Stocks to watch: Tata Motors, IndusInd Bank, Dr Reddy’s, KEC International, TCS among shares to remain in focus today

Here’s a quick look at stocks likely to be in focus in today's trade.

Tata Motors

Tata Motors Limited has announced its plan to appoint Deloitte Haskins & Sells LLP as its statutory auditors starting from the financial year 2027-28, pending completion of all regulatory requirements. The current auditors, BSR & Co LLP, will continue their duties until the end of the financial year 2026-27.

IndusInd Bank

Over recent years, IndusInd Bank has faced scrutiny due to accounting discrepancies in its derivatives portfolio, leading to a 2.35% reduction in net worth as of December 2024. In response, the Reserve Bank of India (RBI) has assured depositors that the bank remains well-capitalized and financially stable. The bank has engaged an external audit team to review its systems and assess the actual impact promptly. Despite these challenges, HDFC Mutual Fund increased its stake in IndusInd Bank by 0.20% on March 11, bringing its total shareholding to 5.02%. Additionally, the RBI granted a one-year extension to IndusInd Bank's CEO, Sumant Kathpalia, instead of the three-year term recommended by the bank's board. This decision comes amid the bank's ongoing financial challenges.

Dr Reddy's

Dr. Reddy's has initiated a nationwide recall in the US for Levetiracetam in 0.75% sodium chloride injection due to incorrect labeling on the infusion bags.

Zydus Life

Zydus Lifesciences has secured final approval from the U.S. Food and Drug Administration (USFDA) to produce Eluxadoline Tablets in 75 mg and 100 mg strengths.

KEC International

KEC International, a prominent infrastructure EPC company, has secured new orders totaling ₹1,445 crore in the Transmission & Distribution (T&D) sector in India. With these additions, KEC's year-to-date (YTD) order intake has reached ₹20,600 crore, marking an 80% increase compared to the same period last year.

Voltas

The Board has appointed K.V. Sridhar as the Chief Financial Officer (CFO) of the company, effective April 1, 2025, succeeding Jitender Pal Verma upon his retirement. Additionally, the Board has approved transferring the company's overseas branches in Dubai and Abu Dhabi to its subsidiary, Universal MEP Contracting LLC, Dubai, UAE, for a consideration between ₹45 crore and ₹70 crore.

KPIT Technologies

Qualcomm Ventures LLC is poised to become the third shareholder in Qorix GmbH, joining KPIT Technologies and ZF Group, with an investment option of up to €10 million.

Tata Consultancy Services

Tata Consultancy Services (TCS) has appointed Sudeep Kunnumal as the Chief Human Resources Officer (CHRO) Designate, effective March 14, 2025. He will assume the role of CHRO upon the retirement of Milind Lakkad.

Tejas Networks

Tejas Networks has received an incentive of ₹123.45 crore for the fiscal year 2023-24 under the government's Production-Linked Incentive (PLI) scheme for telecom and networking products.

Galaxy Surfactants

Galaxy Surfactants, a specialty chemicals manufacturer, has announced an interim dividend of ₹18 per equity share, representing 180% of the face value. The record date for this dividend is set for March 20, 2025, with payment to be made within 30 days of declaration.

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