Today, on March 3, 2025, several stocks will be in focus.
Stocks to watch today on March 3, 2025:
AB Real Estate (Birla Estates)
Birla Estates, the real estate arm of AB Real Estate, has secured a booking value of approximately ₹500 crore for Phase 3 of its Birla Trimaya project in Bengaluru.
NCC
The company has secured a new order worth ₹218.82 crore in February 2025, further strengthening its order book.
Piramal Enterprises
The company has received a GST demand order of ₹1,502 crore for the tax period 2020-21 from the Maharashtra tax authority.
Dalmia Bharat
The cement major has announced plans to add 6 million tonnes per annum (MnTPA) cement capacity across Maharashtra and Karnataka, indicating expansion in key markets.
Indian Overseas Bank (IOB)
The bank has received a GST liability demand of ₹699.52 crore for the assessment year 2020-21, adding a regulatory challenge for the lender.
Ujjivan Small Finance Bank
The bank has completed the sale of its stressed loan portfolio with an outstanding amount of ₹364.51 crore to an Asset Reconstruction Company (ARC) for ₹34.26 crore.
Alert: ARC refers to an Asset Reconstruction Company, which specializes in acquiring and managing non-performing assets (NPAs).
These developments are likely to impact the respective stocks in today’s trading session. Investors will closely watch how the companies respond to regulatory actions and business expansions.
Disclaimer: This article is for informational purposes only and should not be considered investment advice. Please consult with a financial expert before making any investment decisions.
