Best Shares To Buy Now In India For Long Term
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Intellect Design Arena (March 09 2026)
Intellect Design Arena has won a significant contract with Parama Credit Union to deploy its eMACH.ai Digital Engagement Platform, aimed at upgrading services for over 6,500 members.
The partnership will modernize the digital banking infrastructure of the CAD 600 million asset credit union, delivering enhanced agility, scalability, and user-friendly banking experiences through comprehensive digital transformation capabilities.
Dixon Technologies (March 09 2026)
Dixon Technologies secured regulatory approval from MEITY for its strategic joint venture with HKC Overseas Limited under Press Note 3 of 2020.
The partnership restructures Dixon Display Technologies with a 74:26 shareholding ratio, focusing on liquid crystal and display module manufacturing for mobile phones, automotive, and industrial applications while aligning with Make in India initiatives.
TCS (March 09 2026)
Tata Consultancy Services has announced that HyperVault AI Data Center Limited ceased to be its wholly owned subsidiary on March 9, 2026, following TPG Terabyte’s acquisition of a 49% stake for INR 199.36 crores.
The transaction, originally announced in November 2025, involved subscription to multiple share classes including equity and preference shares.
HyperVault, incorporated in October 2025, had a net worth of INR 208.38 crores as of December 31, 2025, representing 0.18% of TCS’s consolidated position.
CMS Info Systems (March 09 2026)
CMS Info Systems has successfully completed the full acquisition of Securens Systems Private Limited by purchasing additional 25,639 CCPS at ₹158.41 per share, making it a wholly-owned subsidiary.
The strategic cash transaction enhances CMS’s Vision AI capabilities in the AIoT remote monitoring solutions sector.
Paras Defense (March 09 2026)
Paras Defence & Space Technologies has won a significant ₹80.28 crore contract from DRDO, Ministry of Defence for developing high-precision optical systems for air defence applications.
The domestic contract includes an 18-month execution timeline and represents a major business opportunity that reinforces the company’s position in India’s defence technology ecosystem while contributing to indigenous defence manufacturing capabilities.
Oriana Power (March 09 2026)
Oriana Power Secures ₹1,180 Crore EPC Contract for 234 MW Floating Solar Project at DVC Maithon
South West Pinnacle Exploration Limited (March 09 2026)
South West Pinnacle Exploration Limited has won its largest single contract worth over INR 307 crore from Hind Metal Exploration for exploration services in Rajasthan.
With a market cap of INR 570 crores and updated order book of INR 700 crores, the company demonstrates strong financial position and growth prospects.
DEE Development Engineers Limited (March 09 2026)
DEE Development Engineers Limited disclosed strong order book performance for February 2026, with total orders reaching ₹1,913.16 crores compared to opening position of ₹1,319.91 crores.
The company secured significant order inflows of ₹754.16 crores across power and oil & gas segments while maintaining robust execution capabilities.
Company’s market cap stands at ₹ 2,076 Cr.
KPI Green Energy (March 07 2026)
KPI Green Energy has formally entered the utility-scale energy storage market through its subsidiary Sun Drops Energia Limited’s execution of a Battery Energy Storage Purchase Agreement with GUVNL.
The agreement covers development of 445 MW / 890 MWh standalone BESS projects across Gujarat, marking the company’s strategic expansion into advanced energy storage solutions beyond traditional renewable energy projects.
City Union Bank (March 07 2026)
City Union Bank has entered into a strategic quadripartite partnership to establish a Centre of Excellence in Artificial Intelligence for Banking, bringing together technology, academic, and implementation partners.
The initiative aims to advance AI applications across fraud detection, credit risk analytics, customer behavior modeling, and regulatory compliance automation while supporting the bank’s digital transformation and talent development goals.
Kernex Microsystems (March 07 2026)
Kernex Microsystems has entered into a strategic joint venture agreement with Bharat Heavy Engineering Private Limited to develop advanced railway signalling technology solutions.
The company holds a 51% stake in the partnership, which aims to create Moving Block System integrated with Automatic Train Supervision and Automatic Train Operation on India’s indigenous Kavach platform.
The joint venture maintains flexible shareholding structure and arm’s length transaction principles with no related party implications.
Railtel (March 07 2026)
RailTel Corporation has won a major Rs 27.00 crore contract from South East Central Railway for optical fiber cable infrastructure development.
The project involves comprehensive services including supply, transportation, trenching, laying, and technical installation work, with completion scheduled by March 2027.
RITES (March 07 2026)
RITES Limited has won a significant infrastructure consultancy contract worth ₹45.19 crore from the West Bengal government for project management services of a 4-lane extra dosed bridge over river Muriganga.
The 48-month project will connect Kachuberia on Sagar Island with Kakdwip, with RITES serving as Project Management Consultant and Authority Engineer for the entire lifecycle.