Stocks To Watch Today on March 21, 2025: Manappuram Finance, HUL, Hindalco, Bajaj Finance and More in Focus

Indian markets are expected to be impacted today. As of 7:08 AM, GIFT Nifty futures were up by 61.00 points at 23,231.00.

In the previous session, the Sensex gained by 899.02 points (1.19%) to 76,348.06, while the Nifty50 jumped by 283.05 points (1.24%) to 23,190.65.

Here are the key stocks to watch today on March 21, 2025:

Manappuram Finance 

Manappuram Finance approved a ₹4,385 crore preferential allotment to Bain Capital, issuing 9.29 crore shares at ₹236 each to BC Asia Investments XXV and an equal number of warrants to BC Asia Investments XIV, both entities controlled by Bain Capital.

HUL

Hindustan Unilever‘s board approved acquiring a 14.3% stake in Lucro Plastecycle, a leader in recycled flexible plastics. The investment aims to enhance plastic circularity by boosting recycled content availability, promoting sustainable packaging, and tackling the challenge of hard-to-recycle flexible plastics, reinforcing its commitment to environmental sustainability.

Hindalco

Hindalco plans to invest ₹45,000 crore across its aluminium, copper, and speciality alumina businesses, Aditya Birla Group Chairman Kumar Mangalam Birla announced. Speaking at an event unveiling Hindalco’s new brand identity, he emphasized the company’s commitment to being a force for good in the industry.

Hero MotoCorp

Hero MotoCorp will invest up to ₹525 crore in Euler Motors for a 32.5% stake, marking its entry into the electric three-wheeler market. The acquisition is expected by April 30, 2025. Additionally, the board approved establishing a company dedicated to corporate social responsibility (CSR) initiatives.

Bajaj Finance

Bajaj Finance announced key leadership changes, appointing Rajeev Jain as vice chairman and executive director for a three-year term from April 1, 2025. Anup Kumar Saha, currently deputy managing director, has been re-designated until March 31, 2028, subject to shareholder approval.

TCS

Tata Consultancy Services (TCS) has partnered with The Cumberland Building Society in the UK to modernize its core banking system. It will implement TCS BaNCSTM for Core Banking, TCS Digital Home Lending Solution, and Quartz for Compliance to enhance innovation, efficiency, and digital transformation in the financial services sector.

TVS Motor

TVS Motor Company’s board has approved an interim dividend of ₹10 per share (1000%), totalling ₹475 crores for the financial year ending March 31, 2025. The dividend applies to 47.5 crore fully paid-up equity shares of ₹1 each, as stated in the company’s regulatory filing.

RailTel

RailTel Corporation of India has secured a work order worth ₹16.89 crores from the Ministry of Defence for optical fiber cable (OFC) laying.

Zomato

Zomato has received approval from the Ministry of Corporate Affairs to change its name to Eternal Limited, effective March 20, 2025. The company announced in a regulatory filing that the Registrar of Companies has approved the rebranding, marking a significant shift in its corporate identity.

Conclusion

The Indian markets are poised for movement, driven by strong corporate developments. Key stocks like Manappuram Finance, HUL, Hindalco, and Hero MotoCorp announced major investments, while Bajaj Finance and Zomato made strategic leadership and branding changes. TCS, TVS Motor, and RailTel also reported significant updates, setting the stage for potential market reactions and investor focus today.

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.

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