Stocks rally due to foreign investor interest
Stocks in India showed strong performance this week as foreign investors returned to the market. Investors believe that recent declines have reached their lowest point. Key companies like Adani Green, Adani Enterprises, NCC, Max Healthcare, and Godrej Properties are in the spotlight due to significant news. Last week, the Indian markets ended positively. The Nifty 50 index recorded its largest weekly gain in over four years. This growth is attributed to increased interest from foreign investors. Godrej Properties has purchased 10 acres of land in Bengaluru. This project could generate revenue of around Rs 2,500 crore. It will offer approximately 1.5 million square feet of residential space, appealing to various types of homebuyers. Adani Green Energy has launched a new 250 MW solar power project in Rajasthan. This development expands the company's renewable energy capabilities. NCC has been awarded a major contract worth Rs 1,480.34 crore for the upgrade of Darbhanga Medical College & Hospital in Bihar. This project is expected to enhance medical services in the area. Dr. Reddy’s Laboratories has completed the sale of its interests in a manufacturing facility in Louisiana, USA. This transaction was finalized on March 21, 2025. Max Healthcare has received approval for merging its two wholly-owned subsidiaries. This move aims to streamline operations and improve efficiency. Apollo Hospitals has announced plans to increase its stake in Keimed Pvt Ltd by 11.2% for Rs 625.43 crore. The company will also invest Rs 99.99 crore to support Keimed’s operations. Lastly, CG Power's subsidiary has established a new entity in China. This move is part of the company’s strategy to expand its global footprint.