KKN Gurugram Desk | The BSE Sensex and Nifty 50 are currently over 14% below their all-time highs. On September 27 last year, the Sensex reached an intraday high of 85,978.25, while the Nifty 50 climbed to 26,277.35. However, the market has seen significant volatility since then.

On February 25, the BSE Sensex closed 147.71 points higher (0.20%) at 74,602.12, while the Nifty 50 slipped 5.80 points (0.03%) to close at 22,547.55. The market correction in recent sessions might pause today due to positive global cues. Additionally, today marks the monthly expiry of several Nifty indices, which could lead to increased volatility.

As the market opens today, several stocks are expected to be in focus due to corporate actions, earnings reports, and other significant developments. Here’s a detailed look at the key stocks to watch today.

Top Stocks to Watch Today

1. SpiceJet (SPICEJET)

SpiceJet has reported a turnaround in its financials. The airline posted a profit of ₹20.4 crore in the December quarter, a significant improvement from a consolidated loss of ₹298.6 crore in the same period last year. However, its revenue dropped by 35% to ₹1,237 crore. Investors will be keen to see if the company can sustain this positive trend.

2. Bharti Airtel (BHARTIARTL)

Bharti Airtel is in discussions with the Tata Group regarding the merger of Tata Play’s direct-to-home (DTH) business with Bharti Telemedia, Airtel’s DTH arm. The deal, if finalized, could have a major impact on the Indian telecom and media industry.

3. KPI Green Energy (KPIGREEN)

KPI Green Energy has signed an MoU with the Madhya Pradesh Renewable Energy Department to develop solar, wind, hybrid, battery energy storage systems (BESS), and biomass projects in the state. This development aligns with India’s push for renewable energy expansion.

4. Tata Power (TATAPOWER)

Tata Power has signed an MoU with the Assam government to invest ₹30,000 crore over the next five years. The funds will be used to set up 5,000 MW of renewable energy projects, including solar, wind, hydro, and energy storage solutions. This major investment makes Tata Power one of the key stocks to watch today.

5. Adani Green Energy (ADANIGREEN)

Adani Green Energy’s subsidiary, Adani Solar Urja, has received a Letter of Award (LoA) from Uttar Pradesh Power Corporation Limited (UPPCL). The contract allows Adani to provide 1,250 MW of energy storage capacity through pumped hydro storage projects for the next 40 years. This news could impact Adani Green Energy’s stock movement.

6. Coforge (COFORGE)

Coforge’s board will meet on March 4 to decide on a stock split. If approved, this could lead to increased liquidity and attract more retail investors. Investors are closely watching this development.

7. UltraTech Cement (ULTRACEMCO)

UltraTech Cement has finalized March 1, 2025, as the merger date for Kerosem Industries. Shareholders will receive one UltraTech share for every 52 shares of Kerosem Industries. Additionally, UltraTech plans to invest ₹1,800 crore to set up a wires and cables plant in Gujarat’s Bharuch district, which is expected to be operational by December 2026.

8. Dr. Reddy’s Laboratories (DRREDDY)

Dr. Reddy’s Laboratories has received an Establishment Inspection Report (EIR) from the US FDA for its API manufacturing facility in Hyderabad (CTO-2). The facility was inspected between November 13 and November 19, 2024. The US FDA classified the inspection as Voluntary Action Indicated (VAI), meaning no immediate compliance actions are required.

9. Emcure Pharmaceuticals (EMCURE)

The US FDA conducted an inspection at Emcure Pharmaceuticals’ Pune facility from February 10 to February 25. The company received two observations under Form 483, indicating areas that need improvement. This could impact the stock’s performance today.

10. Caplin Point Laboratories (CAPLIPOINT)

Caplin Point Laboratories’ subsidiary Caplin Steriles has received ANDA (Abbreviated New Drug Application) approval from the US FDA for Brimonidine Tartrate and Timolol Maleate Ophthalmic Solution. This drug is used to reduce intraocular pressure (IOP) in glaucoma patients.

11. TV Today Network (TVTODAY)

TV Today Network has signed an MoU to sell its FM radio broadcasting business for ₹20 crore. The deal includes three FM radio stations in Mumbai, Delhi, and Kolkata under the 104.8 FM frequency. The transaction is expected to be completed by January 2026.

12. Bharat Electronics (BEL)

Bharat Electronics has scheduled a board meeting on March 5 to discuss an interim dividend payout. Investors should watch for announcements on dividend distribution.

13. Varun Beverages (VBL)

Varun Beverages has postponed the acquisition of SBC Beverages Ghana from February 28 to March 31. The company had earlier signed a share purchase agreement worth ₹127.1 crore on November 12, 2024.

14. Geojit Financial Services (GEOJITFSL)

Geojit Financial Services will transfer its securities broking, margin financing, depository participant services, and research business to its subsidiary Geojit Investments on March 21.

15. Vakrangee (VAKRANGEE)

Vakrangee has partnered with Aditya Birla Health Insurance to expand its health insurance offerings through its Vakrangee center network.

Other Key Developments

Bulk Deals

• TeamLease Services – Goldman Sachs Funds sold 89,314 shares at an average price of ₹1,960 per share.
• Generic Engineering Construction – Divam Sharma purchased 2,90,053 shares at ₹27.86 per share, while Unlisted Assets Private Limited sold 2,88,029 shares at the same price.

Earnings Results Today

• KSB
• Sanofi India
• Schaeffler India

Ex-Date for Rights Issue

• Shri Niwas Leasing & Finance

Stocks in F&O Ban

• Manappuram Finance remains in the F&O ban list today.
• Chambal Fertilizers & Chemicals has exited the list.

Market Outlook

With positive global cues, the market might stabilize today after recent declines. Key factors to watch include Nifty’s monthly expiry, corporate actions, and bulk deals. Investors should track the stocks mentioned above as they could see significant price movements.

Stay tuned for more updates on the Indian stock market trends and expert analysis.