Stocks to Watch on March 28, 2025: Adani Power, Adani Energy Solution, BEL and More

The stock market is buzzing with activity! If you’re wondering where to focus, here’s a simple update on the latest developments in key stocks.

On Thursday, the NSE Nifty 50 gained 105 points (0.45%) to close at 23,592, while the BSE Sensex rose 318 points (0.41%) to end at 77,606.

Here are key stocks to watch on March 28, 2025: 

Adani Power

Adani Power has resumed power supply to Bangladesh after nearly four months of suspension due to unpaid dues. Bangladesh is making payments of $90-95 million per month, but past dues remain pending, sources said.

Adani Energy Solutions

Adani Energy Solutions announced the acquisition of Mahan Transmission (MTL), a special purpose vehicle (SPV). The company has signed a SPA (share purchase agreement) with REC Power Development and Consultancy on March 26 to buy a 100% stake in MTL.

Jubilant FoodWorks

Jubilant Foodworks, which operates Domino’s and Popeyes, is seeing a recovery in dine-in sales, said CEO & MD Sameer Khetarpal. He expects dine-in sales to grow further from the next quarter.

Jindal Stainless

Jindal Stainless plans to invest ₹40,000 crore in Maharashtra to set up a new stainless steel manufacturing plant. The company has submitted an investment proposal to the Maharashtra government, which was approved in a state cabinet subcommittee meeting.

ONGC

ONGC Videsh, the overseas arm of ONGC, is making progress on its offshore gas exploration project in Mozambique. The company’s board has approved an investment of ₹1,500 crore in the joint venture (JV) there.

BPCL

Saudi Aramco is in talks to invest in two planned refineries in India, including Bharat Petroleum Corp’s (BPCL) refinery in Andhra Pradesh and an ONGC refinery in Gujarat, according to a Reuters report.

BEL (Bharat Electronics Ltd)

Bharat Electronics has received additional orders worth ₹1,385 crore since its last update on March 12, 2025. These orders include radar spares, electronic voting machines, ship-based fire control systems, and advanced land navigation systems.

Conclusion

With ongoing acquisitions, investments, and policy changes, these stocks are set for potential movement. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.