Stocks to Watch today: Infosys, Adani Enterprises, IndiGo, Waaree Energies

Stocks to Watch today: Infosys, Adani Enterprises, IndiGo, Waaree Energies



Stocks to Watch today, Wednesday, March 11, 2026: GIFT Nifty futures indicate a lacklustre start for benchmark Indian equity indices amidst mixed global cues on Wednesday. The futures were quoted at 24,337, trading 59 points lower from the previous close at 07:50 AM.

 


Asian markets traded mostly higher on Wednesday as investors evaluated developments in the ongoing Middle East conflict. Japan’s Nikkei 225 rose 1.36 per cent, South Korea’s Kospi advanced 2.52 per cent, and Australia’s S&P/ASX 200 gained 0.35 per cent.

 


Overnight in the United States, Wall Street’s major indexes ended on a mixed note. The broader S&P 500 slipped 0.21 per cent in choppy trading as oil prices eased and traders monitored the situation surrounding Iran. The Dow Jones Industrial Average edged down 0.07 per cent, while the tech-heavy Nasdaq Composite managed a modest gain of 0.01 per cent.

 


Meanwhile, here are some of the top stocks to watch during today’s session:

 


Infosys: The IT services major has informed exchanges about a new strategic collaboration with Incora to expand the use of artificial intelligence across the latter’s global supply chain operations. Under the multi-year alliance, Incora — a provider of supply chain solutions for the aerospace and defence industry — will work with Infosys to deploy AI-enabled capabilities supporting operations across more than 60 countries.

 

InterGlobe Aviation: IndiGo CEO Pieter Elbers has resigned with immediate effect, citing personal reasons. The airline said Rahul Bhatia, managing director of parent company InterGlobe Aviation, will assume interim charge following Elbers’ departure.

 


Adani Enterprises: The Gautam Adani-led company said its subsidiary Adani Road Transport has completed the acquisition of the remaining 49 per cent equity stake in D P Jain TOT Toll Roads, along with 100 per cent optionally convertible redeemable preference shares. Following the transaction, DPJ TOT has become a wholly owned subsidiary of Adani Road Transport.

 


TVS Supply Chain Solutions: The company has informed exchanges that it has strengthened the global supply chain operations of Caterpillar India Pvt Ltd by establishing a 40,000 sq. ft. warehouse at a Free Trade and Warehousing Zone (FTWZ) in Mannur, about 30 km from Chennai. The facility will support multi-country sourcing of components and streamline global parts procurement for Caterpillar’s manufacturing operations.

 


Clean Max Enviro Energy Solutions: The company executed a Share Purchase Agreement on March 10, 2026, with Clean Max Andes Private Limited and Web Werks India Private Limited.

 


HG Infra Engineering:  The company has secured an order worth ₹401.33 crore from Anuppur Thermal Energy (MP) Private Ltd for a railway infrastructure project in Madhya Pradesh. The contract includes civil works such as earthwork, bridges and station buildings, along with P-way works for developing railway infrastructure at the 2×800 MW thermal power project in Anuppur.

 


3i Infotech:  The company has received an order dated March 9, 2026, from an Indian engineering and industrial solutions firm specialising in power and industrial equipment. The mandate involves providing managed IT services across multiple locations.

 


Waaree Renewable Technologies: The company has signed a contract to execute engineering, procurement and construction (EPC) works for a ground-mounted solar PV plant with a capacity of 300 MWac / 420 MWp. The project is scheduled for completion during FY2027–28.

 


Hindustan Zinc: The company has signed a memorandum of understanding with CMR Green Technologies Ltd to establish a manufacturing facility at Zinc Park in Rajasthan. The plant will produce low-emission zinc alloys for sectors including automotive, infrastructure, die-casting and consumer goods, and is expected to enhance downstream zinc value addition while promoting sustainable metal processing.

 


Waaree Energies:  The company said its wholly owned subsidiary, Waaree Solar Americas Inc., has entered into a share subscription agreement with United Solar Holdings Inc. to subscribe to about 5.37 million Series B preferred shares for approximately $30 million. The company added that the transaction is not a related-party deal and that none of its promoters or group entities have any interest in it.

 


Bank of Baroda: The public sector lender has kept its one-year marginal cost of funds-based lending rate (MCLR) unchanged, effective March 12.

 


UCO Bank: The public sector lender has kept its one-year marginal cost of funds-based lending rate (MCLR) unchanged with effect from March 10.

 


Aditya Birla Capital: The company said it has invested ₹749.99 crore in equity shares of its wholly owned subsidiary, Aditya Birla Housing Finance, through a rights issue.

 


Brigade Enterprises: The company has announced its entry into the industrial real estate segment with the launch of Brigade Industrial Park, a 25-acre development located in Devanahalli in North Bengaluru.



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Nifty, Bank Nifty outlook; Aurobindo Pharma, ABB among top stock picks

Nifty, Bank Nifty outlook; Aurobindo Pharma, ABB among top stock picks



Nifty index opened with a gap up of nearly 250 points and remained confined within its first hour candle range for most of the session. With India VIX staying elevated, the index witnessed volatile swings on both sides through the day, though the overall bias remained slightly positive. The index struggled to sustain above the 24,300 zone but still managed to close the day with gains of around 230 points. On the daily chart, Nifty formed a doji candle with a longer lower shadow, indicating that buyers are active at lower levels. Notably, the index has recovered nearly 600 points over the last two sessions, reflecting a steady bounce from recent lows. Now it has to hold above 24,200 zones for a bounce towards 24,444 then 24,600 levels while a hold below the same could see some weakness towards 24,000 then 23,800 zones.

