Stocks in Focus: Dr Reddy’s, DCX Systems, Garden Reach, and Others

The GIFT Nifty futures, which are an early indicator of the Nifty50 index stocks, were trading lower by 249 points at 24,605, indicating that the domestic benchmark indices are likely to make a negative start on Friday. 

Earlier on Thursday, 5 March, the domestic benchmark indices S&P BSE Sensex surged by 899 points or 1.14%, and settled at 80,015, while the Nifty50 traded 1.17% lower or 285 points, closing at 24,766.

Here are some stocks that are likely to remain in focus on 6 March.

Dr Reddy’s Laboratories: Dr Reddy’s Laboratories has received the Establishment Inspection Report (EIR) from the US Food and Drug Administration (USFDA) for its formulations manufacturing facility in Srikakulam, Andhra Pradesh. The regulator classified the inspection outcome as Voluntary Action Indicated (VAI) and officially closed the inspection.

DCX Systems: DCX Systems has secured a purchase order worth Rs 68.05 crore (including GST) from Hindustan Aeronautics Limited (HAL). The contract involves the manufacture and supply of customised antennas and power supply units for airborne applications, further strengthening the company’s presence in defence and aerospace electronics.

SAMHI Hotels: SAMHI Hotels will acquire a 70% stake in experiential hospitality platform RARE India for Rs 47.39 crore, marking its entry into the experiential leisure segment through an asset-light investment strategy. The company’s board approved the investment on 5 March. The acquisition will be completed in two phases, involving a primary capital infusion and the purchase of partnership interests from existing partners.

Garden Reach Shipbuilders: Garden Reach Shipbuilders & Engineers (GRSE) has signed a memorandum of understanding (MoU) with Kalyani Strategic Systems Limited (KSSL), a subsidiary of Bharat Forge. The agreement, signed on 5 March, 2026, aims to jointly develop and promote indigenous solutions for advanced naval systems and maritime technologies, strengthening strategic capabilities for both domestic and global markets.

Shilpa Medicare: Shilpa Medicare announced that the National Company Law Tribunal (NCLT) Bengaluru Bench has approved the merger of its wholly owned subsidiary, Shilpa Therapeutics Private Ltd, with the parent company. According to the tribunal’s order dated 27 February 2026, the merger will take effect after the company obtains certified copies of the order, files them with the Registrar of Companies, and fulfils other conditions outlined in the scheme.

JK Tyre: JK Tyre & Industries is expanding into the power generation sector through two strategic investments. The company will invest Rs 1.53 crore to acquire a 26% equity stake in Fourth Partner Energy Private Limited (FPEL) and Rs 5.04 crore to acquire a 26% stake in Sunpulse Power Limited (SPPL). Both transactions will be carried out in cash and signal the company’s entry into renewable as well as conventional power ventures.

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