Stocks to Watch Today, 20th March 2025: Adani Enterprises, Wipro, Trent, DMart, and more

The Indian equity markets witnessed a positive close on Wednesday, 19th March 2025, setting the stage for a flurry of corporate news expected to influence trading on Thursday, 20th March. The Nifty finished above the 22,900 mark, climbing 0.32% to settle at 22,907.60, while the Sensex gained 0.20% to reach 75,449.05. Investors will be closely monitoring the developments unveiled by several key players across sectors.

Key Stocks in Focus

Adani Enterprises: The company has been active through its subsidiary, Kutch Copper Limited (KCL), by entering into a joint venture with Praneetha Ventures. The newly formed entity, Praneetha Ecocables Limited, will focus on the manufacturing and distribution of metal products, cables, and wires. The shareholding ratio in this venture stands at 50:50.

Wipro: It has announced the launch of its Agentic AI services. These services are designed to assist countries in building and deploying artificial intelligence solutions while ensuring data sovereignty. Powered by NVIDIA AI Enterprise software, this move aligns with the increasing global emphasis on AI-driven innovation.

Hyundai Motor India: Announced a price increase of up to 3% across all its models, effective from April 2025. The company attributes this hike to rising input costs, increased commodity prices, and higher operational expenses. The exact quantum of the price increase will vary depending on the model and variant.

Trent: The retail arm of the Tata Group, is consolidating its operations. Its subsidiary, Booker India Limited, has acquired 100% equity in THPL Support Services Limited from Trent Hypermarket for ₹166.36 crore.

UltraTech Cement: It has been focusing on expanding its production capacity, having added 1.2 million tonnes per annum (MTPA) through operational optimisation and debottlenecking at various plants.

Dhanlaxmi Bank: The company has announced its intention to raise up to ₹150 crore through unsecured non-convertible debentures (Basel III-compliant Tier-II bonds). Each bond will have a face value of ₹1 crore and a tenure of 10 years.

Mishra Dhatu Nigam: A state-owned entity, has declared an interim dividend of ₹0.75 per share, representing 7.5% of the face value. The record date for shareholders to be eligible for this payout is set for 25th March 2025.

Avenue Supermarts: Which operates DMart, has made an investment of ₹175 crore in its subsidiary, Avenue E-Commerce (AEL). This was done by subscribing to 46,778,000 equity shares of ₹10 each at an issue price of ₹37.41 per share.

NHPC: NHPC's board has approved a borrowing plan to raise up to ₹6,300 crore in the financial year 2025-26 through non-convertible corporate bonds, to be issued in one or more series or tranches on a private placement basis.

CEAT: Tyre manufacturer CEAT is reportedly focusing on expanding its presence in the premium ultra-high-performance and luxury four-wheeler segment, anticipating significant growth in this area over the next three to five years.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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