Global Market Futures (as of 06:40 AM IST)
US Market (Futures)
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Nasdaq: +0.22%
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Dow Jones: +0.29%
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S&P 500: +0.28%
European (Futures)
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Ftse 100: +0.07%
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Cac 40: +0.03%
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Dax: +0.14%
Asian (Live)
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NIKKEI 225: -1.58%
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KOSPI: -3.66%
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ASX 200: -0.57%
Gift Nifty: 23045.00 (-1.00%)
FII and DII Trading Activity March 25, 2026 in Cash market:
FIIs / FPIs: Net Sell of ₹1,805.37 crores
DIIs: Net Buy of ₹5,429.78 crores
Commodity Market Updates
Global commodity markets showed a mixed trend in early trading, with metals remaining firm while energy prices softened. Gold traded around 4,415.57, with XAU/USD at 4,389.04, reflecting steady safe-haven demand. Silver hovered near 67.960, while copper rose to 5.4875, indicating stable industrial sentiment. On the energy front, crude oil prices declined, with WTI at 93.52 and Brent at 100.78, suggesting demand concerns or profit booking. In contrast, natural gas edged higher to 2.928, supported by near-term demand dynamics. Overall, metals demonstrated resilience at elevated levels, whereas oil markets experienced mild pressure, highlighting divergence across the commodity space.
Key Corporate Updates
Positive:
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Ducol Organics & Colours: Approved investment to subscribe to 100% equity shares of Xchem, indicating inorganic expansion and subsidiary build-out.
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Aequs: Announced an estimated cumulative investment of INR 28.56 billion over five years from FY26 and signed an MoU with the Government of Karnataka, supporting long-term manufacturing expansion.
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DCX Systems: Received purchase orders totaling INR 89.2 million, while group entity Raneal Advanced Systems also secured purchase orders worth INR 99.5 million, reflecting continued order inflow.
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Titagarh Rail Systems: Received an LoI from Balmer Lawrie for a wagon leasing contract, with order value at INR 444.1 million including GST.
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Zee Entertainment: Approved INR 5 billion investment in OCDs and INR 50 million in equity of ZI-IPR Enterprises, approved transfer of the content business to ZI-IPR, and also approved redemption of USD 23.9 million FCCBs along with cancellation of USD 215.1 million commitment, signaling balance-sheet and business restructuring.
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Hilton Metal Forging: Entered an interim sales agreement for 360,000 units of 155mm artillery shells under a contract valued at about INR 7.2 billion.
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Aptius Pharma: Approved a bonus issue, a shareholder-friendly capital action.
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ACME Solar Holdings: Commissioned an additional 4 MW wind power project in Gujarat, adding renewable capacity.
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Prestige Estates: Along with Arihant Group, acquired a 16.331-acre land parcel in Chennai for a project with GDV of INR 50 billion, strengthening development pipeline visibility.
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AIA Engineering: Clarified that there is no disruption in fuel availability and all plants are operating normally, easing supply-side concerns.
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Happiest Minds Technologies: Entered a strategic partnership with UnifyApps to accelerate enterprise AI adoption, supporting digital transformation opportunities.
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Optivalue Tek Consulting: Secured a pilot order from a defence PSU in India, marking business traction in a strategic segment.
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Relaxo Footwears: Redesigned leadership structure with Riteish Dua and Gaurav Kumar Dua becoming Co-CEOs effective April 1, 2026, and also appointed Amit Roy as CFO, reflecting management strengthening.
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Precision Wires India: Started commercial copper rod production at its Valvada plant, expanding value-added capacity.
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RailTel Corporation: Secured work orders worth INR 142.9 million and INR 294.9 million, indicating healthy execution momentum.
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JSW Energy: The Supreme Court dismissed Andhra Pradesh discoms’ appeal on GBI payment, a favorable legal development.
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MSTC: Entered an exclusive partnership with EaseMyTrip, opening additional digital commerce avenues.
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Hindustan Organic Chemicals: Received an order worth INR 1.9 million.
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Sandhar Technologies: Approved establishment of a manufacturing facility in Mexico, supporting global footprint expansion.
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East India Drums & Barrels Manufacturing: Received a letter of acceptance from Indian Oil Corporation for a contract valued at INR 46 million.
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31 Infotech: Its unit received a work order from Mahanagar Gas valued at about INR 87.6 million.
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Azad Engineering: Signed an 8-year contract with Mitsubishi Heavy Industries as a single-source supplier, a significant strategic win despite contract value being undisclosed.
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Chennai Petroleum: Declared a dividend of INR 8 per share.
