SUMMARY
Stocks to watch, Bharat Electronics, NTPC Green, Jubilant Pharmova, Satin Creditcare, BEML, Zydus Lifesciences, Coromandel International, SWELECT Energy, Premier Explosives and more, these are the stocks to watch for today.
1 / 9Bharat Electronics | State-run company said it has received a ₹2,463 crore contract (excluding taxes) from the Ministry of Defence for the supply and services of Ashwini Radars to the Indian Air Force. These fully indigenous Active Electronically Scanned Array (AESA) radars have been jointly developed by the Defence Research and Development Organisation (DRDO) and BEL.
2 / 9Satin Creditcare | Microfinance institution said it has approved an increase in the limit for issuing Letters of Comfort or similar assurances for its wholly owned subsidiary, Satin Housing Finance Limited (SHFL), to ₹300 crore from the existing ₹200 crore. The enhanced limit will enable Satin Creditcare to issue Letters of Comfort or Side Letters in support of SHFL’s fund-raising efforts without assuming a direct payment guarantee.
3 / 9Premier Explosives | The company said it has received an export order worth ₹21.45 crore for the supply of defence explosives to international clients. The contract is set to be executed within a period of five months. The order involves the supply of defence-grade explosives.
4 / 9NTPC Green | State-owned power giant NTPC’s arm said its subsidiary NTPC Renewable Energy Ltd has declared the second and final phase of its 105 MW Shajapur Solar Project in Madhya Pradesh operational. The last 50 MW capacity has been commissioned and commenced commercial operations from 00:00 hours on March 13, 2025. The first phase of 55 MW was put into commercial operation on November 29, 2024.
5 / 9Jubilant Pharmova | Drug firm said its subsidiary, Jubilant Cadista Pharmaceuticals Inc., has received an Establishment Inspection Report (EIR) with a Voluntary Action Indicated (VAI) status from the US Food and Drug Administration (USFDA) for its solid oral formulations facility in Salisbury, Maryland. The EIR follows an inspection conducted by the regulator in January 2025.
6 / 9BEML | Bengaluru-headquartered company said it has signed two Memorandums of Understanding (MoUs) to expand its presence in the rail and dredging sectors. The company entered into a non-binding MoU with Siemens Limited, India, to jointly explore opportunities in the semi-high-speed and suburban passenger train segments, as well as metro and commuter rail markets. Additionally, BEML signed an MoU with Dragflow S.R.L., Italy, to strengthen indigenous dredging solutions.
7 / 9Zydus Lifesciences | The company said its venture capital arm Zynext Ventures USA LLC has announced an investment in Illexcor Therapeutics, a biopharmaceutical company focused on developing next-generation oral therapies for sickle cell disease (SCD). Illexcor is developing a first-in-class oral drug that directly targets the root cause of sickle cell disease.
8 / 9Coromandel International | Agriculture solutions provider said it has signed definitive agreements to acquire a 53% stake in NACL Industries Ltd for ₹820 crore at ₹76.7 per share. The shares will be acquired from the current promoter, KLR Products Limited. NACL Industries is a crop protection company with a strong branded formulation business in India, exports of technicals to global markets, and contract manufacturing operations with multinational agrochemical firms.
9 / 9SWELECT Energy | Solar energy solutions provider said it has secured orders exceeding 150 MW for its high-efficiency TOPCon Bi-facial solar PV modules. The company’s modules have achieved a 100% success rate in testing by TÜV and other accredited laboratories and are undergoing Extended Reliability Testing (ERT) with third-party re-insurance backing.
