Stocks in Focus: KEC International, Wipro, and Others

The GIFT Nifty futures, which are an early indicator of the Nifty50 index stocks, were trading lower by 125 points at 23,813, indicating that the domestic benchmark indices are likely to make a terrible start on Thursday. 

Earlier on Wednesday, 11 March, the domestic benchmark indices S&P BSE Sensex crashed by 1,342 points or 1.72%, and settled at 76,863, while the Nifty50 traded 1.63% lower or 394 points, closing at 23,866.

Here are some stocks that are likely to remain in focus on 12 March.

KEC International: The RPG Group company secured new orders worth Rs 1,476 crore for transmission and distribution projects across India, the Middle East, Africa, and the Americas. With these additions, its total order intake for the year so far has reached Rs 22,800 crore.

Wipro: The company signed a multi-year contract to provide business and technology modernisation services for TruStage’s retirement services business. TruStage is an insurance and financial services provider headquartered in Madison, Wisconsin.

Samvardhana Motherson International: The company signed a Share Purchase Agreement to acquire a 100% stake in Yutaka Autoparts India. This move forms part of the transaction steps the company disclosed on 29 August, 2025, to acquire, through its subsidiary Motherson Global Investments BV, an 81% equity stake in Yutaka Giken Co Ltd and an 11% stake in Shinnichi Kogyo. Yutaka Giken currently holds a 62% stake in Shinnichi Kogyo.

Vascon Engineers: The company secured a work order worth Rs 115.9 crore from the Ahmedabad Municipal Corporation for the development of Lotus Park. It must complete the project within 24 months from the date of receiving the work order.

Borosil: Oil marketing companies (OMCs) have restricted the supply of LPG due to a force majeure situation caused by the ongoing conflict in the Middle East and its impact on global fuel supplies.

Redington: The Commissioner of Income Tax (Appeals) issued a favourable ruling for the company, cancelling a tax demand of Rs 230.21 crore out of the total Rs 233.66 crore raised by the Assessing Officer for the Assessment Year 2020–21.

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