Stocks to Watch, March 5: Adani Wilmar, Coforge, Biocon, Ola Electric, RVNL

Stocks to watch on Wednesday, March 5, 2025: Trump tariffs, China and Canada’s retaliation to tariffs, FIIs persistent selling, coupled with mixed global cues, may influence the sentiments of the Indian benchmarks, Sensex and Nifty50, today. 

 

At 7:20 AM, GIFT Nifty futures were trading 71 points lower at 22,120.  READ: Stock Market Updates LIVE

 

Meanwhile, here are the top stocks to watch on Wednesday

 

Adani Wilmar: To acquire 80 per cent of GD Foods Manufacturing (owner of 'Tops' brand) in the first tranche.

 

Coforge: The company signed an agreement with Sabre Corporation to accelerate AI-enabled solutions.

 

Ambuja Cements: The market watchdog Competition Commission of India (CCI) has approved acquisition of 72.8 per cent stake in Orient Cement. 

Biocon: The company's subsidiary, Biocon Pharma, has received USFDA approvals for Lenalidomide capsules and Dasatinib tablets, and tentative approval for Rivaroxaban tablets.

 

Ola Electric Mobility: The electric vehicle manufacturer has received notice from IFCI regarding non-achievement of Milestone-1; actively engaging with authorities.

 

Power Grid: The company has been awarded three transmission projects under BOOT basis.

 

JSW Energy: The company has acquired KSK Mahanadi Power, approved by the Competition Commission.

 

Rail Vikas Nigam: RVNL was awarded Rs 729.82 crore project for distribution infrastructure in Himachal Pradesh.

 

Welspun Specialty Solutions: The company has secured a Rs 231.77 crore contract from BHEL for boiler tubes.

 

Grasim Industries: The company has started commercial production of Birla Opus Paints at Mahad plant.

 

Sun TV Network: To consider an interim dividend for FY2025 on March 7.

 

Force Motors: February 2025 sales grew 46.28 per cent to 3,600 units.

 

ABB India: The company has invested in AI start-up UptimeAI through ABB Motion Ventures.

 

GE Vernova T&D India: It has secured Rs 500 crore in orders from Power Grid Corporation of India.

 

ONGC: Subsidiary ONGC Green acquired 100 per cent stake in PTC Energy for Rs 925 crore.

 

Avenue Supermarts: The retail chain operator has opened a new store in Kodad, Telangana, bringing total stores to 392.

 

Walchandnagar Industries: The company has acquired 60.3 per cent stake in AiCitta Intelligent Technology.

 

Mindteck India: CEO Anand Balakrishnan to resign effective May 31, 2025. 

RHI Magnesita India: Acquired 100 per cent stake in Ashwath Technologies for Rs 14 crore.

 

Apollo Hospitals: The hospital chain operator to invest Rs 250 crore in a comprehensive Oncology Centre with India's first Proteus One Proton System.