Stocks to Watch for March 24: Energy stocks, HDFC Bank, Indigo, Coal India and more

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From Balkrishna Industries Limited’s ₹750 crore NCD issuance to GR Infraprojects Ltd securing a ₹2,440.87 crore NHAI order, these are among the key stocks to watch ahead of Tuesday’s trading session.

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HDFC Bank | The SEBI chief Tuhin Kanta Pandey underscored the importance of institutional processes and transparency at the board level. Commenting on the resignation of HDFC Bank’s Chairman, Atanu Chakraborty, he noted that independent directors are required to adhere to a defined code of conduct and that any concerns must be formally recorded in the minutes of board meetings.

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Energy stocks | Stocks sensitive to movement in crude oil prices will be the important ones to monitor on Tuesday, as crude is most likely to ease after US President Donald Trump decides to pause strikes on Iran’s energy infrastructure.

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Balkrishna Industries | The firm said its finance committee has approved the issuance of 75,000 rated, listed, unsecured, redeemable non-convertible debentures (NCDs) of ₹1 lakh each, aggregating up to ₹750 crore, on a private placement basis.

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GR Infraprojects Ltd | The infrastructure company said it has received a Letter of Award (LOA) from the Highways Authority of India (NHAI) for a ₹2,440.87 crore highway project in Bihar.

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GOCL Corporation Ltd | The Hinduja Group firm said it has approved the early monetisation of its land at Yelahanka, Bengaluru, known as the Ecopolis project. The project covers approximately 38 acres under a joint development agreement with Hinduja Realty Ventures Ltd (HRVL).

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NBCC (India) Ltd | The state-owned firm said it has received a work order worth approximately ₹58.61 crore from Maharaja Sriram Chandra Bhanja Deo University, Baripada, Mayurbhanj, Odisha. The order has been awarded in the ordinary course of business and pertains to project management consultancy services.

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