Stocks To Watch Today on March 10, 2025: Vi, Tata Power, Reliance Infrastructure, Lupin & More in Focus

On Monday, March 10, 2025, the Indian benchmark indices Sensex and Nifty 50 are expected to open lower, following mixed global market performance. Check out a few stocks that might be in focus during the trading session.

• Reliance Infrastructure

Reliance Infrastructure has announced that its Board of Directors has approved a Scheme of Arrangement for the amalgamation of its wholly-owned subsidiary, Reliance Velocity Limited, with the company.

• Tata Power

Tata Power Renewable Energy, a subsidiary of Tata Power, has signed an MoU with the Government of Andhra Pradesh to explore renewable energy development opportunities of up to 7,000 MW (7 GW). The projects, including solar, wind, and hybrid solutions, are expected to attract an estimated investment of ₹49,000 crore.

• IndusInd Bank

According to news reports, Reliance Nippon Life Insurance Ltd, the Indian arm of Nippon Life Insurance, is considering acquiring a 9.9% stake in IndusInd Bank.

• Vodafone Idea

The Income Tax Department has issued a penalty order of ₹10.79 crore against Vodafone Idea for alleged non-compliance with transfer pricing provisions for the assessment year 2020-21. Vodafone Idea plans to appeal against the order.

• Lupin

Lupin has received final approval from the USFDA for its Abbreviated New Drug Application and has launched Rivaroxaban Tablets USP (2.5 mg) in the US. The drug, used to reduce the risk of major cardiovascular events in coronary artery disease patients, had estimated annual sales of $446 million.

• Biocon

Biocon Biologics, a subsidiary of Biocon, has reported successful results from a pivotal Phase 3 study on adult patients with moderate to severe chronic plaque psoriasis (PsO).

• HFCL

HTL Limited, a material subsidiary of HFCL, has secured an order worth ₹44.36 crore from the Indian Army for the supply of Tactical Optical Fiber Cable Assemblies. The order is set to be fulfilled by July 2025.

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.