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Stocks to watch on March 21: TVS Motors, Wipro, Crompton Greaves and more

Stocks to watch on March 21: Wipro is a stock to look out for as well as the IT services major appointed Anne-Marie (Annie) Rowland as CEO of Capco.

Published on: Mar 21, 2024, 08:41:04 IST
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Stocks to watch on March 21: Torrent Power will be a stock to watch out for today (March 21) as the company finalized a share purchase agreement with Solapur Transmission, acquiring a 100% stake, in a move which is will result in setting up a transmission system facilitating efficient evacuation of power from renewable energy projects in Maharashtra.

Stocks to watch on March 21: People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. (Reuters)
Stocks to watch on March 21: People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. (Reuters)

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Another stock in focus today is TVS Motor after the company greenlit issuance of cumulative non-convertible redeemable preference shares, totaling up to 1,900 crore via bonus.

Wipro is a stock to look out for as well as the IT services major appointed Anne-Marie (Annie) Rowland as the Chief Executive Officer (CEO) of Capco.

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Meanwhile, watch out for Crompton Greaves as well as it secured its fourth consecutive order from HAREDA, Haryana, under the PM-KUSUM scheme. The order is valued at over 9 crore and will result in supply, installation and commissioning of various solar photovoltaic water pumping systems.

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Prince Pipes and Fittings inked a deal with Klaus Waren Fixtures and NM Shah, and acquired ‘Aquel’ brand and other assets worth 55 crore with the aim to set up an in-house manufacturing facility.

Aeroflex Industries completed the first phase of its expansion, increasing its installed capacity to 13.5 million meters per annum while Wockhardt initiated a Qualified Institutional Placement (QIP) to raise funds, setting the floor price at 544.02 per share. Watch out for these stocks as well.

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