Stocks To Watch Today on March 17, 2025: IndusInd Bank, IRFC, Infosys, Wipro, and More in Focus

Indian markets are expected to be impacted today. At 7:25 AM, GIFT Nifty futures were up by 171 points at 22,589.50.

In the previous session, the Sensex dropped by 200.85 points (0.27%) to 73,828.91, while the Nifty50 fell by 73.30 points (0.33%) to 22,397.20.

Here are the key stocks to watch today on March 17, 2025:

IndusInd Bank

The Reserve Bank of India (RBI) has stepped in to dismiss speculation surrounding IndusInd Bank’s financial health, reaffirming its strong financial position. According to the central bank, IndusInd Bank remains well-capitalised, reporting a Capital Adequacy Ratio of 16.46% and a healthy Provision Coverage Ratio of 70.20% for the December 2024 quarter. Additionally, the bank’s Liquidity Coverage Ratio is robust at 113%, indicating overall stability.

Infosys

Infosys McCamish Systems, a subsidiary of Infosys, has agreed to settle six class-action lawsuits in the U.S. stemming from a cyber incident in November 2023. The settlement, valued at $17.5 million, was reached through mediation on March 13, 2025.

IRFC

Indian Railway Finance Corporation (IRFC) has scheduled a board meeting on March 17 to consider the declaration of a second interim dividend for the financial year 2024-25. The company has set March 21 as the record date to determine the eligible shareholders.

Wipro

Wipro is restructuring its Global Business Lines (GBLs) to strengthen its focus on artificial intelligence, cloud, and digital transformation. Effective April 1, 2025, the move aims to streamline operations and enhance alignment with evolving client needs.

NMDC

Mining giant NMDC has scheduled a board meeting on March 17 to consider an interim dividend for the financial year 2024-25. In compliance with SEBI’s insider trading regulations, the company has closed its trading window until March 19.

Zydus Lifesciences

Zydus Lifesciences‘ API Unit 1 in Ankleshwar, Gujarat, has successfully cleared a USFDA inspection with no observations, reaffirming the company’s compliance with international regulatory standards.

Brigade Enterprises

Real estate company Brigade Group has launched its latest residential project, Brigade Eternia, in Yelahanka, Bengaluru. Spanning 14.65 acres, the project features 1,124 residential units with a total built-up area of approximately 2 million square feet across 12 towers, each comprising 2 basements, a ground floor, and 13 to 14 floors.

With an estimated revenue potential of over ₹2,700 crore, the project is set for completion by March 31, 2030. Additionally, the company has launched “Ebony at Brigade Orchards,” a premium joint venture residential project in Devanahalli, Bengaluru.

GR Infraprojects

GR Infraprojects has secured the Agra-Gwalior Greenfield Road project worth ₹4,262.78 crore. Awarded by the National Highways Authority of India (NHAI), the project will be developed under the Build-Operate-Transfer (BOT) toll model.

Shilpa Medicare

Shilpa Pharma Lifesciences Ltd, a wholly owned subsidiary of Shilpa Medicare, a pharmaceutical company, has successfully cleared a USFDA inspection at its Unit-2 facility in Raichur with zero observations.

Conducted from March 10 to March 14, 2025, the inspection concluded without any Form 483 being issued, marking the second consecutive clean inspection at the site.

Power Grid

State-owned Power Grid Corporation has approved an investment of ₹341.57 crore for two new transmission projects. These projects will facilitate power evacuation from the Ratle (850 MW) and Kiru (624 MW) hydroelectric projects in Jammu and Kashmir. The projects are expected to be completed by mid-2026.

Alkem Labs 

Alkem Laboratories announced that the US Food and Drug Administration (USFDA) conducted a Bioresearch Monitoring (BIMO) inspection at its Bioequivalence Center in Taloja, Maharashtra, from March 10 to March 13, 2025. The company disclosed the development in a regulatory filing, confirming the inspection’s completion.

Tejas Network

Tejas Networks has received a financial boost of ₹123.45 crore from the Ministry of Communications under the Production-Linked Incentive (PLI) Scheme for the financial year 2023-24. The incentive supports the telecom gear maker’s growth and manufacturing expansion.

Conclusion

Indian markets are set for a dynamic trading session, influenced by global cues and key corporate developments. Major stocks to watch include IndusInd Bank, Infosys, Wipro, and IRFC, amid regulatory updates, restructuring, and financial settlements.

Additionally, companies like NMDC, Power Grid, and Tejas Networks remain in focus with investment approvals, dividend considerations, and government incentives shaping market sentiment.

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.