L&T, TCS, Metro Brands, ONGC and other hot stocks to watch out for on March 8

Mar 8, 2022

By: Bhakti Makwana

Larsen & Toubro

The infrastructure giant launched its own B2B e-commerce platform L&T-SuFin, the next generation B2B e-commerce platform that will sell industrial products.

Credit: BCCL

TCS

The information technology (IT) major's share buyback offer will open on 9 March and close on 23 March.

Credit: BCCL

Metro Brands

The footwear company announced an interim dividend of ₹1.50 per equity.

Credit: BCCL

NLC India

The firm announced an interim dividend of ₹1.50 per equity for the financial year 2021-22.

Credit: NLC-India

Sun TV Network

The company has declared an interim dividend of ₹5 per share for the current financial year 2021-2022.

Credit: BCCL

Oil marketing companies

The constant surge in prices of crude oil led by fear of a ban on Russian oil may increase oil prices, but will benefit companies such as ONGC, Oil India that are involved in the production, exploration and sale of oil.

Credit: BCCL

Dodla Dairy

The company’s board has approved purchase of asset/business/plant and machinery for up to ₹55 crore along with ₹40 crore funding each for subsidiaries Orgafeed, and Dodla Dairy Kenya.

Credit: Dodla-Dairy

Natco Pharma

The company has launched its first generic variant of Revlimid in the US market.

Credit: Natco-Pharma

Natco Pharma

Revlimid, also known as lenalidomide, is an oral cancer drug that is used for the treatment of multiple myeloma.

Credit: Natco-Pharma

Adani family infuses ₹6,661 crore in Ambuja Cements, increases stake to 66.7%