Stocks To Watch: HUL, BSE, Ramky Infrastructure, Gujarat Gas In Focus On March 5

Several companies have announced material updates that may impact trading activity on March 5, based on exchange filings.

Hindustan Unilever Completes ₹307 Crore Stake Sale

Hindustan Unilever Limited (HUL) has completed the sale of its entire 19.8% shareholding in Nutritionalab for ₹307 crore, according to its filing. The company had earlier informed exchanges on February 12 about the proposed divestment.

Ramky Infrastructure Secures ₹1,401.84 Crore EPC Order

Ramky Infrastructure Limited has entered into an agreement with Maharashtra Industrial Township Limited for engineering, procurement and construction works in the Dighi Port Industrial Area Phase 1 under the Delhi-Mumbai Industrial Corridor, the company said in its filing. The total contract value is ₹1,401.84 crore, and the project is to be completed within 930 days from the appointed date.

BSE Gets SEBI Nod For Sensex Next 30 Derivatives

BSE Limited has received approval from the Securities and Exchange Board of India to launch derivative contracts on the BSE Sensex Next 30 index, as per its disclosure. The index comprises the next largest and most liquid companies within the BSE 100 that are part of the derivatives segment but are not included in the BSE Sensex 30.

Gujarat Gas Issues Force Majeure Notices

Gujarat Gas Limited said it has issued force majeure notices to its industrial customers, effective March 6, citing constrained availability of regasified liquefied natural gas due to the ongoing conflict in the Middle East. The company stated that acts of war are not covered under its insurance policy and that the financial impact cannot be estimated at this stage.

Other Key Updates

• Bharat Forge Limited’s board has approved raising up to ₹800 crore through an unsecured rupee term loan, according to its filing.
• Polycab India Limited has received a tax demand order of ₹327.5 crore from the Deputy Commissioner of Income Tax, Mumbai, for Assessment Year 2024–25 relating to Financial Year 2023–24.
• Sundram Fasteners Limited saw HDFC Mutual Fund sell 20.5 lakh shares at ₹831.97 per share and 22.48 lakh shares at ₹832.36 per share, representing 2.04% of paid-up equity and valued at ₹357.66 crore, as per bulk deal data.

These disclosures, made through stock exchange filings, will guide investor attention during the trading session on March 5.