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Stocks to watch: Shares of firms like Wipro, DMart, Trent, Hyundai Motor, Raymond, Adani Ent, and others will be in focus on Thursday’s trade
Stocks to Watch on March 20
Stocks To Watch On March 20: Markets continued their recovery, ending slightly higher and building on Tuesday’s gains. In today’s session, stocks such as Raymond, DMart, Trent, Hyundai Motor, and NHPC will be in focus due to various news developments.
Corporate Actions Today:
Angel One, Galaxy Surfactants, and Axtel Industries will trade ex-dividend today.
Blue Pearl Agriventures will trade ex-split.
Praxis Home Retail will trade ex-rights date.
Adani Enterprises: The flagship company of the Adani Group has announced the incorporation of a joint venture (JV) with Praneetha Ventures through its wholly-owned subsidiary, Kutch Copper Ltd. The new entity, named Praneetha Ecocables Ltd, will have a 50:50 shareholding ratio.
Trent: The retailer’s subsidiary, Booker India, has entered into a share purchase agreement with Trent Hypermarket (THPL) and THPL Support Services (TSSL) to acquire 100% of TSSL’s equity share capital from THPL.
Wipro: The technology services and consulting firm has introduced new agentic AI services with the NVIDIA AI Enterprise platform, aimed at helping nations and local governments develop and deploy AI-driven services tailored to specific languages and cultures.
Hyundai Motor India: The automaker announced a price hike of up to 3% on its vehicles, effective in April 2025. The price increase, which will vary by variant and model, is attributed to rising input costs, increased commodity prices, and higher operational expenses.
Avenue Supermart: The operator of DMart invested Rs 175 crore by subscribing to 4,67,78,000 equity shares of Rs 10 each in its subsidiary, Avenue E-Commerce (AEL), at an issue price of Rs 37.41 per share.
NHPC: The company’s board has approved a plan to raise up to Rs 6,300 crore through non-convertible corporate bonds in FY26, to be issued in one or more series or tranches via private placement.
Raymond: Nawaz Singhania has resigned as a Non-Executive Director of the company, effective March 19.
Dhanlaxmi Bank: The board has approved raising up to Rs 150 crore via the issuance of non-convertible debentures with a 10-year tenure through private placement.
HIL: The company has changed its name to BirlaNu, effective March 19.
Dhani Services: The financial services firm has signed a memorandum of understanding (MoU) with landowners for a 5.37-acre property in Gurgaon. This MoU will expand the company’s ongoing real estate project, Indiabulls Estate & Club, from 24 acres to 29.37 acres.
Disclaimer:Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
