Stocks to Watch Today on April 1: Sammaan Capital, Granules, IndiGo, Texmaco Rail Among Key Movers

Stocks to Watch Today on April 1: Sammaan Capital, Granules, IndiGo, Texmaco Rail Among Key Movers​

Market Watch: Key Stocks in Focus for Today’s Trade​

A wide range of stocks are set to remain in focus on April 1, driven by developments such as investments, acquisitions, regulatory updates, leadership changes, and fresh order wins. Companies including Sammaan Capital, Granules India, InterGlobe Aviation, Corona Remedies, Jubilant Ingrevia, Pace Digitek, Diamond Power Infrastructure, and Texmaco Rail and Engineering are likely to see heightened activity.

Auto Stocks in Spotlight Ahead of March Sales Data​

Automobile companies such as Maruti Suzuki, Tata Motors, Mahindra and Mahindra, Hero MotoCorp, Hyundai Motor India, Ashok Leyland, Eicher Motors, Bajaj Auto, and TVS Motor will be closely tracked as they prepare to announce their March sales volumes.

Sammaan Capital Receives Strategic Investment​

Sammaan Capital will see a change in promoter structure as IHC, through Avenir Investment RSC, acquires a 41.5 percent stake via preferential allotment. The company has already received ₹5,652 crore, with an additional ₹3,198 crore expected upon warrant conversion.

Granules India Gets US FDA Classification​

Granules India’s subsidiary, Granules Life Sciences, has received a Voluntary Action Indicated classification from the US FDA following an inspection of its Telangana facility. The inspection covered manufacturing practices and pre-approval requirements.

IndiGo Appoints New CEO​

InterGlobe Aviation has appointed William Walsh as Chief Executive Officer, subject to regulatory approvals. He is expected to join the airline by early August 2026.

NTPC Green Energy Expands Renewable Plans​

NTPC Green Energy has signed an MoU with PTC India to explore renewable energy sales. Its subsidiary has also entered into a Green Ammonia Purchase Agreement with SECI.

Corona Remedies Enters New Segment​

Corona Remedies has acquired the Wokadine brand from Dr Reddy’s Laboratories, marking its entry into the povidone iodine market.

Kwality Wall’s Stake Acquisition Completed​

Magnum Ice Cream Company HoldCo 1 Netherlands BV has completed the acquisition of a 61.9 percent stake in Kwality Wall’s India. The company has also announced new board appointments.

Jubilant Ingrevia Acquires Remidex Pharma​

Jubilant Ingrevia has acquired a 100 percent stake in Remidex Pharma, strengthening its presence in the pharmaceutical segment.

Pace Digitek Secures Major NTPC Order​

Pace Digitek has received a ₹494.5 crore order from NTPC for maintenance services related to a battery energy storage system at Nabinagar.

Jubilant FoodWorks to Exit Dunkin’ Franchise​

Jubilant FoodWorks has decided not to renew its franchise agreement for the Dunkin’ brand in India beyond December 2026 and will gradually evaluate its existing operations.

Infrastructure and Engineering Updates​

G R Infraprojects has secured a project for highway expansion in Gujarat under the HAM model. Texmaco Rail has received orders worth ₹357.11 crore from JSW Group and ₹41.31 crore from South Central Railway. Diamond Power Infrastructure has also secured an order for EHV cables.

Pharma and Healthcare Developments​

Lupin has received tentative US FDA approval for Sugammadex injection. Hindustan Copper has approved a ₹469.55 crore plant project in Madhya Pradesh. Oil India has signed an MoU with CSIR IMMT for research in critical minerals.

Banking, Finance and Investment Activity​

Manappuram Finance has approved a borrowing plan of ₹7,400 crore for FY27 and additional investments in subsidiaries. IREDA has signed an agreement to raise external commercial borrowing from SMBC.

Coforge has received RBI approval for overseas investment up to US$1 billion for its Encora acquisition.

Leadership Changes Across Companies​

Several companies have announced leadership changes. Swaraj Engines has appointed a CEO designate, while Cipla has seen a transition in its Managing Director and Global CEO role. BirlaSoft and Servotech Renewable Power System have also announced key management changes.

Bulk and Block Deals​

Cube Highways Trust witnessed multiple large transactions, including stake sales by Cube Mobility Investments and acquisitions by institutional investors such as Kotak Mahindra Bank and ASK Financial Holdings.

Shree Digvijay Cement saw stake reshuffling between True North Fund and India Resurgence Fund. IRM Energy also reported a promoter stake increase.