In the previous trading session, Indian benchmark indices traded cautiously as investors monitored global cues, commodity price movements and company-specific developments.
Market participants continued to track corporate announcements including new contracts, acquisitions, regulatory updates and management changes that could influence stock-specific activity during the day.
Wipro has entered into a multi-year contract for business and technology modernisation with TruStage’s retirement services business. TruStage is an insurance and financial services provider headquartered in Madison, Wisconsin. The agreement is expected to support digital transformation initiatives for the client.
Omnitech Engineering has secured a 5-year contract valued at ₹920 crore from Weatherford Products GmbH through a Master Purchase Agreement. The order is expected to strengthen Omnitech Engineering’s order book and enhance its presence in the global energy equipment supply chain.
RPG Group company KEC International has received new orders worth ₹1,476 crore across transmission and distribution projects in India, the Middle East, Africa and the Americas. With these additions, the company’s year-to-date order intake has reached approximately ₹22,800 crore.
Samvardhana Motherson International Ltd has entered into a Share Purchase Agreement to acquire a 100% stake in Yutaka Autoparts India. The transaction forms part of the broader acquisition strategy involving Yutaka Giken Co Ltd and Shinnichi Kogyo through its subsidiary Motherson Global Investments BV. The tender offer for additional shares of Yutaka Giken closed on March 10, with settlement scheduled for March 17.
Vascon Engineers has received a work order worth ₹115.9 crore from the Ahmedabad Municipal Corporation for the development of Lotus Park. The project is expected to be completed within 24 months from the date of issuance of the work order.
Borosil Ltd
Borosil reported operational disruption due to restrictions on LPG supply following a force majeure situation linked to geopolitical tensions in the Middle East. Production at the company’s Borosilicate Glass Furnace for pressware products has been temporarily suspended, while its Opal Glass Furnaces in Jaipur are operating at reduced capacity.
Relaxo Footwears announced that Prince Jain has resigned from the position of Chief Financial Officer and Key Managerial Personnel, effective March 11. The development may draw investor attention as the company evaluates leadership changes within its finance function.
The National Company Law Tribunal (NCLT), Cuttack, has approved the amalgamation of Milk Mantra Dairy with Hatsun Agro Product. The merger will take effect from the appointed date of April 1, 2025, potentially strengthening the company’s dairy portfolio.
Redington has received a favourable ruling from the Commissioner of Income Tax (Appeals), which quashed a tax demand of ₹230.21 crore out of the total ₹233.66 crore raised for the Assessment Year 2020–21. The order is expected to provide relief regarding the company’s tax liability.
Contract wins, acquisitions, regulatory developments and corporate restructuring announcements are likely to drive stock-specific movements in today’s trading session.
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 or 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 related documents carefully before investing.
Published on: Mar 12, 2026, 7:54 AM IST
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