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Stocks To Watch: EaseMyTrip, Eveready, IndiaMart, Siemens, Tata Steel

Here are the stocks to watch in trade today..

<div class="paragraphs"><p>The Bombay Stock Exchange building stands in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)</p></div>
The Bombay Stock Exchange building stands in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Asian stocks fell Wednesday as the war in Ukraine and sanctions on Russia spiked crude oil prices to nearly $106 a barrel, hurting the outlook for economic growth, aiding demand for sovereign bonds, and threatening flows of energy, crops and metals.

Japan led the losses, Australia and South Korea were steadier. U.S. futures gained after both the S&P 500 and Nasdaq 100 declined on Tuesday. Singapore-traded SGX Nifty, an early indicator of India's Nifty 50 Index’s performance, fell 1.13% to 16,520 as of 6:25 am.

Demand for safe havens saw Australian and New Zealand debt join a global fixed-income rally. Treasuries held most of that push higher with the 10-year yield at about 1.75%. Gold and the dollar retained their advances.

Here are the stocks to watch in today's trade:

  • Eicher Motors: Sales up 7.3% YoY to 5,856 units in February.

  • Escorts: Tractor sales down 45.6% YoY to 6,114 units in February.

  • Mahindra Logistics: To buy up to 60% of Whizzard for Rs 71.73 crore.

  • Maruti Suzuki: February sales at 164,056 units vs 164,469 a year ago.

  • Tata Motors: Passenger vehicle sales rises 47% YoY to 39,981 units, commercial vehicle sales up 11% YoY to 37,552 units in February.

  • Future Enterprises: Says no immediate impact on deal with Generali after court order on Future Generali stake sale restraint.

  • Brightcom: SEBI had appointed a forensic auditor in September 2021 over impairment of assets in FY2019-20. The company said the impairment decision was taken due to the Global Data Protection Regulation in Europe and its affects worldwide. The company reported the exchanges on Feb. 28.

  • Siemens: Sunsole Renewables allotted 26% of its paid-up equity share capital to the company for a consideration of Rs 27 lakh.

  • Page Industries: Managing Director Sunder Genomal has tendered his resignation.

  • Eveready Industries: A group of five companies have announced an open offer for acquiring 18,898,688 equity shares (26% stake) at Rs 320 per share. The five companies are Puran Associates, VIC Enterprises, MB Finmart, Gyan Enterprises and Chowdry Associates.

  • Sterlite Technologies: The company has announced a collaboration with Analog Devices to develop 5G Open RAN radio units.

  • IndiaMart Intermesh: The company -- via its wholly owned subsidiary Tradezeal Online -- has entered into an agreement to invest Rs 13.75 crore in Adansa Solutions for 26.01% stake.

  • EaseMyTrip: To consider allotment of bonus shares on March 3.

  • Tanla Platforms: Announced an exclusive partnership with Truecaller. Truecaller Business Messaging will be exclusively powered by Tanla’s Wisely CPaaS platform.

  • Aban Offshore: Extends date of sale of rig to March 31.

  • Ashok Leyland: Feb. vehicle sales 13,281 units vs 12,776 year ago.

  • Coal India: Feb. offtake 57.4 million tonnes vs 51.3 million tonnes a year ago; Feb. production 64.3 million tonnes vs 61.9 million tonnes YoY.

  • Future Market Networks: Says NCLT allows to hold holders’ meeting.

  • Tata Steel: The company's subsidiary Tata Steel Advanced Materials will acquire 90% stake in Ceramat Pvt for consideration of Rs 90,000.

Offering

  • SEBI has approved the initial public offerings of JK Files & Engineering Ltd. and Elin Electronics Ltd.

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Pledged Shares Details

  • Max Financial Services: Promoter Max Ventures Investment Holdings created a pledge of 3.30 lakh shares on Feb. 24.

Insider Trades

  • Bajaj Holdings & Investment: Promoter group Bachhraj & Company bought 2,942 shares on Feb. 24.

  • Apar Industries: Promoter Chaitanya N. Desai bought 8,642 shares on Feb. 25.

  • Strides Pharma Science: Promoter Arun Kumar bought 1.55 lakh shares between Feb. 24 and Feb. 25. Promoter group Karuna Business Solutions LLP bought 1,550 shares on Feb. 24.

  • Bajaj Auto: Promoter group Maharashtra Scooters bought 14,000 shares on Feb. 25.

  • GNA Axles: Promoter group Gursaran Singh bought 23,036 shares between Feb. 18 and Feb. 22.

  • Star Cement: Promoter & Director Sajjan Bhajanka bought 28,731 shares on Feb. 25.

  • Nuvoco Vistas Corporation: Promoter Niyogi Enterprise bought 68,222 shares on Feb. 25.

  • KCP: Promoter Dr VL Indira Dutt bought 13,675 shares on Feb. 25.

Bulk Deals

  • Easy Trip Planners: Nomura Singapore bought 6 lakh shares (0.55% stake) at Rs 275 apiece.

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Who's Meeting Whom

  • Supriya Lifescience: To meet investors and analysts on March 1.

  • R Systems International: To meet investors and analysts on March 2.

Trading Tweaks

  • Price Band Revised From 5% To 10%: Happiest Minds Technologies

  • Move Out Of Short-Term ASM Framework: TV18 Broadcast

  • Record Date Bonus: Easy Trip Planners Limited

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