Stocks to Watch on March 26, 2025: ONGC, HCL Tech, Maruti Suzuki, BHEL, Federal Bank & More

On March 26, 2025, notable stocks to watch include ONGC, which is investing ₹3,300 crore in ONGC Green to acquire Ayana Renewable Power. HCL Tech launched HCLTech Insight, an AI-powered solution for advanced data insights for manufacturers. Maruti Suzuki is under scrutiny with a ₹2,966 crore tax demand for FY22 from the Income Tax Department. Federal Bank approved increasing its stake in Ageas Federal Life Insurance to 30%. BHEL extended its technology partnership with Vogt Power for heat recovery steam generators.

NTPC Green Energy announced the commercial operation of the third phase (100 MW) of its Bhainsara solar project. DLF acquired a 49.997% stake in DLF Urban for ₹496.73 crore, while Siemens India is spinning off its energy business into Siemens Energy India. TVS Motor’s subsidiary in Singapore is acquiring an 8.26% stake in GO Corporation for CHF 500,000. Waaree Energies is set to inaugurate a 5.4 GW solar cell manufacturing plant in Gujarat. Additionally, Indian Railway Finance Corporation, NCC, and Jindal Stainless are under scrutiny due to various business developments. The stock market showed mild gains on March 25, with the BSE Sensex rising by 32.81 points and Nifty50 adding 10.30 points.

Stocks to Watch on March 26, 2025: ONGC, HCL Tech, Maruti Suzuki, BHEL, Federal Bank & More

Stock movements and corporate updates to watch today:

ONGC: The state-run Oil and Natural Gas Corporation (ONGC) plans to invest ₹3,300 crore in its subsidiary, ONGC Green. This move supports a joint venture with NTPC Green Energy to acquire Ayana Renewable Power, signaling a strong push toward renewable energy.

HCL Tech: The IT giant introduced HCLTech Insight, a new AI-driven tool designed to help manufacturers analyze data efficiently. This solution aims to boost productivity and decision-making for industries relying on real-time analytics.

Maruti Suzuki: The carmaker is in the spotlight after the Income Tax Department slapped it with a ₹2,966 crore tax notice for the 2021–22 financial year. Investors are watching how this dispute might impact the company’s finances.

Federal Bank: The bank has approved increasing its stake in Ageas Federal Life Insurance from 26% to 30% by purchasing an additional 4% share. This strengthens its position in the insurance sector.

BHEL: Bharat Heavy Electricals Limited extended its collaboration with U.S.-based Vogt Power to produce heat recovery steam generators—equipment that converts waste heat into energy. This partnership highlights BHEL’s focus on sustainable technologies.

NTPC Green Energy: The third phase (100 MW) of its 320 MW Bhainsara solar project in Rajasthan is now operational. This milestone boosts NTPC’s renewable energy capacity and supports India’s green energy goals.

DLF: DLF Home Developers acquired a 49.997% stake in DLF Urban, a subsidiary, for ₹496.73 crore. This internal restructuring aims to streamline operations in the real estate sector.

Siemens India: The National Company Law Tribunal approved the spin-off of Siemens India’s energy division into a separate entity, Siemens Energy India. This split could sharpen the focus of both companies on their core businesses.

TVS Motor: The company’s Singapore-based subsidiary acquired an 8.26% stake in GO Corporation, a mobility solutions provider, for CHF 500,000 (approx. ₹3.7 crore). This signals TVS’s interest in expanding its global footprint.

Waaree Energies: The solar panel manufacturer will inaugurate a massive 5.4 GW solar cell manufacturing plant in Gujarat on March 29. This facility positions Waaree as a key player in India’s renewable energy infrastructure.

Other Noteworthy Updates:

• Indian Railway Finance Corporation (IRFC): Rumors of a merger with other railway entities have sparked investor interest.
• NCC: The construction firm is eyeing new highway projects, likely boosting its order book.
• Jindal Stainless: Plans to invest in expanding its steel production capacity are underway.

Market Snapshot:

On Tuesday, March 25, the stock market saw modest gains. The BSE Sensex inched up by 32.81 points to close at 78,017.19, while the Nifty50 rose 10.30 points to 23,668.65. Sectors like renewables, tech, and banking drove the uptick, though caution prevailed due to ongoing global economic uncertainties.

Why These Stocks Matter:

• Renewable Energy Push: ONGC, NTPC Green, and Waaree highlight India’s shift toward clean energy.
• Tech & Innovation: HCL Tech’s AI tool and Siemens’ restructuring reflect evolving industry trends.
• Regulatory & Financial Moves: Maruti’s tax dispute and Federal Bank’s stake purchase underscore the importance of regulatory and strategic decisions.

Investors should watch how these developments unfold, as they could influence short-term stock performance and long-term sector trends. Keep an eye on official announcements for further clarity, especially regarding Maruti’s tax case and IRFC’s merger talks.