TCS, airline stocks, Eveready Industries, MTNL among top stocks to watch out for on March 9

Mar 9, 2022

By: bhakti.makwana@timesinternet.in

Credit: BCCL

Eveready Industries

The battery maker approved the appointment of Suvamoy Saha as the new managing director for three years effective from Wednesday.

Credit: BCCL

TCS

The information technology (IT) major's ₹18,000 crore share buyback will start today and continue till March 23. It plans to buy back 4 crore shares at ₹4,500 per share.

Credit: BCCL

Airline stocks

The Indian government announced it will resume commercial international flight services from March 27.

Credit: BCCL

Oil company stocks

Oil marketing companies such as ONGC, Indian Oil Corp may gain as the US has banned Russian oil.

Credit: BCCL

IT stocks

Technology company stocks may benefit on the weak rupee that fell to its lifetime low in the past few days.

Credit: BCCL

Adani Ports and Special Economic Zone

The Adani Group company has incorporated a wholly owned subsidiary company HDC Bulk Terminal.

Credit: BCCL

MTNL

Business Standard reported that the government is considering relaxing some norms that led to the failure in attracting bids for assets of Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) as they look to restart the auction for their non-core assets.

Credit: BCCL

Zydus Lifesciences

The company announced it will acquire a brand from the US-based BridgeBio Pharma.

Credit: BCCL

Bharat Forge

The company’s subsidiary Kalyani Strategic Systems has incorporated a company, Sagar-Manas Technologies, as a wholly owned subsidiary for ₹7,500 crore.

Credit: BCCL

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