Global Market Futures (as of 06:35 AM IST)
US Market (Futures)
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Nasdaq: +0.36%
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Dow Jones: +0.18%
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S&P 500: +0.24%
European (Futures)
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Ftse 100: +0.18%
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Cac 40: -0.13%
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Dax: +0.19%
Asian (Live)
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NIKKEI 225: +2.03%
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KOSPI: +3.63%
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ASX 200: +0.20%
Gift Nifty: 23655.00 (+0.31%)
FII and DII Trading Activity March 17, 2026 in Cash market
FIIs / FPIs: Net Sell of ₹4,741.22 crores
DIIs: Net Buy of ₹5,225.32 crores
Results Today
Gaudium IVF and Women Health, Dharti Proteins, and Milestone Furniture will release their quarterly earnings today.
Key Quarterly Earnings Update
Clean Max Enviro Energy Solutions Q3 (Consolidated QoQ)
Profit grows 9.4% to ₹27.6 crore versus ₹25.3 crore. Revenue falls 20.4% to ₹422.5 crore versus ₹530.6 crore. Other income increases to ₹43.8 crore versus ₹27.4 crore.
Commodity Market Updates
International commodity markets traded with a broadly negative bias in early hours, with most assets witnessing mild to moderate declines. Gold remained near the psychological $5,000 level, trading around $5,005, while XAU/USD hovered close to $5,000. Silver underperformed, falling to approximately $79.29, down nearly 0.8%. Copper prices were relatively stable but slightly lower at $5.76. Energy markets saw sharper declines, with WTI crude at $94.07 and Brent crude at $102.33, both down over 1%. Natural gas slipped to $3.00, while gasoline (RBOB) traded at $3.11. London gas oil also weakened, quoted at $1,165.38. Overall sentiment remains cautious amid demand concerns and mixed global cues.
Key Corporate Updates
Positive
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STATE BANK OF INDIA: Successfully raised ₹60.51 billion via Tier‑II bonds at a coupon of 7.05% as part of its FY capital raising plan, strengthening capital adequacy and supporting future credit growth.
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ASGARD ALCOBEV LTD: Secured exclusive distribution rights for Golden Eagle portfolio in North East India and Bhutan, while subsidiary CMJ Breweries entered manufacturing agreements with Brews & Bliss LLP for Golden Eagle beer brands, enhancing regional expansion and production capabilities.
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PERFIOS: Appointed Nitin Chugh as MD & Group CEO, indicating leadership strengthening and strategic direction for scaling fintech operations.
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CESC LTD: Issued four Letters of Award for wind‑solar hybrid projects to multiple renewable players, reinforcing its commitment toward clean energy capacity addition.
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CARE RATINGS LTD: Approved formation of a JV with Vestian Global Workplace Services for GCC enablement services with an initial investment of ₹225 million, marking diversification into high‑growth advisory services.
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SUPREME POWER EQUIPMENT LTD: Secured a significant order worth ₹1.14 billion, improving revenue visibility.
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MAFATLAL INDUSTRIES LTD: Received a ₹1.14 billion order, strengthening order book and near‑term business outlook.
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LOKESH MACHINES LTD: Won a ₹95 million defence‑related order from SSB for SMG supply, supporting defence segment growth.
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AGRO PHOS (INDIA) LTD: Entered into MoU with Rashtriya Chemicals and Fertilizers Ltd, potentially enhancing product distribution and collaboration opportunities.
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EXATO TECHNOLOGIES LTD: Received export orders worth ~$121,700 from Diligenta Limited, indicating growing international business traction.
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TROM INDUSTRIES LTD: Awarded ₹14.1 million order for solar rooftop installations across 17 government schools, supporting renewable execution pipeline.
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TATA STEEL LTD: Approved amalgamation of Neelachal Ispat Nigam, investment of up to $2 billion in T Steel Holdings, and minor healthcare investment, reflecting long‑term strategic consolidation and capital allocation.
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SHREE CEMENT LTD: Declared preferred bidder for a large limestone block, ensuring long‑term raw material security.
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PAISALO DIGITAL LTD: Closed maiden ECB issuance of $15 million, diversifying funding sources and improving liquidity profile.
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STRIDES PHARMA SCIENCE LTD: Entered agreement to acquire and in‑license generic brands from Sandoz in Africa for $12 million, strengthening international portfolio expansion.
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AFCONS INFRASTRUCTURE LTD: Received arbitral award of ₹33.5 million, improving cash flow through claim realization.
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VARUN BEVERAGES LTD: Announced acquisition of 100% stake in Crickley Dairy for ₹1.31 billion, expanding product portfolio beyond core beverages.
