Stocks To Watch: Vodafone Idea, LTIMindtree, IndiGo, Vedanta, Ola Electric, ITC, And Others

Last Updated:April 01, 2025, 08:05 IST

Stocks to watch: Shares of firms like Vodafone Idea, LTIMindtree, IndiGo, Vedanta, Ola Electric, ITC, and others will be in focus on Tuesday’s trade

Stocks to Watch on April 1

Stocks To Watch On April 1, 2025: Domestic markets remained range-bound on Friday, shedding nearly half a percent as the consolidation phase continued. In today’s trade, shares of Vodafone Idea, AB Real Estate, LTIMindtree, IndiGo, Vedanta, Ola Electric, among others, will be in focus due to various news developments.

Key Stocks in Focus

Adani Energy Solutions

Adani Energy Solutions acquired Mahan Transmission, gaining complete ownership of the SPV through a share purchase agreement, marking a strategic expansion in its energy business.

Asian Paints

Asian Paints announced plans to set up a chemical manufacturing facility in Gujarat at a cost of Rs 3,250 crore, expanding its chemical production capabilities.

Force Motors

Force Motors was declared the L1 vendor for supplying 2,978 Force Gurkha light vehicles to the Indian Defence Forces, marking a significant contract win.

HCL Tech

HCL Tech was selected as a Design Solution Partner under Samsung’s Advanced Foundry Ecosystem (SAFE) program, aiming to accelerate semiconductor innovation.

NCC

NCC received a total order worth Rs 5,773 crore in March 2025.

DCM Shriram

DCM Shriram commissioned a second 300 TPD flexi-fuel flaker plant at Jhagadia, Bharuch, Gujarat.

Engineers India

Engineers India bagged consultancy assignments worth Rs 245 crore from state-owned organizations to execute projects in Maharashtra and West Bengal.

NHPC

NHPC declared commercial operation of Unit-I, Unit-II & Unit-III of the Parbati-II HE Project (4×200 MW) in Himachal Pradesh. Trial run and commercial operation of Unit-IV (200 MW) will be intimated in due course.

LTIMindtree

LTIMindtree announced a strategic partnership with Google Cloud to drive business transformation with AgenticAI.

Blue Star

Blue Star appointed Mohit Sud as Group President, Unitary Cooling Products, with effect from March 31, 2025.

JSW Steel

JSW Steel declared successful bidder for the Dugda Coal Washery in Jharkhand, securing a 25-year deal to operate the facility.

IndiGo

IndiGo received a penalty order of Rs 944 crore from the Income Tax Department for the Assessment Year 2021-2022.

Vedanta

Vedanta has extended the deadline of the demerger of its businesses from March 31, 2025, to September 30, 2025, citing pending approvals from government authorities and the National Company Law Tribunal (NCLT).

Ola Electric

Ola Electric received a third letter from the Ministry of Road Transport and Highways over a mismatch in sales and registrations for February.

ITC

ITC has signed a Business Transfer Agreement with Aditya Birla Real Estate (ABREL) to acquire ABREL’s pulp and paper business, known as Century Pulp and Paper, for Rs 3,500 crore. The acquisition is subject to approval from the Competition Commission of India and the Ministry of Environment.

Hindustan Aeronautics (HAL)

The Ministry of Defence has signed two contracts with the company to supply 156 Light Combat Helicopters (LCH) Prachand 90 for the Indian Army and 66 for the Indian Air Force, valued at approximately Rs 62,700 crore.

• FY25 revenue: Rs 30,400 crore, slightly higher than Rs 30,381 crore in the previous year.
• Order book: Rs 1,84,000 crore as of March 2025, significantly up from Rs 94,129 crore.

Power Mech Projects

The company has received an order worth Rs 425 crore from Mirzapur Thermal Energy (UP), a wholly owned subsidiary of Adani Power, for civil works and the installation of prefabricated structural steel in Mirzapur, Uttar Pradesh. Additionally, it has secured a Rs 972.135 crore contract from the National Highways Authority of India for constructing a four-lane bypass in Jharkhand under the Hybrid Annuity Model.

Vodafone Idea

Vodafone Idea announced that the government will convert its dues into equity, acquiring shares worth Rs 36,950 crore at an issue price of Rs 10 per share.

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