Top stocks for trade today, March 30: Coal India, ONGC, Tata Motors, Thermax, Ceigall and more

Indian stock markets are expected to see action across multiple sectors on March 30, driven by order wins, regulatory developments, project updates, and global cues. Here is a detailed, fact-based breakdown of stocks likely to remain in focus today.

Coal India Limited
Coal India has received a Letter of Award (LoA) for a 750 MW Battery Energy Storage System (BESS) project in Telangana worth ₹1,057.09 crore. The development marks its continued diversification into renewable and storage infrastructure.

NTPC Limited
NTPC’s board has approved investments of ₹5,822 crore for a 4.7 GW BESS project and ₹3,174 crore for Phase II of a joint ventureindicating a strong push toward energy transition and capacity expansion.

Oil and Natural Gas Corporation (ONGC)
ONGC has commenced gas monetisation from the Daman Upside Development Projectwhich could contribute to incremental production.

Tata Motors Limited (TaMo PV)
The company clarified that Jaguar Land Rover (JLR) unit disruptions are limited to certain production lines and are not expected to have a material impact overall.

Metals Sector Triggered by Global Developments

Aluminium companies may remain in focus after reports of Iran-linked strikes on aluminium facilities in Bahrain and the UAEpotentially impacting global supply dynamics and price movements.

Thermax Limited
Thermax has secured a ₹1,600 crore order for an 800 MW ultra-supercritical thermal power plantstrengthening its order book.

Defence Sector Momentum

Defence stocks could see interest after the Defence Acquisition Council cleared proposals worth ₹2.38 lakh crore.indicating long-term procurement visibility for domestic players.

India Cements Limited
The company has received NCLT approval for its scheme of arrangementwith filing completed with the Registrar of Companies.

Oberoi Realty Limited
Oberoi Realty has entered a redevelopment agreement in Mumbaiwith a free sale area of approximately 1.40 lakh sq ft.

Dalmia Bharat Limited
A kiln breakdown has been resolved, but sales volume impact of 2.5–3 lakh tonnes has been reported.

KNR Constructions Limited
Received LoA for a ₹1,734 crore HAM project.

Ceigall India Limited
Awarded a ₹603 crore HAM project.

GR Infraprojects Limited
Secured an order worth ₹413 crore from NTPC and emerged as the lowest bidder for a ₹1,454 crore project.

Dilip Buildcon Limited
Received LoA for a ₹698.5 crore project from the Gujarat government.

Titagarh Rail Systems Limited
Bagged a ₹226 crore order for 720 wagons from JSW Port Logistics.

RailTel Corporation of India Limited
Secured orders worth ₹457 croreindicating steady business traction.

Federal Bank Limited
Received an income tax refund communication of ₹323 crore for AY17which could positively impact financials.

Jubilant FoodWorks Limited
Operations at some outlets are constrained due to LPG shortages.

Urban Company
Its InstaHelp segment has crossed 10 lakh monthly delivered bookings in Marchindicating demand growth.

EPL Limited
Plans to merge with Indovida at a combined valuation of $2 billioncreating a larger packaging entity.

CMS Info Systems Limited
To acquire an ATM business with 8,000 ATMs for ₹115 croreexpanding its footprint.

Avantel Limited
Bagged a ₹137 crore order from the India Meteorological Department (IMD).

Bansal Wire Industries Limited
Operations impacted by 35% since March due to natural gas supply disruptions.

Aarti Pharmalabs Limited
The US FDA issued Form 483 with one observation for Unit-IV.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

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