Stocks to Watch Today, 6th March 2025: Wipro, TCS, Zydus Lifesciences, LIC Housing Finance, and more

With a widely-tracked big jump in the last session, the Indian equity markets will be closely watched as lots of corporate news flows in. The benchmark BSE Sensex on Wednesday, March 5, jumped sharply by 740.30 points or 1.01 per cent to end at 73,730.23 and broader Nifty of the NSE closed 254.65 points or 1.15 per cent higher at 22,337.30. This come effective efforts on utilities and power shares along with sport global market backdrop. But, early signs for the Thursday, March 6th indicate a weak start as the Gift Nifty at 7:17 AM was at 22,375.50 down 0.36 per cent.

Key Stocks in Focus

Wipro: The IT services company has launched TelcoAI360, an AI-first managed services platform to help telecom operators optimise services. Designed in conjunction with ServiceNow and Wipro’s AI partners the platform will deliver significant cost savings, improve customer experience and strengthen network security, all with the depth and breadth of AI capabilities.

Tata Consultancy Services (TCS): TCS has partnered with Vantage Towers, one of the leading telecom tower operators in Europe. Under the partnership, a digital service platform will be launched to streamline the processes of property owners who lease land for telecom towers, making it easier to manage sites and to partner with local stakeholders.

Zydus Lifesciences: The drug firm has received final approval from United States Food and Drug Administration (USFDA) for Dasatinib tablets in various strengths. This is a generic version of Sprycel, a leukaemia drug with significant annual sales in the United States.

LIC Housing Finance: The board of LIC Housing Finance has approved raising ₹1.23 lakh crore through loans, bonds and other instruments in the next financial year. This is a step targeted at fortifying lending functions and aiding future business expansion.

Adani Enterprises: After executing an open market transaction on Wednesday, Abu Dhabi-based IHC Capital Holding sold more than 84 lakh shares of Adani Enterprises for ₹1,832 crore. Separately, Goldman Sachs Asset Management sold a little over 2 per cent stake in Sterlite Technologies for ₹84 crore via an open market transaction on the same day.

Gensol Engineering: The stock fell after brokerage ICRA alleged that the clean energy company's loan servicing documents were not presented accurately.

Tata Electronics: The company announced plans for a display chip manufacturing unit in Gujarat in partnership with PSMC, Taiwan-based Himax Technologies.

RPP Infra Projects: The construction company has won a ₹80.98-crore order to widen and strengthen the drinking water supply infrastructure in Chennai. It consists of underground tanks, feeder mains, and distribution stations.

Galaxy Surfactants: The group companies of Galaxy Surfactants have signed a strategic collaboration with a global customer for providing EPC services for performance surfactants and specialty ingredients manufacturing plant to be set up at an overseas location.

Route Mobile: BICS, Telesign and Route Mobile, under the banner of Proximus Global pag Gauss, partnered with Nokia to unlock technology strategy discovery around network API solutions to enhance new developer engagement in financial services, healthcare and enterprise applications.

Dalmia Bharat: Dalmia Bharat subsidiary Dalmia Cement (Bharat) to acquire 34.52 per cent stake in Kilavikulam Rajalakshmi Solar Power Developer for ₹3 crore. The deal, to procure up to 10 MW of solar capacity in Tamil Nadu, is likely to be concluded within two months.

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

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