Stocks To Watch : Bajaj Finserv, IRCON, PC Jeweller, NBCC, RITES, Insolation Energy & More

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Bajaj Finserv

Bajaj Finserv to acquire Allianz’s 26% stake in insurance JVs for €2.6 billion (~Rs 24,600 crore)

IRCON International

Ircon Int’s JV bags a Rs 1,096.2 crore order from Meghalaya to build a new secretariat complex

PC Jeweller

PC Jeweller’s board approves the preferential issue of shares to lenders to settle Rs 1,510 cr debt

NBCC

NBCC bags a Rs 44.6 crore work order from the Mahatma Gandhi Institute for Rural Industrialisation

RITES

Rites bags a $10.8 mn revised order from Ntokoto Rail for locomotives, bogies and traction systems

Insolation Energy

Insolation Energy secures orders worth Rs 372.2 crore for rooftop solar projects and module supply

Engineers India

Engineers India bags a Rs 252.9 crore order from Numaligarh Refinery for the 360 KTPA PPU project

Senco Gold

Senco Gold’s promoters acquire a stake worth Rs 4 crore through an open market transaction

One97 Communications

Paytm’s subsidiary, Paytm Money, gets SEBI approval to operate as a Research Analyst

Mahindra & Mahindra

Mahindra to acquire a 57% stake in its step-down subsidiary, Mahindra – BT Investment, for $14.3 mn

KRN Heat Exchanger and Refrigeration Ltd.

KRN Heat Exchanger and Refrigeration plans to increase its capacity sixfold by May 2025

IREDA

IREDA’s board raises FY25 borrowing limit to Rs 29,200 cr, adding Rs 5,000 cr from various sources

Star Cement

Star Cement emerges as the preferred bidder for the Boro Hundong Limestone Block composite license

Manappuram Finance

Manappuram’s board to meet on March 20 to consider raising funds via issue of shares or other modes

Shilpa Medicare

Shilpa Medicare’s arm partners with mAbTree Biologics to co-develop an immuno-oncology therapy

Hindalco

Indian Gov imposes anti-dumping duty on aluminium foil imports from China up to 80 microns of width

Religare Enterprises

Religare Ent’s board commissions a governance review of the company and its subsidiaries

LIC

LIC announces plans to enter the health insurance sector, with an acquisition in its final stages

Jubilant Ingrevia

Mutual Funds’ holding in Jubilant Ingrevia decline 946 bps MoM in February 2025

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