As investors gear up for Monday’s trading session, several key stocks are drawing attention in the market. Notable companies like Tata Power, GMR Airports, Lupin, Coal India, and Mahindra & Mahindra are poised for significant movements that could impact investor decisions. Here’s what you need to know about these companies and their recent developments.
Mahindra & Mahindra’s Production Surge
Mahindra & Mahindra has reported a remarkable 10.4% increase in production year-on-year, reaching 81,302 units in February, a jump from 73,643 units during the same month last year. Additionally, total sales rose by 13%, climbing to 80,641 units, up from 71,384 units in February of the previous year. This growth reflects the company’s robust operational strategy and increasing market demand.
GMR Airports Expands Stake
In a strategic move, GMR Airports Infrastructure has enhanced its stake in Delhi International Airport by acquiring an additional 10% from Fraport. This acquisition boosts their total ownership from 64% to 74%, positioning the company for future growth and increased influence in one of India’s busiest airports.
Tata Power’s Renewable Energy Initiative
Tata Power has recently entered into a Memorandum of Understanding with the Andhra Pradesh government to embark on an ambitious plan to develop up to 7,000 MW of renewable energy projects. This initiative represents a significant investment of approximately Rs 49,000 crore, underscoring Tata Power’s commitment to sustainable energy solutions and its pivotal role in India’s green energy transition.
Coal India Partners with IIT Hyderabad
Coal India is making strides in clean energy by signing a Memorandum of Understanding with IIT Hyderabad to set up a Centre of Excellence for Clean Coal Energy. This collaboration aims to focus on achieving Net Zero emissions, highlighting Coal India’s commitment to innovation in environmentally friendly practices.
Shyam Metallics Sees Sales Boom
In its latest business update, Shyam Metallics and Energy reported a staggering 110% increase in stainless steel sales, reaching 8,552 MT in February 2025. Additionally, the sales of aluminium foil saw a 23% rise, totaling 1,686 MT. This impressive growth showcases the company’s expanding market presence.
Sun TV Network Declares Dividend
Sun TV Network has announced an interim dividend of Rs 2.5 per share, part of a total of Rs 5 per share for the fiscal year 2025. This decision reflects the company’s strong financial health and commitment to returning value to its shareholders.
IRB Infrastructure’s Toll Collection Growth
IRB Infrastructure Developers reported a 14.5% increase in gross toll collections, amounting to Rs 529 crore in February 2025, up from Rs 462 crore the previous year. The average daily collection also rose by 18.9%, now standing at Rs 18.9 crore, indicating robust performance in the infrastructure sector.
IndusInd Bank Leadership Update
The Reserve Bank of India has approved the reappointment of Sumant Kathpalia as the managing director and chief executive officer of IndusInd Bank for an additional year, effective from March 24, 2025. This decision reflects confidence in his leadership during a pivotal time for the banking sector.
Lupin Launches New Medication
Lupin has launched Rivaroxaban tablets in the United States after receiving final approval for its Abbreviated New Drug Application from the U.S. Food and Drug Administration. This medication is vital for treating and preventing major cardiovascular events, marking a significant addition to Lupin’s product portfolio.
Nuvama Wealth Management Outlook Upgrade
Nuvama Wealth Management has received a positive outlook revision from the Investment Information and Credit Rating Agency, reaffirming its issuer rating. This upgrade signals confidence in the company’s future prospects and operational capabilities.
As the trading week begins, these developments are sure to influence market dynamics. Investors should keep a close watch on these companies to navigate potential opportunities effectively.