Stocks to watch, March 17: Tata Motors, RIL, Adani Enterprises, RailTel, Redington, Alkyl Amine, Sun Pharma, Leela Palaces, GMDC

• AGTL and AEBPL shall be amalgamated into and with Adani Enterprises;

• All the equity shares issued by AGTL and held by ATL shall stand cancelled and extinguished;

• As consideration for the amalgamation of AEBPL, AEL shall issue and allot eleven equity shares, credited as fully paid-up, for every 553 equity shares of the face value of ₹10 each, fully paid-up, held by the shareholders of AEBPL;

• ATL shall be amalgamated into and with ANIL; and

• As consideration for the amalgamation of ATL, ANIL shall issue and allot one equity share, credited as fully paid-up, for every 10 equity shares of the face value of ₹1 each fully paid-up held by the shareholders of ATL.

Accordingly, the company is currently facing challenges in procuring ammonia, a key raw material used in the manufacture of methylamines, ethylamines, and their derivatives.

If approved, this would mark a new indication for ILUMYA following its US FDA approval in 2018 for the treatment of adults with moderate-to-severe plaque psoriasis who are candidates for systemic therapy or phototherapy. Scalp and nail plaque psoriasis sBLAs were approved in April 2024 and December 2025, respectively.

ILUMYA has also received marketing authorisation from over 55 worldwide health authorities since its original approval, including in India, Japan, the European Union, China, Australia, and Canada.

The 71 all-villa property, set within 76 acres of lush landscape near Madikeri and surrounded by coffee and spice plantations, will be unveiled as The Leela Coorg Forest Sanctuary later this year.

The price increase is being undertaken to partially offset the impact of rising commodity prices and other input costs, the company said in a regulatory filing.

The increase will vary, depending on the model and variant, it added.

Part of the $180 billion Tata Group, Tata Motors is India's largest manufacturer of utility vehicles, pick-ups, trucks, and buses.

International benchmark Brent crude gained 2.45% to $102.57 per barrel, while the U.S. West Texas Intermediate rose 2.51% to $95.85 per barrel in the early morning trade.

The government had earlier permitted exports of 1.5 million tonnes for the season and in February allocated an extra 500,000 tonnes to willing mills on a non-swappable basis.

Mills had until February to apply for portions of the additional quota. Of the 500,000 tonnes, only 87,587 tonnes were requested and approved, with the remainder lapsing, the ministry stated.

Mills must export the allocated sugar by June 30, 2026. Those exporting at least 70% of their quota by that date will be allowed to ship the balance by September 30, 2026. Failure to meet the 70% threshold will result in the unutilised quantity lapsing, with potential reallocation to higher-performing or willing mills.

The collaboration will focus on assessing the potential development of an integrated rare earth value chain in Gujarat, including exploration, mining, beneficiation, processing, and downstream applications.

The engagement will primarily explore opportunities associated with GMDC’s Ambadungar Rare Earth deposit, a strategic initiative aimed at strengthening India’s capabilities in the rare earths sector.

"This landmark move builds upon more than two decades of successful collaboration under licensing agreements and enables Bajaj Electricals to fully own and steer the Morphy Richards portfolio in India, Nepal, Bhutan, Bangladesh, Sri Lanka and the Maldives," it added.

Based on the extant provisions of the Development Control and Promotion Regulations for Greater Mumbai, 2034, Oberoi Realty expects its share of the free sale component to be approximately 17.18 lakh square feet (RERA carpet area) (excluding its share of the rehab component for existing tenants) from the development of the Project Land, subject to statutory approvals and applicable regulations.