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Oracle Financial Services Software: Entered a definitive agreement with an existing customer to license software products in perpetuity and provide transition services, with aggregate consideration estimated at USD 100 million.
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Bombay Burmah Trading Corporation: Board approved sale of tea plantations at Dunsandle Estate, indicating asset monetization.
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ACS Technologies: Secured an order valued at INR 15.6 million.
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Aster DM Healthcare: Declared an interim dividend of INR 3 per share.
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Defrail Technologies: Received an order valued at about INR 14.8 million.
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Bharat Dynamics: Completed the first-off production model of the Advanced Akash Weapon System, said deliveries to the armed forces will commence shortly, indicated additional orders of INR 150 billion are envisaged in FY27, production at new facilities will begin in FY27, and plans to establish two additional manufacturing facilities, collectively indicating strong defence growth visibility.
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JSW Motors / Dassault Systemes: Formed a strategic partnership for future mobility in India.
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Pace Digitek: Received an order worth INR 226.42 million from North Western Railway.
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Allianz Jio Reinsurance: Commenced operations, marking formal business launch.
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Cryogenic OGS: Received letters of intent worth INR 55.5 million from Emerson Measurement Systems.
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Ixigo / AbhiBus / Fleetx: Partnered for AI-powered safety and fleet intelligence for buses, supporting technology-led product enhancement.
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Aemulus Holdings: Its unit secured an order worth USD 2.7 million from an Indian semiconductor and electronics assembly provider, expanding semiconductor-linked exposure.
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Wealth First Portfolio Managers: Its unit received a SEBI mutual fund license, a major regulatory and business milestone.
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Highway Infrastructure: Received LoA for Venkatapalem fee plaza operations valued at INR 354.4 million.
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Infosys: Announced acquisitions of insurance consulting technology company Stratus for up to USD 95 million and healthcare digital transformation company Optimum Healthcare IT for up to USD 465 million, reinforcing sector-specific capability expansion.
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GAIL: Announced equity investment of up to USD 64 million in GAIL Global USA and revised completion date for the Mumbai-Nagpur-Jharsuguda Pipeline to June 30, 2026, reflecting overseas capitalization and continued infrastructure build-out.
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RBL Bank: Received approval from the Central Bank of UAE for Emirates NBD Bank’s acquisition of a majority stake, a major strategic ownership development.
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JSW Steel: Acquired 92.19% equity stake in Minas de Revuboe Limitada, strengthening raw material linkages.
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Deepak Fertilisers & Petrochemicals: Entered a novation agreement with Equinor and DGPL for LNG supply arrangement of up to 0.65 million tonnes annually for 15 years from 2026, improving long-term feedstock security.
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Tata Steel: The High Court granted stay on tax proceedings as of March 25, 2026, a legal relief.
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NHPC: Board approved borrowing plan to raise debt up to INR 80 billion in FY27 through non-convertible corporate bonds; Moody’s also completed a periodic ratings review on the company.
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Cholamandalam Investment and Finance: Awarded works contract for its corporate office building for INR 5.40 billion.
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GRE Renew Enertech: Received an order valued at INR 129.5 million.
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Concord Control Systems: Secured an order worth INR 846.8 million.
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Sula Vineyards: Signed a definitive agreement to acquire Chandon’s wine production facility in Nashik, with its unit purchasing certain Domaine Chandon India assets from Moet Hennessy India for INR 200 million, enhancing premium wine manufacturing capacity.
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Lupin: Received tentative USFDA approval for Pitolisant tablets 4.45 mg and 17.8 mg, supporting pipeline expansion.
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HFCL: Approved expansion and consolidation of its defence, aeronautics and aerostructures business; approved setting up a preform manufacturing facility through a subsidiary; said capacity addition is expected by July 2029; and approved issue of up to 75 million warrants to promoters/promoter group at INR 74 per share, pointing to long-term capacity creation and promoter backing.
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Modi Naturals: Subsidiary Modi Biotech commenced commercial operations of its expanded grain-based ethanol plant in Chhattisgarh.
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Aurobindo Pharma: Subsidiary Curateq Biologics entered a marketing and distribution agreement with Stada Arzneimittel AG, supporting biologics commercialization.
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Srivasavi Adhesive Tapes: Received a purchase order worth INR 5.1 million.
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Borana Weaves: Commissioned a 3.545 MW rooftop solar power project, improving captive renewable usage.
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Avro India: Approved a 1:10 stock split, improving retail affordability and liquidity.
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RRP Defense: Signed an MoU with BEL for collaboration in semiconductors, unmanned systems and electro-optics.
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NDR InvIT Trust: Successfully raised INR 4.10 billion through bond issuance.