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AXIS SOLUTIONS LTD: Secured ₹42.5 million order, supporting steady business growth.
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WIPRO LTD: Partnered with Harness to accelerate AI‑native software delivery, strengthening positioning in enterprise AI solutions.
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SHREE RENUKA SUGARS LTD: Appointed new CEO effective March 23, 2026, ensuring leadership continuity.
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HEXAWARE TECHNOLOGIES: Launched AgentVerse AI platform with 600+ agents, enhancing digital and AI capabilities.
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YAAP DIGITAL LTD: Announced acquisition of Gozoop Online, expanding digital marketing ecosystem.
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CEIGALL INDIA LTD: Emerged L1 bidder and secured orders totaling over ₹2 billion, significantly boosting execution pipeline.
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PRAKASH WOOLLEN & SYNTHETIC MILLS LTD: Received ₹38.5 million subsidy for expansion, supporting capacity growth.
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GNG ELECTRONICS LTD: Entered ₹750 million agreement with Kotak Mahindra Bank, strengthening financial backing.
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A B INFRABUILD LTD: Received ₹486.8 million order for infrastructure project, improving order visibility.
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SUBEX LTD: Won €2.7 million international telecom contract, enhancing global footprint.
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INDIA GLYCOLS LTD: Declared interim dividend of ₹7.5 per share, reflecting healthy cash flows.
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DIGILOGIC SYSTEMS LTD: Secured new orders aggregating to ₹71.5 million, strengthening its order book and providing near‑term revenue visibility, reflecting continued demand for its technology solutions and execution capabilities.
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MAGELLANIC CLOUD LTD: Received an order valued at ₹15.5 million, supporting incremental business growth and reinforcing its presence in the digital and cloud services segment.
Negative
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J K CEMENT LTD: Received notice from the Legal Metrology Department, Jammu & Kashmir, directing it to halt packaging of cement products along with their weight, creating regulatory and operational overhang.
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ANAND RATHI SHARE AND STOCK BROKERS LTD: Reported an FIR registered in Pune on March 16, 2026, investigations underway, corrective actions being implemented, and off‑market transfer of shares amounting to ₹130 million, which is clearly governance‑negative.
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R & B DENIMS LTD: Faced a penalty of ₹4.4 million over an ITC issue.
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PVV INFRA LTD: Cancelled the March 27, 2026 record date for the proposed stock split, which may disappoint near‑term market expectations.
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KIRLOSKAR FERROUS INDUSTRIES LTD: Reported partial disruption of operations at its Solapur plant effective March 17, 2026, though management is exploring alternate supply sources to minimise impact.
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SWAN DEFENCE AND HEAVY INDUSTRIES: Announced OFS of up to 5.01% stake by promoter Hazel Infra at a floor price of ₹1,900 per share to meet minimum public shareholding norms, implying equity overhang.
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DR REDDY’S LABORATORIES LTD: Received a tax penalty of ₹21.9 million for FY2019‑20.
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TAMILNADU PETROPRODUCTS LTD: Shut down its HCD plant due to the Middle East geopolitical situation and declared force majeure, with impact not yet quantified.
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AUROBINDO PHARMA LTD: Said the U.S. FDA classified Eugia Pharma Unit‑II as Official Action Indicated and issued Form 483 with nine observations, a significant compliance overhang.
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MANGALAM DRUGS AND ORGANICS LTD: Defaulted on loan obligations to Bank of Baroda and Bank of Maharashtra, indicating financial stress.
Neutral / Others
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APTUS PHARMA LTD: To consider issuance of bonus equity shares, signaling confidence in financial position and rewarding shareholders.
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EASTERN SILK INDUSTRIES LTD: Set OFS floor price at ₹63 per share for 250,000 shares, with the issue scheduled for March 18‑19, 2026; this is mainly a liquidity and ownership event.
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GCONNECT LOGITECH AND SUPPLY CHAIN LTD: Will consider preferential share issuance, implying potential dilution but also possible fundraise for growth.
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NATIONAL OXYGEN LTD: Board will consider preferential issue of up to 850,000 equity shares.
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GLOBAL DEFENCE INDUSTRIES LTD: Board to consider fund raising.
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FITCH / CAPRI GLOBAL: Fitch published a ‘BB‑’ rating with stable outlook for Capri Global, which is broadly credit‑neutral to mildly supportive.
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LOTUS EYE HOSPITAL AND INSTITUTE LTD: Decided not to proceed with voluntary delisting from NSE, removing a delisting event but not changing core fundamentals.
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ITL INDUSTRIES LTD: Approved disinvestment of its entire stake in non‑material subsidiary M.M. Metals, which is a portfolio‑rationalisation step.
