Top stocks for trade today, March 10: Dixon, Minda Corporation, IdeaForge, SJVN, Max Estates and more

Several companies are expected to remain in focus in the stock market on March 10 after announcing corporate developments, operational updates, and regulatory disclosures. These updates span sectors including electric vehicles, defence, renewable energy, real estate, and financial services.

Minda Corporation

Minda Corporation signed an agreement with Turntide Technologies to form a joint venture focused on developing electric vehicle powertrain solutions.

Jagsonpal Pharmaceuticals

Jagsonpal Pharmaceuticals said its board will meet on March 12 to consider a proposal for a share buyback.

Paint, Oil Marketing PSUs and Aviation Stocks

Stocks in these sectors may see attention after oil prices cooled, with indications of some relief related to Russia sanctions.

MSP Steel & Power

Ilex purchased 8.04 lakh shareswhile Vinay Finvest acquired 9 lakh shares of the company.

IdeaForge

IdeaForge said its drones are part of a flight testing program associated with NATO.

Dixon Technologies

Dixon Technologies received government approval for its joint venture with China’s HKC Overseas.

NTPC Green Energy

The second phase of the Andhra Pradesh solar photovoltaic project of NTPC Green has started operations.

Arvind Smartspaces

Adi Pirojsha Godrej acquired 8.17 lakh shares in Arvind Smartspaces.

Mahindra & Mahindra

Mahindra & Mahindra reported total production of 94,550 unitsup 13.1% YoY.

SJVN

SJVN said its Nathpa Jhakri Hydro Power Station has crossed 150 billion units of cumulative power generation.

Max Estates

Max Estates received RERA approval for its Max One project in Noidaafter a delay of about nine years.

Hinduja Global Solutions

Hinduja Global Solutions and the Uttar Pradesh State Transformation Commission signed an MoU for Project GANGAwhich aims to connect 20 lakh homes through broadband.

Defence Stocks

Defence companies such as Bharat Dynamics, Bharat Electronics, and Data Patterns may be tracked after Indonesia entered into an agreement with India to procure BrahMos missiles.

Other Corporate Updates

Torrent Power raised ₹2,000 crore through non-convertible debentures at a 7.97% coupon rate via private placement.

Manorama Industries said its board will meet on March 12 to consider fund raising.

Lemon Tree Hotels signed an agreement to operate a 76-room hotel in Uttar Pradesh.

The NSE announced the inclusion of Adani Power, Cochin Shipyard, Hyundai Motor India, Nippon Life India Asset Management, Vishal Mega Mart, and Motilal Oswal Financial Services in the F&O segment from April 1.

We will invest better below ₹156 crore in its subsidiary Optiemus Electronics.

Mahanagar Gas will acquire a 26% stake in FPEL Reliant for ₹3.89 crore to set up a solar plant in Maharashtra.

Suraj Industries acquired a 20.01% stake in VRV Foods for ₹14.85 crore.

Tata Power will invest ₹50 crore for a 40% stake in Dorjilung Hydro Power.

Sayaji Hotels signed a hotel management agreement with Vicon Imperial.

Swan Defence promoter Hazel Infra plans to sell a 5% stake via an offer for sale (OFS).

GAIL (India) announced the nomination of Rohit Mathur, Joint Secretary in the Ministry of Petroleum and Natural Gas, as a Government Nominee Director on its board.

Bajaj Finserv reported ₹1,094 crore gross direct premium underwritten by Bajaj General Insurance.

Tata Capital’s housing finance arm allotted 1.3 crore shares worth ₹650 crore to Tata Capitalwith no change in overall shareholding.

TCPL Packaging signed an agreement to acquire a 26% stake in SPV Clean Max Hana.

Reliance Retail, a subsidiary of Reliance Industries, acquired the “Pahadi Local” brand.

AGI Infra closed its qualified institutional placement (QIP) and approved allocation of 28 lakh shares at ₹265 per share.

IDFC First Bank was referenced in a ₹116-crore security fraud flagged by the Chandigarh Municipal Corporation.

Arvind

Arvind said Susheel Kaul resigned as Managing Directorciting personal reasons.

These corporate announcements and developments may influence trading activity in the respective stocks during the session on March 10.