25 March Morning Market Updates

Ceigall India: Company bags two orders aggregates to approximately ₹297.89 Cr (Positive) Tourism Finance Corporation: Company has seen upgrade in its credit ratings by Infomerics Valuation and Ratings Ltd. (Positive) JSL Stainless: Company has commissioned 1.2 MTPA stainless steel melt shop in Indonesia ahead of schedule, increasing total melting capacity to 4.2 MTPA (Positive) Escorts Kubota: Yamuna expressway Industrial Development Authority (YEIDA) allots 154 acres to the Company for greenfield project in UP (Positive) NTPC green energy: Company signs MOU with NXTRA data to drive renewable energy projects (Positive) Shakira Ent: Company received purchase order from Larsen & Toubro Limited for 998 communicable Fault Passage Indicators (FPIs). (Positive) BPCL: Company commissions Bargarh 2G refinery; 100 KL/day fuel-grade bioethanol production live to drive E20 blending targets (Positive) Larsen & Toubro: Company siliconch systems merges into L& T semiconductor technologies (Positive) Magellanic cloud: Company unit secures Rs 250m+ purchase order. (Positive) Mahanagar Telephone Nigam: Company enters into memorandum of understanding with Government of Bihar to transfer leasehold rights of 7 residential properties in New Delhi (Positive) AWL Agri Business: Company strengthens its flour portfolio with the launch of Fortune Atta with Multigrains. (Positive) Cosmic CRF: Company secures major Indian Railways orders totaling ₹32.54 crore (Positive) Infosys: Company extends collaboration with the University of Nottingham to strengthen digital infra for student management system (Positive) J.B. Chemicals: Torrent Pharma's Amalgamation with J.B. Chemicals Approved by NCLT (Positive) Natco Pharma: Company approves agrochemicals business demerger; shareholders to get 1:1 shares (Positive) KP Energy: Surpassed 1 GW energized Independent Power Producer capacity. Total IPP portfolio stands at 2.3 GW (Positive) Jindal Poly Films: Monet securities bought 3.55 lakh shares, Seetha Kumari sold 10.55 lakh shares, Subham Buildwell bought and Subham capital bought 3.50 lakh shares for Rs 888 per share (Positive) Maruti: Board approved first phase capacity addition of 250, 000 vehicles per year at Khoraj Industrial Estate (Positive) United Spirits/ Sun TV/ RPSG group: Sells RCB for Rs 16700 cr to Aditya Birla Group Consortium (Positive) CGDs, Pipe Companies: Government Notifies Order to Strengthen Natural Gas Infrastructure and Improve Ease of Doing Business (Positive) Aequs: Dinesh Iyer resigns as CFO of the Company effective June 30, 2026 (Neutral) Tata Steel: Company acquires 178.57 crore shares in T Steel Holdings for Rs 1, 680 crore. (Neutral) New India Assurance: Company gets Income tax demand order of Rs 189 crore for AY 2023-24. (Neutral) Natco Pharma: Company’s board approves scheme of arrangement with Natco crop health sciences to issue 1:1 shares to Natco pharma shareholders (Neutral) Reliance Industries: Company buys 5mn bbls of Iranian oil after U.S. sanctions waiver (Neutral) Hdfc Life Insurance: Company gets Income tax demand order with interest of Rs 172 crore. (Neutral) Waaree energies: Company board approves capex of Rs 3, 900 crore for glassmaking plant (Neutral) Gujarat State Petronet: Company receives a Rs. 78 crore demand order from the Income Tax Department for AY25. (Neutral) Dhanlaxmi Bank: ICRA has reaffirmed the credit rating for Bank's Basel III Tier-II Bonds. (Neutral) Dev Accelerator: Board has approved a significant fundraise of up to ₹35 Crores. (Neutral) ZF Commercial Vehicle: Ms. Muthulakshmi M has resigned as Company Secretary & Compliance OfficeR. (Neutral) Nitco: Bikash Jain resigns as CFO effective from March 31, 2026 (Neutral) Mahindra & Mahindra: Board Meeting on 5th May 2026 to approve audited standalone & consolidated financial results and Dividend. (Neutral) RCF: Company has received reaffirmed credit ratings from ICRA Limited for its various debt instruments. (Neutral) ICICI Prudential Life: Company gets tax demand order including interest of ₹391 cr (Neutral) D Mart: 2 New Stores Open in Telangana & Andhra Pradesh (Neutral) Samman Capital: Company gets RBI approval for IHC acquiring stake (Neutral) Fedbank Financial Services: Company approves issuance of Rs. 450 crore worth of NCDs on a private‑placement basis. (Neutral) Ashapura Minechem: Company incorporates a UAE arm and reappoints Hemul Shah as Executive Director & CEO for two years. (Neutral) Rajesh Power Services: Jyotsna Patel sold 1.50 lakh shares for Rs 785.14 per share (Neutral) Circuit filter change from 10% to 5%: JSW Holdings. (Neutral) List of stocks included in the short term ASM Framework: Gujarat Alkalies. (Neutral) Gujarat Intrux Ltd Ex-Date Today, Interim Dividend - Rs. - 7.5 (Neutral) Manbro Industries Ltd Ex-Date Today, Stock Split From Rs.10/- to Rs.1/- (Neutral) Regal Entertainment Ltd Ex-Date Today, Right Issue of Equity Shares (Neutral) V2 Retail Ltd Ex-Date Today, Stock Split From Rs.10/- to Rs.1/- (Neutral) Angel One Ltd Ex-Date Friday, Interim Dividend - Rs. - 1.75 (Neutral) Avax Apparels and Ornaments Ltd Ex-Date Friday, Stock Split From Rs.10/- to Rs.5/- (Neutral) Hind Rectifiers Ltd Ex-Date Friday, Bonus issue 1:1 (Neutral) Housing & Urban Development Corporation Ltd Ex-Date Friday, Interim Dividend - Rs. - 1.25 (Neutral) Samvardhana Motherson International Ltd Ex-Date Friday, Interim Dividend - Rs. - 0.35 (Neutral) Vedanta Ltd Ex-Date Friday, Interim Dividend - Rs. – 11.0 (Neutral)