Stocks to Watch, March 12: Wipro, Bharat Forge, Adani Enterprises, oil-linked stocks, Borosil, Jubilant Food, Relaxo Footwears Shares of Wipro will be closely monitored on Thursday, March 12, following the company’s announcement of a multi-year contract with US-based insurance and financial services firm TruStage. The agreement focuses on modernizing TruStage’s retirement services business through integrated business and technology solutions, aiming to enhance digital experiences and operational efficiencies. The domestic stock market is anticipated to open lower on Thursday, with NIFTY50 futures indicating an opening decline of 212 points. This suggests a cautious outlook for investors amid mixed economic signals. Indo Tech Transformers reported the cancellation of a ₹64.99 crore order for six transformers from its customer Renew Wind Energy (JAMB) Private Limited. The order, initially announced in January 2026, is now void, impacting the company’s revenue projections. Ashok Leyland, part of the Hinduja Group, announced plans to invest up to ₹500 crore in a greenfield battery pack manufacturing facility near Chennai. The project, part of an earlier MOU signed in September 2025, involves a groundbreaking ceremony and is expected to boost the company’s presence in the electric vehicle supply chain. KEC International secured new orders worth ₹1,476 crore for transmission and distribution projects across India, the Middle East, Africa, and the Americas. These include 380 kV transmission lines and substations in Saudi Arabia, as well as 132 kV projects in Africa, alongside infrastructure contracts in India and the Americas. Borosil Ltd disclosed that supply restrictions on LPG have affected production at its Jaipur facilities due to a force majeure caused by the Middle East conflict.#nifty50 #wipro #trustage #renew_wind_energy #ashok_leyland
