Stocks To Watch Today on March 11, 2025: IndusInd Bank, Gensol Engineering, BEL & More in Focus
On March 11, 2025, the Indian benchmark indices Sensex and Nifty 50 are likely to open lower, following a decline in global markets. Check out a few stocks that might be in focus during the trading session.
Here are the key stocks to watch today on March 11, 2025:
Gensol Engineering announced that the company’s promoters are set to infuse ₹28.99 crore into the company by converting warrants into equity. The conversion will result in 4,43,934 equity shares being issued at ₹871 per share.
IndusInd Bank disclosed a 2.35% negative post-tax impact on net worth due to markdowns on internal derivative trades. Based on Q3FY25 results, the estimated impact is around ₹1,530 crore, exceeding the ₹1,401.3 crore net profit reported for the quarter. The reversal is expected through net interest income (NII) in Q4FY25.
Syngene International has acquired its first biologics facility in the USA through its wholly-owned subsidiary, Syngene USA Inc. This acquisition, from Emergent Manufacturing Operations Baltimore, LLC, will expand Syngene’s bioreactor capacity to 50,000L for large molecule research and manufacturing. Additionally, the company announced an investment of up to $56 million in Syngene USA Inc. in multiple tranches.
NAPS Global, an SME IPO, is set to debut on the BSE SME platform today.
BEL has received additional orders worth ₹843 crore since March 6, 2025. This brings the company’s total order inflow for FY25 to ₹14,567 crore.
Firstsource Solutions has revised its FY25 revenue growth guidance in constant currency to 21.8%–22.3%, up from the previous range of 19.5%–20.5%.
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