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CNBC-TV18's top stocks to watch out for on March 23

Updated : 2020-03-23 07:15:17

The Indian markets are set to open lower on Monday following its Asian peers which are seeing a sell-off by investors as the coronavirus outbreak continues to spread rapidly across the world. At 6:45 am, the SGX Nifty was trading 1,087.15 points or 12.42 percent lower at 7,667.25, indicating a negative start for the Sensex and Nifty50.

Maruti Suzuki: The country’s largest passenger car manufacturer has stopped all operations at its Haryana facilities immediate effect till further notice as a precaution against the spread of COVID-19. The R&D centre at Rohtak will also remain closed. The duration of this shutdown will depend upon Government policy, it said. (Image: Reuters)
Maruti Suzuki: The country’s largest passenger car manufacturer has stopped all operations at its Haryana facilities immediate effect till further notice as a precaution against the spread of COVID-19. The R&D centre at Rohtak will also remain closed. The duration of this shutdown will depend upon Government policy, it said. (Image: Reuters)
Tata Motors: The company has started rapidly scaling down operations at its Pune plant and is being ready for plant closure by March 24, if the situation warrants. (Image: Reuters)
Tata Motors: The company has started rapidly scaling down operations at its Pune plant and is being ready for plant closure by March 24, if the situation warrants. (Image: Reuters)
Hero MotoCorp: In the wake of rapid spread of coronavirus, the largest two-wheeler manufacturer has decided to shut all operations at India, Columbia, Bangladesh with immediate effect. The company has put all manufacturing plants on hold till March 31. (Image: Reuters)
Hero MotoCorp: In the wake of rapid spread of coronavirus, the largest two-wheeler manufacturer has decided to shut all operations at India, Columbia, Bangladesh with immediate effect. The company has put all manufacturing plants on hold till March 31. (Image: Reuters)
Eicher Motors: Royal Enfield has shut down all manufacturing and R&D facilities in India and abroad till March 31. (Image: Company)
Eicher Motors: Royal Enfield has shut down all manufacturing and R&D facilities in India and abroad till March 31. (Image: Company)
TVS Motor Company: In view of Covid-19 outbreak, the company has decided to shut operations at all its manufacturing facilities and offices for two days effective March 23. The company would take further steps after reviewing the situation, it said.
TVS Motor Company: In view of Covid-19 outbreak, the company has decided to shut operations at all its manufacturing facilities and offices for two days effective March 23. The company would take further steps after reviewing the situation, it said.
IRCTC: The company has ordered closure of all onboard catering services in mail or express trains from March 22 until further notice in view of the coronavirus outbreak.
IRCTC: The company has ordered closure of all onboard catering services in mail or express trains from March 22 until further notice in view of the coronavirus outbreak.
SBI Life Insurance Company: Gregory Zeluck has resigned as non-executive director w.e.f March 20.
SBI Life Insurance Company: Gregory Zeluck has resigned as non-executive director w.e.f March 20.
Hindustan Unilever: The company will reduce prices of sanitizers, handwash and floor cleaners by 15 percent.
Hindustan Unilever: The company will reduce prices of sanitizers, handwash and floor cleaners by 15 percent.
Godrej Consumer Products: The company has decided to reduce the price of its Godrej protekt sanitizer (50 ml bottle) to Rs 25 from Rs 75 with immediate effect.
Godrej Consumer Products: The company has decided to reduce the price of its Godrej protekt sanitizer (50 ml bottle) to Rs 25 from Rs 75 with immediate effect.
Dalmia Bharat: The company has approved a Rs 500 crore worth share buyback proposal. The company said it intends to buy not more than 71,42,857 shares at a maximum price of Rs 700 per unit.
Dalmia Bharat: The company has approved a Rs 500 crore worth share buyback proposal. The company said it intends to buy not more than 71,42,857 shares at a maximum price of Rs 700 per unit.
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