In the previous trading session, benchmark indices witnessed cautious movement as investors tracked global market cues alongside domestic corporate developments.
Market participants continued to monitor company-specific announcements including acquisitions, project wins, regulatory updates, and strategic collaborations that may influence stock-specific action in the near term.
Shree Cement has been declared the preferred bidder for the Dommarnandyala-1 limestone block located in the YSR Kadapa district of Andhra Pradesh.
The mining block spans an area of approximately 373 hectares and is expected to support the company’s long-term raw material requirements for cement production.
Varun Beverages’ subsidiary, The Beverage Company Proprietary, has entered into an agreement to acquire a 100 percent equity stake in Crickley Dairy Proprietary in South Africa for ₹131.4 crore.
The acquisition aims to diversify the company’s product portfolio into value-added dairy and juice-based beverage categories.
Promoter entity Hazel Infra plans to sell up to 26.38 lakh equity shares, representing a 5.01 percent stake in the Swan Defence and Heavy Industries, through an offer for sale scheduled for March 18–19. The floor price for the transaction has been set at ₹1,900 per share.
Read More: Kitchen Appliance Stocks Surge: TTK Prestige Share Price Jumps 15%, Stove Kraft Gains in Weak Market!
Strides Pharma, through its step-down subsidiary Strides Pharma International AG, has entered into definitive agreements with Sandoz AG to acquire and in-license a portfolio of branded generic products across sub-Saharan Africa.
The portfolio covers several therapeutic areas including anti-infectives, cardiovascular treatments and dermatology.
Tech Mahindra’s subsidiary, Tech Mahindra London, has signed a share sale and purchase agreement with Midad Company to acquire its 20 percent stake in Tech Mahindra Arabia for ₹206.2 crore. Following the completion of the transaction, Tech Mahindra Arabia will become a wholly owned subsidiary of the company.
Wipro has announced a collaboration with Harness, an AI software delivery platform provider, aimed at helping global enterprises accelerate AI-native software delivery. The partnership is expected to enhance development speed, reliability and governance across enterprise software environments.
Ceigall India’s subsidiary, Ceigall Infra Projects, has emerged as the lowest bidder for two infrastructure projects worth ₹207 crore from the Punjab Infrastructure Development authority. The projects involve the development of urban street infrastructure in Ludhiana under the Hybrid Annuity Model.
The United States Food and Drug Administration inspected Unit-II of Eugia Pharma Specialities, a subsidiary of Aurobindo Pharma, in Rajasthan during November 2025. The inspection resulted in a Form 483 with nine observations, and the facility has now been classified under the Official Action Indicated category.
Mafatlal Industries has secured a five-year order worth ₹114 crore from the Odisha Computer Application Centre to establish 500 robotic laboratories across 16 districts under the state’s School and Mass Education Department.
CESC has issued four Letters of Award to various entities including its subsidiary Purvah Green Power for the development of wind-solar hybrid power projects, supporting the expansion of renewable energy infrastructure.
Hexaware Technologies has launched Agentverse, an enterprise AI agent platform featuring more than 600 ready-to-deploy AI agents designed to help organisations operationalise agentic AI across business and technology functions.
Corporate developments including acquisitions, regulatory updates, strategic collaborations and infrastructure project wins are likely to drive stock-specific activity 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 18, 2026, 8:10 AM IST
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