News Highly Sensitive to Stock Price: March 18

JK Cement

The company’s subsidiary, JK Cement Saifco (Saifco), has received a notice from the Office of the Deputy Controller, Legal Metrology Department (Enforcement), Jammu & Kashmir, citing lack of packaging registration, a non functional customer care number, and non-verification of electronic weighing scales. The company has sought an extension from the concerned departmentto respond to the notice.

KPIL

Kalpataru Projects International (KPIL) announced that it, along with its subsidiaries, has secured new orders and notifications of award worth approximately Rs 2,471 crore across multiple business segments.

Aurobindo Pharma

The United States Food and Drug Administration (US FDA) inspected Unit-II of the company’s subsidiary, Eugia Pharma Specialities, at RIICO Industrial Area, Rajasthan, from November 3 to November 14, 2025, and issued a Form 483 with nine observations. Subsequently, the US FDA has classified the inspection status of this unit as Official Action Indicated (OAI).

Oil and Gas

Cooking gas LPG use in India dropped significantly in the first half of March. Supply disruptions from West Asia caused this steep decline. LPG consumption fell by 17.7 percent compared to last year. This impacted household cooking gas availability. Meanwhile, petrol and diesel sales saw a rise in demand.

Ceigall

Ceigall Infra Projects (CIPPL), a wholly owned subsidiary of Ceigall India (CIL) has emerged as the L1 bidder in the financial bid opening for two (2) tenders by the Punjab Infrastructure Development Board on 16 March 2026. These include:- Construction And Development of the World Class Urban Street in Ludhiana On Hybrid Annuity Model Package 1 (Bid cost of Rs 108 crore) and Construction And Development of the World Class Urban Street in Ludhiana On Hybrid Annuity Model Package 3 (Bid cost of Rs 99 crore).

Transrail

Transrail Lighting has made an investment by way of subscription to the equity share capital of its wholly owned subsidiary in the UAE, namely Transrail Trading LLC (formerly known as Transrail Contracting LLC).

Lupin & Zydus Lifesciences

Lupin Limited has entered into a Licensing and Supply Agreement with Zydus Lifesciences Limited to expand access to innovative Semaglutide Injection (15 mg/3 ml) with a patient friendly reusable pen device in India. This partnership brings together Lupin’s extensive reach in the Indian market and Zydus’ robust development capabilities, driven by the shared objective of bringing advanced therapies for metabolic disorders. Under this agreement, Lupin will have semi-exclusive rights to co market Zydus’ innovative Semaglutide Injection in India under the brand names Semanext and Lupin’s Livarise. Zydus will continue to market the product under the brand names SEMAGLYN, MASHEMA and ALTERME. As part of the agreement, Lupin will pay Zydus upfront licensing fees and milestone payments on achieving pre defined milestones

Aurobindo Pharma

US FDA inspected Unit-II of Eugia Pharma Specialities Limited, a wholly owned subsidiary of the Company, situated at RIICO Industrial Area, Phase-III, Bhiwadi, 301019, Rajasthan, from November 03 to November14, 2025. At the end of the inspection, a Form 483 was issued with nine observations. Subsequently, US FDA has now determined the inspection classification status of this unit as Official Action Indicated (OAI).

Mafatlal Industries

Company has received an order valued at approximately Rs 114 crore from the Odisha Computer Application Centre (OCAC). The order pertains to the setting up of 500 robotic laboratories across 16 districts in Odisha under the School and Mass Education Department. The project is scheduled to be executed over a period of five years.

Lokesh Machines

Company has received an order worth Rs 9.5 crore (Inclusive of all Duties and Taxes) from Directorate General, Sashastra Seema Bal (SSB), Ministry of Home Affairs, Government of India, for supply of latest SMG (9x19mm Carbine), along with accessories.

Star Cement Ltd

The company’s subsidiary, Star Cement Meghalaya, has been declared the preferred bidder for the composite license of the Boro Hundong Limestone Block in e-auctions conducted by the Government of Assam. This block covers an area of 400 hectares, with an estimated limestone resource of 146.75 million tonnes.

CESC

CESC Limited (CESC) has issued the 4 (four) Letter of Awards to the entities for a total Supply of 700 MW from Hybrid Power (Solar Wind) (to 4 different entities) at an Applicable tariff of Rs 3.75/kWh for 600 MWandRs 3.74/kWhfor100 MWrespectively.

Emmvee Photovoltaic

Commissioner of Customs, Bengaluru has issued an order imposing a penalty of Rs.5,35,98,959/-, redemption fine of Rs.1,88,00,000/ and penalty of Rs.44,00,000/- on one of the Directors and two of the employees. The Company would be appealing against the order and the said order will not have any material financial impact on the Company.

Shree Cement

The company has been declared the preferred bidder for the Dommarnandyala-1 limestone block in YSR Kadapa district, Andhra Pradesh, which spans an area of 373 hectares.

Varun Beverages

The company’s subsidiary, The Beverage Company Proprietary, has executed an agreement to acquire a 100% equity stake in Crickley Dairy Proprietary, South Africa, for Rs 131.4 crore. The acquisition aims to diversify its product portfolio into new categories, including value-added dairy and juice-based drinks.

Swan Defence and Heavy Industries

Promoter Hazel Infra will sell up to 26.38 lakh equity shares (5.01% stake) via an offer-for-sale on March 18–19. The floor price for the offer is Rs 1,900 per share

Strides Pharma

The company, through its step-down subsidiary Strides Pharma International AG (SPIAG), has entered into definitive agreements with Sandoz AG, Switzerland, and its group entities for the acquisition and in-licensing of a portfolio of branded generic products across sub-Saharan Africa (SSA). As part of the deal, the portfolio includes multiple brands across anti-infective, cardiovascular, and dermatology therapeutic segments.

Hexaware Tech

The company has launched Agentverse, an enterprise AI agent platform featuring 600+ ready-to-deploy AI agents designed to help organizations operationalise agentic AI across business and technology functions.

Wipro

The company has announced a collaboration with Harness, an AI software delivery platform company, to help global enterprises accelerate AI-native software delivery with greater speed, reliability, and governance.

Tata Steel

The board has approved the merger of Neelachal Ispat Nigam with Tata Steel. Further, the company will invest up to $2 billion (around Rs 18,488.10 crore) via subscription to equity shares of its foreign subsidiary, T Steel Holdings, in one or more tranches from FY2026 27 onwards.

NHPC

NHPC Limited declares Commercial Operation (CoD) of Unit # 1 (250 MW) of Subansiri Lower HE Project, 2000 MW (8 x 250 MW), Assam/Arunachal Pradesh. With this, CoD of 3 units i.e. Unit#1, Unit# 2 and Unit# 3 of Subansiri Lower HE Project has been declared

Kirloskar Ferrous Industries

Manufacturing operations at one of the two high-pressure moulding lines at the Solapur plant have been temporarily affected from March 17 until further notice. The management is monitoring the current supply chain crisis and exploring alternate sources or resources to minimise the impact of the disruption.

Tamilnadu Petroproducts

The company’s HCD plant has been shut down due to business factors arising from the ongoing geopolitical situation in the Middle East. This temporary shutdown constitutes a force majeure event, as it is beyond the company’s control, and the impact cannot be quantified at this stage.

Source: HSL Prime Daily, 18 March 2026