Stocks to Watch Today, 28th March 2025: BSE, Infosys, UltraTech Cement, BEL, and more

Indian benchmark indices are likely to start with a degree of caution on the last trading day of the financial year, reflecting mixed cues from the global as well as domestic stages. GIFT Nifty, an early indicator of Nifty 50 Index performance in India, stood at 23,752, down 5 points or 0.2 per cent, as of 07:50 AM, hinting at a marginally positive start for domestic stocks.

Key Stocks in Focus

BSE Ltd: Shares of the Bombay Stock Exchange will be watched after the NSE announced that it has postponed its previous decision to shift the expiry day of its contracts to Monday from Thursday. The decision came after the market regulator, the Securities and Exchange Board of India (SEBI), published a consultation paper on Thursday.

Infosys: The IT giant has signed a deal with LKQ Europe to roll out an analytics-enabled HCM (Human Capital Management) solution. The automaker said the initiative will improve HR operations and lower cost while increasing the productivity of the automotive aftermarket parts distributor in 18 countries.

UltraTech Cement: The cement producer has commissioned a new clinker capacity of 3.35 mn tonnes per annum (mtpa) and one out of the two cement mills (2.7 mtpa capacity) at its Maihar facility in Madhya Pradesh. The brownfield expansion of the 1.2 mtpa grinding unit at Dhule, Maharashtra has also been commissioned.

Bharat Electronics (BEL): The aerospace and defence company has received new orders worth ₹1385 crore after March 12, taking the total orders for the current financial year to ₹18415 crore. The orders include radar spares, radar upgrades, electronic voting machines, simulators, advanced land navigation systems and stabilisers for tanks.

JINDAL STEEL & POWER (JSPL): The company has emerged as the successful bidder for the Saradhapur Jalatap East coal block, which has an estimated geological resource of 3,257 million tonnes Strategically, the mine is located about 11 km from its Angul steel plant.

Max Financial Services: Eight entities such as ICICI Prudential Mutual Fund and Morgan Stanley to Societe Generale, together picked 1.6 per cent stake in Max Financial Services worth ₹611.60 crore in open market on Thursday.

Asian Paints: Asian Paints (Polymers) Private Limited, a subsidiary of the company, has received an approval for setting up a manufacturing facility for Vinyl Acetate Ethylene Emulsion and Vinyl Acetate Monomer, along with an Ethylene storage and handling facility in Gujarat at a project cost of ₹2,560 crore. A further capex to the tune of ₹690 crore has been approved to meet pre-operative expenses and some cost overruns for the project.

BEML: The company has received orders for ₹405 crore from Bengaluru Metro Rail Corporation Limited for the design, manufacture, supply, installation, testing and commissioning of Standard Gauge Metro Cars.

HCL Technologies: The IT services provider has been appointed as a Design Solution Partner (DSP) in the Samsung Advanced Foundry Ecosystem (SAFE) program. HCLTech has been awarded these two contracts, and the partnerships with Larsen and Toubro and Sarawak with a vision to accelerate semiconductor innovation and development with HCLTech's Engineering and R&D services.

Adani Green Energy: The Adani group firm said its subsidiaries have operationalised 396.7 MW of power projects at Khavda, Gujarat, taking the total operational renewable generation capacity of the company to 13,487.8 MW.

Force Motors: The automotive maker has entered into a contract with the Indian Defence Forces for the supply of 2,978 units of Force Gurkha light vehicles.

Jio Financial Services: The non-banking financial firm (NBFC) has approved acquiring 85 million equity shares in Jio Payments Bank for ₹85 crore, raising its holding to 85.04 per cent. The investment is to support the working capital requirements of Jio Payments Bank.

Samvardhana Motherson: The automotive component supplier has said the recent tariff of 25% on automobiles announced by the US is not expected to have a material impact on its financials at the current environment, as a large part of its sales from products delivered to the US is either produced in the US or is compliant with USMCA.

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

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