Stocks to watch, March 10: Indian Oil, BPCL, ONGC, Oil India, Asian Paints, IHCL, Jubilant Food, Swiggy, Eternal, Power Grid, NTPC Green

When last seen, WTI crude futures traded at $84.89 per bbl, down 10.43%, while Brent crude futures stood at $88.85 a barrel, down 10.22%.

Hence, oil-related stocks such as upstream companies (ONGC, Oil India), OMCs (IOCL, BPCL, HPCL), paints (Asian Paints, Indigo Paints), tyres (MRF, JK Tyres), and aviation stocks (IndiGo, SpiceJet) will be in the spotlight.

The Federation of Hotel and Restaurant Associations of India (FHRAI) wrote to Minister of Petroleum and Natural Gas Hardeep Singh Puri, flagging "widespread disruption at the ground level".

FHRAI stated that several distributors are withholding supplies, citing a government order dated March 5.

"In light of these challenges, we request the government to issue a formal clarification confirming that no such restrictions apply to the hospitality and food service sectors. We further pray for a clear mandate to be issued to all oil marketing companies to ensure the seamless distribution of commercial cylinders," FHRAI Secretary General Jaison Chacko said in the letter.

Private equity firm True North, through its affiliate Viridity Tone LLP, offloaded a total of 2,03,13,795 shares, representing a 3.62% stake in Bengaluru-based Anthem Biosciences, as per the bulk deal data on the BSE.

The shares were sold at an average price of ₹621.11 apiece, taking the deal value to ₹1,261.71 crore.

At the December 2025 quarter ending, Viridity Tone LLP's holding in Anthem Biosciences stood at 3.80%.

Meanwhile, HDFC Mutual Fund (MF) and SBI MF have collectively acquired 93,01,020 shares or 1.65% holding, in Anthem Biosciences at an average price of ₹621.10 apiece.

This took the combined deal value to ₹577.68 crore.

This is the first such initiative by an Indian UAV player, it added.

Under the initiative, ideaForge will deploy its NATO-certified SWITCH UAV platform as part of a specialised hands-on drone flight-testing programme, the company said.

The week-long exercise, commencing on March 9, will equip NATO's military personnel from across four continents through an immersive exercise.

The project is owned by Ayana Kadapa Renewable Power, a wholly-owned subsidiary of joint venture entity ONGC NTPC Green, the company said in an exchange filing.

The second part of the capacity of 91.6 MW out of the 250 MW Solar PV Project located in Andhra Pradesh is declared commercially operational with effect from February 27.

The commercial operation of the first part, with a capacity of 158.4 MW, was announced on February 20.

The company issued 2,00,000 NCDs of ₹1 lakh per debenture, aggregating to ₹2,000 crore, a regulatory filing stated.

The company has issued and allotted "2,00,000 secured, rated, listed, taxable, non-cumulative, redeemable and non-convertible debentures (NCDs) of ₹2,000 crore at a coupon rate of 7.97% per annum" on a private placement basis, the regulatory filing added.

Moreover, the industry continues to see a gradual "diversification of consumption" with carbonated soft drinks remaining the largest category, while non-carbonated beverages, juice-based drinks, sports and energy drinks continue to gain traction, it said.

Brands are expanding their portfolios with low- and no-sugar options, juice-based functional beverages, and differentiated offerings, enabling them to cater to evolving consumer preferences.

As per the #ChampionMahotsav, the company will extend benefits worth ₹10,000 across its vehicle portfolio, enabling more customers to join the celebration.

As part of the celebration, customers can avail themselves of ₹10,000 in benefits on any Ola scooter or Roadster motorcycle for three days during the #ChampionMahotsav window.

WeWork: The company has entered into a lease deed for capacity addition in Chennai, admeasuring 1,41,392 square feet, which will result in an increase in its operational capacity.

This hotel will feature 76 well-appointed rooms, a restaurant, a banquet hall, a meeting room, a spa, a swimming pool, and a fitness centre.

The board has also given the in-principle approval for the divestment of the entire equity stake in the Central Transmission Utility of India Limited (CTUIL), a wholly owned subsidiary of POWERGRID, to the Grid Controller of India Limited (GRID-INDIA).

It has acquired the brand, along with the business from Pahadi Goodness, which will amplify its play in the fast-growing traditional beauty and wellness brands.

"With this business acquisition, Reliance Retail Limited reinforces its strategy of building and scaling differentiated, purpose-driven Indian brands by leveraging its unparalleled omni-channel retail ecosystem, digital commerce capabilities, and supply chain strengths," the company said in a statement.