Stocks to Watch: Emami, Adani Power, Tata Steel, Marico, ONGC, RVNL, GR Infraprojects, Prestige Estates

Emami Ups its Ownership in Axiom Ayurveda

Emami has entered into a definitive agreement to purchase the remaining 73.5% stake in Axiom Ayurveda. Under the first phase, the firm purchased a further 36.7% stake, which takes their overall ownership to approximately 26.5%. This acquisition is expected to be carried out over the next three months with consideration up to ₹200 crore.

LG Electronics India Experiences Massive Air Conditioner Sales

LG Electronics India reported a huge surge in the sales of air conditioners. The firm sold more than 1 million air conditioners during the first quarter of 2026, signaling solid seasonal performance.

Premier Energies Acquires Stake in Transcon Ind

Premier Energies successfully completed its acquisition of a 51% stake in Transcon Ind at a value of ₹250 crore.

US FDA Gives Fourhttps://www.venturasecurities.com/invest/stocks/adani-power-ltd-share-price Observations to Granules India

The US FDA conducted a cGMP audit at Granules India’s US subsidiary, Granules Pharmaceuticals, Inc. in Chantilly from March 30 to April 3, 2026. The inspection generated four Form 483 observations. This is the second inspection by US FDA in one year at the same plant.

J Kumar Infraprojects Gets Contract for Exhibition Center

J Kumar Infraprojects has been awarded a ₹1,184 crore contract to construct an exhibition and convention center for 10,000 people on EPC basis in Vrindavan Yojna, Lucknow, Uttar Pradesh.

Rail Vikas Nigam Gets Railway Electrification Project

Rail Vikas Nigam has bagged an award letter for ₹242.5 crore from South Central Railway. It involves conversion of overhead equipment to 2x25kV AT Feeding System from 1x25kV system with feeder & earthing work in the Ongole-Gudur Section, Vijayawada Division.

GR Infraprojects Bags Big Railway Line EPC Contract

GR Infraprojects has bagged an EPC contract valued at ₹1,897.51 crore from West Central Railway for building a new rail line from Bahari to Gondawali in Madhya Pradesh.

Adani Power Secures Long-Term Power Supply Agreement

Adani Power has been awarded a Letter of Award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to provide 2,500 MW of RE RTC power for 25 years.

Sanofi India Gets Government’s Approval for Managing Director’s Post

The Central Government has granted approval for the appointment of Deepak Arora as Managing Director of Sanofi India for a tenure of three years from October 27, 2025.

Godawari Power Acquires Operating Permit

Godawari Power & Ispat has obtained the consent to operate permit for its 6.91 MW waste heat recovery-based power plant from the Chhattisgarh Environment Conservation Board.

Marico Strengthens Footprint in Vietnam

Through its wholly-owned subsidiary, Marico South East Asia Corporation, Marico has successfully taken over a 75 percent controlling stake in Skinetiq Joint Stock Company of Vietnam. Skinetiq is the company owning the digitally-native skincare brand, Candid, and has exclusive distribution rights for Murad in Vietnam.

Lemon Tree Hotels to Open Hotel in Nepal

Lemon Tree Hotels has entered into a license agreement for a 98-room hotel in Simara, Nepal, which would be managed by its subsidiary Carnation Hotels.

JK Lakshmi Cement Wins Chhipta Block Mining Rights

JK Lakshmi Cement has emerged victorious in an online auction process and bagged the mining rights for the Chhipta limestone block in Madhya Pradesh.

Vikran Engineering Wins Contracts to Enhance Power Distribution

Vikran Engineering has won two Letters of Awards worth ₹530.80 crore from MSEDCL for execution of projects for power distribution enhancement in Nashik and Kolhapur zones of Maharashtra.

ONGC Records Fire Incident at Mumbai High

A fire incident occurred at the SHP Platform of ONGC at the Mumbai High field. This incident has been successfully contained, and normal operations have resumed. Ten people got injured in this incident, and all of them are in stable condition.

Zaggle Prepaid Announces CFO Resignation

Zaggle Prepaid Ocean Services has announced that CFO Venkata Aditya Kumar Grandhi has resigned from his position from April 3. Rajesh Tummalaganti will serve as Interim CFO starting April 4.

Deepak Nitrite Appoints New Deputy Managing Directors and CFO

The Board of Directors of Deepak Nitrite has reappointed Maulik Mehta as Deputy Managing Director and Meghav Mehta as Deputy Managing Director for a period of five years starting May 9. Also, Sanjay Upadhyay has been reappointed as Director (Finance) & Group CFO for five years starting August 1, 2026.

Prestige Estates Undertakes Massive Housing Development Scheme

Prestige Estates Projects has embarked upon a massive housing scheme known as Prestige Golden Grove in Hyderabad, comprising 5,120 units with a gross development value of ₹9,500 crore.

Senores Pharmaceuticals Expands Business Horizons in America

Senores Pharmaceuticals USA Inc., the US subsidiary of Senores Pharmaceuticals, has signed a strategic partnership agreement through a joint venture company, Amerisyn, LLC, thus entering the US government procurement market.

Shree Cement Approves Construction of Integrated Cement Plant

The Board of Shree Cement has sanctioned the establishment of an integrated cement plant in Meghalaya with clinker capacity of 0.95 MTPA and cement capacity of 0.99 MTPA at a cost of ₹1,800 crore.

Coking Coal Corporation Experiences Unprecedented Halt in Operations

The coal mining and dispatch activities at ABOCP Mine, Block-II, have been unjustifiably stopped since April 2 by unorganized groups. An FIR has been lodged at the Baghmara Police Station in Jharkhand.

Demand Notice Issued to Tata Steel for ₹1,755.1 Crore

A demand notice amounting to ₹1,755.1 crore has been issued to Tata Steel by the District Mining Office, Jharkhand, in connection with the excess extraction of coal by around 1,62,40,399 MT at the West Bokaro Colliery during FY 2000-01 to FY 2006-07.

MOIL & NMDC Raise Prices

MOIL has raised the prices of manganese ore and its by-products by up to 17.50% with effect from April 1, 2026. NMDC has fixed the price of Baila lump (65.5%, 10-40 mm) at ₹5,300/tonne and Baila fines (64%, -10 mm) at ₹4,500/tonne effective from April 5.