In today’s trading session, several companies are set to capture investor attention with significant developments. From strategic acquisitions to new contracts, these businesses are poised for impactful moves in the market. Here’s a closer look at the key players that could influence market dynamics today.
ITC’s Bold Acquisition in the Paper Sector
ITC has made headlines by entering into a Business Transfer Agreement with Aditya Birla Real Estate (ABREL) to acquire its pulp and paper division, Century Pulp and Paper. This deal, valued at ₹3,500 crore, encompasses all assets, liabilities, contracts, and personnel, and will proceed as a slump sale. However, the agreement is pending approval from both the Competition Commission of India and the Ministry of Environment.
Adani Energy Solutions Expands Its Portfolio
In a strategic move, Adani Energy Solutions has successfully acquired Mahan Transmission, purchasing all shares of the Special Purpose Vehicle (SPV). This acquisition is a significant step in enhancing the company’s foothold within the energy sector.
Hindustan Aeronautics Secures Major Defense Contracts
The Ministry of Defence has inked contracts with Hindustan Aeronautics for the provision of 156 Light Combat Helicopters (LCH), known as Prachand. This order includes 90 helicopters for the Indian Army and 66 for the Indian Air Force, with a total value of approximately ₹62,700 crore. Additionally, the company reported a provisional revenue of ₹30,400 crore for FY25, showing slight growth from the previous year’s ₹30,381 crore. As of March 2025, its substantial order book stands at ₹1,84,000 crore, a remarkable increase from ₹94,129 crore.
Asian Paints to Boost Production Capacity
Asian Paints has announced plans to invest ₹3,250 crore in establishing a new chemical manufacturing facility in Gujarat. This initiative aims to significantly enhance its chemical production capabilities.
Vedanta Extends Scheme of Arrangement Deadline
The board of Vedanta has decided to extend the deadline for fulfilling the conditions of its Scheme of Arrangement. This includes obtaining necessary approvals from the National Company Law Tribunal and relevant government entities, moving the deadline from March 31 to September 30, 2025. The scheme involves various subsidiaries including Vedanta Aluminium Metal and Vedanta Iron and Steel.
NCC Reports New Orders
In March 2025, NCC secured additional orders worth ₹5,773 crore across various divisions. The transportation sector received ₹2,686 crore, while the building division accounted for ₹2,139 crore, and the water and environment division secured ₹948 crore.
Engineers India Wins Consultancy Contracts
Engineers India has announced that it has obtained consultancy contracts totaling ₹245 crore from state-owned enterprises for project execution in Maharashtra and West Bengal.
Power Mech Projects Lands Major Contracts
Power Mech Projects has been awarded a ₹425 crore contract from Mirzapur Thermal Energy, which is part of Adani Power, for civil construction and prefabricated structural steel installation. Additionally, the company secured a substantial ₹972.135 crore contract from the National Highways Authority of India for a four-lane bypass project in Jharkhand under the Hybrid Annuity Model.
Vodafone Idea’s Government Equity Conversion
Vodafone Idea has announced that the government will convert its dues into equity, acquiring shares valued at ₹36,950 crore at an issue price of ₹10 per share.
NHPC Commences Hydroelectric Project Operations
NHPC has officially started commercial operations for Units I, II, and III of the Parbati-II Hydroelectric Project (4×200 MW) located in Himachal Pradesh. The date for the trial run and commercial operations of the remaining Unit IV (200 MW) will be announced shortly.
As these developments unfold, investors and market analysts will be keenly watching the implications for each company and the broader market landscape.
