Top stocks for trade today, March 20: TCS, Nestlé India, Samvardhana Motherson, JSW Cement and more

Several Indian stocks are likely to remain in focus on March 20 following key corporate developments across sectors including IT, FMCG, cement, and auto components. Here’s a detailed, fact-based look at the companies making headlines today.

IT Stocks

Accenture has narrowed its FY26 constant currency (CC) revenue growth guidance to 4–6%, compared to the earlier range of 3–6%. This update may influence sentiment in the IT sector.

Tata Consultancy Services has announced a partnership with ABB to combine its AI, data, and engineering capabilities with ABB’s industrial technology solutions.

FMCG

Nestlé India has added a new production line for its Munch brand at its Sanand facility, with a planned capital expenditure of ₹225 crore.

Cement

JSW Cement has commissioned a 2.5 mtpa cement capacity unit in Rajasthan, marking its entry into North India manufacturing.

Auto Components

Samvardhana Motherson has entered into a $10 million joint venture in a 51:49 ratio with a German logistics company in Dubai.

BPM / IT Services

Firstsource Solutions has launched an “Agent-First” operating model designed for enterprise clients.

Engineering & R&D Services

Tata Elxsi will set up a global offshore development centre for Terumo Corporation.

Metals / Infrastructure

Electrosteel Castings reported that a promoter entity has acquired a 3.32% stake worth ₹144 crore via open market transactions.

Disclaimer: This article is for informational purposes only and is based on company announcements and publicly available information. It should not be construed as investment advice.