Stocks To Watch On March 6: Jio Financial Services, TCS, Bajaj Auto Among Companies In Focus

Jio Financial Services

Jio Financial Services invested ₹147.45 crore in its joint venture Allianz Jio Reinsurance Ltd, according to a stock exchange filing. The company subscribed to 14.75 crore equity shares of the joint venture at par value, completing the investment through cash.

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Bajaj Auto

Bajaj Auto said KTM AG has fully repaid its €450 million secured term loan to Bajaj Auto International Holdings BV, a wholly owned subsidiary of the company. Following the repayment, the related facility agreement has been terminated, according to the company’s filing.

Tata Consultancy Services

Tata Consultancy Services stated that it is in advanced discussions to establish additional artificial intelligence data centres in India. In a regulatory filing, the company said the development is part of its efforts to strengthen artificial intelligence infrastructure after signing an agreement with OpenAI to develop data centres with capacities ranging from 100 MW to 1 GW.

Tata Elxsi

Tata Elxsi launched DevStudio.ai, a generative artificial intelligence platform designed for automotive software engineering. The company said the platform is aligned with Automotive SPICE (ASPICE) standards and aims to support software development processes for automotive systems.

Dr. Reddy’s Laboratories

Dr. Reddy’s Laboratories received an Establishment Inspection Report (EIR) from the U.S. Food and Drug Administration for its formulations manufacturing facility located in Srikakulam, Andhra Pradesh. The update was disclosed through a stock exchange filing.

SBI Cards And Payment Services

SBI Cards and Payment Services announced an interim dividend of ₹2.50 per equity share for the financial year 2025–26. The company fixed March 11, 2026 as the record date to determine shareholders eligible to receive the dividend.

Mazagon Dock Shipbuilders

Mazagon Dock Shipbuilders issued a clarification regarding reports that linked the recent rise in its share price to a potential defence contract valued at about ₹99,000 crore.

DCX Systems

DCX Systems secured a purchase order worth ₹68.05 crore from Hindustan Aeronautics Limited, according to the company’s regulatory filing.

Other Corporate Developments

Zaggle Prepaid Ocean Services signed a three-year agreement with Blue Star Ltd to provide its Zaggle Save employee expense management and benefits platform.

Garden Reach Shipbuilders & Engineers has formed a memorandum of understanding with Kalyani Strategic Systems Limited, a subsidiary of the company Bharat Forge, to collaborate in the development and promotion of naval systems and maritime technologies.

Such corporate news and announcements may help the shares of the company remain in focus in the next trading session.