Thursday, August 6, 2026

Stocks to Watch for March 16: IndiGo, Jindal Stainless, GMR Airports, Voltas and more

Date:

Industrial stainless steel manufacturing plant with large furnaces and pipelines, symbolising production disruptions due to fuel shortages and supply chain challenges.

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Jindal Stainless | The company said the West Asia war has disrupted its operations due to fuel shortages and shipping delays. Limited availability of industrial gases such as propane/LPG and natural gas has forced plants to operate at rationalised capacity. Vessel diversions and longer transit times have also strained supply chains.

SEAMEC share price

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SEAMEC Ltd | The company, in consortium with Supreme Hydro Private Ltd, secured a ₹410.74 crore contract from Oil and Natural Gas Corporation for operation and maintenance of the MSV Samudra Sevak vessel. The contract spans 738 days for 2026–2028 and will commence within 60 days.

Cargo terminal at a major international airport with freight containers, loading equipment and aircraft in the background, representing airport cargo operations and logistics infrastructure.

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GMR Airports Ltd | The company won the bid from Delhi International Airport Ltd to upgrade, modernise and operate Cargo Terminal-1 at Indira Gandhi International Airport, New Delhi. The concession will run on a revenue-share model until 2036, with first full-year revenue share estimated at about ₹340 crore.

Commercial passenger aircraft on airport runway with fuel tanker nearby, symbolising rising aviation fuel costs and airlines introducing fuel surcharges.

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IndiGo | The airline will introduce a fuel surcharge from March 14, 2026, citing an 85%+ surge in jet fuel prices amid West Asia geopolitical tensions. Charges will range from ₹425 on domestic and Indian subcontinent routes to ₹2,300 on Europe routes. IndiGo said the moderate surcharge aims to balance rising costs while maintaining affordable air travel.

Corporate office building with financial documents and tax files being reviewed by officials, representing a GST inspection at a company’s office.

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Voltas Ltd | The Assistant Commissioner of State Tax, Investigation A, Mumbai, initiated a GST inspection at the company’s Chinchpokli office on March 12 under the Maharashtra GST Act, 2017. The inspection relates to GST records for Maharashtra. Voltas said it is cooperating with authorities and that the proceedings currently have no material impact on its operations or financials.

High-voltage electrical substation with transmission towers and power lines, representing a large-scale power transmission infrastructure project.

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Bajel Projects Ltd | The company secured an EPC order worth over ₹700 crore from Maharashtra State Electricity Transmission Company Ltd to build a 400/220 kV AIS substation at Saswad in Pune district, along with associated transmission lines. The project, the company’s largest transmission contract, is expected to be completed within 23 months.

Frames Infra share price

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Ramky Infrastructure Ltd | The company’s arm, Maha Integrated Life Sciences City Ltd, signed a ₹3,000 crore concession agreement with Maharashtra Industrial Development Corporation to develop a High-Tech Pharmaceutical Park at Dighi Port Industrial Area in Maharashtra. The PPP project will follow the DBFOT model with a 95-year concession period, including a five-year construction phase.

Dilip Buildcon share price, Dilip Buildcon stock, Dilip Buildcon shares, Dilip Buildcon, Dilip Buildcon order win, Dilip Buildcon wins order, Dilip Buildcon rs 3400 crore order,

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Dilip Buildcon Limited has been declared the lowest (L1) bidder for a road construction project worth ₹160.20 crore, excluding GST, the company said on March 14. The project involves the construction of a diversion road from 4/700 km to 11/500 km of the Duduka–Gopalpur–Toparia Road, a six-lane corridor with a service road, in Sundargarh district of Odisha.

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Fino Payments Bank reported a record ₹2,900 crore in deposits as of March 13, adding 1.5 lakh new accounts since February 27. Q3 FY26 net profit fell 47% year-on-year.

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VA Tech Wabag | JV secures ADB-funded mega order from Chennai Metropolitan Water Supply and Sewerage Board to build Chennai city-wide looped water grid.

(Photo Credit : Pixabay)

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PN Gadgil Jewellers | The company has opened a new store under Franchise Owned, Company Operated (‘FOCO’) Model at Panchami Heights, Sawantwadi, Sindhudurg, Maharashtra today i.e. March 14, 2026. Accordingly, the total number of stores now stands at 71.

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Aster DM Healthcare | The company reported a revenue loss of ₹17.69 crore from March 8-13, 2026, due to the nurse strike. Subject to the Kerala HC’s directive, operations are expected to resume by March 19, 2026, with potential additional losses not exceeding ₹5.33 crore.

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Ola Electric Mobility | Ola Electric launches the EndICEAge campaign to accelerate India’s transition from petrol-powered two-wheelers to electric mobility, offering limited-period benefits worth over ₹20,000.

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