Top stocks to watch out for on March 9

Mar 9, 2021

By: Navdeep Yadav

​State-owned Bharat Petroleum is likely to sell up to 4 percent stake through a block deal on Tuesday.

Reports indicate that the floor price has been set at ₹435 per share — a 6.8 percent discount to Monday’s closing.

Credit: BCCL

​Coal India approves 32 mining projects worth ₹47,000 crore this fiscal.

The company said it is a record capacity addition in its history — projects would be to the tune of around 81 million tonnes p.a.

Credit: BCCL

​Reliance Jio, Bharti Airtel, and Vodafone Idea in focus.

The Telecom Department issued demand notes to telcos asking them to make stipulated payments for the spectrum.

Credit: BCCL

​Biocon Biologics allots 1.97 crore equity shares to Beta Oryz.

Beta Oryz, a wholly-owned subsidiary of the holding company ADQ, will invest ₹555 crore in Biocon Biologics.

Credit: BCCL

​Godrej Properties' stakeholders approve raising up to ₹3,750 crore.

The shareholders also approved the enhancement of the investment limit of the company up to ₹7,500 crore.

Credit: BCCL

​Mahindra Holiday Resort suspends operations in 4 SPA hotels in Finland.

Due to a rise in the number of COVID-19 cases, the operations will be suspended for 3 weeks.

Credit: BCCL

​Mindspace Business Parks REIT’s Gigaplex Estate enters into a sublease agreement.

The company will sublease about 6.3 lakh sq ft space in Mumbai to a data centre operator.

Credit: BCCL

​Max Financial Services’ promoter Max Ventures Investment Holdings sold over 9.34 lakh shares

The company sold shares worth ₹85 crore through an open market transaction at an average price of ₹910.

Credit: BCCL

​JSW Energy signed a business transfer agreement with JSW Cement

The agreement is to sell an 18 MW thermal power plant at Salboni for ₹95.67 crore.

Credit: BCCL

A newly found ‘super’ Earth only takes 2.4 days to complete a year