Every trading day presents a unique array of developments that can significantly impact market dynamics. From strategic corporate transformations to high-stakes investments, today’s stock market is buzzing with activity. Let’s dive into the most noteworthy stocks that are poised to capture attention in today’s trading session.
Market Overview
On March 20, 2025, Indian equity markets experienced a robust rally. The benchmark Sensex surged by 1.19%, concluding the day at 76,348, while the Nifty index climbed 1.24%, settling just below the 23,200 threshold at 23,190.
Key Stocks to Watch on March 21, 2025
Tech Sector Highlights
Prominent IT firms such as Infosys, Wipro, and TCS are in the spotlight following Accenture’s recent earnings report. Accenture has adjusted its revenue outlook, raising the lower end of its forecast while narrowing the range, reflecting cautious spending trends in the current economic climate.
Zomato’s Transformation
The online food delivery service Zomato has made headlines with its recent rebranding. The Ministry of Corporate Affairs has officially sanctioned the change of its name to Eternal Limited, effective as of March 20.
Major Investment in Manappuram Finance
In a significant move, Bain Capital, a leading global private equity firm, is set to invest ₹4,385 crore in Manappuram Finance through a preferential allotment. This will involve the issuance of 9.29 crore equity shares priced at ₹236 each.
Important Developments to Note
Hindalco’s Ambitious Plans
Hindalco, a front-runner in the aluminium sector, has unveiled an ambitious investment strategy, committing ₹45,000 crore towards enhancing its aluminium, copper, and specialty alumina operations. Kumar Mangalam Birla, Chairman of the Aditya Birla Group, emphasized the company’s dedication to growth alongside a new brand identity.
Leadership Changes at Bajaj Finance
In exciting corporate news, Bajaj Finance has made significant leadership adjustments. Rajeev Jain has been appointed as vice chairman (executive director) for a three-year tenure starting April 1, 2025, while Anup Kumar Saha has been elevated to managing director.
TVS Motor Company’s Dividend Announcement
TVS Motor Company, known for its two- and three-wheeler vehicles, has declared an impressive 1000% interim dividend, equating to ₹10 per share, with a total payout amounting to ₹475 crore for the fiscal year ending March 31, 2025.
Strategic Moves by Industry Leaders
Hindustan Unilever (HUL) has taken a strategic step by acquiring a 14.3% stake in Lucro Plastecycle, a company specializing in recycled flexible plastics. This acquisition aligns with HUL’s commitment to achieving a sustainable, zero-plastic-waste future.
Tata Consultancy Services (TCS) has broadened its reach in the banking technology sector by partnering with the Cumberland Building Society in the UK to upgrade its core banking infrastructure.
RailTel Corporation of India has secured a significant contract worth ₹16.89 crore from the Ministry of Defence for the installation of optical fiber cables.
JSW Energy has successfully raised ₹800 crore through a private placement of non-convertible debentures (NCDs), as part of its larger fundraising initiative aimed at reaching ₹3,000 crore.
Torrent Power has also made strides with its subsidiary, Torrent Green Energy, launching a new entity known as Torrent Urja 43.
As the market continues to evolve, these developments will undoubtedly shape the trading landscape. Keep an eye on these stocks as they navigate through a dynamic financial environment.
