Stocks To Watch: IndiGo, Apollo Hospitals, Hyundai, TCS, RVNL, BEL, RITES, And Others – News18
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Stocks to watch: Shares of firms like IndiGo, Apollo Hospitals, Hyundai, TCS, RVNL, BEL, RITES, and others will be in focus on Friday’s trade
Stocks To Watch
Stocks to Watch on March 7, 2025: The markets extended their rebound, gaining nearly a percent on the weekly expiry day, driven by strong cues. In today’s trade, several stocks will be in focus due to recent developments. These include shares of IndiGo, Apollo Hospitals, Hyundai, TCS, NMDC, Laurus Labs, and others.
Apollo Hospitals
Apollo Hospitals’ Hyderabad-based subsidiary, Apollo Health and Lifestyle Limited (AHLL), has acquired a controlling stake in Lucknow-based Care Diagnostics in an all-cash deal for an undisclosed amount.
IndiGo
IndiGo is expanding its international operations with the launch of non-stop long-haul flights to Manchester and Amsterdam starting in July this year, utilizing leased Boeing 787-9 planes.
Hyundai Motor
Hyundai Motor India, long the number two passenger vehicle maker in India, has dropped to fourth position in terms of retail sales for the domestic market last month, behind Maruti Suzuki India, Mahindra & Mahindra, and Tata Motors.
TCS
TCS has further strengthened its partnership with Northern Trust, a financial giant managing $17.4 trillion in assets. The IT major will implement its BaNCS Global Securities Platform to streamline custody operations across 99 markets.
Bajaj Finserv
Bajaj Finserv’s insurance subsidiaries are seeing significant growth. Bajaj Allianz General Insurance collected Rs 1,219 crore in premiums for February, bringing its total for the year to Rs 20,006 crore. Bajaj Allianz Life Insurance reported Rs 1,080.33 crore in new business premiums for February, with total collections reaching Rs 10,469.77 crore.
Kalpataru Projects
Kalpataru Projects has secured new orders worth Rs 2,306 crore, including international transmission and distribution (T&D) projects as well as new building contracts within India.
Biocon
Biocon Biologics has partnered with Civica Inc, a not-for-profit pharmaceutical company in the US, to provide affordable insulin aspart. This collaboration strengthens Biocon’s footprint in the American market.
RVNL
Rail Vikas Nigam Ltd (RVNL) has won a Rs 156.36 crore contract from South Western Railway, which involves electrification and infrastructure upgrades, further solidifying RVNL’s role in India’s railway expansion.
BEL
Bharat Electronics Ltd (BEL) has secured fresh defence orders worth Rs 577 crore. These include electronic warfare systems, communication solutions for submarines, and radar upgrades.
Laurus Labs
Laurus Labs is investing Rs 833 crore into its joint venture with Slovenia’s KRKA Pharma, with KRKA contributing Rs 867 crore. The partnership maintains a 51:49 ownership split.
RITES
RITES has been awarded a Rs 27.96 crore contract to survey the Hyderabad-Bengaluru and Hyderabad-Chennai high-speed rail corridors. The project, utilizing advanced LiDAR technology, moves India closer to the realization of bullet trains.
Brigade Enterprises
Brigade Enterprises, a leading real estate company, has launched Brigade Altius in Chennai’s IT hub. This development includes three 43-floor towers, spread over 6.5 acres, and is one of the city’s tallest projects.
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