Stocks to watch: Heranba Industries, NBCC, Wipro, Unichem Labs, Bajaj Auto, RailTel

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Here is the list of top stocks that could be in focus on March 5.

Heranba Industries: Shares of agrochemical company Heranba Industries will get listed today.

Wipro: The company has signed an agreement to acquire Capco, a global management and technology consultancy providing digital, consulting and technology services to financial institutions in the Americas, Europe and the Asia Pacific. This acquisition will make Wipro one of the largest end-to-end global consulting, technology and transformation service providers to the banking and financial services industry.

NBCC (India): The company has executed Memorandum of Understanding (MoU) with Rashtriya Ispat Nigam (RINL) for redevelopment and monetization of 22.19 acres of Land Parcels at Maddilapalem, Visakhapatnam on February 26, 2021 on self sustainable model. The company shall be paid Project Management Consultancy (PMC) fee 7% of the estimated/approved project cost or actual project cost (whichever is lower).

Unichem Laboratories: Unichem Laboratories has received ANDA approval for its Guanfacine Tablets, USP 1 mg and 2 mg from the United States Food and Drug Administration (USFDA) to market a generic version of TENEX (Guanfacine) Tablets 1 mg and 2 mg of Promius Pharma LLC.Guanfacine Tablets are indicated in the management of hypertension. The product will be commercialized from Unichem’s Ghaziabad Plant.

RailTel: RailTel Corporation of India has received an advance purchase order amounting to Rs 25.46 crore per annum (plus GST) from Bharat Sanchar Nigam (BSNL) for commissioning of the Point-to-Point Links. The advance purchase order issued for the said work will be valid for a period of one year and further extendable by two years.

Hind Rectifiers: The firm has secured order of Rs 72.02 crore (including an order of Rs. 38.67 crore from Chittaranjan Locomotive works) in the month of February, 2021. The company has further secured order of Rs 39.25 crore in the month of March 2021.

Bajaj Auto: The auto major has launched 115 cc bike Platina 110 in the country priced at Rs 65,920 (ex-showroom). The bike comes with ABS (anti-lock braking system) and other features like Nitrox spring-on-spring suspension as well as tubeless tyres. The new Platina 110 ABS offers unmatched safety by offering riders complete control over unforeseen braking scenarios.

Isgec Heavy Engineering: The company has received yet another order for Waste Heat Recovery Boilers from the Cement industry and this time the capacity of the boilers will make them the largest in the world. The order has been received from Shree Cement, one of the largest cement manufacturing companies in India. These Boilers are to be set up at their Raipur unit and will be of 2 types, a PH Boiler to be installed at the pre-heater exhaust, and an AQC Boiler to be installed at the cooler exhaust from the 10500 TPD kiln.