Stocks To Watch Today: Tata Motors, Andhra Cements, Sun Pharma, GMDC, Axiscades, Power Mech, Zydus Lifesciences, Bajaj Electricals In Focus On March 17

Several companies, including Tata Motors Limited, Andhra Cements Limited, Sun Pharmaceutical Industries Limited, Gujarat Mineral Development Corporation, Axiscades Technologies Limited, Power Mech Projects Limited, Zydus Lifesciences Limited and Bajaj Electricals Limited, will remain in focus on March 17 following corporate announcements and regulatory developments.

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Reliance Signs Long-Term Green Ammonia Supply Agreement

Reliance Industries Limited said it has entered into a binding long-term supply and purchase agreement with Samsung C&T Corporation of South Korea for the supply of green ammonia over a 15-year period beginning in the second half of FY2029.

The agreement is valued at more than $3 billion and is among the largest long-term green ammonia off-take contracts globally, according to the company.

Tata Motors To Increase Commercial Vehicle Prices

Tata Motors Limited announced a price increase of up to 1.5% across its commercial vehicle range.

The revised prices will come into effect from April 1, 2026. The company said the increase is aimed at partially offsetting higher commodity prices and rising input costs.

Andhra Cements Promoter Stake Sale

Promoter Sagar Cements Limited plans to sell up to 66.76 lakh shares of Andhra Cements Limited through an offer for sale on March 17–18.

The shares represent 7.24% of the company’s total paid-up equity. The floor price for the sale has been fixed at ₹52 per share.

Sun Pharma Drug Application Under U.S. FDA Review

Sun Pharmaceutical Industries Limited said the U.S. Food and Drug Administration has accepted for review its supplemental Biologics License Application for ILUMYA to treat adults with active psoriatic arthritis.

The regulatory action date for the application has been set for October 29, 2026.

Key Orders And Strategic Developments

Rail Vikas Nigam Limited has received a Letter of Acceptance from National Mineral Development Corporation for the refurbishment and maintenance of the railway track infrastructure at Kirandul and Bacheli in Chhattisgarh. The order value is ₹95.27 crore.

Power Mech Projects Limited secured an order worth ₹709.56 crore from Adani Infrastructure Management Services Limited for operations and maintenance work at the 5×660 MW thermal power plant in Tiroda, Maharashtra.

Gujarat Mineral Development Corporation signed a memorandum of understanding with National Mineral Development Corporation to explore collaboration in the rare earth elements sector. The partnership will evaluate opportunities across exploration, mining, processing, and downstream applications in Gujarat.

Corporate Actions And Business Updates

Axiscades Technologies Limited approved the acquisition of the remaining 24% stake in Cades Studec Technologies India from STUDEC SAS France, after which the entity will become a wholly owned subsidiary.

Zydus Lifesciences Limited said its U.S. subsidiary, Sentynl Therapeutics, will enter a licensing agreement with South Korea-based PRG S&T for the investigational molecule Progerinin for Hutchinson-Gilford Progeria Syndrome.

Bajaj Electricals Limited signed a definitive agreement to acquire the intellectual property and brand rights of Morphy Richards in India and select South Asian markets for ₹141.4 crore.

These corporate announcements, regulatory updates and order wins are expected to keep the shares of the companies in focus in trading on March 17.