Stocks To Watch Today: Tata Motors, Paytm, Maruti Suzuki, Voltas, Mahindra, NTPC In Focus On March 3

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Last Updated:March 03, 2025, 07:59 IST

Stocks to Watch Today: Auto sales figures were released on Saturday, which provides an opportunity to look at the auto sector in a fresh way. Here are the stocks to watch today:

Stocks To Watch Today: The SGX Nifty (GIFT Nifty) is signalling a strong opening for Monday, trading 98.5 points higher (+0.44%) at 22,368.5. Meanwhile, Asian markets remain mixed amid the threat of imminent Trump tariffs, with MSCI’s broadest index of Asia-Pacific shares outside Japan staying flat, while Japan’s Nikkei 225 gains 1.1%, supported by a weaker yen. S&P 500 and Nasdaq futures are also slightly up by 0.1% after a late rebound on Friday following a week of heavy losses.

Here are the key stocks to watch today:

Tata Motors: The auto major reported an 8% YoY decline in total sales for February at 79,344 units, compared to 86,406 units in the previous year. Domestic sales dropped 9% to 77,232 units, while passenger vehicle (PV) sales, including EVs, fell 9% to 46,811 units. Commercial vehicle (CV) sales also declined 7% YoY to 32,533 units.

Maruti Suzuki: February sales stood at 1.99 lakh units, slightly below estimates. Domestic sales grew 3.6% to 1.74 lakh units, but exports dropped 13.5% YoY.

Mahindra & Mahindra (M&M): February sales outperformed estimates, reaching 83,702 units (+14.8% YoY). Passenger vehicle sales rose 19%, while exports nearly doubled (+99%). Tractor sales hit 25,527 units, beating projections.

Eicher Motors: Royal Enfield’s total sales reached 90,670 units, surpassing expectations (+19.4% YoY). Exports grew 23.2% to 9,871 units.

TVS Motor: Strong February auto sales, exceeding estimates with 4.03 lakh units sold (+10% YoY). Two-wheeler sales rose 10% to 3.91 lakh units, while electric vehicle (EV) sales surged 34% to 24,017 units. Exports jumped 26%, and three-wheeler sales increased 14%.

Hyundai Motor India: Reported 58,727 units in February sales, with 47,727 domestic sales and 11,000 exports.

Corporate Actions & Developments

NTPC: Achieved a record power generation milestone of 400 billion units (BU) for FY25 on March 1, 2025, 12 days ahead of last year. The company has a total installed capacity of 77 GW, with 29.5 GW under construction, including 9.6 GW in renewables. NTPC aims to reach 60 GW renewable capacity by 2032.

One97 Communications (Paytm): The company has received a show cause notice from the ED for alleged contraventions of certain provisions of the Foreign Exchange Management Act (FEMA) between 2015 and 2019. The notice pertains to its acquisition of two subsidiaries — Little Internet and Nearbuy India (formerly Groupon) — along with certain directors and officers. The alleged contraventions involve transactions amounting to Rs 611.17 crore.

Indian Overseas Bank: The lender has received a demand from the Deputy Commissioner, Large Taxpayers Unit, Chennai, for a GST liability of Rs 699.52 crore, inclusive of interest and penalties, for the Annual Scrutiny Assessment Year 2020-21. The penalty imposed by the authority amounts to Rs 35.26 crore.

Ujjivan Small Finance Bank: Finalised the sale of its ₹364.51 crore stressed loan portfolio to an Asset Reconstruction Company (ARC) for ₹34.26 crore.