.
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Target to increase transformation capacity at Raghnesda Power Station in Gujarat.
2⃣ HCL Technologies 
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Strategic partnership with Western Union.
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Will set up a new tech center in Hyderabad.
3⃣ Indian Overseas Bank (IOB)
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35.41 crore shares allotted at the rate of ₹ 40.57 per share.
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QIP issue period closed.
4⃣ Ezamitrip
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Approval to purchase 49% stake in Big Charter.
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Investment in Brazil and Saudi Arabia.
5⃣ Hyundai Motor India
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Establishment of a tooling center in India with an investment of ₹ 694 crore.
6⃣ Britannia Industries
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Production affected by strike at Gujarat’s Jhagadia plant.
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Preparations to meet demand from alternative resources.
7⃣ RVNL (Rail Development Corporation)
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Won the Central Railway Project of ₹ 115.79 crore.
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The Electric traction system will be upgraded in the Itarsi-Amla section.
8⃣ BLS International
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Trading will be suspended from 31 March 2025.
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Delisting from MSEI from 7 April 2025.
9⃣ Garden Reach Shipbuilders (GRSE)
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Order of 7,500 DWT 2 more ships from German company.
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A total order value of a total of 8 ships is ₹ 900 crore.
NHPC
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Parabati-II Hydro Project Unit-2 (200 MW) trial success.
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All units expected to be completed by 31 March.
1⃣1⃣ IndusInd Bank
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The CGST department imposed a fine of ₹ 30.15 crore.
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The bank is considering appealing.
