In the fast-paced world of finance, it’s essential to stay updated on significant business developments that can impact the markets. With daily fluctuations and new announcements, it can be challenging to discern what truly matters. To simplify things for you, we’ve rounded up the most notable stocks making headlines today.
Market Overview
On March 17, the Indian stock market closed positively, with both the Sensex and Nifty showing impressive gains. The Sensex climbed by 341.04 points or 0.46%, finishing at 74,169.95, while the Nifty saw an increase of 111.50 points or 0.50%, closing at 22,508.75.
Key Stocks to Watch on March 18, 2025
Tata Motors
Tata Motors is set to raise prices on its commercial vehicles by as much as 2%, effective April 1. This adjustment comes in response to escalating input costs and will differ across various models.
Religare Enterprises
Religare Enterprises has partnered with Trilegal and Grant Thornton Bharat LLP to conduct a thorough governance review. This initiative aims to evaluate previous practices and investigate any potential misconduct by current and former employees.
IREDA
The Indian Renewable Energy Development Authority (IREDA) has boosted its borrowing capacity by ₹5,000 crore, now totaling ₹29,200 crore for the fiscal year 2024-25. This capital will be secured through corporate bonds and support from banks and international investors.
Swiggy
Swiggy Instamart has made strides in expanding its quick commerce services, now operating in 100 cities. Recently, it added 32 new locations, including Raipur, Siliguri, Jodhpur, and Thanjavur in 2025.
Bank of Maharashtra
The Bank of Maharashtra, a government-owned entity, has received an administrative warning from SEBI due to failures in conducting required NRC meetings for fiscal years 2022-23 and 2023-24. The bank is committed to addressing and rectifying the issue swiftly.
IRCON International
In collaboration with Badri Rai and Company, IRCON International has successfully secured an ₹1,096.17 crore EPC contract from the Directorate of Urban Affairs in Meghalaya.
Aditya Birla Real Estate
Aditya Birla Real Estate has launched a new residential project named Birla Punya in Pune’s Sangamwadi area. This development is set to feature approximately 1,000 apartments spread across four towers.
JM Financial
JM Financial is transferring its private wealth division to its subsidiary, JM Financial Services Ltd, for ₹11.08 crore. This move aims to streamline and enhance its wealth management offerings.
Suryoday Small Finance Bank
Baskar Babu Ramachandran, the Managing Director and CEO of Suryoday Small Finance Bank, has increased his stake in the institution to 5.18% from 5.04% by purchasing 150,000 shares in the open market. This has raised the promoter group’s total holding to 22.44%.
NBCC India
NBCC India has been awarded a project management consultancy contract worth ₹44.62 crore for infrastructure development at the Mahatma Gandhi Institute for Rural Industrialisation located in Wardha.
By keeping an eye on these developments, investors can better navigate the ever-changing landscape of the stock market. Stay informed and ready to seize opportunities as they arise!
