Power Deals, Fuel Surcharges, Global Expansion Put Key Indian Stocks in Focus

Stocks To Watch Today: Power Deals, Fuel Surcharges, and Global Expansion Put Key Indian Shares in Focus | Business Viewpoint Magazine

Indian equities are expected to open higher Monday as corporate announcements from major companies including JSW Steel, Adani Power and InterGlobe Aviation drive investor attention across energy, aviation, infrastructure and metals sectors, making them key Stocks To Watch Today.

Market Signals Positive Start For Benchmark Indices

Indian stock markets are poised for a positive start Monday after futures linked to the benchmark NIFTY50 index indicate a higher opening. Market data suggests the index could rise by about 57 points at the start of trading.

Investors are closely tracking corporate announcements and project developments that may influence sectoral momentum during the trading session. Several large-cap companies across power, aviation, metals, renewable energy and infrastructure sectors issued updates over the weekend, placing their shares among the top Stocks To Watch Today on Dalal Street.

Energy And Infrastructure Deals Draw Investor Attention

Shares of Adani Power are expected to be in focus after the company said it received a Letter of Award from Maharashtra State Electricity Distribution Company Ltd. for the supply of 1,600 megawatts of electricity, making it one of the major Stocks To Watch Today in the power sector.

The supply will come from one of the company’s upcoming ultra-supercritical thermal power projects. The award strengthens the company’s long-term power supply portfolio and expands its presence in Maharashtra’s electricity market.

Infrastructure developer Ramky Infrastructure also announced the signing of a concession agreement through its subsidiary to build a high-tech pharmaceutical park at the Dighi Port Industrial Area in Maharashtra’s Raigad district.

Meanwhile, water technology firm VA Tech Wabag secured a contract to develop a looped water transmission network in Chennai under a climate resilience water security project. The project is funded by the Asian Development Bank and aims to improve water supply reliability across the city.

Renewable energy company Waaree Energies said it will establish a 10 gigawatt integrated ingot and wafer manufacturing facility in Nagpur. The plant will produce solar ingots and wafers and is expected to strengthen India’s domestic solar manufacturing supply chain.

Company officials described the facility as a major step toward reducing dependence on imported solar components.

Aviation, Metals And Pharma Updates Shape Market Outlook

In the aviation sector, InterGlobe Aviation, which operates the IndiGo airline, introduced a fuel charge on domestic and international flights beginning March 14.

The company said the surcharge was introduced following a sharp rise in aviation turbine fuel prices linked to geopolitical tensions in the Middle East. Industry data indicates regional jet fuel prices have increased by more than 85 percent in recent months.

“Fuel represents a significant portion of airline operating costs,” the company said in a statement, adding that the surcharge was kept relatively small to reduce the burden on passengers.

Metals producer JSW Steel announced a coking coal mining project in Mozambique’s Moatize coal basin. The Minas de Revuboè project is expected to provide access to reserves of premium hard coking coal used in steel production.

Aluminum major Hindalco Industries said it has not halted operations at its aluminum extrusions business, responding to speculation about supply disruptions linked to force majeure claims by some gas suppliers.

Pharmaceutical firm Zydus Lifesciences reported that its drug Desidustat received approval in China for the treatment of renal anemia. The approval was granted by China’s National Medical Products Administration.

Energy distributor Adani Total Gas also announced a price reduction for excess natural gas supplied to certain industrial customers, lowering the rate to ₹82.95 per standard cubic meter from ₹119.90.

Separately, mining company Vedanta Ltd. plans to raise ₹2,575 crore through a non-convertible debenture issue after strong demand from institutional investors, adding it to the broader list of Stocks To Watch Today across sectors.

In the banking sector, the proposed strategic sale of IDBI Bank may be scrapped after financial bids reportedly came in below the reserve price set by the government and the Life Insurance Corporation of India.

Market participants said these developments could influence sector-specific trading activity throughout the session.