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DEV ACCELERATOR LTD: Board will consider fund raising via equity or other securities on March 24, 2026.
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MIDLAND POLYMERS LTD: Board will consider fundraising proposal via securities on March 24, 2026.
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TECH MAHINDRA LTD: Will acquire Midad’s stake in Tech Mahindra Arabia for about ₹2.06 billion through a share sale and purchase agreement; strategically relevant but financially neutral in the near term.
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SOBHAYGYA MERCANTILE LTD: Board to consider fundraising via preferential issue of equity shares.
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DEE DEVELOPMENT ENGINEERS LTD: Said ongoing geopolitical developments and government directives are expected to have limited impact for the current period; disclosure is cautionary but not immediately adverse.
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URBAN COMPANY / BULK DEALS: SBI Mutual Fund bought 35.1 million shares in Urban Company via bulk deal, while ABG Capital and DF International Partners II sold 17.4 million and 17.7 million shares respectively, indicating ownership rotation in the unlisted/newly listed consumer services name.
Non‑Corporate, Unlisted & Foreign / Macro
1) INDIA 10‑YEAR BOND: Benchmark 10‑year government bond yield ended slightly higher at 6.7143% versus previous close of 6.7059%, reflecting mild pressure on sovereign yields.
2) STATE DEVELOPMENT LOANS / RBI: Twenty‑one states raised ₹575.25 billion, below the targeted ₹584.2 billion, while multiple cut‑offs were announced across state securities, indicating mixed demand but broadly orderly sub‑sovereign borrowing conditions.
3) INDIA LPG / IRAN SHIPPING: Government commentary indicated domestic LPG production has increased, while India continues talks with Iran regarding ships stranded in the Strait of Hormuz, with no discussion on exchange of three vessels; these remain important non‑corporate macro‑logistics watchpoints.
4) ODISHA INVESTMENTS: State approved ₹45 billion investments with expected 10,000+ job creation, supportive for industrial growth.
5) VINFAST AUTO: Announced its “Trade Gas for Electric” programme in India, Indonesia, the Philippines, and Vietnam, and extended free EV charging in India, the Philippines, and Indonesia until March 31, 2029, reinforcing customer acquisition efforts in key Asian growth markets. Reuters has separately reported VinFast is doubling down on India, Indonesia, and the Philippines as core expansion markets in 2026.
6) MAERSK: Announced a change in emergency contingency surcharge for Indian Subcontinent & Pakistan to West Africa routes, effective from price calculation date April 1, 2026, which may affect freight economics for exporters/importers on that lane.
7) SAI PARENTERALS LTD: Set IPO price band at ₹372‑392 per share, an important primary market development in healthcare.
8) CCI APPROVAL / BABY MEMORIAL HOSPITAL: India’s competition regulator approved acquisition of shareholding in Baby Memorial Hospital by Bentley Asia Holdings II.
9) FRAGRANCE MAKERS INVESTIGATION: India’s antitrust body is probing Givaudan, Firmenich, and International Flavors & Fragrances over alleged anti‑poaching and labour‑related coordination, according to documents, marking a notable regulatory development involving foreign players.
Bulk & Block Deals
Urban Company
SBI Mutual Fund increased its stake to 3.98% by acquiring ~5.7 crore shares at ~₹109.8/share, taking total investment to ₹632.2 crore, up from 1.89% in Dec 2025. Meanwhile, ABG Capital, DF International Partners II, and Wellington exited/trimmed stakes aggregating over 4.6%, indicating significant ownership reshuffle with institutional buying absorbing multiple investor exits.
Filatex Fashions
Promoter Prabhat Sethia sold 6.03 crore shares (0.72% stake) at ₹0.17/share for ₹1.02 crore. Cumulatively, the promoter has offloaded 2.29% stake during the month, indicating continued stake dilution at low price levels, which may weigh on investor sentiment despite relatively small absolute transaction value.
IPO Listings
SME Listing
Apsis Aerocom
On‑going IPO
Last Date 18‑Mar
GSP Crop Science Ltd
Last Date 20‑Mar
Novus Loyalty Ltd (BSE SME)
Upcoming IPO
20‑Mar to 22‑Mar
Central Mine Planning & Design Institute Ltd
23‑Mar to 25‑Mar
Tipco Engineering India Ltd (BSE SME)
Securities Trading Ex‑Dividend on March 18, 2026
Banco Products (India) Ltd, Mishra Dhatu Nigam Ltd
Securities Trading Ex‑Interest Payment on March 18, 2026
759GS2029 (Government Securities), 788GS2030 (Government Securities)
Securities Under F&O Ban on March 18, 2026
SAMMAANCAP, SAIL
Source: WOWNEWS24X7, Moneycontrol, Investing.com
