Stocks To Watch On March 18: Urban Company, Tata Steel, Varun Beverages Are Key Stocks in Focus

Stocks such as Urban Company, Tata Steel, and Varun Beverages are expected to remain in focus on March 18, 2026.

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Market Setup And Previous Session

Indian equity benchmarks closed higher on March 17. The Sensex rose 567.99 points or 0.75% to settle at 76,070.84, while the Nifty gained 172.35 points or 0.74% to close at 23,581.15.

GIFT Nifty indicated a steady start for the next session, trading near the 23,648 mark, reflecting a premium of about 31 points over the previous close of Nifty futures.

Corporate Developments In Focus

Urban Company saw a stake exit by DF International Partners II LLC, which sold its entire holding in the company through a block deal on March 17, according to exchange disclosures.

Tata Steel approved the merger of NINL with the company and also cleared an investment of $2 billion in its wholly owned subsidiary, T Steel Holdings Pte, as per a regulatory filing.

Maruti Suzuki India received a draft assessment order of ₹5,786 crore from the Income Tax Authority and said it will file objections before the Dispute Resolution Panel, according to its filing.

Tech Mahindra stated that its subsidiary, Tech Mahindra London Limited, has signed an agreement with Midad Company Ltd to acquire a 20% stake in Tech Mahindra Arabia Ltd.

Deals, Partnerships And Regulatory Updates

Varun Beverages said its South Africa-based subsidiary, The Beverage Company Proprietary Ltd, has entered into an agreement to acquire a 100% stake in Crickley Dairy Proprietary, according to a filing.

Wipro announced a partnership with Harness to support AI-led software delivery for enterprises.

Punjab National Bank invited bids for the sale of non-performing assets of Rolta Pvt Ltd worth ₹450.85 crore, as per its disclosure.

Aurobindo Pharma said the U.S. Food and Drug Administration classified a facility of its subsidiary Eugia Pharma Specialities Ltd as “Official Action Indicated” following an inspection.

Other Stocks In Focus

Ceigall India said its subsidiary Ceigall Infra Projects Private Limited has been declared the lowest bidder for two tenders issued by the Punjab Infrastructure Development Board.

Strides Pharma Science said its subsidiary Strides Pharma International AG has entered into agreements with Sandoz AG to acquire and in-license a portfolio of branded generic products in sub-Saharan Africa.

These developments are expected to keep the mentioned stocks in focus during the trading session on March 18.