Stocks to Watch Today on March 30: NLC India, GR Infra, RailTel, NTPC, JSW Steel, Syngene in Focus

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Key Stocks in Focus Today​

Stocks including NLC India, GR Infraprojects, RailTel Corporation, CMS Info Systems, KNR Constructions, Thermax, Aarti Pharmalabs, Ceigall India, JSW Steel, and Syngene International are expected to remain active in today’s trading session, driven by project wins, investments, acquisitions, and corporate developments.

NLC India Begins Coal Production​

NLC India’s joint venture, Neyveli Uttar Pradesh Power, has commenced coal production at the Pachwara South coal block in Jharkhand.
The block holds extractable reserves of 264.84 million tonnes, with a mining capacity of 9 million tonnes per annum and G10 grade coal.

The coal supply will support the upcoming 3x660 MW Ghatampur Thermal Power Plant, strengthening fuel security for power generation.

GR Infraprojects Secures Major Orders​

GR Infraprojects has emerged as the L1 bidder for an NHAI project worth Rs 1,453.57 crore in Gujarat for road upgradation.
Additionally, the company secured a Rs 413.37 crore contract from NTPC for Battery Energy Storage Systems at the Mouda thermal plant.

RailTel Wins Government Contracts​

RailTel Corporation has received multiple contracts, including:

  • Rs 444.44 crore LoI for KSWAN 3.0 project
  • Rs 13.03 crore LoA from Mumbai Port Authority for hospital management systems

Deepak Builders Expands Order Book​

Deepak Builders and Engineers India has emerged as the L1 bidder for a Rs 474.25 crore residential project at IOCL’s Panipat complex.
The company’s order book is expected to reach around Rs 2,000 crore after final award.

Coal India and NTPC Strengthen Energy Portfolio​

Coal India has received a Rs 1,057.09 crore order for setting up a 750 MWh Battery Energy Storage System in Telangana and formed a joint venture with Damodar Valley Corporation.

NTPC has approved:

  • 4.70 GWh BESS projects worth Rs 5,821.90 crore
  • Additional equity infusion in Meja Urja Nigam
  • Commissioning of 180 MW solar capacity, taking total installed capacity to 88,889 MW

Infrastructure Companies Bag Fresh Orders​

  • Dilip Buildcon secured a Rs 698.49 crore project in Gujarat
  • KNR Constructions received a Rs 1,734 crore highway project from NHAI
  • Ceigall India won a Rs 603 crore highway project in Punjab

Thermax Secures Large Power Order​

Thermax’s subsidiary has received a Rs 1,600 crore boiler package order for a 1x800 MW ultra-supercritical thermal power project in Central India.

CMS Info Systems Announces Acquisition​

CMS Info Systems will acquire the ATM managed services business of FSS for Rs 115 crore, with completion expected in Q1 FY27.
Meanwhile, a mutual fund increased its stake in the company to 7.97 percent.

Syngene Sees Leadership Transition​

Syngene International announced:

  • Resignation of CEO Peter Bains effective June 30, 2026
  • Appointment of Siddharth Mittal as MD and CEO from July 1
  • Kiran Mazumdar-Shaw transitioning to Executive Chairperson

Gujarat Fluorochemicals Raises Capital​

Its subsidiary GFCL EV has raised USD 80 million, in addition to USD 50 million previously secured from IFC.

Aarti Pharmalabs Receives US FDA Observation​

The US FDA issued a Form 483 with one procedural observation following inspection of its Palghar facility.

JSW Steel Completes Acquisition​

JSW Steel’s subsidiary has acquired the steel business of Bhushan Power and Steel through a slump sale.

Other Notable Developments​

  • JNK India secured an order worth Rs 300 to 600 crore
  • Bombay Burmah Trading sold tea plantations for Rs 120 crore
  • TVS Holdings increased stake in Home Credit India Finance to 80.39 percent
  • ACME Solar received a GST notice of Rs 149.73 crore and commissioned additional BESS capacity
  • Bank of Baroda saw a temporary state ban revoked

Bulk and Block Deals in Focus​

  • Washington State Investment Board bought stake in Mahanagar Gas
  • Motilal Oswal Mutual Fund invested in Apollo Micro Systems and trimmed stake in Cyient DLM
  • Transactions also recorded in Arvind SmartSpaces and Cube Highways Trust

Listing, Corporate Actions, and F&O Ban​

  • CMPDI enters mainboard listing
  • Speciality Medicines SME listing
  • TVS Motor trades ex-dividend
  • IRB Infrastructure Developers and Triton Valves trade ex-bonus
  • SAIL remains in F&O ban
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Editorial Note

This news article was written and created by Virat, and published on IST.
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