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Share Market Today Highlights 3 March 2025: Sensex dipped 112.16 pts or 0.15% to 73,085.94, and Nifty 50 closed at 22,119.30, a slip of 5.40 pts or 0.02%.

March 3, 2025 | by ltcinsuranceshopper

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NLC India: Company secures 200 MW Wind Power Project from SJVN at `3.74/kWh. (Positive)

Astrazeneca: Received permission from the Central Drugs Standard Control Organisation to import lung cancer drug. (Positive)

MOIL: Price hikes taken between 6.5%-10% (Positive)

Unichem Laboratories: Company has approved the sale of a 3.40-acre land plot and an 82,220 sq. ft. building at Prabhat Estate, Mumbai for Rs 279 Cr. The buyer is Macrotech Developers Ltd (Positive)

Zen Technologies: Company completes acquisition of ARI Labs and majority stake in Applied Research International. (Positive)

Ashok Leyland: Delhi to get over 1,000 electric buses this month: Delhi Transport minister –PTI. (Positive)

Interglobe Aviation: January market share at 65.2% record high (+80bps MoM). (Positive)

TVS SCS: Company receives NSE nod for merger with five subsidiaries; awaits NCLT approval (Positive)

Great Eastern Shipping: CRISIL Ratings Limited upgraded the credit rating of Company’s Rs. 1500 crore Non-Convertible Debentures to CRISIL AAA/Stable from CRISIL AA+/Positive (Positive)

NTPC Green: Company declares commercial operation of final 18.32 MW capacity at 300 MW Shambu ki Burj-2 Solar PV Project in Rajasthan (Positive)

Servotech Renewable: Company & Chamber Of Indian MSME Signed Mou To Launch User-Friendly Mobile App, Accelerating 1 Lakh Solar Home Target By 2026 Under Pm Surya Ghar Yojana. (Positive)

AB Real: Birla Estates secures landmark booking value of approx INR 500cr for third consecutive time with Phase 3 of Birla Trimaya in Bengaluru. (Positive)

NMDC: Feb productions up 18% at 4.62MT YoY, Sales flat at 3.98MT (Positive)

M&M: Total auto sales at 83,702 units vs poll of 81,840 units (Positive)

Escorts: Total tractor sales up 11.4% at 8,590 units vs 7,709 units (YoY). (Positive)

TVS Motor: February Total sales at 4.03 Lakh units vs estimates of 3.90 Lakh units. (Positive)

Shakti Pumps: Company received a Rs. 23.91 Cr work order from Maharashtra Energy Department Agency (MEDA) for 877 solar photovoltaic water pumping systems (Positive)

Eicher Motors: February Cv Total Sales 8,092 Units Vs 7,424 Units (YoY) (Positive)

Atul Auto: February Total Sales 2,900 Units Vs 2,300 Units (YoY). (Positive)

NTPC: Company hit a record by generating 400 billion units (BU) in FY24-25 on March 1, 2025, in just 335 days—12 days faster than the previous year’s mark on March 13, 2024 (Positive)

Baazar Style Retail: Company opened two new stores, one in Baruipur, West Bengal and another in Sankatmochan, Varanasi, Uttar Pradesh. (Positive)

Metro Brands Ltd: Company declared an interim dividend of INR 3.00 per share and a special dividend of INR 14.50 per share for FY24-25. The record date is March 7, 2025 (Positive)

International Gemological: Net profit at Rs. 114 cr vs Rs 78 cr, Revenue at Rs. 265 cr vs Rs 250 cr (YoY) (Positive)

NCC Ltd: Company received a significant order worth 218.82 Crores (excluding GST) in February 2025. (Positive)

Remi Edelstahl Tubulars: Company received orders for stainless steel pipes & tubes worth approximately Rs.30.00 Cr in Feb 2025. (Positive)

Parag Milk: Income Tax Department imposes Rs 3.26 crore penalty on Company for regulatory violation. (Neutral)

Laxmi Dental: Company receives show cause notice from Income Tax Department. (Neutral)

Maruti Suzuki: February, Total sales at 1.99 Lakh units vs poll of 2.05 Lakh units. (Neutral)

