Stocks to watch, March 20: TCS, IT stocks, NTPC, Hindustan Copper, JSW Steel, S Motherson, Electrosteel Castings, IndiQube

The MoU reflects the Parties’ shared intent to drive innovation, operational resilience, and sustainable growth through a long-term partnership approach.

Accenture, according to reports, reported nearly 8% year-on-year growth in revenue for the second quarter of fiscal year 2026, driven by record bookings. The top line rose to $18 billion, compared to Bloomberg's consensus estimate of $17.86 billion.

The Dublin-based company also posted record second-quarter bookings, up 6% to $22.1 billion. Diluted earnings per share grew 4% to $2.93, as per a press release by the company.

The company now expects full-year revenue growth to be 3% to 5% in local currency. Excluding an estimated 1% impact from its U.S. federal business, the company now expects revenue growth to be 4% to 6% in local currency.

It now expects full-year GAAP diluted earnings per share to be in the range of $13.25 to $13.50, a 9% to 11% increase; it now expects full-year adjusted earnings per share to be in the range of $13.65 to $13.90, a 6% to 8% increase.

Accenture has also raised the full-year free cash flow expectation to be in the range of $10.8 billion to $11.5 billion.

The proposed maiden public offering is entirely an offer for sale (OFS) of up to 20.37 crore equity shares, with no fresh issue component, according to the draft red herring prospectus (DRHP).

The offering will see promoters, State Bank of India (SBI) and Amundi India Holding, pare their stakes.

India's largest telecom company Jio added 24.37 lakh mobile users in January, pushing its total wireless subscriber tally to 49.14 crore.

Notably, Bharti Airtel recorded substantial gains during the month, adding 44.06 lakh wireless users, as its subscriber base rose to 46.77 crore in January.

Airtel's subscriber base stood at 46.33 crore in December 2025, data from the Telecom Regulatory Authority of India (TRAI) showed.

Given its sheer numbers, Jio accounted for over 49% of India's broadband services market, with Airtel's market share at 34.13%.

The initiative marks a milestone in strengthening Wipro’s capabilities to deliver advanced technology services to global Banking, Financial Services, and Insurance (BSFI) clients.

The MoU was signed on the sidelines of the Bharat Electricity Summit 2026, being held from March 19 to March 22, 2026.

Metal prices fell sharply on Thursday as investors grew concerned about the impact of rising oil prices, driven by the US–Iran conflict, on the global economy.

Gold dropped nearly 6%, while silver declined 8%. The sell-off extended beyond precious metals, with industrial metals such as copper and palladium falling 2% and 5.5%, respectively.

Industrial metals are widely used in real-world applications—copper, for instance, is essential in electronics, electrical wiring, and plumbing. A fall in copper prices is often viewed by the market as a signal of slowing economic growth.

The MdR project, located in the Moatize coal basin of the Tete Province, Mozambique, grants JSW Steel access to substantial reserves of premium hard coking coal, which is a key raw material in steelmaking.

The strategic partnership will enable SAMIL, via its Logistics Solution Division, to provide world-class supply chain solutions to the automotive industry and support customers with essential logistics requirements.

The GCC client has taken up 1,140 seats at IndiQube Orchid, spread across multiple floors. The deal is valued at around ₹54 crore over the tenure of 5 years.