Stocks to watch out for on March 1

Mar 1, 2021

By: Navdeep Yadav

​Indian Oil plans ₹32,946 crore expansion at Panipat Refinery by 2024

This capital infusion is expected to increase the capacity of the refinery to 25 million metric tonnes per annum (MMTPA) from 15 MMTPA

Credit: BCCL

​Mukesh Ambani-owned RIL acquires majority equity stake in skyTran

The company bought the additional equity stake for a consideration of $26.76 million (₹196 crore)

Credit: BCCL

​M&M, Maruti Suzuki, Bajaj Auto, Hero Motocorp, TVS and other auto stocks in focus

Automakers are slated to report their monthly sales today. The sales are likely to be a mixed bag with two-wheelers under pressure

Credit: BCCL

​Tata Motors’ JLR to take a write off of £1.5 bn (₹15,451 cr) in the fourth quarter as part of a restructuring

This will be the second biggest write-off by JLR, which seeks to change tack and turn profitable

Credit: BCCL

​KEC International wins new orders of ₹1,140 crore

The global infrastructure major has secured projects from Power Grid, Railways and other businesses

Credit: BCCL

​DLF plans to raise up to ₹395 crore via issue of debentures

The company did not disclose how the proceeds from the bond sale will be utilised

Credit: BCCL

​RailTel Corporation wins three orders worth ₹105.8 crore from the Ministry of Railways

The tenure for completion of the three orders is 18 months

Credit: BCCL

​Wipro completes acquisition of Eximius Design for nearly ₹586.3 crore

Eximius Design is an engineering services company with expertise in semiconductor, software and systems design

Credit: BCCL

​Zensar Technologies Board approves divestment of 100 percent stake in Aquila

Aquila primarily provides information technology and consulting services to the US govt and its contractors.

Credit: BCCL

Markets continue to slump on fears of escalating tensions in Middle East

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