Airtel, Aditya Birla Capital, ITC, Indigo, Religare, and SpiceJet are stocks to keep an eye on.

Bharti Airtel: Given that Reliance Jio has already made significant buys in the 2022 auctions and Vodafone Idea is currently facing financial difficulties, the telecom giant is expected to lead the upcoming auction of eight spectrum bands. The date of the auction is set for May 20. It is anticipated that Bharti Airtel will extend its licenses for 42MHz of spectrum in six circles, spanning the 1800MHz and 900MHz bands. Analysts estimate that the telecom business will spend ₹3,800 crore at the reserve rates announced by the government.

Aditya Birla Capital: On Monday, Aditya Birla Capital declared its intention to combine with Aditya Birla Finance, a subsidiary. By taking this action, the unlisted subsidiary can get around the RBI's (Reserve Bank of India) requirement for public listing. Aditya Birla Capital is a publicly traded company, but by September 2025, the RBI has mandated that all 15 of the top-tier non-bank lenders be listed on a public exchange. Aditya Birla Finance is one of these subsidiaries. The subsidiary will no longer need to be listed separately following the merger with the parent firm.

ITC: According to two people familiar with the matter, British American Tobacco is allegedly preparing for the highly-anticipated sale of its interest in ITC within the next two weeks. According to the sources, the corporation plans to sell a 4% stake in the Indian company for ₹380–390 per share, a 5-8% discount from Monday's closing price of ₹409. The deal is projected to be the biggest block deal since 2021 and will contain about 499 million shares valued at about ₹20,000 crore (just over $2.4 billion). According to the previously cited sources, ICICI Prudential Mutual Fund and O3 Securities may be interested in purchasing ITC shares.

InterGlobe Aviation: On Monday, in a block sale on the BSE, IndiGo co-founder Rakesh Gangwal sold a larger-than-anticipated 5.8% interest in the airline's parent business, InterGlobe Aviation. This deal is a part of Gangwal and his family's ongoing divestiture strategy, which shows a progressive decline in their stake in the business. On Monday, Gangwal disposed of 22.5 million InterGlobe Aviation shares, realizing a total of ₹6,785.7 crore at an average price of ₹3,015.88 per share. Gangwal's stake in the business has decreased to 6% as a result of this sale, making the promoter group's ownership of InterGlobe Aviation 57.3%.

Religare Enterprises: After a 12-year partnership with the Delhi-based financial services company, the International Finance Corporation (IFC), the World Bank's private finance section, has sold its remaining interest in Religare Enterprises. This occurs in the midst of an extended battle for control of Religare's business between the Burman family and the management team. Religare disclosed that between January 29 and February 2, the IFC sold its 2.42% ownership in the business. The timing of the IFC's stake sale is consistent with a declaration made by the Burmans on January 31, even though the buyer of the shares is still unknown. The Burmans declared that they had increased their ownership of Religare to 25.18% by acquiring a 4% share.

SpiceJet: Two senior executives of SpiceJet have quit in the midst of the airline's efforts to recover. The Chief Operating Officer Arun Kashyap and Chief Commercial Officer Shilpa Bhatia are scheduled to depart the business on March 31. There are rumors that Bhatia and Kashyap intend to start their own charter airline. A separate judgment from the Delhi High Court has been followed by SpiceJet, which is to return a leased engine to its lessor, Engine Lease Finance BV, located in Brussels, Belgium. After the airline and the lessor could not reach an agreement, the engine was returned by March 5, well in advance of the court's deadline of March 10.

Indian Oil Corporation: According to those with knowledge, the corporation plans to release an updated tender by the end of March for its first green hydrogen facility in Panipat. Different provisions would be included in the re-tendering process, according to a senior IOCL official. The Right of First Refusal (ROFR) provision led to the cancellation of the prior tender. The official stated that after the upcoming hearing on March 28th, the bids would be reissued. Following a lawsuit brought by multiple renewable energy businesses accusing IOC of manipulating the bidding rules to benefit a joint venture that included itself, IOCL was forced to terminate its tender.