Stocks to watch: IRCTC, BHEL, Punjab National Bank, HFCL, Wonderla Holidays
Here is the list of top stocks that could be in focus on March 18
Dropping for the fourth straight session, equity benchmark Sensex tumbled 562.34 points on Wednesday following losses in index majors Reliance Industries, HDFC Bank and ICICI Bank amid a weak trend in global markets ahead of the US Federal Reserve’s policy outcome. After a volatile session, the 30-share BSE index tanked 562.34 points or 1.12 per cent to close at 49,801.62. The broader NSE Nifty slumped 189.15 points or 1.27 per cent to 14,721.30. Here is the list of top stocks that could be in focus on March 18.
IRCTC: IRCTC said that there has been no major impact of terminating of mobile catering contracts in this FY 2020-21 and the impact, if any, will be reassessed on the resumption of regular train services and subject to outcome of the ongoing litigation.
BHEL: Bharat Heavy Electricals (Bhel) has emerged as the lowest bidder (~Rs.10,800 Crore) for the fleet mode tender floated by Nuclear Power Corporation of India (NPCIL) for the 6×700 MW Turbine Island Package Projects.
PNB: Punjab National Bank (PNB) informed that a wholly-owned subsidiary of the bank namely PNB Cards & Services has been incorporated on 16 March 2021 by the Registrar of Companies, Delhi to undertake the non-financial support services related to the credit card business of the bank.
HFCL: HFCL has bagged an order worth Rs.221.16 crore from Uttar Pradesh Metro Rail Corporation., for design, manufacture, supply, installation, testing and commissioning of telecommunication systems for Kanpur Metro and Agra Metro Project.
Wonderla Holidays: The company has announced its decision to temporarily suspend the services of its food takeaway and home delivery initiative ‘Wonder Kitchen’.
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