Tata Consultancy Services, NTPC, Shanthi Gears and Others Among Stocks Expected to be Active on 20 March

Stock Market Update: Key Developments and Deal Wins

Shree Ram Twistex reported a significant increase in Q3 earnings, with profit rising 70.2% to Rs 3.7 crore compared to Rs 2.2 crore in the same period last year. Revenue also soared 75.2% to Rs 92.9 crore from Rs 53 crore.
Other companies' quarterly earnings are expected to be released in the coming days.

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Tata Consultancy Services (TCS) has signed a Memorandum of Understanding (MoU) with ABB to strengthen their strategic collaboration across IT infrastructure and applications, digital and industrial AI initiatives, data centres, and emerging technologies.
IndiQube Spaces has secured a significant workspace leasing agreement with a leading GCC client in Pune, worth Rs 54 crore over a five-year tenure.
NTPC has signed an MoU with Octopus Energy Group to explore strategic collaboration across the power and energy sector.
Samvardhana Motherson International has approved the execution of a Joint Venture Agreement with Hellmann Worldwide Logistics to provide supply chain solutions to the automotive industry.
JSW Cement has successfully commissioned its greenfield integrated cement plant in Nagaur, Rajasthan, with a cement grinding capacity of 2.5 MTPA and clinkerisation capacity of 3.3 MTPA.

Ranjan Kumar Pati has stepped down as Chief Financial Officer (and KMP) of Shanthi Gears, effective March 19.
Archean Chemical Industries has approved the merger of Idealis Chemicals with Idealis Mudchemie.
Tata Elxsi has launched the Terumo–Tata Elxsi Offshore Development Center for Terumo Corporation.
Nestle India has added a new Munch production line at its Sanand factory in Gujarat, with an investment of Rs 225 crore.

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Wipro has launched a new hub at Gujarat International Finance Tec-City (GIFT City), Gandhinagar, to deliver advanced technology services to global BFSI clients.
Reliance Industries' subsidiary Reliance Jio added a net 24.37 lakh mobile subscribers in January 2026, compared to an addition of 29.6 lakh subscribers in December 2025.
Bharti Airtel added a net 44.06 lakh mobile users in January 2026, compared to an addition of 54.28 lakh users in December 2025.
Vodafone Idea reported a net loss of 4.11 lakh mobile users in January 2026, compared to a loss of 9.40 lakh subscribers in December 2025.

Craft Emerging Market Fund PCC acquired 12.5 lakh shares of Rajputana Stainless for Rs 15.25 crore, while its Elite Capital Fund bought 9 lakh shares for Rs 10.98 crore.

Investor Takeaway