Mid-Day Stock Watch on March 22

Hours since the markets opened today, after a careful observation of stocks' movements and analysis, we find these below mentioned five stocks worth watching during rest half of the day.

a) Borosil Glass Works: Borosil Glass Works is in focus on investment in its wholly owned arm. The company made an investment of Rs 22 crore by way of subscription in 6 per cent optionally convertible non-cumulative redeemable preference shares in Hopewell Tableware.

b) Rajesh Exports: Rajesh Exports has secured Rs 1045 crore export order from Singapore. The company will provide designer range of gold and diamond-studded jewellery and medallions from Singapore. It will manufacture won order from its facility in Bengaluru and to be completed by May 31.

c) Indiabulls Real Estate: Indiabulls Real Estate received environment nod from Maharashtra government for its proposed Rs 678 crore residential project in Thane. The company is planning a residential complex consisting 1469 flats for sale.

d) Reliance Defence and Engineering: Reliance Defence and Engineering, formerly known as Pipavav Defence, is targeting domestic naval business in excess of Rs 20000 crore in the next few years. The share price will be in limelight throughout the day.

e) Wonderla Holidays: Wonderla Holidays announced inauguration date for its Hyderabad amusement park in third week of April. The company invested about Rs 250 crore for the park. Its Hyderabad park is spread over 50 acres. The stock will be in focus on the launching new park.