The stock market is taking a breather after a sharp correction but stock-specific action continues. If you are uncertain about which stocks to focus on, here is a detailed overview of all the stocks in the news. You may like to watch these stocks today, March 12.
Stocks in Focus: From Bharti Airtel to Kaynes Technology, you can read about all the stocks that may see action. Previously, on Tuesday, the NSE Nifty 50 closed the session 38 points or 0.17% higher at 22,498, while the BSE Sensex fell 13 points or 0.02% to close at 74,102.
Stocks to watch on March 12, 2025
Bharti Airtel
Bharti Airtel has signed an agreement with SpaceX to bring Starlink’s satellite internet to India. However, the deal will depend on SpaceX getting approval from Indian authorities to sell Starlink services. Airtel may sell Starlink equipment in its stores and provide Starlink’s services to businesses.
TCS
Tata Consultancy Services (TCS) will acquire Bengaluru-based Darshita Southern India Happy Homes, a commercial real estate firm, for Rs 2,250 crore, the IT services major said in an exchange filing on Tuesday. It added that the building and the land owned by Darshita Southern India Happy Homes will serve as a delivery centre. The deal will be executed through a call option to acquire 100% equity stake in the entity after two years.
Swiggy
Swiggy announced it will transition to a 100% electric vehicle (EV) delivery fleet by 2030. The company currently partners with 540,000 delivery partners across India and already delivers some orders using EVs. In October last year, Swiggy also launched its XL EV fleet for bulk orders.
HUL
Minimalist, recently acquired by Hindustan Unilever for Rs 3,000 crore, will leverage the FMCG firm’s vast distribution network to scale up both its domestic and international presence. The deal, which aligns with Minimalist’s expansion goals, will provide the resources needed for growth in manufacturing, research and development (R&D), and offline retail penetration.
Godrej Agrovet
Godrej Agrovet announced that its board has approved the acquisition of the remaining 48.06% equity stake in Creamline Dairy Products, making it a wholly owned subsidiary of the company. The company paid Rs 930 crore for the acquisition of Creamline Dairy.
RVNL
Rail Vikas Nigam secured a key infrastructure project, emerging as the lowest bidder (L1) for a Rs 554.64 crore contract awarded by the National Highways Authority of India (NHAI). The project involves the construction of a six-lane access-controlled connectivity road linking Sabbavaram bypass to Sheelanagar junction of NH-516C in Andhra Pradesh
Nykaa
FSN E-Commerce, or better known as Nykaa, incorporated a new wholly-owned subsidiary Nykaa Essentials. It will be solely in the beauty and personal care (BPC) retail business. The authorized share capital of Nykaa Essentials is Rs 10 crore and paid-up share capital will be Rs 5 lakh.
PB Fintech
PB Fintech, the parent company of Policybazaar, approved an investment of up to Rs 696 crore in its wholly-owned subsidiary, PB Healthcare Services. The investment to be made through equity shares or compulsorily convertible preference shares is subject to shareholder approval via postal ballot.
Kaynes Technology
Kaynes Technology India said its Managing Director, Ramesh Kunhikannan, received a Show-Cause Notice from the Securities and Exchange Board of India (SEBI) dated March 10, 2025. The notice is for alleged violations in maintaining the Structured Digital Database (SDD) related to the company’s financial results for the period ending March 31, 2023, under the SEBI (Prohibition of Insider Trading) Regulations, 2015.