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Exide Industries: Invested INR 4.50 billion in Exide Energy Solutions, reinforcing battery and new energy ambitions.
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Global Health: Announced total investment of up to INR 5.50 billion to develop and lease a hospital building suitable for 400 beds, expanding healthcare infrastructure.
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Cochin Shipyard: Executed a JV agreement with HBL Engineering on March 25, 2026, with initial capital of INR 90 million, to develop electric mobility and energy storage solutions for the maritime sector.
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Brigade Enterprises: Launched Brigade Lumina in Bengaluru with revenue potential of over INR 7 billion.
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Bihar Sponge Iron: Entered into a new facility user agreement with Amalgam Steel for operation of its sponge iron plant in Jharkhand.
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Allied Digital Services: Said Allied Digital Inc will issue 6,868 shares aggregating USD 12.89 million to the company through conversion of entire outstanding loan into equity, improving subsidiary capitalization structure.
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We Win: Received a work order worth INR 194.4 million.
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IndusInd Bank: Launched the Capital Gains Account Scheme for reinvestment of capital gains, expanding product offerings.
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Polyplex Corporation: Executed an agreement to acquire 51% of Technova Printrite Products for INR 621 million, strengthening portfolio diversification.
Negative:
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Jaguar Land Rover: Temporarily paused production on certain vehicle lines at its Solihull facility, indicating near-term operational disruption.
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TVS Srichakra: Received a tax demand of INR 294.7 million.
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InterGlobe Aviation (IndiGo): Faced a penalty of INR 429.2 million under GST proceedings.
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Mphasis: Received an income-tax assessment order and notice of demand of INR 22.87 billion; management said it sees no material financial impact, but the quantum remains significant.
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Parmeshwar Metal: Received a tax order of INR 34.3 million along with penalties of INR 74.4 million.
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Kirloskar Industries: Income Tax Department imposed penalty of INR 17.5 million.
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CDG Petchem: Managing Director Manoj Kumar Dugar resigned.
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Hindustan Foods: Received tax demand order with penalty of INR 22.4 million and interest of INR 27.1 million.
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Reliance Industries: Rejected media reports alleging purchase of crude oil of Iranian origin; while clarificatory, the development keeps compliance-related scrutiny in focus.
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Diffusion Engineers: Received a tax demand of INR 7.2 million with equivalent penalty.
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Yes Bank: Received tax penalty of INR 7.9 million.
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Whirlpool of India: Received a tax penalty of INR 71.4 million.
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Blue Dart Express: Received letter from tax department authorizing inspection/search.
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Fractal Analytics: Received tax department order proposing total additions of INR 1.57 billion.
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Precision Camshafts: Said extreme scarcity of LPG has made the situation highly critical and temporarily affected manufacturing operations at the Solapur plant.
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GTPL Hathway: Received CGST and Central Excise order demanding differential tax of INR 111.3 million.
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Sanginita Chemicals: Disclosed that its website was hacked on March 25, 2025, though core systems and operations were not impacted.
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Saregama India: CFO Pankaj Mahesh Chaturvedi resigned.
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Max India: Its unit received tax demand of INR 315.3 million for FY25.
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UltraTech Cement: Received tax demand of INR 289.7 million along with interest and penalty.
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LIC: Received tax demand of INR 61.47 billion and interest of INR 9.53 billion, a materially large tax development.
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Aster DM Healthcare: Received order demanding tax and penalty totaling INR 7.3 million.
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Transport Corporation of India: Received tax demand notice for INR 819.6 million including interest.
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Pidilite Industries: Received penalty order of INR 11.7 million for FY21-24.
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RPSG Ventures: Sudhir Langer stepped down as Whole-Time Director effective March 31, 2026.
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KEC International: Received GST authority order from Gujarat imposing tax and penalty of INR 1.4 million each.
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Jagran Prakashan: Income Tax Department issued penalty of INR 11.9 million.
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Sedemac Mechatronics: Income Tax Department imposed penalty of INR 7.5 million.
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RACL Geartech: Said intermittent LPG/PNG/CNG supply constraints are affecting manufacturing processes and may impact production and sales for the current month despite alternate planning measures.
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Power Mech Projects: WBSEDCL annulled a tender and rescinded the LoA to its unit.
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Just Dial: Received an order imposing penalty of INR 87.4 million.
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Landmark Cars: Will exit Volkswagen operations in Delhi NCR effective March 31, 2026, indicating dealership rationalization and revenue loss from that geography.
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Azad Engineering: Tax penalties of about INR 1.11 million were levied on the company.
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Sattva Engineering Construction: Executed sale deed for property purchase worth INR 30.9 million; while strategic, it is capital deployment rather than immediate earnings accretion.
