Edition 33 | March 8, 2026 (Sunday)
Compiled by Bulls on Fire
Weekly Market Summary:
Key stock market developments, major corporate orders, capital raising updates, top gainers and decliners, and macro insights shaping Indian equities this week.
15 Key News Headlines of the Week:
1. HEC Infra Projects and Advait Energy Transitions secured a ₹100 crore turnkey order from Dakshin Gujarat Vij Company for the installation of 11 KV covered conductors under the Kishan Suryodaya Yojana.
2. Supreme Power Equipment’s subsidiary Danya Electric won a ₹18.23 crore order from Tamil Nadu Power Distribution Corporation to supply distribution transformers.
3. Chandan Healthcare received a 10-year PPP project from Punjab Health Systems Corporation to develop and operate advanced radiology diagnostic centres in district hospitals.
4. Patil Automation’s subsidiary MII Robotics secured multiple domestic orders worth ₹12.67 crore for automatic robotics production lines used in defence manufacturing.
5. Steel Exchange India announced plans to raise ₹350 crore through a preferential issue, with IMR Group committing ₹300 crore through share warrants.
6. Tata Motors continues to see strong demand for SUVs and electric vehicles in India, while improving profitability at Jaguar Land Rover is supporting its global business performance.
7. Univastu India strengthened its order book beyond ₹1,000 crore after securing major infrastructure contracts from L&T and IRCON, alongside growth in revenue and profits.
8. Aartech Solonics secured key orders from several Indian public sector undertakings and expanded exports to Oman, Qatar and Africa, highlighting its expanding international footprint.
9. Morgan Stanley downgraded Indian equities to “Equal Weight”, citing relatively high market valuations, potential oil supply risks and broader global macro uncertainties.
10. Russian crude oil is now trading at a premium, which could impact margins of Indian oil marketing companies including HPCL, BPCL and IOCL.
11. Broader markets continued to face pressure with mid-cap stocks declining around 7% and small-caps about 16%, as some investors shifted allocations toward relatively safer instruments like fixed deposits and PPF.
12. Foreign portfolio investors significantly increased selling in Indian IT stocks in February 2026, with total outflows reaching approximately ₹16,949 crore.
13. YES Bank appointed Vinay Muralidhar Tonse as Managing Director and CEO (Designate), with his tenure scheduled to begin on April 6, 2026.
14. Ramky Infrastructure secured a ₹1,402 crore order from Maharashtra Industrial Township, strengthening its project pipeline and infrastructure portfolio.
15. Hindalco announced plans to invest up to $14 billion globally across India and the United States through its subsidiary Novelis, while also exploring aerospace opportunities with Embraer.
Summary of Key Headlines:
Infrastructure orders, strategic capital raising, and global expansion plans dominated corporate news this week. Several companies secured project contracts across power, healthcare and robotics sectors, while global factors such as rising crude prices, foreign investor selling in IT stocks and valuation concerns influenced broader market sentiment.
Advancing and Declining Stocks:
| Stock Name | Weekly Change % | Volume |
|---|---|---|
| Eco Hotels and Resorts | 70.0% | 825 |
| Kalana Ispat Ltd. | 56.4% | 80,000 |
| True Green Bio Energy | 51.8% | 95,053 |
| Greenchef Appliances | 38.4% | 168.8K |
| Laxmipati Engineering | 35.3% | 5,500 |
| Disha Resources Ltd. | -13.9% | 118K |
| SBEC Sugar Ltd. | -13.9% | 1,192 |
| Newjaisa Technologies | -14.0% | 43,500 |
| Jupiter Infomedia Ltd. | -14.1% | 29,777 |
| TAC Infosec Ltd. | -14.1% | 75,600 |
See you next week for more updates in Bull‘s Talk’s
