Stocks to watch, March 30: Thermax, Coal India, ONGC, defence stocks, Oberoi Realty, Urban Company, Ceigall India

The procurement proposals were approved by the Defence Acquisition Council (DAC), the defence ministry's highest decision-making body on military procurement. It was chaired by Defence Minister Rajnath Singh.

The company’s entitlement of free sale component from the project is estimated to be up to 1.40 lakh square feet (RERA carpet area), subject to the provisions of Development Control & Promotion Regulations for Greater Mumbai, 2034, and applicable law.

In a regulatory filing dated Saturday, the company stated that it has received a letter of acceptance (LOA) from the Narmada Water Resources, Water Supply & Kalpasar Department, Government of Gujarat.

Under the LoA, the Bhopal-based firm will be required to construct the flood protection embankment on the Narmada River in the Bharuch district of Gujarat.

The development boosts domestic coal output for power generation, supporting India's energy security amid rising demand, it said.

“Subsequent to the commencement of overburden removal on December 19, 2025, the Pachwara South Open Cast Project successfully commenced coal production on March 29, 2026,” the NLC said in the filing to BSE.

In a social media post, Agarwal said Vedanta was "declared the highest bidder publicly" to acquire Jaiprakash Associates Ltd (JAL) through the insolvency process.

Attaching a source-based media report about the price opening meeting of lenders of the insolvent infrastructure company on September 5, Agarwal said, "It was a transparent process." We were informed in writing that we had won.

"But life is never so simple. After some days, the decision was changed," he said.

The financial services company does not have any immediate plan to get into the unsecured and consumer durable lending businesses.

"We hope to start insurance manufacturing in 2026, subject to regulatory approvals," its chief executive and managing director, Hitesh Sethia, told PTI recently.

"We have almost 369 stores right now, and we expect to add around 40 stores next year (2026-27); however, we won't be in a hurry to open them. In the first quarter, we will probably focus on exploring stores, and in the second quarter, we will start the expansion for FY27. Around 10% of these new stores will be owned by the company," CaratLane Managing Director Saumen Bhaumik told PTI.

About 13% of the current 369 operational stores are company-owned, Bhaumik added.

Bhaumik said this expansion will be more in the north, east, and the south, while in the west, the openings will be fewer.

India offers a significant opportunity to expand the wildlife and ecotourism segment. The signing of Taj Safaris, Satpura, reflects this potential and strengthens our presence in Madhya Pradesh, where we operate lodges in Pench, Kanha, Bandhavgarh, and Panna.

"We are delighted to partner with Sarvapratham Hospitality for this project," IHCL Executive Vice President - Real Estate and Development, Suma Venkatesh, said in a statement.

With the addition of this hotel, IHCL will have 5 Taj Safaris in Madhya Pradesh, including one under development.

TBWES has secured the ₹1,600 crore boiler package supply order valued from a leading thermal power projects company in Central India for a 1x800 MW ultra-supercritical thermal power plant, according to a company statement.

The scope of work includes manufacturing, supply, commissioning, and performance testing of the boiler package, the statement said.

"This order marks a significant breakthrough for Thermax and reinforces our proven capabilities in large-scale energy solutions. We thank our customer for their trust in Thermax and look forward to delivering this project with accelerated timelines and successful execution," said Ashish Bhandari, MD & CEO, Thermax, in a statement.

This platform has been successfully commissioned, and gas has been sent to the Hazira plant.

The 1-million milestone closely follows the 50,000+ daily orders reported in February, establishing InstaHelp as the fastest-scaling business unit in Urban Company’s history.

At the end of this inspection, which concluded on March 27, 2026, a ‘Form 483’ was issued with one observation. This observation is procedural in nature. The corrective and preventive actions for the observation along with compliance will be submitted to the US FDA within the stipulated period.

The awarded project involves developing a 10,300-km stretch starting from a point on the Ambala-Chandigarh section of NH-205A till the Zirakpur Bypass, under the NH(O) in Punjab, the company said in a statement.

The contract will be executed on the Hybrid Annuity Mode (HAM).