Stocks to Watch: Shree Cement, Varun Beverages, Swan Defence, Strides Pharma, Tech Mahindra, Wipro, Ceigall, Aurobindo Pharma in Focus on March 18

Stock Market Update

Gaudium IVF and Women Health, Dharti Proteins, and Milestone Furniture will release their quarterly earnings today.
Clean Max Enviro Energy Solutions reported a 9.4% growth in Q3 (Consolidated QoQ) profit to Rs 27.6 crore compared to Rs 25.3 crore. However, revenue fell 20.4% to Rs 422.5 crore from Rs 530.6 crore.

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Shree Cement has been declared the preferred bidder for the Dommarnandyala-1 limestone block in YSR Kadapa district, Andhra Pradesh, spanning an area of 373 hectares.
Varun Beverages' subsidiary, The Beverage Company Proprietary, has executed an agreement to acquire a 100% equity stake in Crickley Dairy Proprietary, South Africa, for Rs 131.4 crore.
Swan Defence and Heavy Industries' promoter, Hazel Infra, will sell up to 26.38 lakh equity shares (5.01% stake) via an offer-for-sale on March 18–19 with a floor price of Rs 1,900 per share.
Strides Pharma Science has entered into definitive agreements with Sandoz AG for the acquisition and in-licensing of a portfolio of branded generic products across sub-Saharan Africa.
CESC has issued four Letters of Award to set up wind-solar hybrid power projects.
Mafatlal Industries has secured a five-year order worth Rs 114 crore for setting up 500 robotic laboratories in Odisha.

Tech Mahindra has executed a Share Sale and Purchase Agreement with Midad Company to acquire Midad's 20% equity stake in Tech Mahindra Arabia, a subsidiary of the company, for Rs 206.2 crore.
Hexaware Technologies has launched Agentverse, an enterprise AI agent platform featuring 600+ ready-to-deploy AI agents.
Wipro has announced a collaboration with Harness to help global enterprises accelerate AI-native software delivery.

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Aurobindo Pharma's Unit-II has been classified as Official Action Indicated (OAI) by the US FDA following an inspection.
Tata Steel has approved the merger of Neelachal Ispat Nigam with the company and will invest up to $2 billion in its foreign subsidiary, T Steel Holdings.
India Glycols has declared an interim dividend of Rs 7.5 per share for FY2025–26.
JK Cement's subsidiary, JK Cement Saifco, has received a notice from the Office of the Deputy Controller, Legal Metrology Department citing non-compliance with packaging regulations.
Kirloskar Ferrous Industries has temporarily affected manufacturing operations at one of its high-pressure moulding lines due to a supply chain crisis.

Investor Takeaway