Atcom Technologies: Company announced the resignation of Mr. Narendra Kumar Joshi as Company Secretary & Compliance Officer, effective March 1, 2025 (Neutral)

Transchem: Company announced the appointment of Ms. Sarita Maharao as Chief Financial Officer, effective March 1, 2025. (Neutral)

Tata Motors: Company reported total sales of 79,344 units in Feb 2025, down 9% YoY compared to 86,406 units in Feb 2024. (Neutral)

Yes Bank: Members of the bank approved the appointment of Mr. Manish Jain as a Director and Executive Director of the Bank w.e.f. December 11, 2024for a period of 3 years (Neutral)

Equitas SFB: India Rating & Research Assigned Ind A1+ rating for CDs worth Rs 250cr. (Neutral)

Rail Vikas Nigam Ltd: Company received a demand notice (DRC-07) from the Dy. Commissioner for a total demand of Rs. 29.67 Cr for FY2020-21. (Neutral)

Bayer Crop: Company received a Rs. 9.21 Million penalty order from the Maharashtra GST department related to Input Tax credit and Outward Supply GST for FY2020-21 (Neutral)

Dalmia Bharat: To add 6 MTPA capacity in the states of Maharashtra and Karnataka (Neutral)

Ultratech: Enough head room to grow’ for Cable and Wire Segment (Neutral)

Ujjivan Small Finance Bank: Completes sale of stressed loan portfolio with outstanding of ₹364.51 crore. (Neutral)

Prince Pipes: Company received a GST demand order from the Additional Commissioner, Central GST Commissionerate, and Dehradun for the financial year 2020-21. Total Amount Rs 14.46 Cr. (Neutral)

Gabriel India Ltd: Company announced the appointment of Prashanth SN as Chief Technical Officer, effective April 1, 2025. (Neutral)

Prakash Industries Ltd: CARE Ratings Ltd. assigned a credit rating of CARE BB for long-term facilities.. (Neutral)

Kirloskar Oil Engines Ltd: Company received a show cause notice (SCN) from the Income Tax Department for FY2022-23. The notice proposes Rs 19.17 Cr in potential tax disallowances. (Neutral)

Xchanging Solutions Ltd: Company’s Managing Director & CEO, Nachiket Sukhtankar resigned, effective Mar 03, 2025 (Neutral)

Urja Global Ltd: Company announced the resignation of its CFO, Mr. Sushil Prajapati, and effective Feb 28, 2025. (Neutral)

Duroply Industries Limited: Company’s CFO, Pawan Kumar Verma, resigned effective Feb 28, 2025. (Neutral)

Aurobindo Pharma Ltd: Company has completed the acquisition of 80% of the equity share capital of Tergene Biotech Ltd. (Neutral)

Tata Communications: Company Completes Divestment of Tata Communications Payment Solutions Ltd to Tsi, A Subsidiary of Findi Ltd. (Neutral)

*Gujarat Alkali: Company invested Rs 3.60 crore in Vadodara Jal Sanchay Pvt. Ltd.’s rights issue, maintaining its 15% stake for the TTWW project. (Neutral)

RailTel Corporation of India Ltd: Company has received the work order from Madhya Pradesh State Electronics Development Corporation Ltd for Work Order amounting to Rs. 37.18 Cr. (Neutral)

Hyundai Motors: February Total Sales 58,727 Units Vs 60,500 Units (YoY) (Neutral)

PayTM: Received Show cause notice from the directorate of enforcement, GOI for FEM violations (Negative)

Glenmark: Company recalls 1.5 million bottles of ADHD medication in US: USFDA. (Negative)

Hero Motocorp: February Total Sales 3.9 lakh Units Vs Est 4.4 lakh Units (YoY) (Negative)

Indian Overseas Bank: Receives ₹699.5-crore GST demand, to challenge order. (Negative)

MSTC: Company gets Income Tax demand order of ₹105.55 crore for the Assessment Year 2019-20. (Negative)

Mankind Pharma: Company has received an income tax demand order amounting to ₹111.68 crore for the assessment year 2021-22. (Negative)

PEL: Company received GST order of Rs. 1,502 crores, from the office of Deputy Commissioner of State Tax, Maharashtra (Negative)



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