Top stocks to watch on March 26: IREDA, BHEL, ONGC, HCLTech, IRFC, NCC and more - India Today
Several stocks across various sectors are likely to be in focus today, largely on account of new project contracts.
Benchmark stock market indices are set for a strong opening on Wednesday, tracking positive cues from Asian markets. Investors are keeping an eye on US trade tariffs for further direction.
While Dalal Street's main indices managed to end in green for the seventh straight session on Tuesday, the gains were limited due to profit booking. The Sensex, which surged 700 points during the day, closed only 30 points higher, while the Nifty gained 10 points.
But over the past seven sessions, the Nifty and Sensex have risen 5.7%, turning positive for the year, backed by foreign inflows and strong domestic growth expectations.
Here are some of the top stocks to watch out for during the trading session:
The state-run oil major will invest Rs 3,300 crore in subsidiary ONGC Green via a rights issue. The funds will be used to acquire a full stake in Ayana Renewable Power through ONGC NTPC Green (ONGPL), a joint venture with NTPC Green Energy.
The IT giant has launched HCLTech Insight, an AI-powered solution aimed at boosting data analytics capabilities for manufacturers.
The automaker has received a draft assessment order from the Income Tax Authority for FY22, proposing additions/disallowances of Rs 2,966 crore to its declared income.
The company secured a Rs 232.3 crore EPC project for a 170 MW AC/255 MW DC ground-mounted solar power project, including O&M services.
The PSU has extended its technology collaboration agreement with Vogt Power International Inc., USA, for heat recovery steam generators.
The company has commissioned the final 100 MW of its 320 MW Bhainsara solar PV project in Jaisalmer, Rajasthan.
Its subsidiary, DLF Home Developers, has acquired a 49.997% stake and debentures in DLF Urban from Reco Greens for Rs 496.73 crore.
The company will inaugurate its 5.4 GW solar cell manufacturing plant in Chikhli, Gujarat, on March 29.
The railway financier has entered into a Rs 5,000 crore loan agreement with NTPC Renewable Energy for rupee term loan financing.
The board has approved a borrowing plan of up to Rs 30,800 crore for FY26. It has also raised Rs 910.37 crore via privately placed subordinated Tier-II bonds at a 7.74% annual coupon rate.
The construction firm bagged advance work orders worth Rs 10,804.6 crore from BSNL for BharatNet projects in Uttarakhand, Madhya Pradesh, DNH, and DD telecom circles.
The PSU lender received an income tax demand of Rs 558.96 crore for AY 2023-24. It plans to appeal, stating no impact on financials or operations.
Its subsidiary, Welspun Michigan Engineers, in JV with Aaradhyaa & Co, won a Rs 328.12 crore order from BMC for the upgradation of the Haji Ali Storm Water Pumping Station in Mumbai, followed by 15 years of O&M.
Published By:
Koustav Das
Published On:
Mar 26, 2025