Stocks To Watch Today: L&T, Reliance, NCC & IRCON - List

The Indian stock market has been on a strong upward trajectory, marking five consecutive sessions of gains. On Friday, March 22, 2025, the NSE Nifty 50 rose by 0.69% to close at 23,350, while the BSE Sensex surged by 0.73% to finish at 76,905.51. Here’s take a look at the stocks which will be in focus. 

Stocks To Watch Today 

L&T
Larsen & Toubro (L&T) has announced the elevation of Subramanian Sarma as Deputy Managing Director and President, effective April 2, 2025.

Reliance
Reliance Industries' subsidiary, Nauyaan Tradings (NTPL), has successfully acquired a 74% equity stake in Nauyaan Shipyard (NSPL) from Welspun Corp for Rs 382.73 crore. This acquisition consolidates Reliance's presence in the shipbuilding sector, enhancing its capabilities and market footprint.

NCC
NCC, a prominent player in the infrastructure sector, has secured a significant Letter of Award (LoA) worth Rs 1,480.34 crore from Bihar Medical Services and Infrastructure Corporation. This project is set to bolster NCC's portfolio in the healthcare infrastructure segment.

Godrej Properties
In a strategic move, Godrej Properties has acquired a sprawling 10-acre land parcel in Yelahanka, Bengaluru. This acquisition strengthens Godrej's foothold in the lucrative Bengaluru real estate market with an estimated developable area of 1.5 million square feet and a revenue potential of Rs 2,500 crore.

IRCON
IRCON International faces a legal challenge as Conarch Associates initiates a Rs 158.89 crore claim in the Arbitral Tribunal. This claim relates to a railway project involving the supply of track ballast, highlighting ongoing legal complexities in major infrastructure projects.

NMDC 
Mining giant NMDC has resumed full-fledged operations following a temporary slowdown due to wage settlement disputes. This development is expected to stabilize production levels and support the company's growth trajectory in the mining sector.

IDBI Bank 
IDBI Bank has been penalised by the Reserve Bank of India with a fine of Rs 36.30 lakh for lapses in conducting due diligence related to foreign exchange transactions. This regulatory action underscores the importance of stringent compliance measures in banking operations.