 
 


On option front, Maximum Call OI is at 25,000 then 24,500 strike while Maximum Put OI is at 24,000 then 23,500 strike. Call writing is seen at 25,000 then 24,300 strike while Put writing is seen at 24,200 then 24,000 strike. Option data suggests a broader trading range in between 23,800 to 24,800 zones while an immediate range between 24,000 to 24,500 levels.

 


Bank Nifty index opened gap up by more than 500 points and gradually extended the momentum towards 57,100 zones at latter part of the session. It formed a small bullish candle on daily scale as some buying interest is visible at lower zones. Rate sensitive Index also negated the formation of lower highs after few sessions but still hovering below its 200 DEMA as multiple hurdles are intact at higher levels. Now it has to hold above 56,750 zones for a bounce towards 57,250 then 57,500 levels while a hold below the same could see some weakness towards 56,500 then 56,250 zones.


Buy Aurobindo Pharma | CMP: ₹1,286 | Stop-loss: ₹1,240 | Target: ₹1,375


Stock has broken out from a consolidation zone with higher than average traded volumes and a strong bullish candle on the daily scale. The MACD indicator is rising which confirms the bullish momentum.  


Buy ABB India | CMP: ₹6,224 | Stop-loss: ₹6,040 | Target: ₹6,600


Stock has formed a bullish “Pole & Flag” pattern suggesting continuation of the uptrend. It is respecting its 20 DEMA support zones with slight dips being bought into. The ADX line is rising which confirms the strength of the uptrend.


Buy Bandhan Bank | CMP: ₹182 | Stop-loss: ₹177 | Target: ₹195


The Stock is retesting its breakout on the daily scale and taken support at its 20 DEMA zones. The RSI momentum indicator is rising which confirms the bullish momentum. 
(Disclaimer: This article is by Chandan Taparia, head derivatives & technicals, wealth management, Motilal Oswal Financial Services. Views expressed are his own.)



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Brigade forays into industrial real estate with launch of 25-acre Brigade Industrial Park

Brigade forays into industrial real estate with launch of 25-acre Brigade Industrial Park


Located at Devanahalli, North Bengaluru

Brigade Enterprises has announced its foray into industrial real estate, with the launch of Brigade Industrial Park, a 25-acre industrial development in Devanahalli, North Bengaluru. Located in the Hi-Tech, Defence & Aerospace Park (Phase I), close to the Kempegowda International Airport, Bengaluru, this new development will offer around 2 million square feet of leasable space and will cater to the high-growth industrial sectors of the region including Aerospace & Defence, IT/ITES, and Data Centres. Brigade Industrial Park will feature innovation-led infrastructure, flexible leasing and built-to-suit options, with a strong focus on efficiency, security, and scalability.

Brigade Industrial Park will integrate sustainable building practices with modern technologies to ensure long term sustainability and hassle-free operational viability. By prioritizing eco-friendly infrastructure with an energy-efficient design, Brigade will be setting a new standard for responsible industrialization.

 

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Disclaimer: No Business Standard Journalist was involved in creation of this content

First Published: Mar 10 2026 | 8:16 PM IST



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Brigade forays into industrial real estate with launch of 25-acre Brigade Industrial Park

Kirloskar Oil Engines announces change in directorate


With effect from 31 March 2026

Kirloskar Oil Engines (KOEL) today announced that Atul Kirloskar, the Chairman of the Board, will retire from his position, effective 31 March
2026 (close of working hours), on reaching the retirement age of 70 years.

As part of the succession planning process of the Company, the following transitions are planned. The Board of Directors has appointed Rahul Kirloskar, currently a Non Executive Director of the Company, as the Chairperson. The Board has also appointed Gauri Kirloskar, currently the Managing Director of the Company, as Vice Chairperson, along with her current responsibility as the Managing Director of the Company.

 

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Disclaimer: No Business Standard Journalist was involved in creation of this content

First Published: Mar 10 2026 | 8:16 PM IST



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Amfi to approach Sebi over discontinuation of solution schemes

Amfi to approach Sebi over discontinuation of solution schemes



The Association of Mutual Funds in India (Amfi) will make a representation to the Securities and Exchange Board of India (Sebi) regarding the regulator’s proposal to discontinue retirement and children’s mutual fund (MF) categories, Amfi Chief Executive Venkat Chalasani said on Monday.

 


The representation will highlight the concerns of investors and asset management companies arising from the sudden closure of the two scheme categories, which together manage over Rs 57,000 crore. These solution-oriented schemes currently comprise 41 funds and have more than 6.2 million folios.

 


Sebi, on February 26, had directed asset management companies (AMCs) to stop inflows into solution-oriented schemes — retirement funds and children’s funds — with immediate effect. However, the market regulator has subsequently allowed investments in these schemes until March 31, 2026, on Amfi’s request.

 
 


Sebi has proposed merging retirement and children’s funds with other schemes having a similar asset allocation and risk profile. The proposal is part of a broader plan to introduce a new category of life-cycle funds, which the regulator believes can cater to similar long-term investment goals.

 


“Sebi is of the opinion that the life-cycle fund will address both the retirement and the children’s fund categories. However, we have conveyed the industry concerns and highlighted that there could be certain challenges,” Chalasani said.



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Brigade forays into industrial real estate with launch of 25-acre Brigade Industrial Park

InterGlobe Aviation CEO resigns


With effect from 10 March 2026

The board of InterGlobe Aviation at its meeting held on 10 March 2026 has taken note of the resignation tendered by Pieter Elbers, Chief Executive Officer. He will be relieved from the service of the Company effective close of business hours on 10 March 2026.

Rahul Bhatia, Managing Director, shall in the interim assume management of the affairs of the Company.

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Disclaimer: No Business Standard Journalist was involved in creation of this content

First Published: Mar 10 2026 | 8:04 PM IST



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