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Indus Aluminium Recyclers: CFO Sanjay Vimalchand Deora resigned.
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Intrasoft Technologies: CFO Mohit Jha resigned effective May 24, 2026.
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ITC: Blazeclan Americas Inc. was dissolved effective March 24, 2026.
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Kranti Industries: Preciso Me-tall Private Limited will cease to be a subsidiary after disinvestment.
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Hindustan Media Ventures: Said new OTTplay subscription packs will not be offered from March 31, though existing subscribers will continue to be supported; this signals business curtailment in that line.
Neutral / Others
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Aegis Vopak Terminals: Will sell stake in ATPL to Itochu for INR 803.2 million, supporting value unlocking and capital recycling.
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Manaksia Steels: Proposed 250,000 tonnes per annum cold rolled coil capacity addition at Haldia with investment of about INR 1 billion.
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Moody’s / Petronet LNG / NHPC: Moody’s announced completion of periodic review of ratings for Petronet LNG and NHPC; no fresh rating action headline indicated.
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Trent: Board approved issuance of NCDs up to INR 5 billion on a private placement basis, a financing measure.
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Odigma Consultancy Solutions: Appointed Saumya Yagnik as CFO and accepted resignation of Guddi Bharatbhai Chauhan as CFO, marking a finance leadership transition.
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Ola Electric: Announced promotional pricing valid till March 31, 2026, offering Gen 3 S1 X and Roadster X variants from INR 49,999.
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Rita Finance and Leasing: Approved increase in authorised share capital to INR 160 million.
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Refex Industries: Approved higher limits for investments, loans, guarantees and security up to INR 33 billion from INR 25 billion.
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Alankit: Approved sale of gold held as investment and investment in Alankit Imaginations.
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Shriram One: Announced platform-led investment proposition for users; primarily a business/product update.
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Ester Industries: Arvind Singhania was redesignated as Non-Executive Chairman and Vaibhav Jha was appointed CEO, representing management restructuring.
Non-Corporate, Unlisted & Foreign / Macro
1) India GDP series / Societe Generale: Commented that India’s new GDP series challenges the growth narrative; this is macro commentary rather than company-specific action.
2) India inflation framework: Government retained inflation target at 4% with tolerance band of +/-2%, and notified lower and upper tolerance levels; macro-policy update.
3) India CENBANK / RBI state securities: Thirteen states are to raise INR 429.41 billion via loans on March 27, with revised auction schedule for state government securities; market liquidity update.
4) SEBI / mutual funds: Issued addendum and set July 15 effective date for applicability of guidelines related to intraday borrowings by mutual funds; regulatory update.
5) Indian bond market: 10-year benchmark government bond yield ended modestly higher at 6.875% versus previous close 6.8681%.
6) RBI monetary aggregates: Currency in circulation rose INR 566.43 billion to INR 41.32 trillion in the fortnight to March 15; circulation growth was 11.2% year-on-year and reserve money grew 5.8% year-on-year.
7) India markets regulator / Google: Google will label verified registered trading and intermediary apps; SEBI also released a consultation paper on an IT resilience index framework for market infrastructure institutions.
8) India competition / antitrust approvals: Approved stake buy in Groww Asset Management by State Street Global Advisors, acquisition of certain shares in Shriram Finance by MUFG Bank, stake buy in Valuedrive Technologies by Setu AIF Trust/Konark Trust/MMPL Trust, and GIP EM’s stake buy in Aditya Birla Renewables.
9) India cabinet / climate targets: Approved updated NDC targets for increasing share of non-fossil sources in total power capacity and reducing emissions intensity by 2035 versus 2005 levels; broad policy development.
10) India information minister / aviation: Regional air connectivity scheme to include development of 100 new airports and 200 modern helipads; sectoral infrastructure policy update.
11) Ratings / Delhi International Airport: S&P affirmed the airport’s BB rating with positive outlook, and commentary suggested Middle East war impact on passenger volumes is limited for now; sector credit view.
12) Saudi Aramco / India LPG flows: Bloomberg reported lower Saudi flows to Indian buyers, while an Indian government official said there is no awareness of any Iranian LPG cargo headed to India; sector supply-side update.
13) Flipkart / Adani / data centers: Bloomberg reported Flipkart is in talks with Adani Group and Adani is exploring partnerships with Meta and Google amid data-center expansion; strategic media-report stage update.
14) French Presidency / G67 Summit: France said the June summit in Evian will host India, South Korea, Brazil and Kenya among invited countries.
15) X (formerly Twitter): Users globally, including in India and other regions, reported outages per Downdetector.
