Stocks to watch: The domestic equity market will likely open in the green on Tuesday, March 25, amid supportive global cues.
At 08:04 AM, the GIFT NIFTY futures were trading at 23,769.50, up 20.50 points, or 0.09%. This implies that the NIFTY50 index will open 70 points higher.
In the overnight trade, the S&P 500 rose sharply to its highest in over two weeks on Monday, lifted by Nvidia and Tesla following signs that the Trump administration might take a more measured approach on tariffs against US trading partners.
US President Donald Trump said automobile tariffs are coming soon and that he may give "a lot of countries" breaks on tariffs, but he provided no details, according to a Reuters report.
Here is a list of stocks that may remain in focus today.
Brigade Enterprises: Shares of the realty firm will be on investors' radar as the company has acquired 4.4 acres of land in East Bengaluru for a residential project. The gross development value is approximately ₹950 crore.
Restaurant Brands Asia:
Restaurant Brands Asia, formerly known as Burger King India, will be in focus as the company opened a qualified institutional placement (QIP) on Monday, three months after it received the board of directors' nod to raise funds of up to Rs 500 crore through the issuance of multiple securities.
The company has set the floor price at ₹62.32 per share.
Easy Trip Planners: The company has received in-principle board approval to acquire a 49% stake in Big Charter Pvt Ltd, a prominent player in India’s charter aviation sector. This move marks a significant step for
EaseMyTrip into the rapidly expanding charter and non-scheduled aviation market, enabling the company to offer more personalised, premium, and flexible air travel options to a wider customer base.
Aveer Foods: The company, in its filing to stock exchanges on Monday, March 24, said that the board has approved the issue of 452,174 warrants to the promoters on a preferential basis at cash. Besides, the board has also approved the acquisition of Kamal Industries Dharwad as a going concern on a slump sale basis.
HCLTech: The IT major is slated to release its March quarter (Q4 FY25) results on April 22. It will also announce the interim dividend, if approved, on the same day. Besides,
HCL Technologies on Monday announced a strategic partnership with Western Union to drive innovation and transformation in the financial services industry.
Rail Vikas Nigam (RVNL): The PSU has emerged as the lowest bidder (L1) from Central Railway for “OHE modification work for upgradation of existing 1x25 KV electric traction system to 2x25 KV at feeding system in Itarsi-Amla section in Nagpur division of Central Railway to meet 3000 MT loading target.” The cost of the project is ₹115.79 crore.
Agrochemical stocks: Stocks such as IFB Industries Ltd., India Pesticides Ltd., Insecticides India Ltd., and NACL, along with Alkyl Amines Ltd, are expected to be in focus as the government has imposed anti-dumping duty on imports of roller chains from China. Additionally, the Directorate General of Trade Remedies (DGTR) has recommended the imposition of an anti-dumping duty on imports of Pretilachlor from China. Pretilachlor is a herbicide used to control weeds in rice and paddy fields.
This move is likely to impact stocks like India Pesticides, Insecticides India, and NACL, according to a report by CNBC-TV18.
The DGTR has also recommended the imposition of an anti-dumping duty on imports of acetonitrile, which is imported from countries like China, Russia, and Taiwan.
Acetonitrile is a key product for stocks like Alkyl Amines.
Garden Reach Shipbuilders and Engineers (GRSE): The PSU has signed a contract with Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG Germany on Monday, March 24, 2025, for the construction and delivery of the 7th & 8th Multi-purpose vessel (MPV) of 7,500 DWT in Hamburg, Germany.
This contract is in line with the ‘Option Agreement’ signed between both parties for the procurement of four additional MPVs from GRSE. The shipyard will build a total of eight vessels (08) at an approx. order value of 108 MUSD.
Punjab & Sind Bank: State-owned Punjab & Sind Bank on Monday fixed the floor price of ₹40.38 per share to raise funds through QIP.
The bank has proposed to raise ₹2,000 crore through Qualified Institutional Placement (QIP).
The board in its meeting approved and adopted the preliminary placement document dated March 24, 2025, together with the application form in connection with the issue, Punjab & Sind Bank said in a regulatory filing.
Pavitra Shankar, Managing Director of Brigade Enterprises, said this land acquisition will enhance its portfolio.
UCO Bank: The bank opened a qualified institutional placement issue on Monday and approved the floor price of ₹36.07 per share for the issue.
ICICI Bank: ICICI Securities will become a wholly owned subsidiary of the holding company and is deemed to have been delisted from the BSE and NSE, the bank said in an exchange filing on Monday.
Britannia Industries: The company, in its filing to stock exchanges, said that the operations of the company at its plant located at Jhagadia, Gujarat, have been partially affected due to a strike that commenced today. The company is in continuous discussion with workers to resolve the situation amicably. At present, the impact of this event is being assessed, and the company is managing demand through available resources.
NTPC: The PSU declared the commercial operation (COD) of the Kerandari Coal Mining Project (KDCMP) with effect from April 1, 2024.
Hyundai Motor India: The automaker said its board has approved an investment of approximately ₹694 crore to establish and operate a tooling centre in India.
Seamec Ltd: Under Oil and Natural Gas Corporation's (ONGC) pipeline replacement project VIII (PRP-VIII Group B) and Daman upside development project (DUDP), marine services provider company Seamec Ltd has signed a sub-contract agreement with Posh India Offshore Private Ltd for riser clamps, bowstrings and other installation works.