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Stocks to Watch on March 18: The previous week’s equities markets were turbulent due to investors’ persistent caution over mid- and small-cap stocks. Due to many news events, the shares of Indian Hotels, RailTel, Dr. Lal PathLabs, Torrent Power, and Lupin will be the focus of today’s trading.

Adani Company: According to PTI, the company intends to allocate over Rs 1.2 lakh crore to its portfolio businesses in FY25, with a particular emphasis on green and renewable energy.

According to Bloomberg News on Friday, the US has expanded its probe into the Adani Group to include the founder’s actions as well as any potential bribes.

Hindustan Aeronautics: The business and the Ministry of Defense inked a Rs 2,890 crore deal for the mid-life modification of 25 Dornier aircraft and related gear for the Indian Navy.

Lupin: According to the business, the US FDA examined its Aurangabad production plant between March 6 and March 15, 2024. A Form 483 with a single observation was issued to mark the conclusion of the examination.

Torrent Power: A 300 MW hybrid wind and solar project with a price of Rs 3.65/kWh has been awarded to the company. The length of the deal will be 25 years.

Jindal Stainless: According to the firm, it provided stainless steel for Kolkata’s first underwater metro line. The project has a 4,965 crore rupee value.

LIC: Beginning on August 1, 2022, LIC intends to provide its workers with a 17% pay increase.

KPI Green: The company has been declared the winning bidder for the Maharashtra State Power Generation Co. (MAHAGENCO) 100 MWA solar power project.

Zydus Life: The 180-day competitive generic therapy exclusivity and final US FDA clearance for finasteride and tadalafil cap capsules, which are used to treat benign prostatic hyperplasia, have been granted.

Drone Acharya: The Indian Army’s drone lab in Jammu & Kashmir has been awarded a contract to deliver IT gear.

JSW Energy: A Letter of Awards (LoA) for an extra 500 MW of wind capacity under the greenshoe option for the Solar Energy Corp. (SECI) Wind Power Projects has been received by its affiliate, JSW Neo Energy.

RailTel: 482 crore rupees’ worth of orders have been secured.

Dr. Lal PathLabs: Shankha Banerjee has been named CEO of the firm, starting May 21.

IRCON: NHIDCL has granted it a letter of authorization for a Rs 630 crore building project.

SJVN: GUVNL has sent the business a letter of intent for a 200 MW solar project.