16) Capricorn Energy plc: Reported FY revenue of USD 134.9 million versus IBES estimate of USD 129.6 million, FY capex of USD 62.6 million, expected payment of around USD 4 million from Waldorf in Q2 2026 subject to restructuring sanction, 2026 operating cost outlook of USD 5-7 per boe, Egypt full-year production of 20,024 boepd, and FY26 capex outlook of USD 85-95 million.
17) VINCI: Said nine concessions totaling nearly 700 km of highway sections are located on key axes of the national network.
18) MSC: Announced emergency fuel surcharge on trades from Northern Europe to the Red Sea and East Africa.
19) Rocketlane: Services automation startup raised USD 60 million in Series C funding.
20) Linde / South Korea / Brazil / Kenya: Identified among invited countries for the Evian summit; geopolitical rather than listed-company update.
Bulk and Block Deals:
Sammaan Capital
Societe Generale increased its stake in Sammaan Capital by acquiring 50.59 lakh shares (0.6%) at Rs 149.92 each, totaling Rs 75.84 crore. This adds to its existing 1.49% holding as of December 2025, indicating a gradual strategic increase in ownership.
PNGS Reva Diamond Jewellery
Promoter Gadgil Renu Govind acquired 7 lakh shares (2.2%) in Reva Diamonds for Rs 25.55 crore. Niraj Shah purchased 3 lakh shares, while Sanjay Jain exited a similar stake. RGSL Investment Fund held a 4.48% stake as of December 2025.
Apollo Pipes
Amicorp Capital (Mauritius) bought 7.01 lakh shares (1.59%) in Apollo Pipes for Rs 29.18 crore at Rs 416 per share. Meanwhile, Classic Enterprises sold 5 lakh shares (1.1%) worth Rs 20.8 crore, indicating partial stake reshuffling among investors.
Speb Adhesives
Navkar Ventures acquired 2.64 lakh shares (1.17%) in Speb Adhesives for Rs 1.36 crore at Rs 51.75 per share from Compact Structure Fund, which earlier held an 8.75% stake as of December 2025, reflecting a modest stake transfer.
Jupiter Infomedia
Promoter Umesh Modi sold 7.48% stake (7.5 lakh shares) for Rs 3.69 crore, adding to prior selling. Divyeshkumar Savaliya and Arix Capital acquired shares worth Rs 3.03 crore and Rs 75 lakh respectively, indicating ownership redistribution.
Mahamaya Lifesciences
Kedia Securities, owned by investor Vijay Kedia, purchased 1.69 lakh shares (0.72%) in Mahamaya Lifesciences at Rs 146.36 per share, amounting to Rs 2.47 crore, signaling continued investor interest in the company.
Filatex Fashions
Promoter Prabhat Sethia sold 4.45 crore shares (0.53%) for Rs 71.29 lakh at Rs 0.16 per share. He has reduced a total 7.7% stake this quarter, following a 5.06% reduction in the previous quarter, indicating sustained divestment.
Anzen India Energy Yield Plus Trust
Prazim Trading, linked to Azim Premji Trust, acquired 1.6 crore units (8.15%) for Rs 200 crore at Rs 125 per unit. Edelweiss Infrastructure Yield Plus and SEPL Energy exited a combined 8.18% stake in the transaction.
Energy Infrastructure Trust
Brookfield-backed Rapid Holdings 2 sold 1.84 crore units (2.77%) in Energy Infrastructure Trust at Rs 78 per unit, raising Rs 143.91 crore, reflecting partial monetization by the sponsor entity.
On-going IPO:
Last Date 27-Mar
Powerica Ltd
Amir Chand Jagdish Kumar (Exports) Ltd
Sai Parenterals Ltd
Highness Microelectronics Ltd (BSE SME)
Last Date 30-Mar
Vivid Electromech Ltd (NSE SME)
Last Date 08-Apr
Emiac Technologies Ltd (BSE SME)
Upcoming IPO:
NIL
Securities Trading Ex-Dividend on March 27, 2026
Angel One Ltd, Euro Pratik Sales Ltd, Housing and Urban Development Corporation Ltd, Samvardhana Motherson International Ltd, Vedanta Ltd
Securities Trading Ex-Bonus Issue on March 27, 2026
Hind Rectifiers Ltd (1:1)
Securities Trading Ex-Stock Split on March 27, 2026
Avax Apparels and Ornaments Ltd (From Rs 10 to Rs 5)
Securities Trading Ex-Income Distribution (InvIT) on March 27, 2026
Shrem InvIT
Securities Under F&O Ban on March 27, 2026
SAIL
Source: WOWNEWS24X7, Moneycontrol, Investing.com
