Stocks to Watch for March 18: Tata Steel, Tech Mahindra, Varun Beverages, Wipro and more

By Admin

18 Mar, 2026

As Dalal Street gears up for Wednesday’s trading session, several key stocks are expected to remain in focus due to strategic announcements, acquisitions, regulatory updates, and dividend declarations. From expansion moves to policy-driven impacts, these developments could influence market sentiment and stock-specific action.

Here’s a detailed look at the top stocks to watch today 👇

🏭 Tata Steel: Expansion, Merger & Healthcare Bet

 is making headlines after its board approved multiple strategic decisions. These include:

• Amalgamation of its wholly-owned subsidiary Neelachal Ispat Nigam Ltd (NINL)
  
  

• A significant equity infusion into its overseas subsidiary
  
  

• Full acquisition of Medica TS Hospital in Odisha
  
  

These moves highlight Tata Steel’s focus on consolidation, global strengthening, and diversification into healthcare.

💻 Tech Mahindra: Expanding Global Footprint

 announced that its wholly-owned subsidiary Tech Mahindra London Limited (TMLL) has signed a share sale agreement with Midad Company Ltd.

The deal involves acquiring a 20% stake in Tech Mahindra Arabia Ltd, strengthening its presence in the Middle East and boosting regional growth prospects.

🥤 Varun Beverages: South Africa Expansion

 continues its global expansion strategy.

Its South Africa-based subsidiary The Beverage Company (Bevco) has entered into an agreement to acquire 100% stake in Crickley Dairy Proprietary Ltd.

• 💰 Deal Value: ZAR 238 million (~₹131.47 crore)
  
  

This acquisition strengthens its footprint in Africa and diversifies its product portfolio.

🤖 Wipro: AI Collaboration Boost

as partnered with Harness, a software delivery platform, to accelerate AI-native software development.

The collaboration aims to improve:

• Speed of deployment
  
  

• Reliability
  
  

• Governance in enterprise software delivery
  
  

This aligns with the growing global demand for AI-driven solutions.

🏗️ Shree Cement: Mining Opportunity Win

 has been declared the preferred bidder for the Dommarnandyala-1 limestone block in Andhra Pradesh.

This win ensures raw material security and supports long-term capacity expansion.

⚕️ Aurobindo Pharma: Regulatory Concern

 faces regulatory pressure after the US FDA classified Unit-II of Eugia Pharma Specialities Ltd as ‘Official Action Indicated (OAI)’.

This classification could impact exports and may weigh on investor sentiment.

🚧 Ceigall India: Infrastructure Boost

has emerged as the lowest (L1) bidder for two Punjab Infrastructure Development Board projects.

• Project Values: ₹108 crore and ₹99 crore
  
  

This strengthens its order book and growth outlook.

🌿 India Glycols: Dividend Announcement

 has announced an interim dividend of ₹7.5 per share for FY 2025–26.

• 💹 Dividend Yield: 150% of face value (₹5)
  
  

This move signals strong financial health and shareholder returns.

🛢️ Tamilnadu Petroproducts: Temporary Shutdown

as temporarily shut its HCD plant.

The decision follows a government directive prioritizing crude-based petroleum products for LPG production, reflecting policy-driven operational adjustments.