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Stocks in news: Tata Steel, Kaynes Tech, GAIL, Somany Ceramics, TVS Motor
Indian markets continued their downward trend on Thursday. Several companies saw significant news. BofA Securities invested in Kaynes Technologies. GAIL assured uninterrupted gas supply to Bengaluru. South Indian Bank launched EPF payment services. DCM Shriram approved renewable energy investment. TVS Motor launched a new electric scooter. Tata Steel moved court over a GST demand.
DCM Shriram okays ₹217-cr investment in Gujarat's Bharuch renewable power project
The investment will enable the company to obtain around 48 MW of additional renewable power supply for the Bharuch plant, including about 30 MW of round-the-clock power at a 75% capacity utilisation factor. Shares of DCM Shriram Ltd ended at ₹1,018, up by ₹28, or 2.83%, on the BSE today, March 12.
Stock to buy: Jefferies lists 10 reasons to buy its top CRDMO pick Sai Life Sciences
Jefferies has initiated coverage on Sai Life Sciences with a 'Buy' rating and a Rs 1,300 target price, citing its integrated 'follow-the-molecule' model and strong growth outlook. The brokerage highlighted the company's healthy pipeline, global presence, and clean balance sheet as key investment drivers, projecting significant upside potential.
Authum Investment & Infrastructure Ltd leads gainers in 'A' group
Redington Ltd, Rashtriya Chemicals & Fertilizers Ltd, Tejas Networks Ltd and Capri Global Capital Ltd are among the other gainers in the BSE's 'A' group today, 10 March 2026.
Solar Defence announces Rs 12,800 crore investment in robotics, drone and deep tech projects
Solar Defence and Aerospace Limited will invest over Rs. 12,800 crore in manufacturing robots, drones, and missiles. The company plans to produce 10,000 drones and 1,000 robots annually. This investment will span the next three to four years. The facility will be India's first AI-Powered Industry 5.0 manufacturing ecosystem. Advanced AI-Powered UAVs, including MALE drones, will be a key focus.
GAIL to invest Rs 1,736 crore in wind power project in Maharashtra
State-run GAIL (India) Ltd has approved an investment of Rs 1,736.25 crore to set up a 178.2 MW wind power project in Maharashtra, expanding its renewable portfolio as it targets net zero carbon emissions by 2035. The project will add to its existing wind and solar capacity. GAIL aims to raise renewable capacity to 3.4 GW by 2035 and is also investing in green hydrogen and compressed biogas.
Looking to take success from India to other emerging markets: Acerpure
Acerpure, a consumer electronics brand, is set to expand its presence in emerging markets like the Philippines, Vietnam, Thailand, and Indonesia. The company aims to double its sales and investment in India this year. Acerpure is also focusing on launching products tailored for the Indian market, emphasizing 'made in India' initiatives.
Temasek, ADIA said to plan investing in Clean Max’s India IPO
Temasek Holdings Pte and Abu Dhabi Investment Authority plan to invest in Clean Max Enviro Energy Solutions Ltd.'s IPO, alongside HDFC Asset Management Co. Ltd and SBI Life Insurance Co.
Modi government provided tremendous support and policies that encourage investment in India: Micron Tech CEO Sanjay Mehrotra
Micron Technology is investing USD 2.75 billion in Gujarat for a new semiconductor facility. This pioneering project will handle assembly and testing of advanced memory wafers. The facility's clean room is as large as 10 cricket fields. This initiative strengthens US-India technology ties and boosts India's manufacturing capabilities. The grand opening is coming up soon.
UPL looks to combine global and local crop protection business as part of second major reorganisation
UPL Limited is embarking on an ambitious journey to merge its global and regional crop protection divisions. This strategic initiative is designed to enhance efficiency and streamline operations within the company. Key players, including the Abu Dhabi Investment Authority and TPG, are backing this evolution.
Stocks to watch for Feb 20: Waaree Energies, UPL, Texmaco and more
From Waaree Energies planning investment over ₹8,000 crore to ABB India reporting December quarter result, these are some of the stocks to watch out ahead of Friday's trading session.